Walmart Inc. (NYSE:WMT) Holdings Lessened by Keeler Thomas Management LLC

Keeler Thomas Management LLC lowered its stake in Walmart Inc. (NYSE:WMT) by 5.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 74,586 shares of the retailer’s stock after selling 4,140 shares during the period. Walmart makes up approximately 2.4% of Keeler Thomas Management LLC’s investment portfolio, making the stock its 9th biggest position. Keeler Thomas Management LLC’s holdings in Walmart were worth $6,739,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. FPC Investment Advisory Inc. bought a new position in shares of Walmart during the 4th quarter valued at approximately $25,000. Peterson Financial Group Inc. purchased a new position in Walmart during the third quarter worth $26,000. Fiduciary Advisors Inc. bought a new position in Walmart during the fourth quarter valued at $27,000. Voisard Asset Management Group Inc. raised its stake in shares of Walmart by 77.3% in the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock valued at $32,000 after acquiring an additional 174 shares during the period. Finally, Decker Retirement Planning Inc. purchased a new stake in shares of Walmart in the fourth quarter valued at $32,000. 26.76% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on WMT shares. Truist Financial upped their price target on shares of Walmart from $98.00 to $111.00 and gave the company a “buy” rating in a report on Tuesday, February 11th. Royal Bank of Canada reduced their price target on Walmart from $109.00 to $107.00 and set an “outperform” rating on the stock in a report on Friday. Guggenheim reissued a “buy” rating and set a $100.00 price target on shares of Walmart in a research note on Monday. Robert W. Baird increased their target price on Walmart from $100.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 18th. Finally, KeyCorp boosted their target price on shares of Walmart from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Friday. Two equities research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Walmart has an average rating of “Moderate Buy” and an average price target of $102.43.

Walmart Trading Down 1.2 %

Walmart stock opened at $93.64 on Tuesday. Walmart Inc. has a one year low of $58.18 and a one year high of $105.30. The stock has a market cap of $752.21 billion, a PE ratio of 38.85, a price-to-earnings-growth ratio of 4.42 and a beta of 0.55. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. The stock has a 50-day moving average of $95.60 and a two-hundred day moving average of $86.89.

Walmart (NYSE:WMT) last released its earnings results on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.02. Walmart had a net margin of 2.85% and a return on equity of 21.87%. The company had revenue of $180.55 billion during the quarter, compared to analysts’ expectations of $178.83 billion. On average, research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Shareholders of record on Friday, December 12th will be paid a dividend of $0.235 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.94 annualized dividend and a yield of 1.00%. Walmart’s payout ratio is presently 39.00%.

Insider Activity

In other news, EVP John D. Rainey sold 38,000 shares of the company’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $98.80, for a total value of $3,754,400.00. Following the sale, the executive vice president now directly owns 257,281 shares of the company’s stock, valued at $25,419,362.80. This represents a 12.87 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $91.44, for a total transaction of $2,663,098.56. Following the transaction, the chief executive officer now directly owns 3,814,805 shares of the company’s stock, valued at approximately $348,825,769.20. This trade represents a 0.76 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 194,377 shares of company stock valued at $18,231,904. Company insiders own 45.58% of the company’s stock.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.