Wilmington Savings Fund Society FSB Has $12.54 Million Stock Position in Walmart Inc. (NYSE:WMT)

Wilmington Savings Fund Society FSB raised its stake in Walmart Inc. (NYSE:WMT) by 8.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 138,770 shares of the retailer’s stock after acquiring an additional 10,741 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Walmart were worth $12,538,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Montis Financial LLC increased its position in Walmart by 24.8% in the third quarter. Montis Financial LLC now owns 6,036 shares of the retailer’s stock worth $487,000 after purchasing an additional 1,200 shares during the period. Retirement Planning Group LLC boosted its stake in shares of Walmart by 86.4% in the 3rd quarter. Retirement Planning Group LLC now owns 35,697 shares of the retailer’s stock valued at $2,883,000 after purchasing an additional 16,549 shares during the last quarter. Carnegie Investment Counsel grew its position in shares of Walmart by 0.5% during the 3rd quarter. Carnegie Investment Counsel now owns 214,159 shares of the retailer’s stock worth $17,293,000 after buying an additional 1,137 shares during the period. Compton Wealth Advisory Group LLC grew its position in shares of Walmart by 3.5% during the 3rd quarter. Compton Wealth Advisory Group LLC now owns 31,779 shares of the retailer’s stock worth $2,566,000 after buying an additional 1,081 shares during the period. Finally, FOCUS Wealth Advisors LLC bought a new stake in shares of Walmart during the third quarter worth approximately $213,000. 26.76% of the stock is owned by institutional investors.

Walmart Stock Performance

Shares of WMT opened at $101.17 on Monday. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. Walmart Inc. has a 12 month low of $55.85 and a 12 month high of $103.11. The firm has a fifty day simple moving average of $94.07 and a 200 day simple moving average of $84.26. The stock has a market capitalization of $812.73 billion, a price-to-earnings ratio of 41.52, a PEG ratio of 4.25 and a beta of 0.55.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. The company had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The company’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.51 EPS. Research analysts forecast that Walmart Inc. will post 2.48 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on WMT. Evercore ISI lifted their target price on shares of Walmart from $94.00 to $96.00 and gave the stock an “outperform” rating in a report on Tuesday, December 3rd. DZ Bank cut Walmart from a “buy” rating to a “hold” rating and set a $91.00 price objective for the company. in a research note on Thursday, November 21st. Stifel Nicolaus increased their target price on Walmart from $89.00 to $94.00 and gave the company a “hold” rating in a research note on Tuesday, December 10th. BMO Capital Markets raised their target price on Walmart from $80.00 to $100.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. Finally, TD Cowen upped their price target on Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Two analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $96.01.

Insider Buying and Selling at Walmart

In related news, SVP David Chojnowski sold 5,600 shares of Walmart stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $91.45, for a total transaction of $512,120.00. Following the completion of the transaction, the senior vice president now owns 87,404 shares in the company, valued at approximately $7,993,095.80. This trade represents a 6.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP John D. Rainey sold 38,000 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the executive vice president now owns 257,281 shares in the company, valued at $25,419,362.80. This represents a 12.87 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 175,177 shares of company stock worth $16,403,728 over the last ninety days. 45.58% of the stock is currently owned by corporate insiders.

Walmart 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.