Walmart Inc. (NYSE:WMT) Shares Acquired by Alliance Wealth Advisors LLC

Alliance Wealth Advisors LLC grew its stake in Walmart Inc. (NYSE:WMT) by 11.5% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 4,412 shares of the retailer’s stock after acquiring an additional 456 shares during the period. Alliance Wealth Advisors LLC’s holdings in Walmart were worth $356,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in Walmart by 199.4% in the 1st quarter. Vanguard Group Inc. now owns 411,745,334 shares of the retailer’s stock valued at $24,774,717,000 after acquiring an additional 274,229,968 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of Walmart by 181.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 56,861,234 shares of the retailer’s stock valued at $3,421,342,000 after purchasing an additional 36,625,314 shares in the last quarter. Swiss National Bank increased its stake in Walmart by 187.4% during the 1st quarter. Swiss National Bank now owns 13,303,200 shares of the retailer’s stock worth $800,454,000 after buying an additional 8,674,100 shares during the period. Canada Pension Plan Investment Board lifted its holdings in Walmart by 284.0% during the 1st quarter. Canada Pension Plan Investment Board now owns 11,122,273 shares of the retailer’s stock worth $669,227,000 after buying an additional 8,225,552 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. lifted its holdings in Walmart by 184.1% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 12,567,533 shares of the retailer’s stock worth $756,188,000 after buying an additional 8,144,393 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Trading Down 0.5 %

NYSE WMT opened at $81.22 on Thursday. The firm’s fifty day moving average is $77.37 and its two-hundred day moving average is $69.31. Walmart Inc. has a one year low of $49.85 and a one year high of $81.82. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.22 and a current ratio of 0.80. The firm has a market cap of $652.87 billion, a PE ratio of 42.23, a P/E/G ratio of 4.02 and a beta of 0.51.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Thursday, August 15th. The retailer reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.02. Walmart had a return on equity of 21.72% and a net margin of 2.34%. The firm had revenue of $169.30 billion for the quarter, compared to analysts’ expectations of $168.56 billion. During the same quarter in the previous year, the firm posted $0.61 EPS. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. Analysts expect that Walmart Inc. will post 2.44 earnings per share for the current year.

Insider Buying and Selling

In other Walmart news, major shareholder Alice L. Walton sold 2,709,163 shares of the business’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $77.37, for a total value of $209,607,941.31. Following the transaction, the insider now directly owns 630,501,148 shares of the company’s stock, valued at approximately $48,781,873,820.76. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, major shareholder Alice L. Walton sold 2,709,163 shares of Walmart stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $77.37, for a total value of $209,607,941.31. Following the sale, the insider now owns 630,501,148 shares of the company’s stock, valued at $48,781,873,820.76. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Daniel J. Bartlett sold 2,063 shares of the business’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $80.76, for a total transaction of $166,607.88. Following the transaction, the executive vice president now owns 459,558 shares in the company, valued at approximately $37,113,904.08. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,337,337 shares of company stock valued at $958,267,901 over the last three months. 45.58% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have commented on WMT. Oppenheimer boosted their price target on shares of Walmart from $81.00 to $90.00 and gave the stock an “outperform” rating in a research note on Monday. Piper Sandler restated an “overweight” rating and set a $83.00 price target (up previously from $81.00) on shares of Walmart in a report on Friday, August 16th. Morgan Stanley increased their price target on Walmart from $75.00 to $82.00 and gave the company an “overweight” rating in a research report on Friday, August 16th. KeyCorp boosted their price objective on Walmart from $82.00 to $86.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, Royal Bank of Canada raised their target price on shares of Walmart from $74.00 to $80.00 and gave the company an “outperform” rating in a report on Friday, August 16th. One analyst has rated the stock with a hold rating, twenty-eight have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $82.96.

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.