Roman Butler Fullerton & Co. Raises Position in Walmart Inc. (NYSE:WMT)

Roman Butler Fullerton & Co. lifted its holdings in Walmart Inc. (NYSE:WMT) by 1.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,893 shares of the retailer’s stock after purchasing an additional 660 shares during the quarter. Walmart accounts for about 1.6% of Roman Butler Fullerton & Co.’s investment portfolio, making the stock its 12th biggest holding. Roman Butler Fullerton & Co.’s holdings in Walmart were worth $5,380,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Investment Advisory Group LLC boosted its holdings in Walmart by 2.1% in the third quarter. Investment Advisory Group LLC now owns 6,182 shares of the retailer’s stock worth $499,000 after purchasing an additional 126 shares during the last quarter. Professional Financial Advisors LLC boosted its stake in shares of Walmart by 0.6% in the 3rd quarter. Professional Financial Advisors LLC now owns 21,839 shares of the retailer’s stock worth $1,763,000 after buying an additional 137 shares during the last quarter. Inspire Advisors LLC grew its holdings in shares of Walmart by 2.1% in the third quarter. Inspire Advisors LLC now owns 6,677 shares of the retailer’s stock worth $539,000 after acquiring an additional 137 shares during the period. Creative Financial Designs Inc. ADV increased its position in Walmart by 2.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 6,987 shares of the retailer’s stock valued at $564,000 after acquiring an additional 137 shares during the last quarter. Finally, Trust Co of the South lifted its holdings in Walmart by 0.5% in the third quarter. Trust Co of the South now owns 25,647 shares of the retailer’s stock valued at $2,071,000 after acquiring an additional 138 shares during the period. 26.76% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, major shareholder S Robson Walton sold 4,057,369 shares of the company’s stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $77.20, for a total value of $313,228,886.80. Following the completion of the sale, the insider now directly owns 611,988,318 shares in the company, valued at $47,245,498,149.60. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Walmart news, major shareholder S Robson Walton sold 4,057,369 shares of Walmart stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $77.20, for a total transaction of $313,228,886.80. Following the completion of the sale, the insider now directly owns 611,988,318 shares in the company, valued at $47,245,498,149.60. This trade represents 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 available at the SEC website. Also, major shareholder Alice L. Walton sold 2,375,563 shares of the company’s stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $76.96, for a total transaction of $182,823,328.48. Following the completion of the transaction, the insider now owns 619,646,544 shares in the company, valued at approximately $47,687,998,026.24. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 12,334,337 shares of company stock worth $958,577,287. Corporate insiders own 45.58% of the company’s stock.

Walmart Trading Up 0.3 %

WMT stock opened at $82.19 on Monday. The company has a quick ratio of 0.22, a current ratio of 0.80 and a debt-to-equity ratio of 0.46. Walmart Inc. has a 52-week low of $49.85 and a 52-week high of $83.34. The company’s 50-day simple moving average is $79.80 and its 200-day simple moving average is $71.25. The firm has a market cap of $660.66 billion, a P/E ratio of 42.81, a PEG ratio of 4.10 and a beta of 0.51.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, August 15th. The retailer reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.02. The business had revenue of $169.30 billion during the quarter, compared to analysts’ expectations of $168.56 billion. Walmart had a return on equity of 21.72% and a net margin of 2.34%. The business’s revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.61 earnings per share. As a group, equities analysts forecast that Walmart Inc. will post 2.44 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on WMT shares. TD Cowen increased their price objective on shares of Walmart from $80.00 to $85.00 and gave the stock a “buy” rating in a research note on Friday, August 16th. Stifel Nicolaus upped their price objective on Walmart from $71.00 to $73.00 and gave the stock a “hold” rating in a research note on Tuesday, August 13th. Deutsche Bank Aktiengesellschaft upped their price target on Walmart from $77.00 to $83.00 and gave the stock a “buy” rating in a research report on Friday, August 16th. Truist Financial upgraded shares of Walmart from a “hold” rating to a “buy” rating and lifted their target price for the company from $76.00 to $89.00 in a research note on Tuesday, September 24th. Finally, Evercore ISI boosted their price target on Walmart from $82.00 to $85.00 and gave the stock an “outperform” rating in a report on Tuesday, October 22nd. One equities research analyst has rated the stock with a hold rating, twenty-nine have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Walmart has a consensus rating of “Buy” and a consensus target price of $83.89.

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.