AlphaMark Advisors LLC Increases Holdings in Walmart Inc. (NYSE:WMT)

AlphaMark Advisors LLC raised its stake in Walmart Inc. (NYSE:WMT) by 77.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,884 shares of the retailer’s stock after acquiring an additional 825 shares during the period. AlphaMark Advisors LLC’s holdings in Walmart were worth $170,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Moody Lynn & Lieberson LLC increased its position in shares of Walmart by 0.9% during the fourth quarter. Moody Lynn & Lieberson LLC now owns 13,903 shares of the retailer’s stock valued at $1,256,000 after acquiring an additional 121 shares in the last quarter. Jacksonville Wealth Management LLC bought a new stake in shares of Walmart in the 4th quarter worth $688,000. Arkfeld Wealth Strategies L.L.C. increased its holdings in shares of Walmart by 14.0% in the 4th quarter. Arkfeld Wealth Strategies L.L.C. now owns 23,793 shares of the retailer’s stock worth $2,178,000 after purchasing an additional 2,923 shares in the last quarter. Flagship Harbor Advisors LLC lifted its holdings in shares of Walmart by 1.1% during the fourth quarter. Flagship Harbor Advisors LLC now owns 64,081 shares of the retailer’s stock valued at $5,790,000 after purchasing an additional 671 shares in the last quarter. Finally, Insight Inv LLC boosted its position in shares of Walmart by 1.6% during the fourth quarter. Insight Inv LLC now owns 34,341 shares of the retailer’s stock valued at $3,109,000 after buying an additional 540 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Walmart

In related news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $91.44, for a total value of $2,663,098.56. Following the completion of the transaction, the chief executive officer now owns 3,814,805 shares in the company, valued at approximately $348,825,769.20. This trade represents a 0.76 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of $92.96, for a total value of $1,220,100.00. Following the sale, the executive vice president now owns 568,626 shares in the company, valued at approximately $52,859,472.96. This trade represents a 2.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 140,177 shares of company stock worth $12,895,688 in the last quarter. 45.58% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on WMT shares. Robert W. Baird boosted their target price on Walmart from $90.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Roth Mkm increased their price objective on shares of Walmart from $81.00 to $97.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. DZ Bank downgraded shares of Walmart from a “buy” rating to a “hold” rating and set a $91.00 target price for the company. in a research report on Thursday, November 21st. TD Cowen boosted their target price on shares of Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Finally, Piper Sandler raised their price target on Walmart from $83.00 to $93.00 and gave the stock an “overweight” rating in a research note on Monday, November 18th. Two research analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $94.69.

Walmart Trading Up 2.8 %

Shares of WMT opened at $97.39 on Tuesday. Walmart Inc. has a 1 year low of $54.51 and a 1 year high of $97.46. The company has a 50 day simple moving average of $92.02 and a two-hundred day simple moving average of $82.29. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23. The firm has a market cap of $782.38 billion, a P/E ratio of 39.97, a price-to-earnings-growth ratio of 4.42 and a beta of 0.55.

Walmart (NYSE:WMT) last announced its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping the consensus estimate of $0.53 by $0.05. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The business had revenue of $169.59 billion for the quarter, compared to analysts’ expectations of $167.69 billion. During the same quarter in the previous year, the company earned $0.51 EPS. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. On average, equities analysts expect that Walmart Inc. will post 2.48 earnings per share for the current fiscal year.

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.