Walmart Inc. (NYSE:WMT) Holdings Raised by Constitution Capital LLC

Constitution Capital LLC boosted its stake in shares of Walmart Inc. (NYSE:WMT) by 1.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 95,151 shares of the retailer’s stock after purchasing an additional 1,035 shares during the quarter. Walmart makes up 4.6% of Constitution Capital LLC’s investment portfolio, making the stock its 5th biggest holding. Constitution Capital LLC’s holdings in Walmart were worth $8,353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Whelan Financial increased its holdings in shares of Walmart by 2.3% in the 4th quarter. Whelan Financial now owns 4,339 shares of the retailer’s stock valued at $392,000 after acquiring an additional 97 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its holdings in shares of Walmart by 1.7% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 5,937 shares of the retailer’s stock valued at $538,000 after acquiring an additional 98 shares during the last quarter. Coyle Financial Counsel LLC increased its holdings in shares of Walmart by 3.1% in the 4th quarter. Coyle Financial Counsel LLC now owns 3,431 shares of the retailer’s stock valued at $310,000 after acquiring an additional 102 shares during the last quarter. SC&H Financial Advisors Inc. increased its holdings in shares of Walmart by 1.0% in the 4th quarter. SC&H Financial Advisors Inc. now owns 10,232 shares of the retailer’s stock valued at $924,000 after acquiring an additional 103 shares during the last quarter. Finally, Blackston Financial Advisory Group LLC increased its holdings in shares of Walmart by 0.7% in the 4th quarter. Blackston Financial Advisory Group LLC now owns 15,685 shares of the retailer’s stock valued at $1,417,000 after acquiring an additional 106 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insider Activity

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $85.63, for a total value of $2,493,888.12. Following the completion of the sale, the chief executive officer now directly owns 3,972,517 shares of the company’s stock, valued at $340,166,630.71. This trade represents a 0.73% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of $85.95, for a total value of $343,800.00. Following the completion of the transaction, the executive vice president now directly owns 888,309 shares of the company’s stock, valued at $76,350,158.55. The trade was a 0.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 137,534 shares of company stock valued at $12,833,664 in the last three months. 45.58% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on WMT shares. Sanford C. Bernstein reiterated an “outperform” rating on shares of Walmart in a report on Monday, May 5th. KeyCorp upped their target price on Walmart from $100.00 to $105.00 and gave the company an “overweight” rating in a research report on Friday, February 21st. Evercore ISI upped their target price on Walmart from $105.00 to $107.00 and gave the company an “outperform” rating in a research report on Wednesday. Roth Mkm reissued a “buy” rating and issued a $108.00 target price (up from $97.00) on shares of Walmart in a research report on Friday, February 21st. Finally, Barclays reissued an “overweight” rating on shares of Walmart in a research report on Friday, February 28th. Two equities research analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $105.16.

Walmart Stock Down 0.5%

WMT opened at $97.46 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23. The business has a 50 day simple moving average of $94.71 and a 200-day simple moving average of $93.84. The stock has a market capitalization of $779.77 billion, a P/E ratio of 40.44, a P/E/G ratio of 4.42 and a beta of 0.69. Walmart Inc. has a 12 month low of $65.64 and a 12 month high of $105.30.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Thursday, May 15th. The retailer reported $0.61 EPS for the quarter, beating the consensus estimate of $0.58 by $0.03. The business had revenue of $165.61 billion during the quarter, compared to analysts’ expectations of $164.53 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The company’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period last year, the firm earned $0.60 EPS. On average, equities analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, May 27th. Stockholders of record on Monday, May 12th were issued a $0.235 dividend. The ex-dividend date of this dividend was Friday, May 9th. This represents a dividend yield of 0.95%. Walmart’s dividend payout ratio is currently 40.17%.

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.