Stillwater Capital Advisors LLC Has $21.93 Million Holdings in Walmart Inc. (NYSE:WMT)

Stillwater Capital Advisors LLC reduced its position in shares of Walmart Inc. (NYSE:WMT) by 1.5% in the first quarter, Holdings Channel reports. The fund owned 249,754 shares of the retailer’s stock after selling 3,905 shares during the quarter. Walmart makes up about 3.1% of Stillwater Capital Advisors LLC’s portfolio, making the stock its 10th biggest position. Stillwater Capital Advisors LLC’s holdings in Walmart were worth $21,926,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of WMT. World Investment Advisors lifted its position in Walmart by 7.6% in the fourth quarter. World Investment Advisors now owns 271,515 shares of the retailer’s stock worth $24,532,000 after buying an additional 19,233 shares during the last quarter. Candriam S.C.A. lifted its position in Walmart by 209.7% in the fourth quarter. Candriam S.C.A. now owns 885,008 shares of the retailer’s stock worth $79,960,000 after buying an additional 599,257 shares during the last quarter. Modera Wealth Management LLC lifted its position in Walmart by 4.8% in the fourth quarter. Modera Wealth Management LLC now owns 203,150 shares of the retailer’s stock worth $18,355,000 after buying an additional 9,292 shares during the last quarter. Cushing Capital Partners LLC bought a new stake in Walmart in the fourth quarter worth $1,124,000. Finally, GWN Securities Inc. bought a new stake in Walmart in the fourth quarter worth $4,658,000. 26.76% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Wall Street Zen upgraded Walmart from a “hold” rating to a “buy” rating in a research report on Monday, May 12th. Barclays restated an “overweight” rating on shares of Walmart in a research report on Friday, February 28th. Mizuho increased their target price on Walmart from $105.00 to $115.00 and gave the stock an “outperform” rating in a research note on Monday, June 9th. Roth Mkm reiterated a “buy” rating and issued a $108.00 target price (up previously from $97.00) on shares of Walmart in a research note on Friday, February 21st. Finally, Guggenheim reiterated a “buy” rating and issued a $100.00 target price on shares of Walmart in a research note on Monday, February 24th. Two analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $106.50.

Walmart Stock Performance

WMT opened at $94.20 on Monday. Walmart Inc. has a 12-month low of $66.41 and a 12-month high of $105.30. The company has a current ratio of 0.82, a quick ratio of 0.23 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $751.76 billion, a PE ratio of 39.09, a P/E/G ratio of 4.42 and a beta of 0.69. The firm has a 50 day moving average of $95.79 and a two-hundred day moving average of $94.09.

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

Walmart Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, May 27th. Stockholders of record on Monday, May 12th were issued a dividend of $0.235 per share. This represents a dividend yield of 0.95%. The ex-dividend date was Friday, May 9th. Walmart’s dividend payout ratio (DPR) is 40.17%.

Insider Activity

In other news, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $99.00, for a total transaction of $217,800.00. Following the completion of the transaction, the executive vice president now directly owns 630,518 shares of the company’s stock, valued at $62,421,282. The trade was a 0.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Daniel J. Bartlett sold 1,760 shares of the business’s stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of $94.82, for a total transaction of $166,883.20. Following the completion of the sale, the executive vice president now directly owns 520,275 shares of the company’s stock, valued at approximately $49,332,475.50. The trade was a 0.34% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 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 corporate insiders.

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.