Walmart Inc. (NYSE:WMT) Shares Acquired by D Orazio & Associates Inc.

D Orazio & Associates Inc. increased its holdings in shares of Walmart Inc. (NYSE:WMT) by 2.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,268 shares of the retailer’s stock after purchasing an additional 429 shares during the quarter. D Orazio & Associates Inc.’s holdings in Walmart were worth $1,604,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of WMT. Norges Bank acquired a new stake in Walmart in the 4th quarter valued at approximately $5,737,355,000. Raymond James Financial Inc. purchased a new position in shares of Walmart during the fourth quarter worth $2,306,627,000. GAMMA Investing LLC raised its holdings in shares of Walmart by 9,896.9% in the 1st quarter. GAMMA Investing LLC now owns 7,939,728 shares of the retailer’s stock valued at $697,029,000 after buying an additional 7,860,306 shares during the period. Bank of New York Mellon Corp lifted its stake in Walmart by 14.0% during the 4th quarter. Bank of New York Mellon Corp now owns 32,020,800 shares of the retailer’s stock worth $2,893,079,000 after acquiring an additional 3,927,173 shares in the last quarter. Finally, Northern Trust Corp boosted its holdings in Walmart by 8.9% during the 4th quarter. Northern Trust Corp now owns 43,641,936 shares of the retailer’s stock valued at $3,943,049,000 after acquiring an additional 3,550,037 shares during the period. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP Daniel J. Bartlett sold 1,760 shares of the company’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 transaction, the executive vice president now owns 520,275 shares of the company’s stock, valued at $49,332,475.50. This represents a 0.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction on Wednesday, March 19th. The stock was 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 owns 888,309 shares of the company’s stock, valued at $76,350,158.55. The trade was a 0.45% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 137,534 shares of company stock valued at $12,833,664 over the last quarter. Corporate insiders own 45.58% of the company’s stock.

Walmart Price Performance

Shares of WMT opened at $94.20 on Monday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. Walmart Inc. has a fifty-two week low of $66.41 and a fifty-two week high of $105.30. The firm has a 50-day simple moving average of $95.79 and a 200-day simple moving average of $94.09. The company has a market capitalization of $751.76 billion, a price-to-earnings ratio of 39.09, a price-to-earnings-growth ratio of 4.42 and a beta of 0.69.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, May 15th. The retailer reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.03. The company 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 firm’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period last year, the firm earned $0.60 EPS. On average, equities research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Announces Dividend

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

Analyst Ratings Changes

WMT has been the topic of several research reports. Piper Sandler increased their price target on shares of Walmart from $93.00 to $118.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 18th. Barclays reissued an “overweight” rating on shares of Walmart in a research report on Friday, February 28th. Guggenheim reaffirmed a “buy” rating and set a $100.00 price objective on shares of Walmart in a research report on Monday, February 24th. Roth Mkm reiterated a “buy” rating and issued a $108.00 target price (up from $97.00) on shares of Walmart in a report on Friday, February 21st. Finally, Telsey Advisory Group reissued an “outperform” rating and set a $115.00 target price on shares of Walmart in a research note on Monday, June 9th. Two analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $106.50.

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.