Maxele Advisors LLC Invests $873,000 in Walmart Inc. $WMT

Maxele Advisors LLC purchased a new position in Walmart Inc. (NASDAQ:WMT) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 8,467 shares of the retailer’s stock, valued at approximately $873,000.

Several other hedge funds have also recently bought and sold shares of WMT. Fox Run Management L.L.C. acquired a new stake in shares of Walmart during the third quarter valued at $1,709,000. CWM LLC increased its position in Walmart by 24.2% during the 3rd quarter. CWM LLC now owns 1,175,703 shares of the retailer’s stock worth $121,168,000 after purchasing an additional 229,220 shares in the last quarter. Neuberger Berman Group LLC raised its stake in Walmart by 0.8% in the 2nd quarter. Neuberger Berman Group LLC now owns 5,091,126 shares of the retailer’s stock valued at $497,771,000 after purchasing an additional 42,645 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its stake in Walmart by 16.6% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 63,782 shares of the retailer’s stock valued at $6,567,000 after purchasing an additional 9,061 shares during the last quarter. Finally, World Investment Advisors lifted its holdings in Walmart by 5.2% in the 3rd quarter. World Investment Advisors now owns 293,866 shares of the retailer’s stock valued at $30,286,000 after purchasing an additional 14,487 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Stock Performance

Shares of WMT stock opened at $125.99 on Tuesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.24 and a current ratio of 0.79. The firm has a market capitalization of $1.00 trillion, a price-to-earnings ratio of 45.98, a price-to-earnings-growth ratio of 4.71 and a beta of 0.66. Walmart Inc. has a one year low of $79.81 and a one year high of $134.69. The company has a 50 day moving average price of $123.43 and a 200 day moving average price of $112.27.

Walmart (NASDAQ:WMT) last announced its quarterly earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.01. Walmart had a net margin of 3.07% and a return on equity of 21.44%. The company had revenue of $190.66 billion for the quarter, compared to analyst estimates of $188.37 billion. During the same quarter last year, the business earned $0.66 EPS. Walmart’s revenue for the quarter was up 5.6% on a year-over-year basis. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. Sell-side analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, January 4th. Shareholders of record on Friday, December 11th will be given a dividend of $0.2475 per share. This represents a $0.99 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, December 11th. Walmart’s payout ratio is 34.31%.

Insider Activity

In other Walmart news, EVP Latriece Watkins sold 10,000 shares of the company’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $121.46, for a total transaction of $1,214,600.00. Following the completion of the sale, the executive vice president directly owned 108,294 shares in the company, valued at $13,153,389.24. This represents a 8.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Christopher James Nicholas sold 34,082 shares of the firm’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $122.00, for a total value of $4,158,004.00. Following the completion of the transaction, the executive vice president owned 533,466 shares in the company, valued at approximately $65,082,852. This trade represents a 6.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 278,278 shares of company stock valued at $33,974,118 in the last 90 days. 0.10% of the stock is owned by corporate insiders.

Analyst Ratings Changes

WMT has been the topic of several analyst reports. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $134.00 price target (up from $129.00) on shares of Walmart in a research note on Friday, February 20th. Robert W. Baird upped their price objective on shares of Walmart from $110.00 to $121.00 and gave the company an “outperform” rating in a research note on Friday, November 21st. Oppenheimer restated an “outperform” rating and set a $140.00 target price (up from $125.00) on shares of Walmart in a research report on Monday, February 9th. KeyCorp reaffirmed an “overweight” rating and issued a $145.00 target price (up from $128.00) on shares of Walmart in a research note on Friday, February 13th. Finally, Argus upgraded Walmart to a “strong-buy” rating in a report on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $135.76.

Walmart Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.