EJMK Ventures LLC Makes New Investment in Walmart Inc. $WMT

EJMK Ventures LLC acquired a new stake in shares of Walmart Inc. (NASDAQ:WMT) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 7,217 shares of the retailer’s stock, valued at approximately $804,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in WMT. Entrust Financial LLC acquired a new stake in shares of Walmart during the fourth quarter valued at approximately $27,000. Beacon Financial Strategies CORP acquired a new position in Walmart in the 4th quarter worth approximately $30,000. Bay Harbor Wealth Management LLC boosted its stake in Walmart by 57.4% in the 4th quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock worth $32,000 after purchasing an additional 105 shares during the period. Clayton Financial Group LLC grew its position in Walmart by 193.0% during the 4th quarter. Clayton Financial Group LLC now owns 293 shares of the retailer’s stock worth $33,000 after purchasing an additional 193 shares in the last quarter. Finally, Sankala Group LLC purchased a new position in Walmart during the 4th quarter worth approximately $33,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Walmart

In related news, EVP Christopher James Nicholas sold 2,900 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $123.92, for a total transaction of $359,368.00. Following the transaction, the executive vice president owned 577,853 shares of the company’s stock, valued at approximately $71,607,543.76. This trade represents a 0.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP David W. Guggina sold 11,978 shares of Walmart stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the completion of the sale, the executive vice president owned 125,067 shares of the company’s stock, valued at $14,985,527.94. This trade represents a 8.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 117,246 shares of company stock valued at $14,493,147 in the last ninety days. 0.09% of the stock is currently owned by insiders.

Walmart Price Performance

Shares of NASDAQ:WMT opened at $117.18 on Friday. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. Walmart Inc. has a 1 year low of $94.23 and a 1 year high of $135.15. The business has a fifty day simple moving average of $124.61 and a 200 day simple moving average of $122.04. The firm has a market cap of $932.53 billion, a price-to-earnings ratio of 41.12, a P/E/G ratio of 4.37 and a beta of 0.59.

Walmart (NASDAQ:WMT) last issued its earnings results on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, meeting analysts’ consensus estimates of $0.66. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The firm had revenue of $177.75 billion for the quarter, compared to the consensus estimate of $174.84 billion. During the same quarter in the previous year, the company posted $0.61 earnings per share. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. As a group, sell-side analysts predict that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. UBS Group set a $141.00 target price on shares of Walmart and gave the company a “buy” rating in a research note on Friday, May 22nd. Bank of America began coverage on Walmart in a report on Friday, February 27th. They set a “buy” rating and a $150.00 price target on the stock. Raymond James Financial reissued an “outperform” rating and set a $135.00 price target on shares of Walmart in a research report on Friday, March 6th. BNP Paribas Exane reduced their price objective on Walmart from $147.00 to $146.00 and set an “outperform” rating for the company in a research note on Friday, May 22nd. Finally, Guggenheim raised their price objective on Walmart from $120.00 to $137.00 and gave the stock a “buy” rating in a research report on Monday, April 13th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $138.85.

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.