TLW Wealth Management LLC Has $14.40 Million Holdings in Walmart Inc. (NYSE:WMT)

TLW Wealth Management LLC lifted its position in Walmart Inc. (NYSE:WMT) by 0.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 159,377 shares of the retailer’s stock after buying an additional 492 shares during the period. Walmart comprises 8.6% of TLW Wealth Management LLC’s portfolio, making the stock its 4th largest holding. TLW Wealth Management LLC’s holdings in Walmart were worth $14,400,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Peterson Financial Group Inc. purchased a new position in Walmart in the 3rd quarter worth about $26,000. Decker Retirement Planning Inc. purchased a new position in shares of Walmart during the fourth quarter valued at approximately $32,000. Voisard Asset Management Group Inc. lifted its position in Walmart by 77.3% during the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock valued at $32,000 after purchasing an additional 174 shares during the period. Hoese & Co LLP purchased a new stake in Walmart in the third quarter worth approximately $33,000. Finally, Livelsberger Financial Advisory bought a new stake in Walmart in the 3rd quarter worth approximately $36,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

Shares of Walmart stock opened at $97.97 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. Walmart Inc. has a 12 month low of $55.04 and a 12 month high of $99.00. The stock has a 50 day moving average of $92.91 and a 200 day moving average of $82.90. The firm has a market cap of $787.00 billion, a PE ratio of 40.20, a PEG ratio of 4.46 and a beta of 0.55.

Walmart (NYSE:WMT) last posted its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. The firm had revenue of $169.59 billion during the quarter, compared to analyst estimates of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. Walmart’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period last year, the firm posted $0.51 earnings per share. On average, research analysts expect that Walmart Inc. will post 2.48 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on WMT. StockNews.com cut Walmart from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 20th. Tigress Financial boosted their price target on Walmart from $86.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, December 13th. Truist Financial upped their price target on shares of Walmart from $89.00 to $98.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. BMO Capital Markets raised their price objective on shares of Walmart from $80.00 to $100.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $105.00 price target on shares of Walmart in a research report on Wednesday, January 15th. Two analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $95.11.

Insider Activity

In related news, Director Robert Edward Jr. Moritz bought 5,446 shares of the business’s stock in a transaction dated Wednesday, November 27th. The shares were purchased at an average price of $91.81 per share, with a total value of $499,997.26. Following the transaction, the director now owns 7,805 shares in the company, valued at $716,577.05. This trade represents a 230.86 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $91.44, for a total transaction of $2,663,098.56. Following the transaction, the chief executive officer now directly owns 3,814,805 shares of the company’s stock, valued at $348,825,769.20. The trade was a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 137,177 shares of company stock worth $12,649,328. 45.58% of the stock is currently owned by corporate insiders.

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.