White Lighthouse Investment Management Inc. Has $1.56 Million Position in Walmart Inc. $WMT

White Lighthouse Investment Management Inc. trimmed its position in Walmart Inc. (NASDAQ:WMT) by 26.4% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 15,111 shares of the retailer’s stock after selling 5,410 shares during the period. White Lighthouse Investment Management Inc.’s holdings in Walmart were worth $1,557,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in shares of Walmart by 0.9% during the third quarter. Vanguard Group Inc. now owns 435,652,710 shares of the retailer’s stock worth $44,898,368,000 after purchasing an additional 3,835,200 shares during the period. Geode Capital Management LLC grew its position in Walmart by 0.3% during the second quarter. Geode Capital Management LLC now owns 94,557,532 shares of the retailer’s stock worth $9,199,712,000 after buying an additional 263,718 shares in the last quarter. Norges Bank bought a new position in Walmart during the 2nd quarter worth $5,367,770,000. Fisher Asset Management LLC raised its holdings in Walmart by 1.6% in the 3rd quarter. Fisher Asset Management LLC now owns 40,298,623 shares of the retailer’s stock valued at $4,153,176,000 after acquiring an additional 634,211 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of Walmart by 3.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 31,973,329 shares of the retailer’s stock valued at $3,126,775,000 after acquiring an additional 1,098,342 shares during the period. Institutional investors own 26.76% of the company’s stock.

Insider Activity

In related news, EVP Donna Morris sold 76,181 shares of the business’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $123.79, for a total value of $9,430,445.99. Following the transaction, the executive vice president owned 402,072 shares in the company, valued at $49,772,492.88. The trade was a 15.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Christopher James Nicholas sold 34,082 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $122.00, for a total transaction of $4,158,004.00. Following the sale, the executive vice president directly owned 533,466 shares in the company, valued at $65,082,852. This trade represents a 6.01% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 279,703 shares of company stock worth $34,140,843. 0.10% of the stock is owned by insiders.

Walmart Price Performance

WMT stock opened at $123.49 on Thursday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.24 and a current ratio of 0.79. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $134.69. The company has a market capitalization of $984.24 billion, a P/E ratio of 45.07, a PEG ratio of 4.66 and a beta of 0.66. The company has a fifty day moving average price of $122.61 and a 200-day moving average price of $111.53.

Walmart (NASDAQ:WMT) last posted its quarterly earnings data 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. The business had revenue of $190.66 billion during the quarter, compared to the consensus estimate of $188.37 billion. Walmart had a return on equity of 21.44% and a net margin of 3.07%.Walmart’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.66 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. As a group, equities analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, January 4th. Investors of record on Friday, December 11th will be issued a $0.2475 dividend. The ex-dividend date is Friday, December 11th. This represents a $0.99 annualized dividend and a yield of 0.8%. Walmart’s dividend payout ratio is presently 36.13%.

Analysts Set New Price Targets

A number of brokerages recently commented on WMT. Wells Fargo & Company restated an “overweight” rating and issued a $140.00 price target (up from $130.00) on shares of Walmart in a research report on Tuesday, February 10th. HSBC downgraded shares of Walmart from a “buy” rating to a “hold” rating and upped their price target for the stock from $122.00 to $131.00 in a report on Friday, February 20th. UBS Group reissued a “buy” rating and issued a $147.00 price objective (up from $135.00) on shares of Walmart in a research note on Friday, February 20th. Telsey Advisory Group upped their target price on Walmart from $135.00 to $140.00 and gave the stock an “outperform” rating in a research note on Friday, February 20th. Finally, Truist Financial lifted their price target on Walmart from $127.00 to $139.00 and gave the company a “buy” rating in a research note on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $135.76.

Walmart Company 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.