Frank Rimerman Advisors LLC Acquires 5,453 Shares of Walmart Inc. $WMT

Frank Rimerman Advisors LLC lifted its holdings in Walmart Inc. (NASDAQ:WMT) by 6.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 85,415 shares of the retailer’s stock after purchasing an additional 5,453 shares during the period. Walmart accounts for about 0.6% of Frank Rimerman Advisors LLC’s investment portfolio, making the stock its 22nd biggest holding. Frank Rimerman Advisors LLC’s holdings in Walmart were worth $9,516,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. AQR Capital Management LLC lifted its position in shares of Walmart by 188.1% in the third quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer’s stock worth $1,199,907,000 after buying an additional 7,614,172 shares during the last quarter. Amundi increased its holdings in shares of Walmart by 20.5% during the 3rd quarter. Amundi now owns 23,497,921 shares of the retailer’s stock valued at $2,413,236,000 after acquiring an additional 4,004,277 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Walmart by 0.9% during the 3rd quarter. Vanguard Group Inc. now owns 435,652,710 shares of the retailer’s stock valued at $44,898,368,000 after acquiring an additional 3,835,200 shares during the last quarter. Danske Bank A S bought a new position in shares of Walmart in the 3rd quarter valued at approximately $294,621,000. Finally, Holocene Advisors LP bought a new position in shares of Walmart in the 2nd quarter valued at approximately $273,784,000. 26.76% of the stock is currently owned by institutional investors.

Walmart Stock Performance

Shares of NASDAQ WMT opened at $124.74 on Thursday. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $134.69. The company has a market cap of $994.48 billion, a P/E ratio of 45.53, a P/E/G ratio of 4.63 and a beta of 0.66. The business’s 50 day moving average is $124.65 and its two-hundred day moving average is $114.05. The company has a quick ratio of 0.24, a current ratio of 0.79 and a debt-to-equity ratio of 0.38.

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 the consensus estimate of $0.73 by $0.01. The company had revenue of $190.66 billion during the quarter, compared to analysts’ expectations of $188.37 billion. Walmart had a return on equity of 21.44% and a net margin of 3.07%.Walmart’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the prior year, the business earned $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. On average, equities analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Dividend Announcement

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

Insider Buying and Selling

In other news, CEO John R. Furner sold 13,125 shares of the business’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $121.96, for a total transaction of $1,600,725.00. Following the transaction, the chief executive officer owned 687,287 shares in the company, valued at approximately $83,821,522.52. The trade was a 1.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Latriece Watkins sold 10,000 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $121.46, for a total transaction of $1,214,600.00. Following the transaction, the executive vice president directly owned 108,294 shares of the company’s stock, valued at $13,153,389.24. This represents a 8.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 274,278 shares of company stock worth $33,825,793. 0.10% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

WMT has been the subject of a number of recent analyst reports. Piper Sandler reaffirmed an “overweight” rating on shares of Walmart in a research report on Tuesday, February 24th. Evercore reissued an “outperform” rating and issued a $130.00 price target (up from $125.00) on shares of Walmart in a research report on Tuesday, February 3rd. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a research note on Wednesday, January 21st. Truist Financial raised their target price on shares of Walmart from $127.00 to $139.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Finally, HSBC downgraded shares of Walmart from a “buy” rating to a “hold” rating and lifted their target price for the stock from $122.00 to $131.00 in a report on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $135.76.

About Walmart

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.