Fifth Third Wealth Advisors LLC Has $19.93 Million Holdings in Walmart Inc. $WMT

Fifth Third Wealth Advisors LLC boosted its holdings in Walmart Inc. (NASDAQ:WMT) by 2.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 178,915 shares of the retailer’s stock after acquiring an additional 4,973 shares during the quarter. Walmart accounts for approximately 0.7% of Fifth Third Wealth Advisors LLC’s investment portfolio, making the stock its 26th biggest holding. Fifth Third Wealth Advisors LLC’s holdings in Walmart were worth $19,933,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its position in shares of Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after buying an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC raised its position in Walmart by 5.8% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after buying an additional 485 shares during the last quarter. Peterson Wealth Management lifted its stake in Walmart by 3.5% during the 1st quarter. Peterson Wealth Management now owns 50,307 shares of the retailer’s stock valued at $4,416,000 after acquiring an additional 1,715 shares in the last quarter. Sivia Capital Partners LLC boosted its holdings in Walmart by 0.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer’s stock worth $1,272,000 after acquiring an additional 116 shares during the last quarter. Finally, Schnieders Capital Management LLC. boosted its holdings in Walmart by 1.2% during the 2nd quarter. Schnieders Capital Management LLC. now owns 91,341 shares of the retailer’s stock worth $8,931,000 after acquiring an additional 1,048 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on WMT shares. Morgan Stanley reiterated an “overweight” rating and issued a $135.00 target price (up from $125.00) on shares of Walmart in a report on Thursday, January 15th. Jefferies Financial Group set a $145.00 price target on shares of Walmart in a report on Friday, February 20th. Tigress Financial set a $150.00 price objective on shares of Walmart and gave the stock a “buy” rating in a research report on Wednesday, February 25th. CICC Research initiated coverage on shares of Walmart in a research report on Friday, December 26th. They set an “outperform” rating and a $125.00 target price on the stock. Finally, Piper Sandler restated an “overweight” rating on shares of Walmart in a research note on Tuesday, February 24th. One research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $135.76.

Insiders Place Their Bets

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction on Thursday, January 22nd. The stock was sold at an average price of $119.17, for a total transaction of $2,313,804.72. Following the transaction, the chief executive officer owned 4,274,856 shares of the company’s stock, valued at $509,434,589.52. This represents a 0.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Donna Morris sold 76,181 shares of the stock in a transaction on Tuesday, February 3rd. The stock was 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 of the company’s stock, valued at $49,772,492.88. The trade was a 15.93% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 274,278 shares of company stock valued at $33,825,793 in the last quarter. 0.10% of the stock is currently owned by company insiders.

Walmart Price Performance

WMT opened at $124.74 on Thursday. The firm has a market cap of $994.48 billion, a P/E ratio of 45.53, a PEG ratio of 4.63 and a beta of 0.66. The firm has a 50-day moving average of $124.65 and a 200 day moving average of $114.05. 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 fifty-two week low of $79.81 and a fifty-two week high of $134.69.

Walmart (NASDAQ:WMT) last announced its quarterly earnings data on Thursday, February 19th. The retailer reported $0.74 EPS for the quarter, topping the consensus estimate of $0.73 by $0.01. The business had revenue of $190.66 billion for the quarter, compared to analyst estimates of $188.37 billion. Walmart had a net margin of 3.07% and a return on equity of 21.44%. The company’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the firm 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. On average, research analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Announces Dividend

The business also recently declared 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. This represents a $0.99 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, December 11th. Walmart’s payout ratio is 36.13%.

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.