Compton Wealth Advisory Group LLC Raises Stake in Walmart Inc. (NYSE:WMT)

Compton Wealth Advisory Group LLC boosted its holdings in Walmart Inc. (NYSE:WMT) by 3.1% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 32,749 shares of the retailer’s stock after buying an additional 970 shares during the period. Compton Wealth Advisory Group LLC’s holdings in Walmart were worth $2,959,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Peterson Financial Group Inc. purchased a new stake in Walmart in the 3rd quarter worth $26,000. Voisard Asset Management Group Inc. increased its holdings in shares of Walmart by 77.3% in the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock worth $32,000 after purchasing an additional 174 shares during the last quarter. Hoese & Co LLP purchased a new stake in shares of Walmart in the third quarter worth about $33,000. Livelsberger Financial Advisory bought a new position in Walmart during the third quarter valued at approximately $36,000. Finally, Hara Capital LLC bought a new stake in Walmart in the 3rd quarter worth approximately $37,000. 26.76% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Truist Financial raised their target price on shares of Walmart from $89.00 to $98.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Telsey Advisory Group boosted their target price on shares of Walmart from $92.00 to $100.00 and gave the stock an “outperform” rating in a report on Tuesday, November 19th. Morgan Stanley increased their price target on shares of Walmart from $89.00 to $100.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Citigroup boosted their price objective on Walmart from $75.00 to $98.00 and gave the stock a “buy” rating in a research note on Friday, September 27th. Finally, Bank of America raised their price objective on Walmart from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Two research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Walmart has a consensus rating of “Moderate Buy” and a consensus target price of $94.08.

Insider Transactions at Walmart

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $82.79, for a total value of $2,411,175.96. Following the transaction, the chief executive officer now directly owns 3,843,929 shares of the company’s stock, valued at $318,238,881.91. This represents a 0.75 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $82.96, for a total value of $1,088,850.00. Following the sale, the executive vice president now owns 593,040 shares in the company, valued at approximately $49,198,598.40. The trade was a 2.17 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 140,412 shares of company stock valued at $12,478,116 in the last quarter. 45.58% of the stock is currently owned by corporate insiders.

Walmart Stock Down 1.4 %

Shares of WMT traded down $1.30 during trading hours on Monday, hitting $91.70. The company had a trading volume of 4,730,843 shares, compared to its average volume of 12,483,730. Walmart Inc. has a one year low of $53.44 and a one year high of $96.18. The company’s fifty day moving average price is $90.38 and its two-hundred day moving average price is $80.63. The company has a market capitalization of $736.66 billion, a PE ratio of 37.63, a price-to-earnings-growth ratio of 4.47 and a beta of 0.55. 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 (NYSE:WMT) last released its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, beating the consensus estimate of $0.53 by $0.05. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The business had revenue of $169.59 billion during the quarter, compared to analyst estimates of $167.69 billion. During the same period in the prior year, the firm posted $0.51 earnings per share. The company’s quarterly revenue was up 5.5% on a year-over-year basis. As a group, equities analysts forecast that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

About Walmart

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.