Walmart Inc. (NYSE:WMT) is Roman Butler Fullerton & Co.’s 10th Largest Position

Roman Butler Fullerton & Co. trimmed its holdings in shares of Walmart Inc. (NYSE:WMT) by 9.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 59,695 shares of the retailer’s stock after selling 6,198 shares during the period. Walmart accounts for about 1.6% of Roman Butler Fullerton & Co.’s holdings, making the stock its 10th biggest holding. Roman Butler Fullerton & Co.’s holdings in Walmart were worth $5,814,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Fiduciary Advisors Inc. purchased a new position in Walmart in the 4th quarter valued at about $27,000. Peterson Financial Group Inc. purchased a new position in Walmart in the 3rd quarter valued at about $26,000. Decker Retirement Planning Inc. purchased a new position in Walmart in the 4th quarter valued at about $32,000. Voisard Asset Management Group Inc. boosted its position in Walmart by 77.3% in the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock valued at $32,000 after buying an additional 174 shares during the last quarter. Finally, Livelsberger Financial Advisory purchased a new position in Walmart in the 3rd quarter valued at about $36,000. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Price Performance

Shares of NYSE:WMT opened at $104.04 on Friday. The firm’s 50 day moving average is $94.83 and its two-hundred day moving average is $85.09. Walmart Inc. has a 52 week low of $55.99 and a 52 week high of $105.30. The firm has a market capitalization of $835.78 billion, a P/E ratio of 42.70, a PEG ratio of 4.25 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 announced 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 company had revenue of $169.59 billion for the quarter, compared to analyst estimates of $167.69 billion. During the same quarter last year, the business earned $0.51 earnings per share. Walmart’s revenue was up 5.5% compared to the same quarter last year. Analysts anticipate that Walmart Inc. will post 2.48 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on WMT shares. KeyCorp upped their price objective on shares of Walmart from $96.00 to $100.00 and gave the company an “overweight” rating in a research report on Wednesday, December 11th. Truist Financial upped their target price on shares of Walmart from $98.00 to $111.00 and gave the company a “buy” rating in a research note on Tuesday. Evercore ISI upped their target price on shares of Walmart from $94.00 to $96.00 and gave the company an “outperform” rating in a research note on Tuesday, December 3rd. Morgan Stanley restated an “overweight” rating and issued a $115.00 target price (up previously from $106.00) on shares of Walmart in a research note on Thursday. Finally, Bank of America upped their target price on shares of 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 given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $99.17.

Insider Activity

In other news, SVP David Chojnowski sold 5,600 shares of the stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $91.45, for a total value of $512,120.00. Following the completion of the transaction, the senior vice president now directly owns 87,404 shares in the company, valued at $7,993,095.80. This trade represents a 6.02 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $91.44, for a total transaction of $2,663,098.56. Following the completion of the transaction, the chief executive officer now owns 3,814,805 shares of the company’s stock, valued at $348,825,769.20. This trade represents a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 175,177 shares of company stock worth $16,403,728 over the last three months. Corporate insiders own 45.58% of the company’s stock.

Walmart Company 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.