Toth Financial Advisory Corp Has $12.48 Million Position in Walmart Inc. (NYSE:WMT)

Toth Financial Advisory Corp cut its stake in Walmart Inc. (NYSE:WMT) by 1.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,108 shares of the retailer’s stock after selling 1,877 shares during the period. Walmart makes up about 1.5% of Toth Financial Advisory Corp’s portfolio, making the stock its 16th biggest holding. Toth Financial Advisory Corp’s holdings in Walmart were worth $12,478,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently modified their holdings of WMT. Geode Capital Management LLC raised its stake in Walmart by 3.3% in the third quarter. Geode Capital Management LLC now owns 87,617,409 shares of the retailer’s stock valued at $7,048,465,000 after purchasing an additional 2,786,061 shares in the last quarter. FMR LLC raised its stake in Walmart by 12.9% in the third quarter. FMR LLC now owns 63,135,639 shares of the retailer’s stock valued at $5,098,203,000 after purchasing an additional 7,200,004 shares in the last quarter. Fisher Asset Management LLC raised its stake in Walmart by 4.6% in the third quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer’s stock valued at $3,848,533,000 after purchasing an additional 2,107,197 shares in the last quarter. Franklin Resources Inc. raised its stake in Walmart by 3.7% in the third quarter. Franklin Resources Inc. now owns 41,501,782 shares of the retailer’s stock valued at $3,392,658,000 after purchasing an additional 1,480,927 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Walmart by 1.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 31,236,769 shares of the retailer’s stock valued at $2,522,369,000 after acquiring an additional 350,881 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $91.44, for a total transaction of $2,663,098.56. Following the completion of the sale, the chief executive officer now owns 3,814,805 shares in the company, valued at $348,825,769.20. The trade was a 0.76 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,830 shares of the business’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total value of $166,658.10. Following the sale, the executive vice president now owns 460,705 shares of the company’s stock, valued at approximately $41,956,404.35. This represents a 0.40 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 140,177 shares of company stock worth $12,895,688. Company insiders own 45.58% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on WMT. BMO Capital Markets lifted their price objective on shares of Walmart from $80.00 to $100.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Tigress Financial raised their price objective on Walmart from $86.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, December 13th. Piper Sandler raised their price objective on Walmart from $83.00 to $93.00 and gave the company an “overweight” rating in a research note on Monday, November 18th. DZ Bank lowered Walmart from a “buy” rating to a “hold” rating and set a $91.00 price objective on the stock. in a research note on Thursday, November 21st. Finally, Telsey Advisory Group raised their price objective on Walmart from $92.00 to $100.00 and gave the company an “outperform” rating in a research note on Tuesday, November 19th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $94.69.

Walmart Stock Performance

Shares of Walmart stock opened at $94.84 on Monday. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The business has a 50-day moving average price of $92.02 and a two-hundred day moving average price of $82.21. Walmart Inc. has a 1-year low of $53.47 and a 1-year high of $96.18. The company has a market cap of $761.90 billion, a P/E ratio of 38.92, a PEG ratio of 4.42 and a beta of 0.55.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. The firm had revenue of $169.59 billion for the quarter, compared to analysts’ expectations of $167.69 billion. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.51 EPS. As a group, analysts anticipate that Walmart Inc. will post 2.48 EPS for the current year.

Walmart 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.