2 weeks Ago By Defense World Staff
B. Riley Wealth Advisors Inc. grew its holdings in Walmart Inc.
( NYSE:WMT – Free Report ) by 149.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 258,248 shares of the retailer’s stock after purchasing an additional 154,641 shares during the quarter.
B. Riley Wealth Advisors Inc.’s holdings in Walmart were worth $17,486,000 as of its most recent filing with the SEC.
Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in Walmart by 199.
4% in the 1st quarter. Vanguard Group Inc. now owns 411,745,334 shares of the retailer’s stock valued at $24,774,717,000 after acquiring an additional 274,229,968 shares in the last quarter.
Price T Rowe Associates Inc. MD raised its position in shares of Walmart by 181.0% during the first quarter.
Price T Rowe Associates Inc. MD now owns 56,861,234 shares of the retailer’s stock worth $3,421,342,000 after acquiring an additional 36,625,314 shares during the last quarter. Swiss National Bank boosted its holdings in Walmart by 187.
4% in the first quarter. Swiss National Bank now owns 13,303,200 shares of the retailer’s stock valued at $800,454,000 after acquiring an additional 8,674,100 shares during the last quarter. Canada Pension Plan Investment Board increased its position in Walmart by 284.
0% in the first quarter. Canada Pension Plan Investment Board now owns 11,122,273 shares of the retailer’s stock worth $669,227,000 after purchasing an additional 8,225,552 shares during the period. Finally, Sumitomo Mitsui Trust Holdings Inc.
lifted its position in Walmart by 184.1% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc.
now owns 12,567,533 shares of the retailer’s stock valued at $756,188,000 after purchasing an additional 8,144,393 shares during the period. Institutional investors own 26.76% of the company’s stock.
Walmart Price Performance NYSE:WMT opened at $79.78 on Monday. The company has a quick ratio of 0.
22, a current ratio of 0.80 and a debt-to-equity ratio of 0.46.
Walmart Inc. has a 12-month low of $49.85 and a 12-month high of $81.
60. The stock’s 50 day moving average price is $74.44 and its two-hundred day moving average price is $67.
57. The firm has a market capitalization of $641.29 billion, a price-to-earnings ratio of 34.
14, a P/E/G ratio of 4.00 and a beta of 0.51.
Insider Buying and Selling at Walmart In other news, major shareholder S Robson Walton sold 359,616 shares of the company’s stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $78.25, for a total value of $28,139,952.
00. Following the transaction, the insider now owns 603,989,702 shares of the company’s stock, valued at $47,262,194,181.50.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website . In related news, major shareholder S Robson Walton sold 359,616 shares of the company’s stock in a transaction dated Thursday, September 19th. The shares were sold at an average price of $78.
25, for a total value of $28,139,952.00. Following the transaction, the insider now directly owns 603,989,702 shares in the company, valued at $47,262,194,181.
50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink . Also, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction dated Thursday, July 25th.
The stock was sold at an average price of $70.61, for a total transaction of $2,056,445.64.
Following the transaction, the chief executive officer now directly owns 3,931,301 shares in the company, valued at $277,589,163.61. The disclosure for this sale can be found here .
Insiders have sold a total of 12,292,421 shares of company stock valued at $954,612,818 in the last three months. 45.58% of the stock is currently owned by company insiders.
Analyst Ratings Changes A number of research firms recently weighed in on WMT. Melius Research began coverage on shares of Walmart in a research note on Monday, September 23rd. They set a “buy” rating and a $95.
00 price target for the company. Royal Bank of Canada upped their price objective on Walmart from $74.00 to $80.
00 and gave the company an “outperform” rating in a report on Friday, August 16th. The Goldman Sachs Group upped their target price on shares of Walmart from $73.00 to $81.
00 and gave the company a “buy” rating in a research note on Friday, August 16th. TD Cowen lifted their price target on shares of Walmart from $80.00 to $85.
00 and gave the stock a “buy” rating in a research report on Friday, August 16th. Finally, Roth Mkm upped their price objective on shares of Walmart from $71.00 to $81.
00 and gave the company a “buy” rating in a research report on Friday, August 16th. One analyst has rated the stock with a hold rating, twenty-eight have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.
com, the stock currently has a consensus rating of “Buy” and a consensus price target of $80.96. Read Our Latest Report on Walmart About Walmart ( Free Report ) 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. See Also Five stocks we like better than Walmart 3 Grocery Stocks That Can Help Take a Bite Out of Inflation Top 5 ETFs to Own Now and Into 2025 Stock Sentiment Analysis: How it Works Watch These 3 Former Short-Squeeze Stocks for a Big Rally Uptrend Stocks Explained: Learn How to Trade Using Uptrends Simon Property REIT: A Safe Bet for Growth and Steady Dividends Want to see what other hedge funds are holding WMT? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Walmart Inc. ( NYSE:WMT – Free Report ). Receive News & Ratings for Walmart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walmart and related companies with MarketBeat.
com's FREE daily email newsletter ..
