Stillwater Capital Advisors LLC Has $20.32 Million Position in Walmart Inc. (NYSE:WMT)

Stillwater Capital Advisors LLC reduced its position in shares of Walmart Inc. (NYSE:WMT) by 1.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 251,659 shares of the retailer’s stock after selling 2,948 shares during the quarter. Walmart accounts for 2.6% of Stillwater Capital Advisors LLC’s investment portfolio, making the stock its 13th biggest holding. Stillwater Capital Advisors LLC’s holdings in Walmart were worth $20,321,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Hoese & Co LLP acquired a new stake in Walmart during the 3rd quarter valued at $33,000. EntryPoint Capital LLC acquired a new stake in Walmart during the 1st quarter valued at $25,000. TruNorth Capital Management LLC raised its stake in Walmart by 138.3% during the 2nd quarter. TruNorth Capital Management LLC now owns 429 shares of the retailer’s stock valued at $29,000 after purchasing an additional 249 shares during the period. Cultivar Capital Inc. acquired a new stake in Walmart during the 2nd quarter valued at $29,000. Finally, Northwest Capital Management Inc grew its holdings in shares of Walmart by 199.3% during the 1st quarter. Northwest Capital Management Inc now owns 440 shares of the retailer’s stock valued at $26,000 after acquiring an additional 293 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction dated Thursday, July 25th. The shares were sold at an average price of $70.61, for a total transaction of $2,056,445.64. Following the completion of the transaction, the chief executive officer now owns 3,931,301 shares of the company’s stock, valued at approximately $277,589,163.61. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction dated Thursday, July 25th. The shares were sold at an average price of $70.61, for a total transaction of $2,056,445.64. Following the completion of the transaction, the chief executive officer now owns 3,931,301 shares of the company’s stock, valued at approximately $277,589,163.61. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John D. Rainey sold 3,000 shares of the company’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $80.97, for a total transaction of $242,910.00. Following the transaction, the executive vice president now directly owns 381,165 shares of the company’s stock, valued at $30,862,930.05. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 12,335,272 shares of company stock valued at $958,101,276. Insiders own 45.58% of the company’s stock.

Walmart Stock Up 1.8 %

WMT stock opened at $81.71 on Wednesday. The company has a 50-day moving average of $77.08 and a two-hundred day moving average of $69.23. The stock has a market capitalization of $656.81 billion, a price-to-earnings ratio of 42.48, a price-to-earnings-growth ratio of 4.02 and a beta of 0.51. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.80 and a quick ratio of 0.22. Walmart Inc. has a 52-week low of $49.85 and a 52-week high of $81.82.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, August 15th. The retailer reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.02. The business had revenue of $169.30 billion during the quarter, compared to analyst estimates of $168.56 billion. Walmart had a net margin of 2.34% and a return on equity of 21.72%. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.61 earnings per share. As a group, equities research analysts anticipate that Walmart Inc. will post 2.44 EPS for the current year.

Wall Street Analysts Forecast Growth

WMT has been the topic of several research analyst reports. Telsey Advisory Group boosted their price target on shares of Walmart from $82.00 to $92.00 and gave the company an “outperform” rating in a report on Tuesday, October 8th. Robert W. Baird boosted their price target on shares of Walmart from $82.00 to $90.00 and gave the company an “outperform” rating in a report on Monday, September 30th. Guggenheim boosted their price target on shares of Walmart from $75.00 to $81.00 and gave the company a “buy” rating in a report on Friday, August 16th. Melius Research initiated coverage on shares of Walmart in a report on Monday, September 23rd. They set a “buy” rating and a $95.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Walmart from $77.00 to $83.00 and gave the company a “buy” rating in a report on Friday, August 16th. One research analyst has rated the stock with a hold rating, twenty-eight have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $82.96.

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.