Railway Pension Investments Ltd Has $133.77 Million Stake in Walmart Inc. (NYSE:WMT)

Railway Pension Investments Ltd grew its position in Walmart Inc. (NYSE:WMT) by 187.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 2,223,239 shares of the retailer’s stock after purchasing an additional 1,449,626 shares during the period. Walmart accounts for about 1.3% of Railway Pension Investments Ltd’s portfolio, making the stock its 19th largest holding. Railway Pension Investments Ltd’s holdings in Walmart were worth $133,772,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. AHL Investment Management Inc. grew its position in Walmart by 192.1% during the first quarter. AHL Investment Management Inc. now owns 24,000 shares of the retailer’s stock worth $1,444,000 after buying an additional 15,785 shares in the last quarter. Valley Brook Capital Group Inc. lifted its stake in Walmart by 4.2% during the fourth quarter. Valley Brook Capital Group Inc. now owns 7,816 shares of the retailer’s stock worth $1,232,000 after purchasing an additional 315 shares during the last quarter. Core Wealth Advisors Inc. lifted its stake in Walmart by 38.9% during the fourth quarter. Core Wealth Advisors Inc. now owns 1,501 shares of the retailer’s stock worth $237,000 after purchasing an additional 420 shares during the last quarter. Liberty Wealth Management LLC bought a new stake in Walmart during the first quarter worth $270,000. Finally, Commerce Bank lifted its stake in Walmart by 189.4% during the first quarter. Commerce Bank now owns 917,625 shares of the retailer’s stock worth $55,213,000 after purchasing an additional 600,521 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Buying and Selling at Walmart

In other Walmart news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $70.60, for a total transaction of $926,625.00. Following the completion of the transaction, the executive vice president now owns 632,415 shares in the company, valued at approximately $44,648,499. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Walmart news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $70.60, for a total transaction of $926,625.00. Following the completion of the transaction, the executive vice president now owns 632,415 shares in the company, valued at approximately $44,648,499. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction dated Thursday, July 25th. The shares were sold at an average price of $70.61, for a total value of $2,056,445.64. Following the transaction, the chief executive officer now owns 3,931,301 shares of the company’s stock, valued at approximately $277,589,163.61. The disclosure for this sale can be found here. In the last quarter, insiders sold 14,537,863 shares of company stock worth $954,247,577. Insiders own 45.58% of the company’s stock.

Walmart Stock Down 1.9 %

Shares of WMT traded down $1.33 during trading hours on Friday, hitting $68.46. The stock had a trading volume of 23,578,664 shares, compared to its average volume of 14,048,109. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.80 and a quick ratio of 0.23. The firm has a 50 day simple moving average of $68.23 and a 200-day simple moving average of $62.29. The firm has a market capitalization of $550.66 billion, a P/E ratio of 29.30, a price-to-earnings-growth ratio of 4.02 and a beta of 0.50. Walmart Inc. has a 1-year low of $49.85 and a 1-year high of $71.33.

Walmart (NYSE:WMT) last issued its earnings results on Thursday, May 16th. The retailer reported $0.60 EPS for the quarter, beating the consensus estimate of $0.52 by $0.08. The company had revenue of $161.50 billion during the quarter, compared to the consensus estimate of $159.57 billion. Walmart had a return on equity of 21.57% and a net margin of 2.88%. The firm’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period last year, the business posted $0.49 EPS. Sell-side analysts predict that Walmart Inc. will post 2.43 EPS for the current fiscal year.

Analysts Set New Price Targets

WMT has been the subject of several recent analyst reports. Stifel Nicolaus upped their target price on Walmart from $69.00 to $71.00 and gave the stock a “hold” rating in a research note on Tuesday, July 2nd. Tigress Financial upped their target price on Walmart from $75.00 to $86.00 and gave the stock a “buy” rating in a research note on Tuesday, July 23rd. BMO Capital Markets upped their target price on Walmart from $75.00 to $80.00 and gave the stock an “outperform” rating in a research note on Thursday, July 25th. Truist Financial increased their price target on Walmart from $60.00 to $64.00 and gave the company a “hold” rating in a research note on Friday, May 17th. Finally, Barclays increased their price target on Walmart from $60.00 to $66.00 and gave the company an “overweight” rating in a research note on Monday, May 20th. Three research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $71.60.

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.