Walmart Inc. (NYSE:WMT) Shares Acquired by Poehling Capital Management INC.

Poehling Capital Management INC. boosted its stake in Walmart Inc. (NYSE:WMT) by 5.6% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,683 shares of the retailer’s stock after buying an additional 300 shares during the quarter. Poehling Capital Management INC.’s holdings in Walmart were worth $385,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. EntryPoint Capital LLC acquired a new stake in shares of Walmart during the first quarter valued at $25,000. Northwest Capital Management Inc boosted its stake in shares of Walmart by 199.3% during the 1st quarter. Northwest Capital Management Inc now owns 440 shares of the retailer’s stock worth $26,000 after purchasing an additional 293 shares during the last quarter. TruNorth Capital Management LLC grew its holdings in shares of Walmart by 138.3% during the second quarter. TruNorth Capital Management LLC now owns 429 shares of the retailer’s stock worth $29,000 after buying an additional 249 shares in the last quarter. Cultivar Capital Inc. acquired a new position in shares of Walmart in the second quarter valued at approximately $29,000. Finally, Able Wealth Management LLC purchased a new position in shares of Walmart during the fourth quarter valued at approximately $30,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Up 1.2 %

Shares of Walmart stock opened at $80.60 on Friday. 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 1-year low of $49.85 and a 1-year high of $80.68. The business has a 50-day moving average of $72.51 and a 200-day moving average of $66.14. The company has a market capitalization of $647.88 billion, a PE ratio of 34.49, a P/E/G ratio of 3.99 and a beta of 0.51.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, August 15th. The retailer reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.02. The company 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% compared to the same quarter last year. During the same period last year, the business earned $0.61 EPS. As a group, equities analysts forecast that Walmart Inc. will post 2.44 EPS for the current fiscal year.

Insider Activity at Walmart

In other news, EVP Daniel J. Bartlett sold 2,398 shares of Walmart stock in a transaction that occurred on Monday, July 15th. The stock was sold at an average price of $69.50, for a total value of $166,661.00. Following the completion of the transaction, the executive vice president now owns 463,871 shares in the company, valued at approximately $32,239,034.50. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, EVP Daniel J. Bartlett sold 2,398 shares of the firm’s stock in a transaction on Monday, July 15th. The stock was sold at an average price of $69.50, for a total transaction of $166,661.00. Following the transaction, the executive vice president now directly owns 463,871 shares in the company, valued at $32,239,034.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction on Thursday, June 27th. The shares were sold at an average price of $68.39, for a total transaction of $1,991,790.36. Following the sale, the chief executive officer now owns 3,960,402 shares of the company’s stock, valued at approximately $270,851,892.78. The disclosure for this sale can be found here. Insiders sold a total of 10,203,360 shares of company stock valued at $788,678,803 over the last three months. 45.58% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts have commented on the stock. Oppenheimer lifted their target price on shares of Walmart from $69.00 to $75.00 and gave the stock an “outperform” rating in a research note on Thursday, June 6th. Evercore ISI upped their target price on Walmart from $78.00 to $80.00 and gave the company an “outperform” rating in a research note on Thursday, August 22nd. BMO Capital Markets reissued an “outperform” rating and issued a $80.00 price target on shares of Walmart in a research note on Friday, August 16th. JPMorgan Chase & Co. upped their price objective on shares of Walmart from $81.00 to $83.00 and gave the company an “overweight” rating in a research note on Friday, August 16th. Finally, Roth Mkm raised their target price on shares of Walmart from $71.00 to $81.00 and gave the stock a “buy” rating in a research report on Friday, August 16th. Two investment analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $78.99.

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.