Brady Martz Wealth Solutions LLC Acquires Shares of 2,243 Walmart Inc. (NYSE:WMT)

Brady Martz Wealth Solutions LLC bought a new stake in Walmart Inc. (NYSE:WMT) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 2,243 shares of the retailer’s stock, valued at approximately $204,000.

A number of other large investors have also recently modified their holdings of the business. Bernardo Wealth Planning LLC lifted its position in shares of Walmart by 2.3% during the 4th quarter. Bernardo Wealth Planning LLC now owns 6,919 shares of the retailer’s stock worth $644,000 after buying an additional 155 shares during the last quarter. Renaissance Investment Group LLC lifted its holdings in shares of Walmart by 24.8% in the fourth quarter. Renaissance Investment Group LLC now owns 5,873 shares of the retailer’s stock worth $531,000 after acquiring an additional 1,166 shares during the last quarter. Artemis Investment Management LLP boosted its stake in shares of Walmart by 37.9% in the 4th quarter. Artemis Investment Management LLP now owns 856,625 shares of the retailer’s stock valued at $77,396,000 after purchasing an additional 235,289 shares in the last quarter. Lbmc Investment Advisors LLC grew its holdings in shares of Walmart by 8.8% during the 4th quarter. Lbmc Investment Advisors LLC now owns 9,233 shares of the retailer’s stock valued at $834,000 after purchasing an additional 750 shares during the last quarter. Finally, Liberty One Investment Management LLC increased its position in Walmart by 1.4% during the 4th quarter. Liberty One Investment Management LLC now owns 63,978 shares of the retailer’s stock worth $5,780,000 after purchasing an additional 902 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. UBS Group raised their target price on shares of Walmart from $92.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Telsey Advisory Group boosted their price objective on Walmart from $92.00 to $100.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 19th. Royal Bank of Canada reiterated an “outperform” rating and issued a $105.00 target price on shares of Walmart in a research report on Wednesday, January 15th. Oppenheimer boosted their price target on Walmart from $81.00 to $90.00 and gave the stock an “outperform” rating in a report on Monday, October 14th. Finally, Piper Sandler raised their price objective on shares of Walmart from $83.00 to $93.00 and gave the company an “overweight” rating in a report on Monday, November 18th. Two research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $94.49.

Walmart Trading Up 0.8 %

Shares of Walmart stock opened at $92.02 on Monday. The stock has a market capitalization of $739.19 billion, a PE ratio of 37.76, a price-to-earnings-growth ratio of 4.41 and a beta of 0.55. Walmart Inc. has a 52 week low of $53.44 and a 52 week high of $96.18. The stock has a 50 day moving average price of $91.15 and a two-hundred day moving average price of $81.37. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85.

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, beating the consensus estimate of $0.53 by $0.05. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The business had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. During the same quarter last year, the firm posted $0.51 EPS. Walmart’s revenue was up 5.5% compared to the same quarter last year. As a group, equities analysts anticipate that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

Insider Transactions at Walmart

In related news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $82.79, for a total transaction of $2,411,175.96. Following the transaction, the chief executive officer now owns 3,843,929 shares of the company’s stock, valued at $318,238,881.91. The trade was a 0.75 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Daniel J. Bartlett sold 1,830 shares of the stock in a transaction 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 completion of the sale, the executive vice president now directly owns 460,705 shares of the company’s stock, valued at $41,956,404.35. The trade was a 0.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 140,177 shares of company stock valued at $12,478,149 over the last three months. Corporate insiders own 45.58% of the company’s stock.

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.