Ferguson Wellman Capital Management Inc. Acquires 7,189 Shares of Walmart Inc. $WMT

by · The Markets Daily

Ferguson Wellman Capital Management Inc. raised its stake in Walmart Inc. (NASDAQ:WMT – Free Report) by 1.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 716,949 shares of the retailer’s stock after purchasing an additional 7,189 shares during the period. Walmart makes up approximately 0.9% of Ferguson Wellman Capital Management Inc.’s holdings, making the stock its 27th biggest position. Ferguson Wellman Capital Management Inc.’s holdings in Walmart were worth $74,505,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. MFA Wealth Services increased its position in shares of Walmart by 0.7% during the first quarter. MFA Wealth Services now owns 10,909 shares of the retailer’s stock valued at $1,356,000 after purchasing an additional 80 shares during the period. Realta Investment Advisors boosted its stake in Walmart by 2.0% during the first quarter. Realta Investment Advisors now owns 4,089 shares of the retailer’s stock worth $508,000 after buying an additional 81 shares in the last quarter. Compton Financial Group LLC increased its holdings in Walmart by 4.1% in the 1st quarter. Compton Financial Group LLC now owns 2,081 shares of the retailer’s stock valued at $259,000 after buying an additional 82 shares during the period. Advocacy Wealth Management LLC increased its holdings in Walmart by 2.5% in the 4th quarter. Advocacy Wealth Management LLC now owns 3,392 shares of the retailer’s stock valued at $378,000 after buying an additional 84 shares during the period. Finally, Strait & Sound Wealth Management LLC raised its stake in shares of Walmart by 0.3% in the 1st quarter. Strait & Sound Wealth Management LLC now owns 25,443 shares of the retailer’s stock valued at $3,162,000 after buying an additional 84 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Trading Up 0.4%

Shares of NASDAQ:WMT traded up $0.47 during midday trading on Monday, hitting $104.73. The company had a trading volume of 7,072,501 shares, compared to its average volume of 25,266,043. The stock has a market cap of $830.89 billion, a price-to-earnings ratio of 37.81, a PEG ratio of 3.98 and a beta of 0.58. Walmart Inc. has a 12 month low of $98.88 and a 12 month high of $135.15. The firm has a fifty day simple moving average of $108.81 and a 200 day simple moving average of $116.89. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.41.

Walmart (NASDAQ:WMT – Get Free Report) last posted its earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.07. The business had revenue of $187.94 billion during the quarter, compared to analysts’ expectations of $186.64 billion. Walmart had a return on equity of 21.83% and a net margin of 3.00%.Walmart’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.68 EPS. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. On average, analysts predict that Walmart Inc. will post 2.87 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on WMT shares. Wolfe Research reissued an “outperform” rating and issued a $115.00 price target on shares of Walmart in a research report on Friday, August 21st. Weiss Ratings lowered Walmart from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, July 31st. DA Davidson reissued a “buy” rating and issued a $132.00 target price on shares of Walmart in a report on Thursday, September 10th. Cantor Fitzgerald upgraded Walmart to a “buy” rating in a research report on Friday, August 21st. Finally, Roth Capital reaffirmed a “buy” rating on shares of Walmart in a research note on Friday, August 21st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $131.74.

Get Our Latest Research Report on WMT

Insider Buying and Selling

In related news, EVP Daniel J. Bartlett sold 3,990 shares of the business’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $104.41, for a total transaction of $416,595.90. Following the transaction, the executive vice president directly owned 618,359 shares in the company, valued at approximately $64,562,863.19. The trade was a 0.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $106.66, for a total transaction of $1,399,912.50. Following the completion of the sale, the chief executive officer owned 647,912 shares of the company’s stock, valued at approximately $69,106,293.92. This represents a 1.99% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 81,219 shares of company stock valued at $8,604,429 in the last ninety days. 0.09% of the stock is owned by company insiders.

Walmart Profile

(Free Report)

Walmart Inc (NASDAQ: WMT) is a multinational retailer that operates supercenters, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its merchandise includes groceries, apparel, electronics, home goods, health and wellness products, household essentials and general merchandise. Walmart also provides services such as grocery pickup and delivery, pharmacy services, financial products and digital advertising.

The company serves customers through its Walmart U.S., Walmart International and Sam’s Club segments.

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