Tilia Fiduciary Partners Inc. Grows Stock Position in Walmart Inc. (NYSE:WMT)

Tilia Fiduciary Partners Inc. increased its holdings in shares of Walmart Inc. (NYSE:WMT) by 1.4% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 39,284 shares of the retailer’s stock after purchasing an additional 524 shares during the quarter. Walmart accounts for 2.2% of Tilia Fiduciary Partners Inc.’s holdings, making the stock its 7th biggest position. Tilia Fiduciary Partners Inc.’s holdings in Walmart were worth $3,172,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of WMT. Syverson Strege & Co grew its holdings in shares of Walmart by 2.6% during the fourth quarter. Syverson Strege & Co now owns 3,377 shares of the retailer’s stock worth $532,000 after buying an additional 85 shares in the last quarter. Pin Oak Investment Advisors Inc. grew its stake in shares of Walmart by 1.6% during the 4th quarter. Pin Oak Investment Advisors Inc. now owns 6,166 shares of the retailer’s stock worth $975,000 after acquiring an additional 100 shares in the last quarter. Pinnacle Holdings LLC grew its stake in shares of Walmart by 0.9% during the 4th quarter. Pinnacle Holdings LLC now owns 11,560 shares of the retailer’s stock worth $1,822,000 after acquiring an additional 108 shares in the last quarter. Trust Co of the South raised its holdings in shares of Walmart by 0.5% in the third quarter. Trust Co of the South now owns 25,647 shares of the retailer’s stock valued at $2,071,000 after purchasing an additional 138 shares during the last quarter. Finally, Power Corp of Canada lifted its position in shares of Walmart by 0.5% in the fourth quarter. Power Corp of Canada now owns 30,005 shares of the retailer’s stock worth $4,730,000 after purchasing an additional 139 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Trading Up 0.6 %

Shares of WMT stock traded up $0.45 during mid-day trading on Wednesday, reaching $80.16. 2,388,131 shares of the stock traded hands, compared to its average volume of 17,303,395. The company has a market cap of $644.35 billion, a price-to-earnings ratio of 34.11, a price-to-earnings-growth ratio of 4.05 and a beta of 0.51. The company has a quick ratio of 0.22, a current ratio of 0.80 and a debt-to-equity ratio of 0.46. The stock’s fifty day simple moving average is $75.88 and its two-hundred day simple moving average is $68.52. Walmart Inc. has a 1-year low of $49.85 and a 1-year high of $81.60.

Walmart (NYSE:WMT) last posted its earnings results on Thursday, August 15th. The retailer reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.02. Walmart had a net margin of 2.34% and a return on equity of 21.72%. The firm had revenue of $169.30 billion for the quarter, compared to analyst estimates of $168.56 billion. During the same period in the previous year, the firm posted $0.61 EPS. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. On average, research analysts anticipate that Walmart Inc. will post 2.44 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft raised their price objective on Walmart from $77.00 to $83.00 and gave the company a “buy” rating in a report on Friday, August 16th. Redburn Atlantic upgraded shares of Walmart to a “strong-buy” rating in a research note on Monday, September 23rd. Piper Sandler reissued an “overweight” rating and set a $83.00 price target (up from $81.00) on shares of Walmart in a report on Friday, August 16th. Tigress Financial boosted their price objective on shares of Walmart from $75.00 to $86.00 and gave the company a “buy” rating in a report on Tuesday, July 23rd. Finally, The Goldman Sachs Group raised their target price on shares of Walmart from $73.00 to $81.00 and gave the stock a “buy” rating in a report on Friday, August 16th. One investment analyst has rated the stock with a hold rating, twenty-eight have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $81.96.

Insider Buying and Selling

In other Walmart news, EVP John D. Rainey sold 3,000 shares of the stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $69.19, for a total transaction of $207,570.00. Following the completion of the sale, the executive vice president now owns 387,165 shares of the company’s stock, valued at approximately $26,787,946.35. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, EVP Daniel J. Bartlett sold 2,398 shares of the stock in a transaction on Monday, July 15th. The shares were 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 of the company’s stock, valued at $32,239,034.50. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John D. Rainey sold 3,000 shares of the firm’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $69.19, for a total transaction of $207,570.00. Following the completion of the sale, the executive vice president now owns 387,165 shares of the company’s stock, valued at $26,787,946.35. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,337,670 shares of company stock valued at $958,267,937 in the last three months. 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.