Walmart Inc. (NYSE:WMT) Shares Purchased by Intrepid Capital Management Inc.

Intrepid Capital Management Inc. grew its position in shares of Walmart Inc. (NYSE:WMT) by 4.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 14,903 shares of the retailer’s stock after acquiring an additional 663 shares during the quarter. Intrepid Capital Management Inc.’s holdings in Walmart were worth $1,346,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of WMT. FPC Investment Advisory Inc. acquired a new position in Walmart during the 4th quarter valued at about $25,000. Horizon Financial Services LLC boosted its position in shares of Walmart by 1,007.7% during the fourth quarter. Horizon Financial Services LLC now owns 288 shares of the retailer’s stock worth $26,000 after buying an additional 262 shares during the period. Fiduciary Advisors Inc. acquired a new position in shares of Walmart during the fourth quarter worth approximately $27,000. Decker Retirement Planning Inc. acquired a new stake in Walmart in the 4th quarter valued at approximately $32,000. Finally, Noble Wealth Management PBC acquired a new stake in Walmart in the 4th quarter valued at approximately $37,000. Institutional investors own 26.76% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on WMT. Erste Group Bank cut Walmart from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 17th. Wells Fargo & Company raised their target price on shares of Walmart from $100.00 to $108.00 and gave the company an “overweight” rating in a research note on Monday, February 3rd. Royal Bank of Canada reduced their price target on shares of Walmart from $109.00 to $107.00 and set an “outperform” rating for the company in a research note on Friday, February 21st. Roth Mkm reiterated a “buy” rating and set a $108.00 price objective (up previously from $97.00) on shares of Walmart in a research note on Friday, February 21st. Finally, Oppenheimer upped their target price on Walmart from $100.00 to $110.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 5th. Two analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $103.17.

Insider Activity at Walmart

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction on Thursday, January 23rd. The shares were sold at an average price of $92.62, for a total transaction of $2,697,464.88. Following the transaction, the chief executive officer now directly owns 3,766,491 shares in the company, valued at $348,852,396.42. The trade was a 0.77 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Daniel J. Bartlett sold 1,600 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $103.99, for a total value of $166,384.00. Following the sale, the executive vice president now owns 423,597 shares of the company’s stock, valued at approximately $44,049,852.03. This represents a 0.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 176,652 shares of company stock valued at $16,590,028. Corporate insiders own 45.58% of the company’s stock.

Walmart Price Performance

Shares of NYSE:WMT opened at $88.70 on Wednesday. The company’s fifty day moving average is $94.45 and its two-hundred day moving average is $89.51. The company has a market cap of $711.10 billion, a P/E ratio of 36.81, a price-to-earnings-growth ratio of 4.42 and a beta of 0.53. Walmart Inc. has a 12-month low of $58.56 and a 12-month high of $105.30. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.02. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The firm had revenue of $180.55 billion for the quarter, compared to analyst estimates of $178.83 billion. Equities analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be issued a dividend of $0.235 per share. This represents a $0.94 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend is Friday, December 12th. Walmart’s dividend payout ratio is currently 39.00%.

Walmart 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.