Threadgill Financial LLC Has $335,000 Stake in Walmart Inc. (NYSE:WMT)

Threadgill Financial LLC increased its stake in shares of Walmart Inc. (NYSE:WMT) by 16.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,708 shares of the retailer’s stock after purchasing an additional 524 shares during the quarter. Threadgill Financial LLC’s holdings in Walmart were worth $335,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of WMT. Peterson Financial Group Inc. acquired a new stake in shares of Walmart in the 3rd quarter valued at $26,000. Voisard Asset Management Group Inc. raised its position in shares of Walmart by 77.3% during the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock valued at $32,000 after acquiring an additional 174 shares during the last quarter. Hoese & Co LLP acquired a new position in shares of Walmart in the 3rd quarter valued at $33,000. Livelsberger Financial Advisory bought a new position in shares of Walmart in the 3rd quarter worth $36,000. Finally, Hara Capital LLC acquired a new stake in shares of Walmart during the third quarter worth $37,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Performance

Shares of NYSE WMT opened at $93.03 on Monday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23. The firm has a market cap of $747.35 billion, a price-to-earnings ratio of 38.18, a P/E/G ratio of 4.47 and a beta of 0.55. The stock’s fifty day moving average price is $90.38 and its two-hundred day moving average price is $80.63. Walmart Inc. has a one year low of $53.39 and a one year high of $96.18.

Walmart (NYSE:WMT) last released its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 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 for the quarter, compared to the consensus estimate of $167.69 billion. During the same period in the prior year, the company posted $0.51 earnings per share. Walmart’s revenue was up 5.5% compared to the same quarter last year. On average, equities analysts forecast that Walmart Inc. will post 2.47 EPS for the current 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 shares were sold at an average price of $82.79, for a total value of $2,411,175.96. Following the transaction, the chief executive officer now directly owns 3,843,929 shares of the company’s stock, valued at $318,238,881.91. This trade represents a 0.75 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Daniel J. Bartlett sold 2,065 shares of the business’s stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of $80.69, for a total transaction of $166,624.85. Following the transaction, the executive vice president now owns 457,493 shares of the company’s stock, valued at approximately $36,915,110.17. This represents a 0.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 140,412 shares of company stock valued at $12,478,116. 45.58% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Piper Sandler raised their target price on Walmart from $83.00 to $93.00 and gave the stock an “overweight” rating in a report on Monday, November 18th. Robert W. Baird lifted their price objective on shares of Walmart from $90.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. Barclays upped their price objective on shares of Walmart from $90.00 to $98.00 and gave the company an “overweight” rating in a research report on Thursday. DZ Bank cut Walmart from a “buy” rating to a “hold” rating and set a $91.00 price objective on the stock. in a report on Thursday, November 21st. Finally, Redburn Atlantic raised shares of Walmart to a “strong-buy” rating in a research report on Monday, September 23rd. Two equities research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $94.08.

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.