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General Partner Inc. has acquired 5,887 shares of Walmart Inc. (NYSE:WMT).

Elaine Mendonça by Elaine Mendonça
March 18, 2023
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According to Walmart INC’s most recent Form 13F filing with the Securities and Exchange Commission, the company was acquired by General Partner INC during the last quarter of the year. “WMT” is what investors will see as the ticker symbol for Walmart INC (SEC).

The institutional investor purchased a total of 5,887 shares of the Retailer’s stock at a price of approximately $835,000, making the total amount spent on the transaction Walmart the 24th largest investment that General Partner INC has in its portfolio, making up a total of 0.8% of the company’s holdings as of this writing.

On December 22, Executive Vice President John R. Furner sold 4,375 shares of the company’s stock, bringing us to another piece of news about Walmart.

This transaction took place at the beginning of this month.

A total of $633,543.75 was received for the sale of the shares, which works out to an average price of $144.81 per share.

At the moment, the executive vice president is the owner of a total of 255,059 shares in the company, which together are worth approximately $36,935,093.79. You can find a copy of the filing that disclosed the transaction on the Securities and Exchange Commission (SEC) website.

The filing described the transaction. On December 22, Executive Vice President John R. Furner sold 4,375 shares of the company’s stock, which brings us to another piece of information concerning the business’s operations.

A total of $633,543.75 was received for the sale of the shares, which works out to an average price of $144.81 per share.

The current value of the executive vice president’s company stock holdings is approximately $36,935,093.79, and he or she currently possesses 255,059 of the company’s shares. Following this link will take you to a document submitted to the Securities and Exchange Commission (SEC).

The document contains an in-depth explanation of the transaction that was reported to the SEC.

A significant number of shares of the company’s stock were sold on February 22 by Jim C. Walton, a shareholder.

The transaction for the shares had a total value of $122,940,535.90, which is $144.26 per share when divided by the total value. Following the transaction, the insider will have 266,841,420 shares in the company.

These shares have an estimated value of $38,494,543,249.20 at present.

Disclosures related to the sale might be found in this website section. Over the last three months, company insiders have offloaded 9,830,325 company stock shares, bringing in a combined revenue of $1,378,798,478.

Insiders control the total number of shares in the company to the extent of 47.06 percent.
There has either been a decrease or an increase in the total number of shares of WMT stock held by a number of the world’s most prominent investors.

Through the course of the third quarter, Fisher Asset Management LLC was able to achieve a 1,519.2% increase in the proportion of Walmart stock that it owned. Following the acquisition of 7,627,286 additional shares of the retail company’s stock during the most recent quarter, Fisher Asset Management LLC now holds a total of 8,129,341 of those company’s shares in its portfolio.

There is a value of $1,054,376,000 attached to these shares.

During the third quarter, BlackRock INC increased the amount of Walmart stock owned by 2.9%, bringing the total to 100%.

BlackRock INC now holds 96,570,711 shares of the company’s stock, valued at $12,525,224,00.

This is an increase of 2,712,886 shares from the previous quarter’s acquisitions, bringing the total number of shares held by the company to 96,570,711.

At the close of the third quarter, Vanguard Group INC had a 1.4% increase in the proportion of Walmart shares it held in its portfolio. Vanguard Group INC now has 130,176,496 shares of the Retailer’s stock, giving it a market value of $16,883,890,000.

The company acquired an additional 1,832,388 shares during the most recent fiscal quarter.

DURING THE SECOND QUARTER, Price T. Rowe Associates INC (MD) increased the amount of Walmart stock they owned by 7.6%, bringing their total ownership percentage to 100%.

Price T. Rowe Associates INC, MD, presently holds 23,919,371 shares of the company’s stock, with a combined value of $2,908,117,000.

The company purchased an additional 1,685,320 shares during the most recent fiscal quarter.

During the first three months of this year, Arrowstreet Capital Limited Partnership increased the amount of Walmart stock owned by 34.2%.

After making an additional purchase of 1,340,328 shares of the retail company’s stock during the most recent fiscal quarter, Arrowstreet Capital Limited Partnership now holds a total of 5,258,231 shares in its portfolio.

The total value of the stock holdings of the Retailer that Arrowstreet Capital Limited Partnership owns as of the most recent market close amounts to $783,056,000.

To the tune of 31.27% of the company’s stock, institutional investors and hedge funds collectively hold the company’s shares.
Several equity analysts have recently published reports on the company they observe in their research.

In a research report made public on November 16, Raymond James increased their price objective for Walmart from $150.00 to $160.00.

The “overweight” rating was given to Walmart by KeyCorp in a research note published on November 16, and the company also increased its price objective on the stock from $155.00 to $165.00.

This action was taken in response to the most recent earnings report that the company released. Following the publication of a study on February 10 made available to the public, Gordon Haskett revised his previous recommendation for Walmart, which was “hold,” to “accumulate.” In addition, they raised the price target they had established for the company to $155, up from the previous level of $145.00. Guggenheim advised Walmart to aim for a price of $165.00 based on their research findings, which were made accessible to the general public on Thursday, November 17.

DA Davidson upgraded Walmart from a “buy” rating to a “strong-buy” rating in a research report published on November 16.

They also raised their price objective for the company from $163.00 to $173.00.

Twenty-three investment analysts have rated the company as a buy; one analyst has rated it as a strong buy; six analysts have recommended that investors hold on to their shares; and one analyst has rated the company as a sell.

The current average rating for Walmart is “Moderate Buy,” and the company’s price goal is $162.44, as indicated by the data that can be found on Bloomberg.com.

When trading started on Thursday, the price of a share of Walmart was $139.64 per share.

The share price of Walmart INC ranged from a low of $117.27 to a high of $160.77 over the previous year.

The price-to-earnings ratio for the company is 32.63; the price-to-growth ratio for the company is 4.11; and the company’s beta value is 0.48.

The company currently has a market capitalization of $376.58 billion.

The price of the stock’s simple moving average over the past 50 days is $142.52, and the price of the stock’s simple moving average over the past 200 days is $141.01, respectively.

There is no difference between the debt-to-equity, current, and quick ratios; all three measure 0.21.

Both the current ratio and the quick ratio are at 0.21.

The current ratio stands at 0.82.
Walmart (NYSE: WMT) released its most recent earnings report on February 21, 2019. Retailer’s quarterly earnings per share came in at $1.71, $0.20 higher than the consensus estimate of $1.51 compiled by industry analysts.

In other words, Retailer outperformed analysts’ expectations by $0.20. Walmart had a return on equity of 20.45%, and the net margin for the company was 1.91%.

The revenue generated during the quarter was estimated to be anywhere from $158,67 billion to $164,05 billion, according to the range of estimates provided by analysts. Compared to the current year, the company had earnings of $1.53 per share during the same period the year before. Compared to the same quarter in the previous year, the increase in revenue was 7.3% higher than expected.

The projections of market analysts indicate that Walmart INC will generate $6.08 per share in revenue throughout the current fiscal year.

Tags: WMT, Analyst Rating
Elaine Mendonça

Elaine Mendonça

Over the last nine years, Elaine has managed investment portfolio using fundamental analysis and value investing, emphasizing long-term time horizons.

DISCLAIMER

Nothing on this website should be considered personalized financial advice. Any investments recommended here in should be made only after consulting with your personal investment advisor and only after performing your own research and due diligence, including reviewing the prospectus or financial statements of the issuer of any security.

The Best Stocks, its managers, its employees, affiliates and assigns (collectively “The Company”) do not make any guarantee or warranty about the advice provided on this website or what is otherwise advertised above.

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