Walmart Inc. (NYSE:WMT) is Capstone Triton Financial Group LLC’s 6th Largest Position

Capstone Triton Financial Group LLC lowered its position in shares of Walmart Inc. (NYSE:WMT) by 1.2% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 56,910 shares of the retailer’s stock after selling 674 shares during the quarter. Walmart comprises about 2.7% of Capstone Triton Financial Group LLC’s portfolio, making the stock its 6th largest position. Capstone Triton Financial Group LLC’s holdings in Walmart were worth $3,853,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of WMT. EntryPoint Capital LLC acquired a new stake in Walmart in the 1st quarter worth about $25,000. Northwest Capital Management Inc raised its stake in shares of Walmart by 199.3% in the 1st quarter. Northwest Capital Management Inc now owns 440 shares of the retailer’s stock valued at $26,000 after acquiring an additional 293 shares during the period. TruNorth Capital Management LLC raised its position in Walmart by 138.3% in the second quarter. TruNorth Capital Management LLC now owns 429 shares of the retailer’s stock valued at $29,000 after purchasing an additional 249 shares during the period. Cultivar Capital Inc. acquired a new position in Walmart during the 2nd quarter worth about $29,000. Finally, Able Wealth Management LLC purchased a new position in shares of Walmart in the fourth quarter valued at approximately $30,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Roth Mkm boosted their price objective on Walmart from $71.00 to $81.00 and gave the stock a “buy” rating in a research report on Friday, August 16th. HSBC upped their price target on Walmart from $70.00 to $81.00 and gave the company a “buy” rating in a report on Tuesday, June 11th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Walmart from $77.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, August 16th. Piper Sandler restated an “overweight” rating and issued a $83.00 target price (up previously from $81.00) on shares of Walmart in a report on Friday, August 16th. Finally, The Goldman Sachs Group lifted their price target on shares of Walmart from $73.00 to $81.00 and gave the stock a “buy” rating in a research note on Friday, August 16th. Two analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Walmart has an average rating of “Moderate Buy” and an average price target of $78.99.

Walmart Stock Up 1.3 %

Shares of NYSE:WMT opened at $79.06 on Friday. The stock has a 50-day simple moving average of $73.44 and a 200-day simple moving average of $66.78. The stock has a market capitalization of $635.92 billion, a P/E ratio of 33.79, a PEG ratio of 4.03 and a beta of 0.51. Walmart Inc. has a 1 year low of $49.85 and a 1 year high of $81.02. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.22 and a current ratio of 0.80.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, August 15th. The retailer reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.02. The company had revenue of $169.30 billion during the quarter, compared to the consensus estimate of $168.56 billion. Walmart had a net margin of 2.34% and a return on equity of 21.72%. Walmart’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.61 earnings per share. Equities analysts forecast that Walmart Inc. will post 2.44 earnings per share for the current year.

Insider Buying and Selling at Walmart

In other Walmart news, EVP Daniel J. Bartlett sold 2,063 shares of the business’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $80.76, for a total value of $166,607.88. Following the transaction, the executive vice president now owns 459,558 shares in the company, valued at approximately $37,113,904.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Walmart news, EVP Daniel J. Bartlett sold 2,063 shares of Walmart stock in a transaction on Monday, September 16th. The shares were sold at an average price of $80.76, for a total value of $166,607.88. Following the completion of the transaction, the executive vice president now owns 459,558 shares of the company’s stock, valued at $37,113,904.08. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP David Chojnowski sold 8,791 shares of the company’s stock in a transaction that occurred on Wednesday, June 26th. The shares were sold at an average price of $68.00, for a total value of $597,788.00. Following the transaction, the senior vice president now directly owns 94,415 shares of the company’s stock, valued at $6,420,220. The disclosure for this sale can be found here. Insiders sold 12,369,039 shares of company stock valued at $959,826,083 over the last 90 days. 45.58% of the stock is owned by corporate insiders.

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.