This morning we watched Walmart rise 1.4% to a price of $149.36 per share. The large-cap Department Store company is now trading -8.11% below its average target price of $162.55. Analysts have set target prices ranging from $144.0 to $180.0 per share for Walmart, and have given the stock an average rating of buy.
Walmart's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 0.7%. The stock's short ratio is 1.36. The company's insiders own 48.0% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 33.0%. In conclusion, we believe there is positive market sentiment regarding Walmart.
Institutions Invested in Walmart
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2022-12-31 | Vanguard Group, Inc. (The) | 5% | 130,535,145 | $19,496,729,336 |
| 2022-12-31 | Blackrock Inc. | 4% | 97,023,189 | $14,491,383,568 |
| 2022-12-31 | State Street Corporation | 2% | 60,630,374 | $9,055,752,697 |
| 2022-12-31 | Geode Capital Management, LLC | 1% | 24,855,493 | $3,712,416,449 |
| 2022-12-31 | Morgan Stanley | 1% | 22,382,688 | $3,343,078,293 |
| 2022-12-31 | Price (T.Rowe) Associates Inc | 1% | 21,488,641 | $3,209,543,432 |
| 2022-12-31 | Bank of America Corporation | 1% | 20,445,942 | $3,053,805,909 |
| 2022-12-31 | Norges Bank Investment Management | 1% | 18,328,064 | $2,737,479,650 |
| 2022-12-31 | FMR, LLC | 1% | 15,327,511 | $2,289,317,052 |
| 2022-12-31 | Northern Trust Corporation | 1% | 15,047,891 | $2,247,553,008 |
