887,496 Shares in Walmart Inc. $WMT Bought by Glenview Trust Co

Key Points

• Glenview Trust Co. acquired 887,496 Walmart shares worth approximately $100.5 million, making Walmart 0.9% of its portfolio and its 29th-largest holding. Institutional investors collectively own 26.76% of the company.
• Walmart exceeded quarterly expectations, reporting $0.81 EPS versus the $0.74 consensus and $187.94 billion in revenue, up 5.9% year over year. The stock opened at $104.87, below its 50-day and 200-day moving averages.
• Analysts maintain a generally positive view, with a “Moderate Buy” consensus and an average price target of $131.88, though several firms recently reduced targets. Walmart insiders sold 77,292 shares worth $8.42 million over the past three months.

Glenview Trust Co acquired a new stake in Walmart Inc. (NASDAQ:WMT - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 887,496 shares of the retailer's stock, valued at approximately $100,518,000. Walmart accounts for 0.9% of Glenview Trust Co's investment portfolio, making the stock its 29th largest position.

Several other large investors have also bought and sold shares of WMT. Entrust Financial LLC acquired a new position in shares of Walmart in the fourth quarter worth approximately $27,000. Merkkuri Wealth Advisors LLC acquired a new stake in Walmart during the 1st quarter valued at approximately $29,000. Bay Harbor Wealth Management LLC increased its position in Walmart by 57.4% during the 4th quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer's stock valued at $32,000 after purchasing an additional 105 shares during the period. Sankala Group LLC bought a new position in Walmart during the 4th quarter worth approximately $33,000. Finally, Motiv8 Investments LLC bought a new position in Walmart during the 4th quarter worth approximately $34,000. 26.76% of the stock is owned by institutional investors.

Walmart Stock Performance

NASDAQ:WMT opened at $104.87 on Tuesday. The company has a fifty day moving average of $111.65 and a 200-day moving average of $120.24. The firm has a market capitalization of $834.56 billion, a P/E ratio of 37.86, a P/E/G ratio of 3.92 and a beta of 0.61. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.41. Walmart Inc. has a twelve month low of $95.79 and a twelve month high of $135.15.

Walmart (NASDAQ:WMT - Get Free Report) last released its earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.74 by $0.07. The company had revenue of $187.94 billion for the quarter, compared to the consensus estimate of $186.64 billion. Walmart had a net margin of 3.00% and a return on equity of 21.83%. Walmart's quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.68 EPS. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. As a group, sell-side analysts anticipate that Walmart Inc. will post 2.87 EPS for the current year.

Insider Activity at Walmart

In other news, EVP Christopher James Nicholas sold 2,900 shares of the company's stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $106.34, for a total transaction of $308,386.00. Following the transaction, the executive vice president owned 569,153 shares in the company, valued at approximately $60,523,730.02. This represents a 0.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel J. Bartlett sold 3,775 shares of the stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $109.64, for a total transaction of $413,891.00. Following the transaction, the executive vice president directly owned 630,009 shares in the company, valued at $69,074,186.76. This trade represents a 0.60% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 77,292 shares of company stock worth $8,421,143 over the last three months. 0.09% of the stock is currently owned by company insiders.

Walmart News Roundup

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart agreed to pay $50 million to settle U.S. Justice Department allegations involving improperly filled opioid prescriptions. Although the settlement carries a financial cost and reputational risk, it is viewed favorably because it resolves litigation that had exposed the company to potentially billions of dollars in civil penalties. Walmart described the payment as immaterial. Walmart escapes major legal penalty for a fraction of the cost
• Positive Sentiment: Walmart’s U.S. marketplace sales increased 52%, supported by a broader product selection, greater use of fulfillment services and international expansion in Mexico and Canada. Sustaining this momentum could improve e-commerce growth and marketplace profitability. Walmart's Marketplace Momentum Builds
• Positive Sentiment: Tigress Financial reaffirmed its buy rating and set a $155 price target, implying substantial upside from recent trading levels. This reflects confidence in Walmart’s long-term earnings and growth prospects. Benzinga analyst rating
• Neutral Sentiment: Commentary highlights Walmart’s 53-year record of dividend increases and notes that the stock is well below its peak. However, its dividend yield remains relatively low and its valuation is still elevated compared with the broader market. Walmart dividend analysis
• Negative Sentiment: Erste Group Bank lowered its fiscal 2027 EPS estimates, signaling expectations for slower earnings growth or increased cost pressure. Walmart’s recent earnings-related share-price weakness also indicates that investors remain sensitive to the company’s premium valuation. FY2027 EPS Estimates for Walmart Cut

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on WMT shares. Guggenheim set a $130.00 price objective on shares of Walmart and gave the stock a "buy" rating in a research report on Friday, August 21st. BTIG Research dropped their target price on shares of Walmart from $145.00 to $140.00 and set a "buy" rating on the stock in a report on Friday, August 21st. Tigress Financial reaffirmed a "buy" rating and set a $155.00 price target on shares of Walmart in a research report on Monday. Oppenheimer reiterated a "market perform" rating on shares of Walmart in a report on Tuesday, August 25th. Finally, Wells Fargo & Company decreased their price target on Walmart from $140.00 to $120.00 and set an "overweight" rating for the company in a report on Friday, August 21st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $131.88.

About Walmart

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.

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