Allworth Financial LP Has $36.92 Million Stock Position in Walmart Inc. $WMT

Key Points

• Allworth Financial LP increased its Walmart stake by 2.5% in the fourth quarter, ending with 331,395 shares valued at about $36.9 million.
• Walmart reported strong quarterly results, with EPS of $0.74 topping estimates and revenue of $190.66 billion beating expectations, while sales rose 5.6% year over year.
• Analysts remain broadly bullish on WMT, with a consensus Buy rating and an average price target of $138.67, even as several insiders recently sold shares.

Allworth Financial LP boosted its position in Walmart Inc. (NASDAQ:WMT - Free Report) by 2.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 331,395 shares of the retailer's stock after buying an additional 8,071 shares during the period. Allworth Financial LP's holdings in Walmart were worth $36,921,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in WMT. Brighton Jones LLC increased its stake in Walmart by 28.8% in the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock valued at $8,868,000 after buying an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of Walmart by 5.8% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock worth $800,000 after buying an additional 485 shares during the last quarter. Peterson Wealth Management grew its holdings in shares of Walmart by 3.5% in the first quarter. Peterson Wealth Management now owns 50,307 shares of the retailer's stock valued at $4,416,000 after acquiring an additional 1,715 shares in the last quarter. Sivia Capital Partners LLC increased its position in shares of Walmart by 0.9% during the second quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer's stock valued at $1,272,000 after acquiring an additional 116 shares during the last quarter. Finally, Schnieders Capital Management LLC. lifted its holdings in Walmart by 1.2% during the second quarter. Schnieders Capital Management LLC. now owns 91,341 shares of the retailer's stock worth $8,931,000 after acquiring an additional 1,048 shares during the period. Institutional investors and hedge funds own 26.76% of the company's stock.

Walmart Stock Up 0.9%

WMT opened at $131.47 on Thursday. Walmart Inc. has a 12 month low of $91.89 and a 12 month high of $134.69. The company has a market cap of $1.05 trillion, a PE ratio of 47.98, a price-to-earnings-growth ratio of 4.85 and a beta of 0.65. The company has a current ratio of 0.79, a quick ratio of 0.24 and a debt-to-equity ratio of 0.38. The company has a 50 day moving average of $126.21 and a 200 day moving average of $118.87.

Walmart (NASDAQ:WMT - Get Free Report) last posted its earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.01. Walmart had a return on equity of 21.44% and a net margin of 3.07%.The firm had revenue of $190.66 billion for the quarter, compared to the consensus estimate of $188.37 billion. During the same quarter in the prior year, the business posted $0.66 earnings per share. The business's quarterly revenue was up 5.6% on a year-over-year basis. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. On average, sell-side analysts expect that Walmart Inc. will post 2.89 EPS for the current year.

Walmart Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Friday, December 11th will be given a $0.2475 dividend. This represents a $0.99 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, December 11th. Walmart's dividend payout ratio (DPR) is 36.13%.

Insider Activity at Walmart

In related news, Director C Douglas Mcmillon sold 19,416 shares of the company's stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $126.71, for a total transaction of $2,460,201.36. Following the sale, the director owned 4,023,209 shares of the company's stock, valued at approximately $509,780,812.39. This represents a 0.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO John R. Furner sold 13,125 shares of the firm's stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $121.96, for a total value of $1,600,725.00. Following the completion of the sale, the chief executive officer directly owned 687,287 shares in the company, valued at approximately $83,821,522.52. The trade was a 1.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 167,195 shares of company stock valued at $20,975,804 in the last quarter. 0.10% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have issued reports on WMT. TD Cowen restated a "buy" rating and issued a $150.00 price objective (up from $145.00) on shares of Walmart in a research note on Thursday, May 7th. KeyCorp restated an "overweight" rating and set a $145.00 price target (up from $128.00) on shares of Walmart in a research report on Friday, February 13th. The Goldman Sachs Group reaffirmed a "buy" rating and issued a $138.00 price objective on shares of Walmart in a research report on Friday, February 20th. Piper Sandler reiterated an "overweight" rating on shares of Walmart in a research note on Tuesday, February 24th. Finally, BTIG Research raised their price target on shares of Walmart from $140.00 to $145.00 and gave the stock a "buy" rating in a research note on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Walmart presently has a consensus rating of "Buy" and an average price target of $138.67.

Walmart News Roundup

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart’s restructuring appears aimed at streamlining operations and improving coordination across tech and AI teams, which could boost efficiency and profitability if executed well.
• Positive Sentiment: Analyst commentary ahead of earnings remains constructive, with reports highlighting Walmart’s strong earnings-surprise track record and arguing that its premium valuation is justified by growth and execution.
• Positive Sentiment: Pre-earnings research from major analysts has reiterated favorable views on Walmart, suggesting expectations remain high heading into the company’s quarterly report.
• Neutral Sentiment: The job cuts were reported to be part of an internal reorganization rather than a direct response to AI replacing workers, which limits the read-through to near-term fundamentals. Walmart lays off or relocates about 1,000 corporate workers, WSJ reports
• Neutral Sentiment: Several articles also framed the move as a broader digital-transformation effort, but the actual earnings impact is still unclear until Walmart reports results and guidance.
• Negative Sentiment: Layoffs can sometimes signal management caution or cost pressure, and investor reaction may be tempered by the fact that Walmart’s shares already trade at a premium valuation ahead of earnings.

Walmart Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.