Assetmark Inc. Purchases 28,410 Shares of Walmart Inc. $WMT

Key Points

• Assetmark Inc. increased its Walmart stake by 8.7% in Q4, purchasing 28,410 shares to hold 356,482 shares valued at about $39.7 million.
• Company insiders have been net sellers recently — EVP Latriece Watkins sold 10,000 shares and EVP John D. Rainey sold 20,000, with insiders offloading 260,529 shares (~$32.2 million) over the past three months.
• Analysts remain broadly positive, with a consensus Buy rating and an average price target of $137.64 (several firms raising targets to $140–$150), and Walmart posted a slight Q4 EPS and revenue beat while guiding FY27 EPS to $2.75–$2.85.

Assetmark Inc. lifted its position in shares of Walmart Inc. (NASDAQ:WMT - Free Report) by 8.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 356,482 shares of the retailer's stock after purchasing an additional 28,410 shares during the period. Assetmark Inc.'s holdings in Walmart were worth $39,716,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Intelligence Driven Advisers LLC boosted its holdings in Walmart by 6.6% in the fourth quarter. Intelligence Driven Advisers LLC now owns 5,117 shares of the retailer's stock valued at $570,000 after acquiring an additional 315 shares during the last quarter. Tower View Wealth Management LLC boosted its holdings in Walmart by 636.0% in the fourth quarter. Tower View Wealth Management LLC now owns 9,141 shares of the retailer's stock valued at $1,018,000 after acquiring an additional 7,899 shares during the last quarter. Norris Perne & French LLP MI boosted its holdings in Walmart by 1.9% in the fourth quarter. Norris Perne & French LLP MI now owns 10,088 shares of the retailer's stock valued at $1,124,000 after acquiring an additional 188 shares during the last quarter. Lynch Asset Management Inc. lifted its stake in Walmart by 62.5% in the fourth quarter. Lynch Asset Management Inc. now owns 1,300 shares of the retailer's stock valued at $145,000 after buying an additional 500 shares during the period. Finally, Pinnacle Wealth Management Group Inc. acquired a new position in Walmart in the fourth quarter valued at approximately $252,000. 26.76% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

WMT has been the topic of several recent analyst reports. BMO Capital Markets reissued an "outperform" rating on shares of Walmart in a research note on Wednesday, January 14th. Oppenheimer reissued an "outperform" rating and issued a $140.00 price target (up from $125.00) on shares of Walmart in a research note on Monday, February 9th. DA Davidson set a $150.00 price target on Walmart and gave the company a "buy" rating in a research note on Friday, February 20th. Weiss Ratings reissued a "buy (b)" rating on shares of Walmart in a research note on Wednesday, January 21st. Finally, Rothschild & Co Redburn set a $150.00 price target on Walmart in a research note on Tuesday, February 17th. Two research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Walmart has a consensus rating of "Buy" and an average price target of $137.64.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Guggenheim raised its price target to $137 and placed WMT at a "Buy," giving the stock upward analyst momentum and signaling expectations for stronger upside. Walmart price target raised by Guggenheim
• Positive Sentiment: Walmart launched Upstream Facility Services to sell its maintenance and operations expertise to other businesses — a new revenue stream that leverages scale and could improve margins over time. Walmart introduces Upstream Facility Services
• Positive Sentiment: Walmart continues to push AI in retail: the Sparky assistant is driving ~35% higher spend per order and adoption by ~50% of app shoppers, a direct tailwind to digital sales and basket size. Walmart's AI push gains steam
• Positive Sentiment: Pet Honesty expanded nationwide into nearly 13,000 Walmart stores, boosting assortment and in‑store traffic potential for consumables and private‑label adjacencies. Pet Honesty® Expands to Walmart Stores Nationwide
• Positive Sentiment: Walmart joined the U.S. Cotton Trust Protocol, strengthening sustainable sourcing credentials and reducing supply‑chain and reputational risk for apparel/textiles. Walmart Joins U.S. Cotton Trust Protocol
• Neutral Sentiment: Erste Group upgraded WMT to Buy (cited by coverage articles), reflecting bullish analyst sentiment following solid Q4 results and guidance — supports longer‑term thesis but not immediate catalyst. Walmart Inc. (WMT) a Top Consumer Defensive Stock
• Neutral Sentiment: Sector/industry notes highlight Walmart as a leader in omnichannel/digital transformation — supportive context but already priced into large‑cap defensive expectations. Zacks Industry Outlook Highlights Walmart
• Neutral Sentiment: Investor‑oriented media reiterate Walmart as a defensive name amid market volatility, which can attract capital during risk‑off periods but may limit upside in strong rallies. Market on Sale: 2 Stocks Worth Buying With $1,000
• Negative Sentiment: Recent daily headlines noted a short‑term pullback in WMT shares (prior session decline ~1.7%), a reminder of near‑term volatility despite solid fundamentals. Walmart (WMT) Stock Declines While Market Improves
• Negative Sentiment: Dividend growth at Walmart trails Costco, which could be a negative when competing for income‑focused investors despite Walmart's other strengths. Walmart vs. Costco: One Dividend Is Growing Twice as Fast as the Other

Insiders Place Their Bets

In related news, EVP Latriece Watkins sold 10,000 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $121.46, for a total value of $1,214,600.00. Following the completion of the sale, the executive vice president directly owned 108,294 shares of the company's stock, valued at approximately $13,153,389.24. This represents a 8.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP John D. Rainey sold 20,000 shares of the stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $127.79, for a total value of $2,555,800.00. Following the completion of the sale, the executive vice president directly owned 486,764 shares of the company's stock, valued at $62,203,571.56. The trade was a 3.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 260,529 shares of company stock worth $32,173,300 in the last three months. 0.10% of the stock is owned by corporate insiders.

Walmart Price Performance

Shares of NASDAQ:WMT opened at $125.05 on Wednesday. The company has a quick ratio of 0.24, a current ratio of 0.79 and a debt-to-equity ratio of 0.38. Walmart Inc. has a twelve month low of $90.61 and a twelve month high of $134.69. The stock's 50 day moving average is $125.82 and its 200-day moving average is $115.57. The firm has a market capitalization of $996.95 billion, a price-to-earnings ratio of 45.64, a PEG ratio of 4.64 and a beta of 0.66.

Walmart (NASDAQ:WMT - Get Free Report) last issued its earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share for the quarter, topping analysts' consensus estimates of $0.73 by $0.01. The company had revenue of $190.66 billion for the quarter, compared to analyst estimates of $188.37 billion. Walmart had a return on equity of 21.44% and a net margin of 3.07%.Walmart's revenue for the quarter was up 5.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.66 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. Sell-side analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, January 4th. Investors 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 yield of 0.8%. The ex-dividend date of this dividend is Friday, December 11th. Walmart's dividend payout ratio is presently 36.13%.

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.

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