Bollard Group LLC Has $31.68 Million Stock Holdings in Walmart Inc. $WMT

Key Points

• Bollard Group increased its Walmart stake 5.1% to 307,384 shares valued at approximately $31.68 million, making WMT its 19th largest position (0.7% of the fund).
• Company insiders have been net sellers: EVP Donna Morris sold 76,181 shares and EVP John D. Rainey sold 20,000 shares, with insiders totaling 279,703 shares sold (~$34.14 million) in the past 90 days.
• Analysts are mostly constructive (consensus "Moderate Buy", average target ~$135.76) after a slight earnings beat and ~24% eCommerce growth, but Walmart's valuation is high (PE ~46), raising concerns about downside if growth falters.

Bollard Group LLC boosted its position in Walmart Inc. (NASDAQ:WMT - Free Report) by 5.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 307,384 shares of the retailer's stock after acquiring an additional 14,981 shares during the period. Walmart accounts for 0.7% of Bollard Group LLC's portfolio, making the stock its 19th largest position. Bollard Group LLC's holdings in Walmart were worth $31,679,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WMT. Fox Run Management L.L.C. bought a new position in Walmart in the third quarter valued at approximately $1,709,000. CWM LLC raised its position in shares of Walmart by 24.2% during the 3rd quarter. CWM LLC now owns 1,175,703 shares of the retailer's stock valued at $121,168,000 after acquiring an additional 229,220 shares during the last quarter. Neuberger Berman Group LLC raised its position in shares of Walmart by 0.8% during the 2nd quarter. Neuberger Berman Group LLC now owns 5,091,126 shares of the retailer's stock valued at $497,771,000 after acquiring an additional 42,645 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its stake in shares of Walmart by 16.6% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 63,782 shares of the retailer's stock valued at $6,567,000 after purchasing an additional 9,061 shares during the period. Finally, World Investment Advisors lifted its stake in shares of Walmart by 5.2% in the 3rd quarter. World Investment Advisors now owns 293,866 shares of the retailer's stock valued at $30,286,000 after purchasing an additional 14,487 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Donna Morris sold 76,181 shares of the stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $123.79, for a total transaction of $9,430,445.99. Following the transaction, the executive vice president owned 402,072 shares in the company, valued at approximately $49,772,492.88. This trade represents a 15.93% 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. Also, EVP John D. Rainey sold 20,000 shares of Walmart stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $122.27, for a total value of $2,445,400.00. Following the sale, the executive vice president directly owned 506,764 shares of the company's stock, valued at approximately $61,962,034.28. The trade was a 3.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 279,703 shares of company stock valued at $34,140,843 in the last ninety days. 0.10% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. KeyCorp restated an "overweight" rating and set a $145.00 target price (up from $128.00) on shares of Walmart in a research report on Friday, February 13th. Tigress Financial set a $150.00 price target on Walmart and gave the company a "buy" rating in a research note on Wednesday, February 25th. Roth Mkm reissued a "buy" rating and issued a $138.00 price objective on shares of Walmart in a research report on Friday, February 20th. UBS Group reiterated a "buy" rating and set a $147.00 target price (up from $135.00) on shares of Walmart in a report on Friday, February 20th. Finally, Barclays reiterated an "overweight" rating and issued a $125.00 price target (up from $108.00) on shares of Walmart in a research note on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat.com, Walmart presently has a consensus rating of "Moderate Buy" and an average price target of $135.76.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart reported continued digital strength: eCommerce grew ~24% in the fiscal fourth quarter, reinforcing its omnichannel momentum and supporting revenue beat and modest upside to guidance — a clear near-term growth driver. Walmart eCommerce Up 24: Can Digital Momentum Continue?
• Positive Sentiment: Analysts and portfolio shops remain constructive: Tigress Financial reiterated a Buy and raised its price target to $150, citing Walmart’s shift toward tech-driven omnichannel operations — a signal of upward analyst sentiment. Tigress Financial Sees Walmart Inc. (WMT) as Tech-Driven Retail Leader
• Positive Sentiment: Flipkart IPO progress (Walmart-backed) remains a potential longer-term upside — an equity event that could unlock value and generate cash/strategic optionality. Walmart-backed Flipkart preps for an IPO as early as this year
• Neutral Sentiment: Schaeffer’s options commentary flagged bullish setups and the possibility of further record highs for WMT — useful for options traders but not a broad fundamental catalyst. Walmart Stock Could Nab More Record Highs
• Neutral Sentiment: Analysis pieces (The Motley Fool) flag that Walmart’s digital push could pay off if fulfillment economics and ROIC improve; it’s strategic upside but execution-dependent. Will Walmart's Digital Push Pay Off in 2026?
• Neutral Sentiment: Walmart is referenced in pieces about stock splits and retail-focused ETFs — background thematic support but not an immediate catalyst. 3 ETFs That Could Benefit as Consumers Tighten Their Budgets (WMT)
• Negative Sentiment: Geopolitical risk: coverage notes the Iran war and possible Strait of Hormuz disruptions could push supply-chain costs and retail prices higher — a margin and inflation risk for Walmart. How the Iran war could start to impact U.S. retail prices
• Negative Sentiment: Valuation and sentiment pressure: commentary (247WallStreet) highlights retail investor criticism of WMT’s ~46x multiple and recent bearish social sentiment, raising the risk of multiple compression if growth disappoints. Reddit’s Loudest Walmart Critics Have a Point About That 46x Multiple

Walmart Price Performance

Shares of WMT opened at $126.52 on Friday. The firm has a market capitalization of $1.01 trillion, a PE ratio of 46.18, a PEG ratio of 4.71 and a beta of 0.66. The company's 50-day moving average is $123.16 and its 200-day moving average is $111.95. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $134.69. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.79 and a quick ratio of 0.24.

Walmart (NASDAQ:WMT - Get Free Report) last announced its earnings results on Thursday, February 19th. The retailer reported $0.74 EPS for the quarter, topping the consensus estimate of $0.73 by $0.01. The business had revenue of $190.66 billion during the quarter, compared to the consensus estimate of $188.37 billion. Walmart had a net margin of 3.07% and a return on equity of 21.44%. Walmart's revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.66 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. Equities analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Dividend Announcement

The company also recently announced 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. The ex-dividend date of this dividend is Friday, December 11th. This represents a $0.99 annualized dividend and a dividend yield of 0.8%. Walmart's dividend payout ratio is presently 36.13%.

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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