Broad Peak Investment Advisers Pte Ltd Takes $2.92 Million Position in Walmart Inc. $WMT

Key Points

• Broad Peak Investment Advisers bought a new stake in Walmart during the first quarter, purchasing 23,500 shares valued at about $2.92 million. The position represents 0.6% of the fund’s holdings and its 22nd largest position.
• Wall Street remains broadly bullish on Walmart, with analysts issuing mostly Buy ratings and a consensus price target of $138.85. Recent targets from firms like BTIG, UBS, and Craig Hallum range as high as $150.
• Walmart’s latest earnings showed revenue growth of 7.4% to $177.75 billion and EPS of $0.66, matching estimates. However, recent news also highlights concerns that U.S. comparable sales may be slowing, which has pressured the stock.

Broad Peak Investment Advisers Pte Ltd purchased a new stake in Walmart Inc. (NASDAQ:WMT - Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 23,500 shares of the retailer's stock, valued at approximately $2,921,000. Walmart accounts for 0.6% of Broad Peak Investment Advisers Pte Ltd's holdings, making the stock its 22nd largest position.

A number of other institutional investors have also modified their holdings of the business. Vanguard Group Inc. raised its stake in Walmart by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer's stock valued at $49,015,626,000 after acquiring an additional 4,304,436 shares in the last quarter. State Street Corp grew its stake in shares of Walmart by 1.2% in the third quarter. State Street Corp now owns 184,805,978 shares of the retailer's stock worth $19,046,104,000 after purchasing an additional 2,242,364 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Walmart by 6.8% in the fourth quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer's stock worth $11,426,753,000 after purchasing an additional 6,517,394 shares in the last quarter. Norges Bank acquired a new position in shares of Walmart during the fourth quarter valued at $6,458,529,000. Finally, Fisher Asset Management LLC raised its stake in shares of Walmart by 0.8% during the fourth quarter. Fisher Asset Management LLC now owns 40,626,852 shares of the retailer's stock valued at $4,526,238,000 after purchasing an additional 328,229 shares in the last quarter. Institutional investors own 26.76% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on WMT shares. BTIG Research reiterated a "buy" rating and issued a $145.00 price objective on shares of Walmart in a report on Wednesday, June 3rd. KeyCorp reaffirmed an "overweight" rating on shares of Walmart in a research note on Friday, May 22nd. Guggenheim raised their target price on shares of Walmart from $120.00 to $137.00 and gave the stock a "buy" rating in a report on Monday, April 13th. UBS Group set a $141.00 target price on shares of Walmart and gave the stock a "buy" rating in a research report on Friday, May 22nd. Finally, Craig Hallum set a $150.00 price target on shares of Walmart in a report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Walmart currently has an average rating of "Moderate Buy" and a consensus target price of $138.85.

Walmart Stock Performance

Shares of NASDAQ WMT opened at $108.82 on Thursday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.23. Walmart Inc. has a one year low of $94.23 and a one year high of $135.15. The business's 50-day moving average price is $122.87 and its two-hundred day moving average price is $122.18. The company has a market capitalization of $866.00 billion, a P/E ratio of 38.18, a price-to-earnings-growth ratio of 4.22 and a beta of 0.60.

Walmart (NASDAQ:WMT - Get Free Report) last posted its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.66. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The firm had revenue of $177.75 billion during the quarter, compared to analysts' expectations of $174.84 billion. During the same period in the previous year, the company earned $0.61 earnings per share. The company's revenue was up 7.4% compared to the same quarter last year. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Analysts anticipate that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Walmart news, CEO John R. Furner sold 13,125 shares of the stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $124.84, for a total transaction of $1,638,525.00. Following the transaction, the chief executive officer owned 674,162 shares in the company, valued at $84,162,384.08. This trade represents a 1.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP David W. Guggina sold 11,978 shares of Walmart stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the completion of the transaction, the executive vice president directly owned 125,067 shares in the company, valued at approximately $14,985,527.94. This represents a 8.74% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 100,730 shares of company stock worth $12,444,624 in the last three months. 0.09% of the stock is owned by insiders.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart’s ad business, Walmart Connect, is being viewed as an increasingly important margin driver, supported by ad growth, seller spending, and e-commerce gains. This helps offset concerns about retail margin pressure. Is Walmart Connect Becoming a Bigger Margin Driver for WMT?
• Positive Sentiment: Walmart is also benefiting from its role in helping seniors navigate new Medicare coverage for obesity drugs, which reinforces its healthcare-related services and customer reach. Healthy Returns: Walmart, CVS step in to help seniors navigate Medicare coverage of obesity drugs
• Positive Sentiment: Walmart+ engagement appears to be supported by popular fuel discounts, which could help membership retention and recurring revenue over time. Walmart+ Executive Says Fuel Discounts Supercharge Member Engagement
• Neutral Sentiment: Investor attention remains elevated around WMT, with recent articles highlighting the stock’s large valuation and the market’s ongoing debate about whether e-commerce and store investments can justify the premium.
• Negative Sentiment: Traders are selling Walmart after a research note from Cleveland Research suggested U.S. comparable sales have “slowed to some degree,” raising concerns that domestic growth momentum may be cooling. Walmart Shares Slip Amid Sales Slowdown Concerns
• Negative Sentiment: Another note said Walmart shares have fallen to near an eight-month low as analysts flag slowing sales, reinforcing concerns that near-term fundamentals may not match the stock’s valuation. WMT Stock Sinks To Near Eight-Month Low — Cleveland Research Flags Slowing Sales

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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