Deltec Asset Management LLC Has $9.19 Million Holdings in Walmart Inc. $WMT

Key Points

• Deltec Asset Management reduced its Walmart stake by 35.3% in the first quarter, selling 40,285 shares and leaving it with 73,982 shares worth about $9.19 million. Walmart now makes up 1.7% of Deltec’s portfolio and is its 15th-largest holding.
• Walmart reported strong quarterly results, with EPS of $0.66 matching estimates and revenue of $177.75 billion topping expectations. Revenue rose 7.4% year over year, and the company reiterated guidance for fiscal 2027.
• Wall Street remains bullish on Walmart, with multiple firms reiterating buy-equivalent ratings and an average price target of $138.85. Recent insider sales and mixed investor concerns about margins and comparable sales have not changed the overall constructive outlook.

Deltec Asset Management LLC lessened its stake in shares of Walmart Inc. (NASDAQ:WMT - Free Report) by 35.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 73,982 shares of the retailer's stock after selling 40,285 shares during the period. Walmart accounts for 1.7% of Deltec Asset Management LLC's portfolio, making the stock its 15th largest holding. Deltec Asset Management LLC's holdings in Walmart were worth $9,194,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of WMT. MFA Wealth Services raised its position in shares of Walmart by 0.7% in the 1st quarter. MFA Wealth Services now owns 10,909 shares of the retailer's stock valued at $1,356,000 after acquiring an additional 80 shares during the period. Realta Investment Advisors raised its holdings in Walmart by 2.0% in the first quarter. Realta Investment Advisors now owns 4,089 shares of the retailer's stock worth $508,000 after purchasing an additional 81 shares during the period. Renaissance Group LLC boosted its position in shares of Walmart by 0.9% during the fourth quarter. Renaissance Group LLC now owns 9,636 shares of the retailer's stock worth $1,074,000 after purchasing an additional 83 shares in the last quarter. Calton & Associates Inc. lifted its holdings in Walmart by 0.3% during the fourth quarter. Calton & Associates Inc. now owns 27,220 shares of the retailer's stock worth $3,033,000 after acquiring an additional 84 shares in the last quarter. Finally, Advocacy Wealth Management LLC grew its stake in Walmart by 2.5% in the fourth quarter. Advocacy Wealth Management LLC now owns 3,392 shares of the retailer's stock valued at $378,000 after acquiring an additional 84 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Stock Performance

NASDAQ WMT opened at $111.84 on Friday. Walmart Inc. has a 12 month low of $94.23 and a 12 month high of $135.15. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The stock has a 50 day moving average of $122.15 and a 200-day moving average of $122.07. The company has a market cap of $890.03 billion, a PE ratio of 39.24, a PEG ratio of 4.17 and a beta of 0.60.

Walmart (NASDAQ:WMT - Get Free Report) last released its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, hitting the consensus estimate of $0.66. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The company had revenue of $177.75 billion for the quarter, compared to analyst estimates of $174.84 billion. During the same period in the previous year, the business earned $0.61 EPS. Walmart's revenue for the quarter 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. On average, equities research analysts anticipate that Walmart Inc. will post 2.89 EPS for the current fiscal year.

Analysts Set New Price Targets

WMT has been the subject of several recent analyst reports. Evercore restated an "outperform" rating on shares of Walmart in a report on Monday, May 18th. BTIG Research reiterated a "buy" rating and set a $145.00 price objective on shares of Walmart in a report on Wednesday, June 3rd. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Walmart in a research report on Monday, April 20th. Tigress Financial reaffirmed a "buy" rating and set a $155.00 price target (up from $150.00) on shares of Walmart in a research note on Friday, May 29th. Finally, Truist Financial set a $140.00 price objective on shares of Walmart in a report on Thursday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Walmart has a consensus rating of "Moderate Buy" and an average target price of $138.85.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart is being viewed as a defensive winner in a cautious consumer environment, with commentary pointing to resilient grocery spending, strong omnichannel execution, and growth in advertising and membership revenue as reasons the stock could grind higher. Article Title
• Positive Sentiment: Analysts remain broadly constructive on Walmart, and new commentary highlighted strong interest in the company’s Google AI partnership for “agentic shopping,” which could support future digital commerce growth and ecosystem monetization. Article Title
• Positive Sentiment: Unusual options activity showed bullish positioning, with traders buying far more WMT call options than usual, suggesting some investors are betting on a rebound. Article Title
• Neutral Sentiment: Wall Street continues to rate Walmart favorably overall, with several firms reiterating buy-equivalent ratings and an average price target above current levels, though not enough to fully offset recent valuation concerns.
• Negative Sentiment: Investor concern remains over slowing U.S. comparable sales and the company’s reliance on price cuts and tariff refunds to manage inventory, which could pressure margins if the trend continues. Article Title
• Negative Sentiment: Walmart EVP Daniel J. Bartlett sold 3,775 shares in a pre-arranged 10b5-1 transaction, a routine filing but still a small negative sentiment item for traders. Article Title

Insider Buying and Selling at Walmart

In other Walmart news, EVP Latriece Watkins sold 11,000 shares of Walmart stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $118.97, for a total transaction of $1,308,670.00. Following the completion of the transaction, the executive vice president directly owned 120,203 shares of the company's stock, valued at $14,300,550.91. The trade was a 8.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director C Douglas Mcmillon sold 19,416 shares of the company's stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $118.63, for a total transaction of $2,303,320.08. Following the completion of the transaction, the director owned 4,174,579 shares in the company, valued at approximately $495,230,306.77. This represents a 0.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 104,505 shares of company stock worth $12,858,514. 0.09% of the stock is currently owned by corporate insiders.

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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