Diversify Wealth Management LLC Buys 28,360 Shares of Walmart Inc. $WMT

Key Points

• Diversify Wealth Management LLC boosted its Walmart stake by 40% in the first quarter, buying 28,360 additional shares and bringing its total holdings to 99,256 shares worth about $12.7 million.
• Other institutions also increased their positions, and overall institutional ownership of Walmart stands at 26.76%, signaling continued investor interest in the retailer.
• Walmart reported solid quarterly results, with EPS matching estimates at $0.66 and revenue topping expectations at $177.75 billion; analysts remain generally bullish with an average Moderate Buy rating and a $138.85 price target.

Diversify Wealth Management LLC increased its stake in shares of Walmart Inc. (NASDAQ:WMT - Free Report) by 40.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 99,256 shares of the retailer's stock after purchasing an additional 28,360 shares during the quarter. Diversify Wealth Management LLC's holdings in Walmart were worth $12,706,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Union Bancaire Privee UBP SA grew its stake in Walmart by 253.3% during the 1st quarter. Union Bancaire Privee UBP SA now owns 384,034 shares of the retailer's stock valued at $47,728,000 after purchasing an additional 275,337 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in shares of Walmart by 2.9% in the first quarter. Janney Montgomery Scott LLC now owns 2,416,580 shares of the retailer's stock worth $300,333,000 after purchasing an additional 68,632 shares during the last quarter. Vise Technologies Inc. raised its stake in shares of Walmart by 42.1% in the fourth quarter. Vise Technologies Inc. now owns 275,341 shares of the retailer's stock worth $30,676,000 after purchasing an additional 81,635 shares during the last quarter. Life Cycle Investment Partners Ltd acquired a new stake in shares of Walmart during the fourth quarter worth about $40,855,000. Finally, Winning Points Advisors LLC purchased a new stake in Walmart in the fourth quarter valued at approximately $1,761,000. Institutional investors own 26.76% of the company's stock.

Walmart Price Performance

Shares of WMT stock opened at $113.90 on Monday. The stock has a 50 day moving average of $120.48 and a 200 day moving average of $122.03. 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 market cap of $906.43 billion, a P/E ratio of 39.97, a P/E/G ratio of 4.25 and a beta of 0.60. Walmart Inc. has a twelve month low of $94.23 and a twelve month high of $135.15.

Walmart (NASDAQ:WMT - Get Free Report) last released its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, hitting the consensus estimate of $0.66. The business had revenue of $177.75 billion for the quarter, compared to analyst estimates of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The business's quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.61 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. As a group, sell-side analysts expect that Walmart Inc. will post 2.89 EPS for the current year.

Insider Transactions at Walmart

In related news, EVP Latriece Watkins sold 11,000 shares of the 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 sale, the executive vice president directly owned 120,203 shares of the company's stock, valued at approximately $14,300,550.91. This represents a 8.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO John R. Furner sold 13,125 shares of the firm's stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $124.84, for a total transaction of $1,638,525.00. Following the sale, the chief executive officer owned 674,162 shares in the company, valued at approximately $84,162,384.08. This represents a 1.91% decrease in their position. 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 90 days, insiders sold 104,505 shares of company stock worth $12,858,514. Insiders own 0.09% of the company's stock.

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart is rolling out more wellness benefits at Sam’s Club, including Weight Watchers perks, which could deepen member loyalty, support renewals, and boost recurring membership revenue. Article Title
• Positive Sentiment: Walmart is also getting attention for broad price cuts across groceries and household staples, which should help reinforce its reputation as a defensive, inflation-fighting retailer and drive traffic to stores and clubs. Article Title
• Positive Sentiment: Jim Cramer said Walmart is one of the “greatest companies on earth” and called the recent pullback an “incredible buying opportunity,” helping support sentiment around the stock. Article Title
• Neutral Sentiment: Commentary around Walmart’s health event and its AI shopping efforts highlights longer-term strategic investments, but these items are more thematic than immediate catalysts for the stock. Article Title
• Neutral Sentiment: Coverage comparing Walmart’s AI shopping race with Amazon underscores competitive pressure in retail tech, but it does not point to any near-term operational setback for Walmart. Article Title

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Truist Financial set a $140.00 price target on shares of Walmart in a report on Thursday, May 21st. KeyCorp restated an "overweight" rating on shares of Walmart in a research note on Friday, May 22nd. Tigress Financial reaffirmed a "buy" rating and issued a $155.00 price objective (up from $150.00) on shares of Walmart in a report on Friday, May 29th. Wolfe Research reiterated an "outperform" rating and issued a $137.00 price objective (up from $135.00) on shares of Walmart in a research note on Monday, May 11th. Finally, BTIG Research reissued a "buy" rating and set a $145.00 target price on shares of Walmart in a report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $138.85.

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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