Forteris Wealth Management Inc. Purchases New Shares in Walmart Inc. $WMT

Key Points

• Forteris Wealth Management purchased a new stake of 14,185 Walmart shares (~$1.58M) in Q4, making WMT its 23rd largest holding at about 1.6% of the firm's portfolio.
• Company insiders have been selling recently — EVP John D. Rainey sold 20,000 shares and CEO John R. Furner sold 13,125, and insiders have sold 263,376 shares (~$32.6M) over the past 90 days, which could create short‑term headline risk.
• Analyst and results update: Walmart reported slightly beat quarterly results (EPS $0.74 vs. $0.73; revenue $190.66B vs. $188.37B), set FY2027 guidance of $2.75–2.85 EPS, and carries a consensus "Buy" rating with an average price target of $137.64.

Forteris Wealth Management Inc. purchased a new stake in shares of Walmart Inc. (NASDAQ:WMT - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 14,185 shares of the retailer's stock, valued at approximately $1,580,000. Walmart accounts for about 1.6% of Forteris Wealth Management Inc.'s holdings, making the stock its 23rd largest holding.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Collier Financial purchased a new stake in Walmart during the 3rd quarter valued at $25,000. Your Advocates Ltd. LLP purchased a new stake in Walmart during the 3rd quarter valued at $28,000. Redmont Wealth Advisors LLC purchased a new stake in Walmart during the 3rd quarter valued at $30,000. Beacon Financial Strategies CORP purchased a new stake in Walmart during the 4th quarter valued at $30,000. Finally, Roble Belko & Company Inc raised its holdings in Walmart by 212.6% during the 3rd quarter. Roble Belko & Company Inc now owns 322 shares of the retailer's stock valued at $33,000 after buying an additional 219 shares during the period. Hedge funds and other institutional investors own 26.76% of the company's stock.

Insiders Place Their Bets

In other Walmart news, EVP John D. Rainey sold 20,000 shares of the firm's stock in a transaction dated Monday, March 2nd. The stock was 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 owned 486,764 shares of the company's stock, valued at approximately $62,203,571.56. This trade represents a 3.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO John R. Furner sold 13,125 shares of the firm's stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $124.84, for a total value of $1,638,525.00. Following the completion of the sale, the chief executive officer directly owned 674,162 shares of the company's stock, 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. In the last 90 days, insiders have sold 263,376 shares of company stock valued at $32,598,466. 0.10% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

WMT has been the topic of a number of recent analyst reports. Sanford C. Bernstein reiterated an "outperform" rating and issued a $134.00 target price (up from $129.00) on shares of Walmart in a research note on Friday, February 20th. Rothschild & Co Redburn set a $150.00 target price on Walmart in a research note on Tuesday, February 17th. BMO Capital Markets reiterated an "outperform" rating on shares of Walmart in a research note on Wednesday, January 14th. HSBC lowered Walmart from a "buy" rating to a "hold" rating and increased their target price for the stock from $122.00 to $131.00 in a research note on Friday, February 20th. Finally, Piper Sandler reiterated an "overweight" rating on shares of Walmart in a research note on Tuesday, February 24th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $137.64.

Walmart Price Performance

Shares of NASDAQ WMT opened at $127.50 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.24 and a current ratio of 0.79. The company has a market cap of $1.02 trillion, a PE ratio of 46.53, a P/E/G ratio of 4.65 and a beta of 0.66. The business has a 50-day simple moving average of $125.64 and a two-hundred day simple moving average of $115.87. Walmart Inc. has a fifty-two week low of $91.34 and a fifty-two week high of $134.69.

Walmart (NASDAQ:WMT - Get Free Report) last issued its quarterly earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share 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 return on equity of 21.44% and a net margin of 3.07%.The company's quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the company 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. As a group, equities analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 4th. Shareholders of record on Friday, December 11th will be issued a $0.2475 dividend. This represents a $0.99 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Friday, December 11th. Walmart's dividend payout ratio (DPR) is currently 36.13%.

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Company announces its largest U.S. store modernization program — 650+ remodels and ~20 new openings through 2027 to improve layouts, tech, pickup and delivery integration, aimed at accelerating omnichannel sales and same-store traffic. Walmart Modernizes U.S. Stores As Omnichannel Investment Meets Fair Value Estimates
• Positive Sentiment: Walmart is expanding health/weight-management services (Better Care Services) to support customers using or exploring GLP-1s — a higher-margin service layer that can drive pharmacy and virtual-care revenue and deepen customer engagement. Walmart Expands Access to Weight Management Support Services for Customers on or exploring GLP-1s
• Positive Sentiment: Flipkart (Walmart-owned) plans to enter India’s ticketing market for movies and live events, offering a new revenue stream in a fast-growing entertainment sector and strengthening Flipkart’s consumer proposition. Walmart's Flipkart plans foray into India's ticketing market as live events boom
• Positive Sentiment: A small institutional buyer (BCS Wealth Management) increased its WMT stake, a sign of incremental fund interest though not a major ownership shift. BCS Wealth Management Has $1.61 Million Stake in Walmart Inc. $WMT
• Neutral Sentiment: Walmart is refreshing its Great Value private-label packaging — a brand update that can support shelf appeal and private-label mix but is unlikely to move near-term revenue materially. Walmart announces a redesign of its Great Value brand
• Neutral Sentiment: Walmart launched branded fashion collaborations (e.g., a Devil Wears Prada collection) — useful for marketing and traffic but unlikely to be a major earnings driver. Fashion moves: Walmart launches a collection tied to The Devil Wears Prada
• Neutral Sentiment: Commentary on potential Sam’s Club membership fee increases could help U.S. club margins if implemented, but the competitive impact vs. Costco remains uncertain. Will Increased Membership Fees at Walmart's Sam's Club Actually Boost Costco's Stock Instead?
• Negative Sentiment: Several senior executives sold shares over April 15–16 (EVPs Daniel Bartlett and Christopher Nicholas, and CEO John Furner). Each sale was small relative to holdings and executed under pre-arranged Rule 10b5-1 plans, but the headline risk can create short-term selling pressure or negative investor perception. Daniel J. Bartlett Form 4 Christopher James Nicholas Form 4 John R. Furner Form 4

Walmart Company 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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