Gibraltar Capital Management Inc. Sells 9,254 Shares of Walmart Inc. $WMT

Key Points

• Gibraltar Capital Management trimmed its Walmart position by 10.8%, selling 9,254 shares and leaving 76,759 shares worth about $8.55 million (Walmart is 1.5% of the fund and its 21st largest holding).
• Notable insider selling: EVP Donna Morris sold 76,181 shares at an average of $123.79 and EVP Christopher J. Nicholas sold 34,082 shares at $122, with insiders selling 263,376 shares (~$32.85 million) in the last 90 days.
• Analyst and results context: Wall Street has a consensus "Buy" on WMT (target ~$137.79) after a modest quarterly beat (EPS $0.74 vs. $0.73) and FY27 guidance of $2.75–$2.85, while the stock yields about 0.8% annually.

Gibraltar Capital Management Inc. lowered its position in shares of Walmart Inc. (NASDAQ:WMT - Free Report) by 10.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 76,759 shares of the retailer's stock after selling 9,254 shares during the quarter. Walmart comprises 1.5% of Gibraltar Capital Management Inc.'s investment portfolio, making the stock its 21st biggest holding. Gibraltar Capital Management Inc.'s holdings in Walmart were worth $8,552,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Fox Run Management L.L.C. bought a new stake in Walmart during the third quarter worth about $1,709,000. Harel Insurance Investments & Financial Services Ltd. lifted its stake in Walmart by 16.6% during the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 63,782 shares of the retailer's stock worth $6,567,000 after purchasing an additional 9,061 shares during the last quarter. Van ECK Associates Corp lifted its stake in Walmart by 2.9% during the third quarter. Van ECK Associates Corp now owns 1,010,886 shares of the retailer's stock worth $104,182,000 after purchasing an additional 28,026 shares during the last quarter. Tennessee Valley Asset Management Partners lifted its stake in Walmart by 466.6% during the third quarter. Tennessee Valley Asset Management Partners now owns 13,343 shares of the retailer's stock worth $1,375,000 after purchasing an additional 10,988 shares during the last quarter. Finally, Tradewinds LLC. bought a new stake in Walmart during the third quarter worth about $11,077,000. Institutional investors own 26.76% of the company's stock.

Insider Activity at Walmart

In related news, EVP Donna Morris sold 76,181 shares of the business's stock in a transaction dated 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 $49,772,492.88. The trade was a 15.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Christopher James Nicholas sold 34,082 shares of the business's stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $122.00, for a total value of $4,158,004.00. Following the transaction, the executive vice president owned 533,466 shares in the company, valued at approximately $65,082,852. This represents a 6.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 263,376 shares of company stock worth $32,851,650 over the last 90 days. 0.10% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on WMT. Citigroup reiterated a "buy" rating and issued a $147.00 price objective (up from $120.00) on shares of Walmart in a report on Thursday, February 5th. HSBC downgraded Walmart from a "buy" rating to a "hold" rating and lifted their price objective for the stock from $122.00 to $131.00 in a report on Friday, February 20th. Raymond James Financial reiterated an "outperform" rating and issued a $135.00 price objective on shares of Walmart in a report on Friday, March 6th. Barclays reiterated an "overweight" rating and issued a $125.00 price objective (up from $108.00) on shares of Walmart in a report on Thursday, January 8th. Finally, Erste Group Bank upgraded Walmart from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 2nd. Two research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $137.79.

Walmart Stock Down 0.3%

Shares of NASDAQ:WMT opened at $131.60 on Friday. Walmart Inc. has a 1 year low of $91.89 and a 1 year high of $134.69. The company has a market cap of $1.05 trillion, a PE ratio of 48.03, a P/E/G ratio of 4.91 and a beta of 0.65. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.79 and a quick ratio of 0.24. The stock's 50-day moving average is $125.60 and its 200 day moving average is $117.56.

Walmart (NASDAQ:WMT - Get Free Report) last announced its quarterly earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.73 by $0.01. Walmart had a return on equity of 21.44% and a net margin of 3.07%.The company had revenue of $190.66 billion for the quarter, compared to the consensus estimate of $188.37 billion. During the same quarter in the previous year, the business earned $0.66 EPS. Walmart's revenue was up 5.6% compared to the same quarter last year. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. Sell-side analysts anticipate that Walmart Inc. will post 2.89 EPS for the current year.

Walmart Dividend Announcement

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

Walmart News Roundup

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart announced a third U.S. milk-processing facility, a $350 million investment to boost domestic dairy supply and vertical integration, which should cut supply-chain risk and support grocery margins. Walmart opens third U.S. milk processing facility with $350 million investment
• Positive Sentiment: Walmart earmarked millions for multiple Arizona store upgrades — investments that can boost traffic, comps and localized competitiveness. Walmart earmarks millions for multiple Arizona store upgrades
• Positive Sentiment: Institutional investor Alecta increased its Walmart stake by ~406,400 shares, a sign of confidence from a large pension investor. Alecta Pensionsforsakring Boosts Walmart Stake by 406,400 Shares
• Positive Sentiment: Walmart is expanding local-product assortments (e.g., region-specific coffee/beans) to better serve price‑sensitive consumers and differentiate merchandising — a low-cost way to improve basket relevance. Walmart Eyes Local Products as National Consumer Mood Sours
• Neutral Sentiment: Coverage and analyst pieces debate Walmart vs. Costco and reiterate bullish theses on WMT’s e‑commerce gains and higher‑income customer mix — these keep sentiment constructive but don’t change fundamentals immediately. Better Buy: Walmart or Costco Stock
• Neutral Sentiment: Several bullish write-ups (Yahoo/InsiderMonkey summarizing a Substack thesis) highlight valuation and growth arguments; useful for sentiment but not new company action. Is Walmart Inc. (WMT) A Good Stock To Buy Now?
• Neutral Sentiment: Walmart’s Acres for America grants program awarded $5.4M in conservation grants — positive for ESG profile but limited direct financial impact. NFWF Announces $5.4 Million in Grants from Walmart's Acres for America Program
• Neutral Sentiment: Internal leadership redesign (changes to store-lead roles and retention moves for high-paid managers) suggests workforce optimization; could reduce costs or create short-term disruption depending on execution. Walmart redesigns its leadership pipeline as managers making $400K stay for longer

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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