Greenwood Gearhart LLC Has $71.34 Million Position in Walmart Inc. $WMT

Key Points

• Greenwood Gearhart LLC trimmed its Walmart stake by 2.9% in the first quarter, but still held 574,070 shares valued at about $71.3 million. Walmart remains a meaningful position, making up 3.9% of the firm’s portfolio.
• Walmart’s latest quarterly results were solid: it matched EPS estimates at $0.66 and posted $177.75 billion in revenue, topping expectations and rising 7.4% year over year. The company also maintained its FY 2027 EPS guidance.
• Analyst sentiment remains generally positive, with multiple firms reiterating buy/outperform ratings, though some have cautioned that Walmart’s premium valuation could limit upside. The stock’s average price target stands at about $138.85.

Greenwood Gearhart LLC reduced its position in shares of Walmart Inc. (NASDAQ:WMT - Free Report) by 2.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 574,070 shares of the retailer's stock after selling 17,184 shares during the period. Walmart makes up 3.9% of Greenwood Gearhart LLC's portfolio, making the stock its 7th biggest holding. Greenwood Gearhart LLC's holdings in Walmart were worth $71,345,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Norges Bank purchased a new position in Walmart during the fourth quarter worth about $6,458,529,000. AQR Capital Management LLC raised its holdings in shares of Walmart by 188.1% in the 3rd quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer's stock valued at $1,199,907,000 after acquiring an additional 7,614,172 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Walmart by 6.8% during the 4th quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer's stock valued at $11,426,753,000 after acquiring an additional 6,517,394 shares during the last quarter. Capital International Investors bought a new stake in shares of Walmart during the 4th quarter valued at about $592,848,000. Finally, Vanguard Group Inc. grew its holdings in shares of Walmart by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer's stock worth $49,015,626,000 after purchasing an additional 4,304,436 shares in the last quarter. Institutional investors own 26.76% of the company's stock.

Walmart Stock Performance

WMT stock opened at $114.24 on Monday. The company has a market capitalization of $909.13 billion, a PE ratio of 40.08, a price-to-earnings-growth ratio of 4.26 and a beta of 0.60. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.77. Walmart Inc. has a one year low of $94.43 and a one year high of $135.15. The company's 50 day moving average price is $118.82 and its two-hundred day moving average price is $122.11.

Walmart (NASDAQ:WMT - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $177.75 billion during the quarter, compared to analysts' expectations of $174.84 billion. During the same quarter in the prior year, the company earned $0.61 EPS. The firm's revenue was up 7.4% on a year-over-year basis. 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, analysts predict that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Insider Buying and Selling at Walmart

In other Walmart news, EVP David W. Guggina sold 11,978 shares of the company's stock in a transaction dated 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 sale, the executive vice president directly owned 125,067 shares in the company, valued at $14,985,527.94. This represents a 8.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $118.63, for a total value 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 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 quarter, insiders sold 87,145 shares of company stock valued at $10,691,920. 0.09% of the stock is currently owned by insiders.

Walmart News Roundup

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: June U.S. retail sales held up, suggesting consumers are still spending as Walmart heads into the back-to-school season; that could support traffic and sales volumes if the company remains aggressive on pricing. Retail Sales Hold Up as Walmart and Amazon Go Back to School
• Neutral Sentiment: Walmart is also being discussed in multiple market and analyst roundups, with commentary focusing on its strong digital growth and role as a defensive stock, but these pieces do not appear to include a major new business update. Walmart Commands a 36.74X Forward P/E: Is the Stock Worth Buying?
• Neutral Sentiment: An article about AI and retail highlighted that Walmart is investing in automation while still emphasizing workers, which reinforces its long-term strategy but is unlikely to move the stock on its own. Walmart's people chief says these 10 jobs are still hot in the age of AI
• Negative Sentiment: Some analysts argue Walmart’s premium valuation leaves limited room for disappointment, with one note saying momentum alone may not justify the stock’s high forward P/E. Walmart's Momentum Cannot Justify The Premium
• Negative Sentiment: Walmart has also been the subject of bearish commentary saying the recent sell-off may not be over, adding to investor caution around the shares. Walmart: The Sell-Off Isn't Over Yet (Rating Upgrade)

Analysts Set New Price Targets

Several research firms recently weighed in on WMT. BTIG Research restated a "buy" rating and issued a $145.00 price objective on shares of Walmart in a research report on Wednesday, June 3rd. BMO Capital Markets reissued an "outperform" rating on shares of Walmart in a research note on Friday, May 22nd. Weiss Ratings reissued a "buy (b)" rating on shares of Walmart in a research note on Monday, April 20th. Erste Group Bank downgraded shares of Walmart from a "buy" rating to a "hold" rating in a report on Friday, June 5th. Finally, BNP Paribas Exane cut their target price on shares of Walmart from $147.00 to $146.00 and set an "outperform" rating for the company in a research report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target 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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