Kingsview Wealth Management LLC bought a new position in shares of Walmart Inc. (NASDAQ:WMT - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 167,885 shares of the retailer's stock, valued at approximately $19,015,000.
Other large investors also recently bought and sold shares of the company. State Street Corp boosted its stake in shares of Walmart by 1.2% in the 3rd quarter. State Street Corp now owns 184,805,978 shares of the retailer's stock valued at $19,046,104,000 after buying an additional 2,242,364 shares during the period. Geode Capital Management LLC raised its holdings in shares of Walmart by 6.8% in 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 purchasing an additional 6,517,394 shares in the last quarter. Bank of America Corp DE purchased a new stake in shares of Walmart during the 2nd quarter worth $7,455,131,000. Norges Bank acquired a new position in shares of Walmart during the fourth quarter worth $6,458,529,000. Finally, Fisher Asset Management LLC increased its holdings in Walmart by 0.8% in the fourth quarter. Fisher Asset Management LLC now owns 40,626,852 shares of the retailer's stock valued at $4,526,238,000 after buying an additional 328,229 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.
Analyst Ratings Changes
A number of brokerages have issued reports on WMT. Evercore set a $125.00 price target on Walmart in a report on Friday, August 21st. Citigroup dropped their price objective on Walmart from $147.00 to $132.00 and set a "buy" rating on the stock in a report on Friday, August 21st. BMO Capital Markets reissued an "outperform" rating and set a $126.00 target price on shares of Walmart in a research report on Friday, August 21st. Jefferies Financial Group restated a "buy" rating and set a $120.00 target price on shares of Walmart in a research note on Friday, August 21st. Finally, Weiss Ratings downgraded Walmart from a "buy (b)" rating to a "buy (b-)" rating in a report on Friday, July 31st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Walmart has an average rating of "Moderate Buy" and an average price target of $131.88.
Check Out Our Latest Analysis on Walmart
Walmart News Roundup
Here are the key news stories impacting Walmart this week:
- Positive Sentiment: Walmart agreed to pay $50 million to settle U.S. Justice Department allegations involving improperly filled opioid prescriptions. Although the settlement carries a financial cost and reputational risk, it is viewed favorably because it resolves litigation that had exposed the company to potentially billions of dollars in civil penalties. Walmart described the payment as immaterial. Walmart escapes major legal penalty for a fraction of the cost
- Positive Sentiment: Walmart’s U.S. marketplace sales increased 52%, supported by a broader product selection, greater use of fulfillment services and international expansion in Mexico and Canada. Sustaining this momentum could improve e-commerce growth and marketplace profitability. Walmart's Marketplace Momentum Builds
- Positive Sentiment: Tigress Financial reaffirmed its buy rating and set a $155 price target, implying substantial upside from recent trading levels. This reflects confidence in Walmart’s long-term earnings and growth prospects. Benzinga analyst rating
- Neutral Sentiment: Commentary highlights Walmart’s 53-year record of dividend increases and notes that the stock is well below its peak. However, its dividend yield remains relatively low and its valuation is still elevated compared with the broader market. Walmart dividend analysis
- Negative Sentiment: Erste Group Bank lowered its fiscal 2027 EPS estimates, signaling expectations for slower earnings growth or increased cost pressure. Walmart’s recent earnings-related share-price weakness also indicates that investors remain sensitive to the company’s premium valuation. FY2027 EPS Estimates for Walmart Cut
Walmart Stock Performance
NASDAQ WMT opened at $104.87 on Tuesday. The company has a fifty day moving average of $111.65 and a two-hundred day moving average of $120.24. The company has a market capitalization of $834.56 billion, a PE ratio of 37.86, a P/E/G ratio of 3.92 and a beta of 0.61. Walmart Inc. has a 1 year low of $95.79 and a 1 year high of $135.15. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.23.
Walmart (NASDAQ:WMT - Get Free Report) last posted its earnings results on Thursday, August 20th. The retailer reported $0.81 EPS for the quarter, topping analysts' consensus estimates of $0.74 by $0.07. Walmart had a return on equity of 21.83% and a net margin of 3.00%.The business had revenue of $187.94 billion for the quarter, compared to analysts' expectations of $186.64 billion. During the same quarter in the previous year, the firm earned $0.68 earnings per share. The business's revenue was up 5.9% compared to the same quarter last year. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. As a group, analysts expect that Walmart Inc. will post 2.87 earnings per share for the current year.
Insider Transactions at Walmart
In other news, EVP Christopher James Nicholas sold 2,900 shares of the stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $106.34, for a total value of $308,386.00. Following the completion of the sale, the executive vice president directly owned 569,153 shares of the company's stock, valued at approximately $60,523,730.02. This represents a 0.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel Danker sold 50,644 shares of the firm's stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $105.35, for a total transaction of $5,335,345.40. Following the transaction, the executive vice president owned 201,672 shares in the company, valued at approximately $21,246,145.20. This trade represents a 20.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 77,292 shares of company stock worth $8,421,143. 0.09% of the stock is currently owned by corporate insiders.
Walmart Profile
(
Free Report)
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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