NBT Bank N A NY Grows Stock Position in Walmart Inc. $WMT

Key Points

• NBT Bank N A NY increased its Walmart stake by 10% in the first quarter, buying 11,544 additional shares and bringing its total holdings to 127,379 shares valued at about $15.8 million.
• Walmart reported solid quarterly results, with EPS of $0.66 matching estimates and revenue of $177.75 billion beating expectations; revenue rose 7.4% year over year.
• Wall Street remains broadly bullish on WMT, with the stock carrying a consensus “Moderate Buy” rating and an average price target of $138.85, despite some concerns about valuation and near-term margin pressure from discounting.

NBT Bank N A NY lifted its position in shares of Walmart Inc. (NASDAQ:WMT - Free Report) by 10.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 127,379 shares of the retailer's stock after acquiring an additional 11,544 shares during the quarter. Walmart accounts for approximately 1.0% of NBT Bank N A NY's portfolio, making the stock its 23rd largest holding. NBT Bank N A NY's holdings in Walmart were worth $15,831,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of WMT. Entrust Financial LLC acquired a new stake in shares of Walmart during the 4th quarter valued at approximately $27,000. Merkkuri Wealth Advisors LLC acquired a new position in shares of Walmart in the 1st quarter valued at $29,000. Beacon Financial Strategies CORP acquired a new position in Walmart in the fourth quarter valued at $30,000. Bay Harbor Wealth Management LLC raised its holdings in shares of Walmart by 57.4% in the 4th quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer's stock worth $32,000 after purchasing an additional 105 shares during the period. Finally, Clayton Financial Group LLC lifted its stake in shares of Walmart by 193.0% in the 4th quarter. Clayton Financial Group LLC now owns 293 shares of the retailer's stock valued at $33,000 after purchasing an additional 193 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

Walmart Stock Performance

WMT traded up $1.71 on Tuesday, hitting $112.36. 5,126,548 shares of the company's stock were exchanged, compared to its average volume of 26,004,516. The firm has a market cap of $894.14 billion, a PE ratio of 39.48, a P/E/G ratio of 4.17 and a beta of 0.60. Walmart Inc. has a twelve month low of $94.23 and a twelve month high of $135.15. The stock has a fifty day moving average of $122.15 and a two-hundred day moving average of $122.11. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42.

Walmart (NASDAQ:WMT - Get Free Report) last issued its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, hitting the consensus estimate of $0.66. The firm 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 firm's revenue for the quarter was up 7.4% on a year-over-year basis. During the same period last year, the company earned $0.61 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. On average, research analysts anticipate that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on WMT shares. BNP Paribas Exane decreased their price target 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. Piper Sandler reiterated an "overweight" rating on shares of Walmart in a research note on Monday, June 8th. Truist Financial set a $140.00 price target on Walmart in a report on Thursday, May 21st. Guggenheim increased their price objective on shares of Walmart from $120.00 to $137.00 and gave the company a "buy" rating in a research report on Monday, April 13th. Finally, UBS Group set a $141.00 price objective on shares of Walmart and gave the company a "buy" rating in a research note on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $138.85.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart is getting attention for its growing e-commerce and membership momentum at Sam’s Club, with faster fulfillment and stronger digital sales supporting the case that the company can keep expanding despite cost pressure.
• Positive Sentiment: Analysts and industry commentary continue to point to Walmart’s scale, higher-margin businesses, and advertising growth as offsetting factors that could help sustain earnings resilience. Article Title
• Neutral Sentiment: Several items focus on Walmart as a defensive retail name amid questions about U.S. consumer strength, suggesting investors are still viewing WMT as a potential relative winner if spending slows.
• Neutral Sentiment: Market commentary also notes that Walmart’s valuation remains elevated, which may limit upside in the short term even if fundamentals stay solid.
• Negative Sentiment: The biggest headline driver is Walmart’s decision to cut prices on hundreds of summer barbecue essentials, including beef, soda, and snacks, after President Trump said the move came at his administration’s request. That may pressure margins near term and has drawn attention to pricing pressure at the company.
• Negative Sentiment: Investors may also be reacting to the broader message that Walmart is leaning harder into discounting, which could reinforce concerns that competitive pricing could weigh on profitability even if it supports traffic. Article Title

Insider Activity

In other Walmart news, CEO John R. Furner sold 13,125 shares of the business's stock in a transaction dated 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 directly owned 674,162 shares in the company, valued at approximately $84,162,384.08. The trade was a 1.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Latriece Watkins sold 11,000 shares of the firm's stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $118.97, for a total value of $1,308,670.00. Following the transaction, the executive vice president directly owned 120,203 shares of the company's stock, valued at $14,300,550.91. This represents a 8.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 104,505 shares of company stock worth $12,858,514 in the last 90 days. 0.09% of the stock is currently owned by corporate insiders.

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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