Peregrine Asset Advisers Inc. Has $5.20 Million Holdings in Walmart Inc. $WMT

Key Points

• Peregrine Asset Advisers boosted its Walmart stake by 678% in Q4, adding 40,665 shares to hold 46,663 shares worth $5.20 million, representing 1.5% of its portfolio and its 24th largest holding.
• Insider selling: CEO John R. Furner sold 13,125 shares for about $1.64 million under a Rule 10b5‑1 plan, and insiders have sold 243,376 shares (~$30.4 million) in the past 90 days while owning 0.10% of the stock.
• Results and outlook: Walmart beat Q4 EPS estimates with $0.74 and revenue of $190.66 billion (+5.6% YoY), issued FY2027 guidance of $2.75–2.85 EPS (consensus ~2.89), and trades at roughly a $1.05 trillion market cap with a 48.0 P/E.

Peregrine Asset Advisers Inc. raised its holdings in shares of Walmart Inc. (NASDAQ:WMT - Free Report) by 678.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 46,663 shares of the retailer's stock after buying an additional 40,665 shares during the quarter. Walmart comprises 1.5% of Peregrine Asset Advisers Inc.'s investment portfolio, making the stock its 24th largest holding. Peregrine Asset Advisers Inc.'s holdings in Walmart were worth $5,199,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Vanguard Group Inc. lifted 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 buying an additional 4,304,436 shares during the last quarter. State Street Corp lifted its holdings in shares of Walmart by 1.2% during the third quarter. State Street Corp now owns 184,805,978 shares of the retailer's stock worth $19,046,104,000 after buying an additional 2,242,364 shares during the last quarter. Fisher Asset Management LLC lifted its holdings in shares of Walmart by 1.6% during the third quarter. Fisher Asset Management LLC now owns 40,298,623 shares of the retailer's stock worth $4,153,176,000 after buying an additional 634,211 shares during the last quarter. Legal & General Group Plc lifted its holdings in shares of Walmart by 3.5% during the third quarter. Legal & General Group Plc now owns 27,268,463 shares of the retailer's stock worth $2,810,288,000 after buying an additional 934,468 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in shares of Walmart by 0.4% during the third quarter. Raymond James Financial Inc. now owns 24,990,692 shares of the retailer's stock worth $2,575,541,000 after buying an additional 93,459 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Walmart

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

Insider Transactions at Walmart

In other Walmart news, CEO John R. Furner sold 13,125 shares of the company's stock in a transaction on 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 sale, the chief executive officer directly owned 674,162 shares in the company, valued at $84,162,384.08. This represents a 1.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel J. Bartlett sold 1,335 shares of the company's stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $124.63, for a total value of $166,381.05. Following the completion of the sale, the executive vice president owned 636,843 shares in the company, valued at $79,369,743.09. This trade represents a 0.21% 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. Over the last ninety days, insiders sold 243,376 shares of company stock valued at $30,406,250. 0.10% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. UBS Group reiterated a "buy" rating and set a $147.00 price target (up from $135.00) on shares of Walmart in a report on Friday, February 20th. Rothschild & Co Redburn set a $150.00 price target on Walmart in a report on Tuesday, February 17th. Wall Street Zen lowered Walmart from a "buy" rating to a "hold" rating in a research note on Sunday, January 18th. DA Davidson set a $150.00 target price on Walmart and gave the company a "buy" rating in a research note on Friday, February 20th. Finally, Oppenheimer restated an "outperform" rating and issued a $140.00 target price (up from $125.00) on shares of Walmart in a research note on Monday, February 9th. Two analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Walmart currently has a consensus rating of "Buy" and an average target price of $137.79.

Walmart Stock Performance

Shares of NASDAQ WMT opened at $131.60 on Monday. The business has a fifty day simple moving average of $125.60 and a 200 day simple moving average of $117.74. The company has a current ratio of 0.79, a quick ratio of 0.24 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $1.05 trillion, a price-to-earnings ratio of 48.03, a PEG ratio of 4.90 and a beta of 0.65. Walmart Inc. has a one year low of $91.89 and a one year high of $134.69.

Walmart (NASDAQ:WMT - Get Free Report) last issued its earnings results on Thursday, February 19th. The retailer reported $0.74 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 business had revenue of $190.66 billion during the quarter, compared to analyst estimates of $188.37 billion. During the same period in the prior year, the company posted $0.66 earnings per share. Walmart's revenue was up 5.6% on a year-over-year basis. 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 expect that Walmart Inc. will post 2.89 EPS for the current year.

Walmart Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, January 4th. Shareholders of record on Friday, December 11th will be given a $0.2475 dividend. 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 dividend payout ratio is 36.13%.

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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