Pinpoint Asset Management Singapore Pte. Ltd. Invests $915,000 in Walmart Inc. $WMT

Key Points

• Pinpoint Asset Management Singapore bought a new stake in Walmart, acquiring 8,876 shares valued at about $915,000 in the third quarter.
• Insider selling has been notable — CEO John R. Furner and Director C. Douglas McMillon recently sold shares, and insiders disposed of 279,703 shares (~$34.14M) over the past 90 days — even as large institutions like Norges Bank, Vanguard and Laurel Wealth made significant purchases or increases.
• Analysts are broadly positive with a consensus "Moderate Buy" and a $135.76 target; Walmart recently beat EPS and revenue estimates, set FY2027 guidance of $2.75–$2.85 EPS, and trades near a $987 billion market cap with a 0.8% dividend yield.

Pinpoint Asset Management Singapore Pte. Ltd. purchased a new stake in Walmart Inc. (NASDAQ:WMT - Free Report) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 8,876 shares of the retailer's stock, valued at approximately $915,000.

A number of other institutional investors have also modified their holdings of the business. Norges Bank acquired a new position in Walmart during the 2nd quarter valued at approximately $5,367,770,000. Laurel Wealth Advisors LLC increased its position in Walmart by 9,648.7% in the second quarter. Laurel Wealth Advisors LLC now owns 11,486,374 shares of the retailer's stock worth $1,123,138,000 after buying an additional 11,368,549 shares during the period. Vanguard Group Inc. increased its position in Walmart by 1.4% in the second quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer's stock worth $42,223,116,000 after buying an additional 5,856,468 shares during the period. Amundi lifted its stake in Walmart by 23.5% in the second quarter. Amundi now owns 19,493,644 shares of the retailer's stock valued at $1,902,775,000 after buying an additional 3,710,506 shares during the last quarter. Finally, Holocene Advisors LP bought a new stake in Walmart in the second quarter valued at $273,784,000. Institutional investors own 26.76% of the company's stock.

Insiders Place Their Bets

In other Walmart news, CEO John R. Furner sold 13,125 shares of the business's stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $129.10, for a total value of $1,694,437.50. Following the sale, the chief executive officer directly owned 591,084 shares in the company, valued at approximately $76,308,944.40. The trade was a 2.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director C Douglas Mcmillon sold 19,416 shares of the company's stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $126.71, for a total transaction of $2,460,201.36. Following the completion of the sale, the director directly owned 4,023,209 shares of the company's stock, valued at $509,780,812.39. The trade was a 0.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 279,703 shares of company stock valued at $34,140,843. 0.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on WMT. Barclays reissued an "overweight" rating and set a $125.00 target price (up from $108.00) on shares of Walmart in a research note on Thursday, January 8th. BMO Capital Markets reaffirmed an "outperform" rating on shares of Walmart in a report on Wednesday, January 14th. Wells Fargo & Company reiterated an "overweight" rating and set a $140.00 price objective (up from $130.00) on shares of Walmart in a research report on Tuesday, February 10th. Argus raised Walmart to a "strong-buy" rating in a report on Wednesday, February 18th. Finally, Mizuho raised their target price on Walmart from $125.00 to $137.00 and gave the company an "outperform" rating in a research report on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $135.76.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: OpenAI reportedly pulling back on direct purchases in ChatGPT could send more checkout traffic to retailer apps, giving Walmart’s commerce and app ecosystem an advantage. ChatGPT's Retail Retreat Hands Walmart An AI Advantage: Analyst
• Positive Sentiment: Analyst commentary and re‑rated fair‑value models are lifting the tech/AI narrative around Walmart, producing higher price targets and supporting upside expectations from investors focused on digital and ads monetization. How Walmart (WMT) Is Rewriting Its Story With Tech, AI And A Richer Valuation Debate
• Positive Sentiment: Company execution reminders — new store formats and ongoing omnichannel growth — reinforce the core retail case that underpins earnings stability. Walmart Opens Next Generation Supercenter in The Villages
• Neutral Sentiment: Investor attention is high — search and readership spikes (Zacks/Yahoo) and conference transcripts give analysts more to parse but contain no single market‑moving surprise. Investors Heavily Search Walmart Inc. (WMT): Here is What You Need to Know
• Negative Sentiment: A reported sale by a 10% Walmart owner totaling roughly $136.45M adds supply pressure and can prompt short‑term negative sentiment despite not reflecting company fundamentals. 10% Owner Of Walmart Sold $136.45M In Stock
• Negative Sentiment: Analyses highlight a cautious forward outlook and attention to a ~$100M regulatory settlement tied to the Spark Driver program — both factors that pressured the stock in recent sessions. Walmart slides as cautious outlook and regulatory settlement weigh on sentiment
• Negative Sentiment: Ongoing tariff and import risks remain a margin headwind risk given Walmart’s large import footprint; rising trade frictions could pressure costs if not passed to customers. Walmart: Navigating A Bumpy Tariff Environment

Walmart Trading Up 0.4%

Walmart stock opened at $123.80 on Monday. The firm has a 50 day simple moving average of $121.87 and a 200-day simple moving average of $111.06. 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 has a market capitalization of $986.71 billion, a PE ratio of 45.18, a price-to-earnings-growth ratio of 4.61 and a beta of 0.66. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $134.69.

Walmart (NASDAQ:WMT - Get Free Report) last announced its earnings results on Thursday, February 19th. The retailer reported $0.74 EPS for the quarter, topping the consensus estimate of $0.73 by $0.01. The firm had revenue of $190.66 billion for the quarter, compared to analysts' expectations of $188.37 billion. Walmart had a return on equity of 21.44% and a net margin of 3.07%.The firm's quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.66 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. As a group, equities research analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.