Lazard Asset Management LLC increased its stake in shares of Walmart Inc. (NASDAQ:WMT - Free Report) by 28.0% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 766,542 shares of the retailer's stock after purchasing an additional 167,745 shares during the period. Lazard Asset Management LLC's holdings in Walmart were worth $95,266,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in shares of Walmart by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer's stock valued at $49,015,626,000 after buying an additional 4,304,436 shares during the period. State Street Corp lifted its stake in Walmart by 1.2% during the 3rd quarter. State Street Corp now owns 184,805,978 shares of the retailer's stock worth $19,046,104,000 after acquiring an additional 2,242,364 shares in the last quarter. Geode Capital Management LLC boosted its holdings in 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 period. Norges Bank purchased a new position in Walmart during the 4th quarter valued at about $6,458,529,000. Finally, Fisher Asset Management LLC grew its position in Walmart by 0.8% in the 4th quarter. Fisher Asset Management LLC now owns 40,626,852 shares of the retailer's stock valued at $4,526,238,000 after acquiring an additional 328,229 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.
Walmart Price Performance
Shares of NASDAQ WMT opened at $111.74 on Tuesday. The stock's 50-day moving average is $116.31 and its two-hundred day moving average is $122.02. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.23. Walmart Inc. has a 1-year low of $95.42 and a 1-year high of $135.15. The company has a market cap of $889.24 billion, a price-to-earnings ratio of 39.21, a price-to-earnings-growth ratio of 4.08 and a beta of 0.60.
Walmart (NASDAQ:WMT - Get Free Report) last posted its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.66. The company 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%.Walmart's revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.61 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Analysts forecast that Walmart Inc. will post 2.89 EPS for the current fiscal year.
Walmart News Roundup
Here are the key news stories impacting Walmart this week:
- Positive Sentiment: Market momentum and investor interest: Walmart outperformed the broader market during the latest session, providing a near-term boost to the stock. Walmart Beats Stock Market Upswing: What Investors Need to Know
- Positive Sentiment: Higher-income customer gains: Walmart is attracting more affluent shoppers through low prices, faster delivery and a broader product assortment. Sustaining this customer mix could support sales growth and improve the company’s competitive position. Can Walmart Sustain Gains Among Higher-Income Customers?
- Positive Sentiment: AI and efficiency potential: Walmart is using artificial intelligence behind the scenes to improve efficiency and reduce costs rather than selling AI products directly. Recent earnings strength and favorable analyst ratings add support to the investment case. These 3 AI Winners Don’t Sell the Tech—They Use It
- Positive Sentiment: Scale and supply-chain initiatives: Walmart, General Mills and ADM launched a regenerative agriculture program covering 40,000 Midwest wheat acres. While not an immediate earnings driver, the effort could strengthen Walmart’s supply-chain relationships and support its sustainability reputation. Walmart Launches Regenerative Agriculture Effort
- Neutral Sentiment: Recent fundamentals: Walmart’s latest quarterly revenue exceeded expectations, while earnings per share met consensus estimates. Revenue growth and the company’s scale remain supportive, although the stock’s elevated valuation makes continued execution important.
- Negative Sentiment: Valuation risk: Commentary warns that Walmart trades at a premium relative to projected forward earnings. Its scale provides a durable cost advantage, but the rich valuation leaves less room for disappointing growth or margins. Walmart Is at $108: Why Investors Should Pause
Analyst Upgrades and Downgrades
A number of analysts have issued reports on WMT shares. Freedom Capital upgraded shares of Walmart from a "strong sell" rating to a "hold" rating in a research note on Thursday, May 21st. Guggenheim raised their price objective on shares of Walmart from $120.00 to $137.00 and gave the company a "buy" rating in a research note on Monday, April 13th. Sanford C. Bernstein restated an "outperform" rating on shares of Walmart in a report on Monday, June 8th. Tigress Financial restated a "buy" rating and issued a $155.00 price objective (up from $150.00) on shares of Walmart in a report on Friday, May 29th. Finally, Piper Sandler reaffirmed an "overweight" rating on shares of Walmart in a research note on Monday, June 8th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Walmart currently has an average rating of "Moderate Buy" and a consensus target price of $138.65.
View Our Latest Analysis on Walmart
Insider Transactions at Walmart
In related news, EVP David W. Guggina sold 11,978 shares of the firm's stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total value of $1,435,203.96. Following the sale, the executive vice president owned 125,067 shares of the company's stock, valued at $14,985,527.94. This trade represents a 8.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Latriece Watkins sold 11,000 shares of Walmart stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $118.97, for a total transaction of $1,308,670.00. Following the completion of the transaction, the executive vice president 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 67,729 shares of company stock valued at $8,124,931 over the last quarter. Insiders own 0.09% of the company's stock.
About Walmart
(
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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