Walmart Inc. $WMT Shares Sold by Dearborn Partners LLC

Key Points

• Dearborn Partners LLC cut its Walmart stake by 32.5% in the fourth quarter, selling 137,145 shares and leaving it with 284,670 shares worth about $31.7 million. Walmart remains the fund’s 18th largest holding.
• Walmart’s latest earnings were solid, with quarterly EPS of $0.66 matching estimates and revenue of $177.75 billion topping expectations. Revenue rose 7.4% year over year, and the company reiterated full-year and next-quarter guidance.
• Wall Street remains broadly positive on WMT, with a consensus “Moderate Buy” rating and an average price target of $138.85. Several analysts recently raised or reaffirmed bullish targets, while insiders also continued selling shares under prearranged trading plans.

Dearborn Partners LLC decreased its position in Walmart Inc. (NASDAQ:WMT - Free Report) by 32.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 284,670 shares of the retailer's stock after selling 137,145 shares during the quarter. Walmart comprises about 1.6% of Dearborn Partners LLC's holdings, making the stock its 18th largest position. Dearborn Partners LLC's holdings in Walmart were worth $31,715,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Fox Run Management L.L.C. acquired a new position in shares of Walmart during the 3rd quarter valued at about $1,709,000. Vise Technologies Inc. increased its stake in shares of Walmart by 42.1% during the 4th quarter. Vise Technologies Inc. now owns 275,341 shares of the retailer's stock valued at $30,676,000 after acquiring an additional 81,635 shares during the last quarter. Van ECK Associates Corp increased its stake in shares of Walmart by 2.9% during the 3rd quarter. Van ECK Associates Corp now owns 1,010,886 shares of the retailer's stock valued at $104,182,000 after acquiring an additional 28,026 shares during the last quarter. Life Cycle Investment Partners Ltd purchased a new stake in shares of Walmart during the 4th quarter worth about $40,855,000. Finally, Tennessee Valley Asset Management Partners grew its holdings in shares of Walmart by 466.6% during the 3rd quarter. Tennessee Valley Asset Management Partners now owns 13,343 shares of the retailer's stock worth $1,375,000 after purchasing an additional 10,988 shares during the period. Institutional investors and hedge funds own 26.76% of the company's stock.

Walmart Stock Performance

Walmart stock opened at $118.88 on Friday. The stock has a market cap of $946.06 billion, a P/E ratio of 41.71, a price-to-earnings-growth ratio of 4.44 and a beta of 0.59. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The stock has a 50 day moving average of $125.62 and a 200-day moving average of $121.07. Walmart Inc. has a 52 week low of $93.43 and a 52 week high of $135.15.

Walmart (NASDAQ:WMT - Get Free Report) last released its earnings results on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, meeting the consensus estimate of $0.66. The company had revenue of $177.75 billion during the quarter, compared to analysts' expectations of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The business's revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the business posted $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. On average, analysts expect that Walmart Inc. will post 2.89 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on WMT. Roth Mkm reiterated a "buy" rating and set a $138.00 target price on shares of Walmart in a report on Friday, February 20th. Tigress Financial reiterated a "buy" rating and set a $155.00 target price (up from $150.00) on shares of Walmart in a report on Friday, May 29th. DA Davidson set a $150.00 target price on Walmart and gave the stock a "buy" rating in a report on Friday, February 20th. Morgan Stanley boosted their target price on Walmart from $135.00 to $140.00 and gave the stock an "overweight" rating in a report on Wednesday, April 22nd. Finally, Wells Fargo & Company restated an "overweight" rating and issued a $140.00 price target (up from $130.00) on shares of Walmart in a report on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $138.85.

Insider Activity at Walmart

In related news, EVP Daniel J. Bartlett sold 1,335 shares of the company's stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $124.63, for a total transaction of $166,381.05. Following the sale, the executive vice president directly owned 636,843 shares of the company's stock, valued at approximately $79,369,743.09. This represents a 0.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher James Nicholas sold 2,900 shares of the company's stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $123.92, for a total value of $359,368.00. Following the sale, the executive vice president directly owned 577,853 shares in the company, valued at approximately $71,607,543.76. This represents a 0.50% 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. In the last 90 days, insiders sold 117,008 shares of company stock worth $14,492,704. 0.09% of the stock is currently owned by insiders.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart saw unusually heavy call-option buying, with traders purchasing 174,648 calls, about 43% above average volume. That suggests some investors are betting on a rebound or near-term upside.
• Positive Sentiment: Walmart expanded its delivery business by adding Subway meals to its Express Delivery offering, allowing customers to order freshly made food through the Walmart app or website and receive it in as little as 30 minutes. The move could help Walmart boost order frequency, strengthen its convenience proposition, and take a larger share of meal budgets. Walmart Adds Express Delivery From In-Store Restaurants, Starting With Subway®
• Positive Sentiment: Shareholders backed Walmart’s 2026 annual meeting results, and management highlighted strong FY26 performance and its omnichannel model, reinforcing confidence in the company’s growth strategy. Walmart Announces 2026 Annual Shareholders' Meeting Voting Results

Walmart Company 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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