Walmart Inc. $WMT Shares Sold by Evelyn Partners Investment Management LLP

Key Points

• Evelyn Partners Investment Management LLP reduced its Walmart stake by 6.2% in the first quarter, selling 14,772 shares and retaining 222,464 shares valued at approximately $27.6 million. Institutional investors collectively own 26.76% of Walmart.
• Walmart insiders sold 67,729 shares worth about $8.1 million over the past 90 days, including sales by EVP Latriece Watkins and director C. Douglas McMillon. Insiders continue to hold only 0.09% of the company.
• Walmart exceeded revenue expectations in its latest quarter, reporting $177.75 billion in revenue and $0.66 EPS, while analysts maintain a “Moderate Buy” consensus with an average price target of $138.65. However, its elevated valuation—around 39 times earnings—remains a key risk.

Evelyn Partners Investment Management LLP lessened its stake in shares of Walmart Inc. (NASDAQ:WMT - Free Report) by 6.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 222,464 shares of the retailer's stock after selling 14,772 shares during the quarter. Evelyn Partners Investment Management LLP's holdings in Walmart were worth $27,648,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in WMT. Merkkuri Wealth Advisors LLC purchased a new stake in shares of Walmart during the first quarter worth about $29,000. Entrust Financial LLC acquired a new position in shares of Walmart in the fourth quarter valued at approximately $27,000. Bay Harbor Wealth Management LLC lifted its stake in shares of Walmart by 57.4% during the fourth quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer's stock valued at $32,000 after buying an additional 105 shares during the period. Clayton Financial Group LLC lifted its stake in shares of Walmart by 193.0% during the fourth quarter. Clayton Financial Group LLC now owns 293 shares of the retailer's stock valued at $33,000 after buying an additional 193 shares during the period. Finally, Sankala Group LLC acquired a new stake in Walmart during the fourth quarter worth approximately $33,000. Institutional investors and hedge funds own 26.76% of the company's stock.

Insider Transactions at Walmart

In other news, EVP Latriece Watkins sold 11,000 shares of the firm's stock in a transaction dated Thursday, May 28th. The stock was 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 in the company, valued at $14,300,550.91. This trade represents a 8.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $118.63, for a total value of $2,303,320.08. Following the completion of the transaction, the director directly owned 4,174,579 shares in the company, valued at $495,230,306.77. This represents a 0.46% 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. Insiders have sold 67,729 shares of company stock valued at $8,124,931 in the last ninety days. Company insiders own 0.09% of the company's stock.

Key Headlines Impacting Walmart

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

Walmart Stock Performance

NASDAQ:WMT opened at $111.74 on Tuesday. The company has a market cap of $889.24 billion, a P/E ratio of 39.21, a P/E/G ratio of 4.08 and a beta of 0.60. The firm's 50 day moving average is $116.31 and its two-hundred day moving average is $122.02. Walmart Inc. has a fifty-two week low of $95.42 and a fifty-two week high of $135.15. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42.

Walmart (NASDAQ:WMT - Get Free Report) last announced its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share (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 net margin of 3.13% and a return on equity of 21.25%. The business's quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the previous 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 expect that Walmart Inc. will post 2.89 EPS for the current year.

Analysts Set New Price Targets

Several analysts have commented on the stock. BTIG Research reaffirmed a "buy" rating and issued a $145.00 target price on shares of Walmart in a research note on Wednesday, June 3rd. BNP Paribas Exane lowered their price objective on Walmart from $147.00 to $146.00 and set an "outperform" rating for the company in a research report on Friday, May 22nd. UBS Group set a $141.00 target price on Walmart and gave the company a "buy" rating in a research note on Friday, May 22nd. Morgan Stanley increased their target price on Walmart from $135.00 to $140.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 22nd. Finally, Wolfe Research reissued an "outperform" rating and issued a $137.00 price target (up from $135.00) on shares of Walmart in a research note on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $138.65.

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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