Walmart Inc. $WMT Shares Sold by Integrated Advisors Network LLC

Key Points

• Integrated Advisors Network LLC reduced its Walmart stake by 16% in the first quarter, selling 9,891 shares and ending with 52,104 shares worth about $6.48 million.
• Walmart continues to attract strong institutional support overall, with large holders like Vanguard, State Street, Geode, and Norges Bank maintaining major positions; hedge funds and other institutions own 26.76% of the stock.
• Analysts remain broadly positive on Walmart, with a consensus rating of Moderate Buy and an average price target of $138.85, while the company recently reported revenue growth of 7.4% year over year and matched earnings expectations.

Integrated Advisors Network LLC lowered its position in Walmart Inc. (NASDAQ:WMT - Free Report) by 16.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 52,104 shares of the retailer's stock after selling 9,891 shares during the period. Integrated Advisors Network LLC's holdings in Walmart were worth $6,475,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc. grew its holdings in Walmart by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer's stock valued at $49,015,626,000 after purchasing an additional 4,304,436 shares during the period. State Street Corp raised its stake in shares of 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 buying an additional 2,242,364 shares during the period. Geode Capital Management LLC raised its stake in shares of Walmart by 6.8% during the 4th quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer's stock worth $11,426,753,000 after buying an additional 6,517,394 shares during the period. Norges Bank purchased a new position in shares of Walmart during the 4th quarter valued at approximately $6,458,529,000. Finally, Fisher Asset Management LLC lifted its position in shares of Walmart by 0.8% during 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 buying an additional 328,229 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Walmart

In other Walmart news, Director C Douglas Mcmillon sold 19,416 shares of the 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 sale, the director owned 4,174,579 shares in the company, valued at approximately $495,230,306.77. This represents a 0.46% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel J. Bartlett sold 3,775 shares of the firm's stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $109.64, for a total transaction of $413,891.00. Following the completion of the transaction, the executive vice president directly owned 630,009 shares in the company, valued at $69,074,186.76. This trade represents a 0.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 104,505 shares of company stock worth $12,858,514 in the last 90 days. 0.09% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Royal Bank Of Canada reissued an "outperform" rating and issued a $137.00 price target (down from $140.00) on shares of Walmart in a report on Friday, May 22nd. Tigress Financial reaffirmed a "buy" rating and set a $155.00 price objective (up from $150.00) on shares of Walmart in a report on Friday, May 29th. Morgan Stanley lifted their target price on shares of Walmart from $135.00 to $140.00 and gave the company an "overweight" rating in a research report on Wednesday, April 22nd. TD Cowen reissued a "buy" rating and set a $150.00 target price (up from $145.00) on shares of Walmart in a research note on Thursday, May 7th. Finally, Piper Sandler reaffirmed an "overweight" rating on shares of Walmart in a research note on Monday, June 8th. One research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $138.85.

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart’s aggressive price cuts are being viewed as a strategy to win inflation-weary shoppers and strengthen its grocery leadership, which analysts and commentators say could support sales volume and customer loyalty. Walmart stock gains after price cuts as analysts back grocery strategy
• Positive Sentiment: Several pieces framed Walmart as a blue-chip retail winner in volatile markets, with its scale, dividend, and resilient business model making it a preferred defensive name for investors. 3 Blue-Chip Retail Stocks to Trust as Volatility Favors Quality
• Positive Sentiment: Commentary from Jim Cramer and others characterized the recent pullback in WMT as a buying opportunity, suggesting investors may be looking past near-term volatility and focusing on Walmart’s durable earnings profile. Jim Cramer calls Walmart selloff an 'incredible buying opportunity,' says fears 'have gone out the window'
• Neutral Sentiment: Walmart is also being compared favorably with Target and other retailers on revenue consistency and scale, reinforcing its quality profile but without a clear new catalyst. Walmart and Target: Comparing Revenue Consistency and Scale
• Neutral Sentiment: Trump’s public praise for Walmart’s price cuts has added visibility to the stock, but the move is still fundamentally about pricing strategy rather than a direct financial update. President Trump says Walmart will lower prices by 'a lot' — but the retail beast has already been slashing prices
• Negative Sentiment: Some articles warned that deeper discounting could pressure margins, and Walmart also faces ongoing legal headlines, including a $13 million driver-pay settlement and a new AI-related lawsuit. Walmart (WMT) Pays $13 Million To Settle Driver Pay Case As New AI Suit Lands

Walmart Trading Up 1.4%

Shares of WMT stock opened at $113.10 on Thursday. Walmart Inc. has a fifty-two week low of $94.23 and a fifty-two week high of $135.15. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.77. The stock's fifty day moving average is $121.07 and its two-hundred day moving average is $122.03. The firm has a market capitalization of $900.06 billion, a P/E ratio of 39.68, a PEG ratio of 4.16 and a beta of 0.60.

Walmart (NASDAQ:WMT - Get Free Report) last released its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.66. The business had revenue of $177.75 billion during the quarter, compared to analyst estimates of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The company's revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.61 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Research analysts expect that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

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.

Want to see what other hedge funds are holding WMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walmart Inc. (NASDAQ:WMT - Free Report).

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.