Walmart Inc. $WMT Shares Sold by Lockheed Martin Investment Management Co.

Key Points

• Lockheed Martin Investment Management Co. cut its Walmart stake by 81.2% in the fourth quarter, selling 289,600 shares and leaving it with 67,120 shares valued at about $7.48 million.
• Walmart insiders also sold shares, including EVP Christopher James Nicholas and EVP Latriece Watkins; insiders sold 167,195 shares worth $20.98 million in the last quarter overall.
• Analysts remain bullish on Walmart, with a consensus rating of Buy and an average price target of $138.88. The company also reported better-than-expected quarterly earnings and revenue, while shares recently traded near $131.45.

Lockheed Martin Investment Management Co. decreased its position in shares of Walmart Inc. (NASDAQ:WMT - Free Report) by 81.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,120 shares of the retailer's stock after selling 289,600 shares during the period. Lockheed Martin Investment Management Co.'s holdings in Walmart were worth $7,478,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Stockman Wealth Management Inc. lifted its stake in Walmart by 3.5% during the 4th quarter. Stockman Wealth Management Inc. now owns 2,561 shares of the retailer's stock worth $285,000 after acquiring an additional 87 shares in the last quarter. Capstone Wealth Management LLC lifted its stake in Walmart by 1.8% during the 4th quarter. Capstone Wealth Management LLC now owns 4,955 shares of the retailer's stock worth $552,000 after acquiring an additional 89 shares in the last quarter. Ellenbecker Investment Group lifted its stake in Walmart by 0.6% during the 4th quarter. Ellenbecker Investment Group now owns 14,475 shares of the retailer's stock worth $1,613,000 after acquiring an additional 90 shares in the last quarter. Matrix Trust Co lifted its stake in Walmart by 20.0% during the 4th quarter. Matrix Trust Co now owns 547 shares of the retailer's stock worth $61,000 after acquiring an additional 91 shares in the last quarter. Finally, HRC Wealth Management LLC lifted its stake in Walmart by 4.4% during the 4th quarter. HRC Wealth Management LLC now owns 2,209 shares of the retailer's stock worth $246,000 after acquiring an additional 94 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Insiders Place Their Bets

In other news, EVP Christopher James Nicholas sold 34,082 shares of the stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $122.00, for a total value of $4,158,004.00. Following the transaction, the executive vice president owned 533,466 shares in the company, valued at approximately $65,082,852. This represents a 6.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Latriece Watkins sold 10,000 shares of the stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $121.46, for a total value of $1,214,600.00. Following the completion of the transaction, the executive vice president owned 108,294 shares in the company, valued at approximately $13,153,389.24. The trade was a 8.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 167,195 shares of company stock worth $20,975,804. 0.10% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on WMT. Rothschild & Co Redburn set a $150.00 target price on Walmart in a research note on Tuesday, February 17th. Erste Group Bank upgraded Walmart from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 2nd. KeyCorp restated an "overweight" rating and set a $145.00 price target (up from $128.00) on shares of Walmart in a report on Friday, February 13th. Roth Mkm restated a "buy" rating and set a $138.00 price target on shares of Walmart in a report on Friday, February 20th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Walmart in a report on Monday, April 20th. Two research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $138.88.

Walmart Price Performance

Shares of NASDAQ WMT opened at $131.45 on Friday. The stock's 50-day moving average is $126.37 and its two-hundred day moving average is $119.15. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.79 and a quick ratio of 0.24. Walmart Inc. has a 1-year low of $93.43 and a 1-year high of $134.69. The company has a market cap of $1.05 trillion, a price-to-earnings ratio of 47.97, a price-to-earnings-growth ratio of 4.93 and a beta of 0.65.

Walmart (NASDAQ:WMT - Get Free Report) last issued its quarterly earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.01. Walmart had a return on equity of 21.44% and a net margin of 3.07%.The company had revenue of $190.66 billion for the quarter, compared to the consensus estimate of $188.37 billion. During the same quarter in the prior year, the business earned $0.66 EPS. Walmart's revenue was up 5.6% on a year-over-year basis. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. Analysts forecast that Walmart Inc. will post 2.89 EPS for the current fiscal year.

Walmart Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Friday, December 11th will be issued a $0.2475 dividend. The ex-dividend date is Friday, December 11th. This represents a $0.99 dividend on an annualized basis and a dividend yield of 0.8%. Walmart's dividend payout ratio is presently 36.13%.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: UBS and other analysts expect Walmart to deliver another strong quarter, helped by resilient grocery demand, e-commerce growth, and advertising momentum, which could support the stock if results meet or exceed expectations.
• Positive Sentiment: Bank of America said Walmart’s consistent sales growth should be rewarded by the market, reinforcing the view that WMT remains a defensive growth name ahead of earnings.
• Positive Sentiment: Recent commentary also highlights Walmart as a long-term growth and momentum stock, with investors continuing to search for the name ahead of the report.
• Neutral Sentiment: Walmart said it will host its first-quarter earnings conference call on May 21, keeping attention focused on upcoming results and guidance rather than any new business update. Walmart To Host First Quarter Earnings Conference Call May 21, 2026
• Negative Sentiment: One bearish analysis argued that expectations may be too high versus Walmart’s own guidance, warning that reported sales growth may not be enough to justify a further move higher and that investors may want to trim positions.

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.

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