Walmart Inc. $WMT Shares Purchased by Glenview Trust Co

Glenview Trust Co boosted its holdings in Walmart Inc. (NASDAQ:WMT) by 2.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 872,745 shares of the retailer’s stock after buying an additional 16,800 shares during the period. Walmart accounts for approximately 1.5% of Glenview Trust Co’s holdings, making the stock its 17th largest holding. Glenview Trust Co’s holdings in Walmart were worth $97,233,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in WMT. AQR Capital Management LLC boosted its stake in Walmart by 188.1% in the 3rd quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer’s stock worth $1,199,907,000 after buying an additional 7,614,172 shares during the last quarter. Vanguard Group Inc. boosted its stake in Walmart by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer’s stock worth $49,015,626,000 after buying an additional 4,304,436 shares during the last quarter. Amundi boosted its stake in Walmart by 20.5% in the 3rd quarter. Amundi now owns 23,497,921 shares of the retailer’s stock worth $2,413,236,000 after buying an additional 4,004,277 shares during the last quarter. Danske Bank A S acquired a new stake in Walmart in the 3rd quarter worth about $294,621,000. Finally, Axxcess Wealth Management LLC boosted its stake in Walmart by 1,061.8% in the 4th quarter. Axxcess Wealth Management LLC now owns 3,042,724 shares of the retailer’s stock worth $338,989,000 after buying an additional 2,780,817 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart posted solid first-quarter results, with revenue of $177.8 billion and EPS of $0.66, while e-commerce sales rose 26% and advertising revenue jumped 37%, highlighting continued strength in digital and membership-driven businesses.
• Positive Sentiment: Several analysts remained constructive after earnings: Bank of America reiterated a Buy rating and said Walmart is well positioned to gain share in a price-sensitive environment, while BTIG and BNP Paribas Exane also kept positive ratings despite modestly trimming price targets.
• Neutral Sentiment: Walmart disclosed pre-arranged insider sales by CEO John Furner and EVP Christopher James Nicholas, but both transactions were made under 10b5-1 plans, which typically limits how much investors read into them.
• Neutral Sentiment: News reports also noted leadership changes, including the departure of Sam’s Club COO Tom Ward and U.S. stores EVP Cedric Clark, adding some uncertainty but not appearing to change the company’s near-term operating outlook.
• Negative Sentiment: Shares weakened after Walmart issued second-quarter EPS guidance below consensus and reaffirmed full-year targets that also came in below Wall Street expectations, prompting concerns that margin pressure could continue.
• Negative Sentiment: Management said elevated fuel prices are pressuring both consumers and Walmart’s own costs, reinforcing worries that spending could soften and profitability could stay under pressure in the coming quarters.

Analyst Upgrades and Downgrades

WMT has been the topic of a number of research analyst reports. Oppenheimer reissued an “outperform” rating and issued a $140.00 price target (up from $125.00) on shares of Walmart in a research note on Monday, February 9th. Bank of America initiated coverage on Walmart in a research note on Friday, February 27th. They issued a “buy” rating and a $150.00 price target on the stock. BTIG Research reissued a “buy” rating and issued a $145.00 price target on shares of Walmart in a research note on Friday. KeyCorp reissued an “overweight” rating on shares of Walmart in a research note on Friday. Finally, Telsey Advisory Group lifted their price objective on Walmart from $135.00 to $140.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Walmart presently has a consensus rating of “Moderate Buy” and a consensus target price of $138.71.

Walmart Price Performance

Shares of NASDAQ:WMT opened at $120.27 on Monday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.24 and a current ratio of 0.77. Walmart Inc. has a 1 year low of $93.43 and a 1 year high of $135.15. The stock has a market capitalization of $958.67 billion, a P/E ratio of 42.20, a PEG ratio of 4.45 and a beta of 0.65. The stock has a 50-day simple moving average of $126.77 and a 200-day simple moving average of $120.16.

Walmart (NASDAQ:WMT) last issued 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. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The business had revenue of $177.75 billion during the quarter, compared to analysts’ expectations of $174.84 billion. During the same quarter in the previous year, the business earned $0.61 EPS. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Equities analysts forecast that Walmart Inc. will post 2.89 earnings per share for the current year.

Insider Buying and Selling at Walmart

In related news, CEO John R. Furner sold 13,125 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $124.08, for a total transaction of $1,628,550.00. Following the transaction, the chief executive officer directly owned 661,037 shares of the company’s stock, valued at approximately $82,021,470.96. The trade was a 1.95% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP John D. Rainey sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $127.79, for a total value of $2,555,800.00. Following the transaction, the executive vice president directly owned 486,764 shares in the company, valued at $62,203,571.56. This trade represents a 3.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 126,008 shares of company stock worth $15,896,715. Company insiders own 0.10% of the company’s stock.

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.