Walmart Inc. $WMT Shares Bought by CIBC Asset Management Inc

CIBC Asset Management Inc lifted its holdings in Walmart Inc. (NASDAQ:WMT) by 51.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 1,246,149 shares of the retailer’s stock after buying an additional 425,872 shares during the quarter. CIBC Asset Management Inc’s holdings in Walmart were worth $138,833,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Fox Run Management L.L.C. acquired a new stake in Walmart during the 3rd quarter valued at $1,709,000. Van ECK Associates Corp grew its holdings in 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 purchasing an additional 28,026 shares in the last quarter. Life Cycle Investment Partners Ltd acquired a new stake in Walmart during the 4th quarter valued at $40,855,000. Tennessee Valley Asset Management Partners grew its holdings in Walmart by 466.6% during the 3rd quarter. Tennessee Valley Asset Management Partners now owns 13,343 shares of the retailer’s stock valued at $1,375,000 after purchasing an additional 10,988 shares in the last quarter. Finally, King Luther Capital Management Corp grew its holdings in Walmart by 8.8% during the 4th quarter. King Luther Capital Management Corp now owns 1,415,423 shares of the retailer’s stock valued at $157,692,000 after purchasing an additional 113,952 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Trading Down 1.3%

NASDAQ WMT opened at $113.06 on Wednesday. Walmart Inc. has a one year low of $93.43 and a one year high of $135.15. The company has a 50-day simple moving average of $125.98 and a 200-day simple moving average of $120.81. 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 firm has a market capitalization of $899.74 billion, a PE ratio of 39.67, a price-to-earnings-growth ratio of 4.28 and a beta of 0.59.

Walmart (NASDAQ:WMT) last posted its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, meeting the consensus estimate of $0.66. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The business had revenue of $177.75 billion during the quarter, compared to analyst estimates of $174.84 billion. During the same period in the previous year, the business posted $0.61 EPS. The company’s quarterly revenue 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. On average, equities analysts forecast that Walmart Inc. will post 2.89 earnings per share for the current year.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart-backed OnePay is looking beyond the retailer’s ecosystem to grow its financial app, which could expand the company’s digital and fintech reach if it attracts more outside users. Walmart-Backed OnePay Looks Beyond Retailer’s Ecosystem to Fuel Expansion
• Positive Sentiment: Walmart said its drones have completed more than 1 million deliveries, highlighting continued progress in faster last-mile fulfillment and its push to improve convenience for customers. Walmart Marks Millionth Drone Drop-Off Amid Increased Delivery Focus
• Positive Sentiment: Walmart expanded 30-minute delivery to 33 U.S. markets, reinforcing its e-commerce and grocery delivery advantage versus rivals. Walmart’s 30-Minute Delivery Expansion Strengthens Its Retail Edge
• Neutral Sentiment: Walmart announced an expanded community initiative in Florida to support first responders and children in crisis, which is positive for brand image but likely limited in direct stock impact. Walmart Helps First Responders Comfort Children in Crisis Across Florida
• Neutral Sentiment: Coverage comparing Target and Walmart suggests Walmart remains strong on scale, ads, and higher-income customer gains, but the piece is more of an industry comparison than a new company-specific catalyst. Target vs Walmart: Both Fighting For The Same Customer, Only One Wins
• Negative Sentiment: Recent commentary focused on whether Walmart’s share-price pullback means much of the upside is already priced in, reflecting investor caution after the stock’s recent decline. Is It Time To Reassess Walmart (WMT) After The Recent Share Price Pullback
• Negative Sentiment: Reports that Walmart limited employee use of an AI tool may raise concerns about internal policy or operational friction, though the direct financial impact appears modest. Update: Market Chatter: Walmart Limits Staff’s Usage of AI Tool After High Demand

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on WMT shares. Deutsche Bank Aktiengesellschaft set a $120.00 price objective on Walmart in a research note on Friday, February 20th. Erste Group Bank upgraded Walmart from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 2nd. Tigress Financial restated a “buy” rating and set a $155.00 price objective (up from $150.00) on shares of Walmart in a research note on Friday. Raymond James Financial restated an “outperform” rating and set a $135.00 price objective on shares of Walmart in a research note on Friday, March 6th. Finally, Citigroup restated a “buy” rating and set a $147.00 price objective (up from $120.00) on shares of Walmart in a research note on Thursday, February 5th. Two analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $138.85.

Insider Buying and Selling at Walmart

In related news, Director C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $118.63, for a total transaction of $2,303,320.08. Following the completion of the transaction, the director owned 4,174,579 shares in the company, valued at $495,230,306.77. The trade was a 0.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel J. Bartlett sold 1,335 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $124.63, for a total value of $166,381.05. Following the transaction, the executive vice president owned 636,843 shares of the company’s stock, valued at $79,369,743.09. This represents a 0.21% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 117,008 shares of company stock worth $14,492,704. 0.09% of the stock is owned by company insiders.

About Walmart

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.