Union Bancaire Privee UBP SA Has $47.73 Million Stock Position in Walmart Inc. $WMT

Union Bancaire Privee UBP SA grew its stake in Walmart Inc. (NASDAQ:WMT) by 253.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 384,034 shares of the retailer’s stock after purchasing an additional 275,337 shares during the period. Walmart comprises about 0.8% of Union Bancaire Privee UBP SA’s investment portfolio, making the stock its 22nd biggest position. Union Bancaire Privee UBP SA’s holdings in Walmart were worth $47,728,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in WMT. Sterling Capital Management LLC grew its position in Walmart by 18.1% during the first quarter. Sterling Capital Management LLC now owns 82,900 shares of the retailer’s stock worth $10,303,000 after buying an additional 12,709 shares in the last quarter. FLP Wealth Management LLC raised its holdings in Walmart by 7.7% in the 1st quarter. FLP Wealth Management LLC now owns 3,480 shares of the retailer’s stock valued at $432,000 after acquiring an additional 249 shares in the last quarter. Welch Financial Planning LLC bought a new stake in shares of Walmart in the 1st quarter worth approximately $204,000. Cambient Family Office LLC grew its holdings in shares of Walmart by 151.6% during the 1st quarter. Cambient Family Office LLC now owns 21,391 shares of the retailer’s stock worth $2,664,000 after purchasing an additional 12,890 shares in the last quarter. Finally, Rooted Wealth Advisors Inc. grew its holdings in shares of Walmart by 6.1% during the 1st quarter. Rooted Wealth Advisors Inc. now owns 6,577 shares of the retailer’s stock worth $841,000 after purchasing an additional 380 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Stock Performance

Shares of NASDAQ:WMT opened at $114.60 on Tuesday. The business’s fifty day moving average price is $123.54 and its two-hundred day moving average price is $122.22. Walmart Inc. has a fifty-two week low of $94.23 and a fifty-two week high of $135.15. The stock has a market capitalization of $912.00 billion, a price-to-earnings ratio of 40.21, a price-to-earnings-growth ratio of 4.31 and a beta of 0.60. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.23.

Walmart (NASDAQ:WMT) last released its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.66. The firm had revenue of $177.75 billion during the quarter, compared to analyst estimates of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period in the prior year, the company posted $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. As a group, analysts predict that Walmart Inc. will post 2.89 EPS for the current fiscal year.

Insider Buying and Selling at Walmart

In other Walmart news, EVP Latriece Watkins sold 11,000 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $118.97, for a total transaction of $1,308,670.00. Following the sale, the executive vice president directly owned 120,203 shares of the company’s stock, valued at approximately $14,300,550.91. This represents a 8.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Daniel J. Bartlett sold 1,385 shares of Walmart stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $119.83, for a total transaction of $165,964.55. Following the completion of the transaction, the executive vice president owned 633,784 shares of the company’s stock, valued at $75,946,336.72. This trade represents a 0.22% decrease in their position. 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 a total of 100,730 shares of company stock worth $12,444,624 over the last ninety days. Company insiders own 0.09% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on WMT. Craig Hallum set a $150.00 target price on Walmart in a research note on Friday, March 6th. Piper Sandler reiterated an “overweight” rating on shares of Walmart in a research note on Monday, June 8th. UBS Group set a $141.00 price target on shares of Walmart and gave the company a “buy” rating in a report on Friday, May 22nd. KeyCorp restated an “overweight” rating on shares of Walmart in a research note on Friday, May 22nd. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Walmart in a report on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Walmart presently has an average rating of “Moderate Buy” and a consensus target price of $138.85.

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.