OMERS ADMINISTRATION Corp Grows Stock Holdings in Walmart Inc. $WMT

OMERS ADMINISTRATION Corp lifted its stake in Walmart Inc. (NASDAQ:WMT) by 86.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 388,813 shares of the retailer’s stock after purchasing an additional 180,688 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Walmart were worth $48,322,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also bought and sold shares of WMT. Van Diest Capital LLC boosted its position in Walmart by 132.7% in the first quarter. Van Diest Capital LLC now owns 4,930 shares of the retailer’s stock worth $613,000 after purchasing an additional 2,811 shares during the last quarter. Lombard Odier Asset Management Switzerland SA increased its position in shares of Walmart by 36.1% during the 1st quarter. Lombard Odier Asset Management Switzerland SA now owns 249,381 shares of the retailer’s stock valued at $30,993,000 after purchasing an additional 66,200 shares during the last quarter. Mustico Financial Group Inc. purchased a new stake in shares of Walmart during the 1st quarter valued at about $263,000. Aristotle Atlantic Partners LLC purchased a new stake in shares of Walmart during the 1st quarter valued at about $1,829,000. Finally, Sustainable Insight Capital Management LLC lifted its stake in shares of Walmart by 77.6% in the 1st quarter. Sustainable Insight Capital Management LLC now owns 22,891 shares of the retailer’s stock worth $2,845,000 after purchasing an additional 10,000 shares during the period. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Stock Performance

Shares of NASDAQ:WMT opened at $109.47 on Friday. The firm has a fifty day simple moving average of $116.75 and a two-hundred day simple moving average of $121.97. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $871.17 billion, a P/E ratio of 38.41, a PEG ratio of 4.08 and a beta of 0.60. Walmart Inc. has a 52 week low of $95.42 and a 52 week high of $135.15.

Walmart (NASDAQ:WMT) last released its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, meeting the consensus estimate of $0.66. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The firm had revenue of $177.75 billion for the quarter, compared to the consensus estimate of $174.84 billion. During the same quarter in the previous year, the company posted $0.61 EPS. The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. 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, analysts expect that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently commented on WMT shares. Truist Financial set a $140.00 price objective on Walmart in a research note on Thursday, May 21st. Wolfe Research reiterated an “outperform” rating and set a $137.00 target price (up from $135.00) on shares of Walmart in a research report on Monday, May 11th. Tigress Financial reissued a “buy” rating and set a $155.00 price target (up from $150.00) on shares of Walmart in a report on Friday, May 29th. TD Cowen reissued a “buy” rating and set a $150.00 price target (up from $145.00) on shares of Walmart in a report on Thursday, May 7th. Finally, Morgan Stanley upped their price target on Walmart from $135.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $138.85.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Royal Bank of Canada reportedly reaffirmed an Outperform rating on Walmart, a supportive signal that may help bolster investor confidence. Walmart (NASDAQ:WMT) Earns Outperform Rating from Royal Bank Of Canada
• Positive Sentiment: Walmart was highlighted as a wide-moat, sustainable growth stock, reinforcing the view that it can keep delivering steady results even in choppy markets. Top Wide-Moat Stocks to Invest in for Sustainable Growth
• Positive Sentiment: Walmart partnered with ReturnPro to refurbish and resell returned products, which could improve e-commerce efficiency and reduce losses from returns. Walmart (WMT) Partners With ReturnPro To Resell Returned Products
• Positive Sentiment: Coverage suggesting Walmart may be a solid growth stock could keep investors focused on its durable financial performance and scale advantages. Is Walmart (WMT) a Solid Growth Stock? 3 Reasons to Think “Yes”
• Neutral Sentiment: Investors are closely watching Walmart ahead of earnings, with previews focusing on what the company may report rather than providing a fresh catalyst by themselves. Walmart’s quarterly earnings preview: What you need to know
• Neutral Sentiment: Walmart being one of Zacks’ most-searched stocks indicates strong investor interest, but not necessarily a direct fundamental driver. Investors Heavily Search Walmart Inc. (WMT): Here is What You Need to Know
• Neutral Sentiment: Articles discussing Walmart’s dividend profile may appeal to income investors, but they are unlikely to move the stock on their own. Does Walmart pay dividends? Its yield & payouts explained
• Negative Sentiment: One article noted Walmart’s extended share-price weakness and suggested the stock could be in a comeback setup, reflecting lingering concern after a recent downtrend. Walmart stock’s extended downturn could trigger a possible comeback
• Negative Sentiment: A bearish comparison piece argued investors might prefer another stock over WMT, citing weaker recent share performance and softer quarterly results. 3 Reasons to Sell WMT and 1 Stock to Buy Instead

Insider Buying and Selling at Walmart

In related news, Director C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $118.63, for a total transaction of $2,303,320.08. Following the completion of the sale, the director owned 4,174,579 shares in the company, valued at $495,230,306.77. This trade represents a 0.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Latriece Watkins sold 11,000 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $118.97, for a total value of $1,308,670.00. Following the completion of the sale, the executive vice president owned 120,203 shares of the company’s stock, valued at $14,300,550.91. The trade was a 8.38% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 67,729 shares of company stock valued at $8,124,931. 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.