Leo Wealth LLC Makes New $1.07 Million Investment in Walmart Inc. $WMT

Leo Wealth LLC bought a new position in shares of Walmart Inc. (NASDAQ:WMT) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 10,288 shares of the retailer’s stock, valued at approximately $1,069,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. State Street Corp lifted its holdings in Walmart by 1.1% during the 2nd quarter. State Street Corp now owns 188,036,646 shares of the retailer’s stock valued at $21,297,031,000 after purchasing an additional 2,107,781 shares during the last quarter. Bank of America Corp DE bought a new position in Walmart during the second quarter worth $7,455,131,000. Bank of New York Mellon Corp boosted its position in Walmart by 6.4% during the first quarter. Bank of New York Mellon Corp now owns 28,142,040 shares of the retailer’s stock worth $3,497,493,000 after purchasing an additional 1,681,353 shares during the period. Legal & General Group Plc acquired a new position in shares of Walmart in the second quarter valued at $2,905,655,000. Finally, Amundi increased its holdings in shares of Walmart by 44.4% in the second quarter. Amundi now owns 20,796,957 shares of the retailer’s stock valued at $2,355,463,000 after purchasing an additional 6,393,326 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on WMT. Morgan Stanley reissued an “overweight” rating and issued a $125.00 price objective (down from $140.00) on shares of Walmart in a research report on Friday, August 21st. Freedom Broker upgraded shares of Walmart from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 20th. KeyCorp reaffirmed an “overweight” rating on shares of Walmart in a report on Thursday, September 10th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Walmart in a research note on Friday, August 21st. Finally, Telsey Advisory Group reiterated an “outperform” rating and issued a $130.00 price target (down from $140.00) on shares of Walmart in a research note on Friday, August 21st. Three research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Walmart presently has an average rating of “Buy” and an average target price of $132.41.

Insider Activity at Walmart

In other news, EVP Christopher Nicholas sold 2,900 shares of Walmart stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $120.60, for a total value of $349,740.00. Following the completion of the sale, the executive vice president directly owned 563,353 shares in the company, valued at approximately $67,940,371.80. The trade was a 0.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel Danker sold 50,644 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $105.35, for a total value of $5,335,345.40. Following the completion of the sale, the executive vice president owned 201,672 shares of the company’s stock, valued at approximately $21,246,145.20. This trade represents a 20.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 102,244 shares of company stock valued at $11,112,044. 0.09% of the stock is currently owned by company insiders.

Walmart Price Performance

NASDAQ:WMT opened at $120.29 on Tuesday. Walmart Inc. has a 52 week low of $98.88 and a 52 week high of $135.15. The firm has a market cap of $954.35 billion, a price-to-earnings ratio of 42.36, a P/E/G ratio of 4.33 and a beta of 0.58. The firm’s 50-day simple moving average is $109.43 and its 200 day simple moving average is $118.25. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.23 and a current ratio of 0.77.

Walmart (NASDAQ:WMT) last issued its quarterly earnings data on Thursday, August 20th. The retailer reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.07. The business had revenue of $187.94 billion during the quarter, compared to analysts’ expectations of $186.64 billion. Walmart had a net margin of 3.00% and a return on equity of 21.83%. The business’s revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.68 EPS. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. As a group, sell-side analysts predict that Walmart Inc. will post 2.88 earnings per share for the current year.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Holiday event could support near-term sales. Walmart announced three major holiday shopping events, giving investors a potential catalyst for stronger seasonal traffic, e-commerce activity and market-share gains. The upbeat outlook is particularly important because WMT’s valuation already reflects substantial future growth. Walmart Just Announced Its Triple Holiday Event
• Positive Sentiment: AI and e-commerce initiatives could expand digital growth. Walmart is joining Meta’s AI-commerce push and is developing agent-based shopping tools intended to improve product discovery, personalization and customer engagement. Analysts also see continued e-commerce momentum as a driver of longer-term growth. Can Walmart’s AI Strategy Unlock the Next Phase of Digital Growth?
• Positive Sentiment: New services broaden Walmart’s ecosystem. Lower-cost delivery partnerships with Subway, Dunkin’ and Papa John’s, expanded Better Care Services, and an exclusive Affirm buy-now-pay-later arrangement at Sam’s Club could increase customer convenience, engagement and recurring transaction opportunities ahead of the holidays. Walmart Makes Sam’s Club Its Exclusive Buy Now Pay Later Checkout Option
• Neutral Sentiment: Trading data offers limited directional information. A report lists short interest at zero shares and a zero-day days-to-cover ratio, which may indicate a data-quality issue rather than a meaningful change in investor positioning. Walmart also lined up U.S. and Canadian debt issuance, potentially supporting funding needs but increasing leverage.
• Negative Sentiment: Valuation and investor selling are key risks. WMT’s reported P/E near 42 and PEG ratio above 4 leave limited room for execution disappointments. Michael Burry said he may sell, reduce or donate long-held positions whose valuations appear stretched, potentially adding sentiment pressure. Michael Burry Eyes the Exit on Walmart

About Walmart

Walmart Inc (NASDAQ:WMT) operates a global retail business through a network of supercenters, supermarkets, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its stores and websites sell a broad assortment of merchandise, including groceries, consumables, health and wellness products, apparel, electronics, home goods, toys and other general merchandise.

The company organizes its operations into Walmart U.S., Walmart International and Sam’s Club U.S. Walmart U.S.