Walmart Inc. $WMT Stock Holdings Boosted by International Assets Investment Management LLC

International Assets Investment Management LLC raised its stake in shares of Walmart Inc. (NASDAQ:WMT) by 3,466.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,755,296 shares of the retailer’s stock after purchasing an additional 2,678,044 shares during the period. Walmart accounts for 4.6% of International Assets Investment Management LLC’s holdings, making the stock its 3rd biggest position. International Assets Investment Management LLC’s holdings in Walmart were worth $286,330,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Bank of America Corp DE acquired a new position in shares of Walmart during the 2nd quarter worth about $7,455,131,000. Legal & General Group Plc purchased a new position in Walmart in the 2nd quarter valued at about $2,905,655,000. Canada Pension Plan Investment Board acquired a new stake in Walmart in the 2nd quarter worth about $796,677,000. Deutsche Bank AG boosted its holdings in Walmart by 54.0% in the 2nd quarter. Deutsche Bank AG now owns 18,607,297 shares of the retailer’s stock worth $2,107,462,000 after buying an additional 6,525,224 shares during the last quarter. Finally, Amundi increased its stake in Walmart by 44.4% during the 2nd quarter. Amundi now owns 20,796,957 shares of the retailer’s stock worth $2,355,463,000 after buying an additional 6,393,326 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Price Performance

Shares of WMT stock traded down $2.20 during trading hours on Friday, reaching $125.52. The company had a trading volume of 24,820,838 shares, compared to its average volume of 20,341,588. Walmart Inc. has a 12-month low of $98.88 and a 12-month high of $135.15. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.23 and a current ratio of 0.77. The company has a market capitalization of $995.84 billion, a price-to-earnings ratio of 45.31, a PEG ratio of 4.61 and a beta of 0.53. The stock has a fifty day moving average of $112.48 and a 200-day moving average of $118.59.

Walmart (NASDAQ:WMT) last announced its quarterly earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.07. The firm had revenue of $187.94 billion for 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 company’s revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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. On average, equities analysts anticipate that Walmart Inc. will post 2.88 earnings per share for the current year.

Insider Buying and Selling at Walmart

In other Walmart news, EVP Latriece Watkins sold 5,000 shares of the business’s stock in a transaction dated Wednesday, October 14th. The shares were sold at an average price of $115.00, for a total transaction of $575,000.00. Following the sale, the executive vice president directly owned 110,432 shares in the company, valued at $12,699,680. This represents a 4.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel J. Bartlett sold 3,346 shares of Walmart stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $124.51, for a total transaction of $416,610.46. Following the completion of the transaction, the executive vice president owned 615,013 shares of the company’s stock, valued at $76,575,268.63. This trade represents a 0.54% 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. Over the last quarter, insiders sold 268,222 shares of company stock valued at $31,604,051. 0.09% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have commented on WMT shares. Evercore reissued an “outperform” rating and set a $125.00 target price (down from $140.00) on shares of Walmart in a report on Tuesday, October 20th. Piper Sandler reiterated an “overweight” rating and set a $128.00 price target (down from $137.00) on shares of Walmart in a research report on Friday, August 21st. BMO Capital Markets reissued an “outperform” rating and issued a $126.00 price objective (down from $145.00) on shares of Walmart in a research note on Friday, August 21st. Morgan Stanley restated an “overweight” rating and issued a $125.00 price objective (down from $140.00) on shares of Walmart in a report on Friday, August 21st. Finally, Freedom Capital raised shares of Walmart from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 20th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Walmart currently has a consensus rating of “Buy” and an average price target of $129.62.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: ETFs added a net $40.3 million of Walmart shares on Nov. 4, indicating institutional fund demand. 54 ETFs Add to Walmart (WMT) on Wednesday
• Positive Sentiment: Walmart is expanding its drone-delivery partnership with Zipline, which has raised $1.5 billion at a $21.5 billion valuation. A broader partnership could help Walmart improve delivery capabilities, though the articles do not specify its financial impact. Zipline hits $21.5B valuation as Walmart expands bet on drone delivery
• Positive Sentiment: Walmart is working with Meta to integrate its Muse AI shopping agent into the online shopping experience, a move that could create new ways to reach customers and facilitate purchases. What Is Walmart (WMT) Betting On With Its New AI Shopping Agent?
• Neutral Sentiment: A report on potential rate hikes discusses consumer-staples stocks as potentially attractive in that environment. Higher rates may also pressure valuations, so the implication for Walmart is mixed. Rate Hikes Could Be Coming: History Likes These 4 Consumer Staples Stocks
• Negative Sentiment: Walmart executive Suresh Kumar sold 166,342 shares. Insider sales can weigh on sentiment, although a sale alone does not establish a change in the company’s outlook. Walmart Stock: Insider Suresh Kumar Sells 166,342 Shares

Walmart Profile

Walmart is a multinational retailer that operates discount stores, supercenters, neighborhood markets, and membership warehouse clubs. Its business includes Walmart U.S., Walmart International, and Sam’s Club.

The company sells groceries and a broad range of general merchandise, including apparel, electronics, household goods, and health and wellness products. Walmart also serves customers through e-commerce, with services such as order pickup and delivery.

Founded by Sam Walton in 1962, Walmart is headquartered in Bentonville, Arkansas.