Gerber Kawasaki Wealth & Investment Management Has $3.36 Million Stock Position in Walmart Inc. $WMT

Gerber Kawasaki Wealth & Investment Management lifted its stake in Walmart Inc. (NYSE:WMT) by 34.6% during the 1st quarter, HoldingsChannel reports. The fund owned 38,213 shares of the retailer’s stock after buying an additional 9,831 shares during the period. Gerber Kawasaki Wealth & Investment Management’s holdings in Walmart were worth $3,355,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of WMT. Eagle Capital Management LLC lifted its position in Walmart by 9.1% in the fourth quarter. Eagle Capital Management LLC now owns 3,861 shares of the retailer’s stock worth $349,000 after purchasing an additional 321 shares during the period. Brighton Jones LLC lifted its position in Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after purchasing an additional 21,939 shares during the period. Revolve Wealth Partners LLC lifted its position in Walmart by 5.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after purchasing an additional 485 shares during the period. Highview Capital Management LLC DE lifted its position in Walmart by 4.9% in the fourth quarter. Highview Capital Management LLC DE now owns 36,945 shares of the retailer’s stock worth $3,338,000 after purchasing an additional 1,720 shares during the period. Finally, Voleon Capital Management LP bought a new position in Walmart in the fourth quarter worth $11,220,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Buying and Selling

In other news, EVP John D. Rainey sold 2,200 shares of the business’s stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $98.30, for a total transaction of $216,260.00. Following the completion of the transaction, the executive vice president directly owned 626,118 shares in the company, valued at approximately $61,547,399.40. The trade was a 0.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction that occurred on Thursday, July 24th. The shares were sold at an average price of $95.58, for a total value of $1,855,781.28. Following the completion of the transaction, the chief executive officer owned 4,412,398 shares of the company’s stock, valued at $421,737,000.84. This represents a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 101,966 shares of company stock valued at $9,858,673 over the last 90 days. 0.10% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Telsey Advisory Group raised their target price on Walmart from $115.00 to $118.00 and gave the stock an “outperform” rating in a research report on Friday, August 22nd. KeyCorp raised their target price on Walmart from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Monday, June 9th. Oppenheimer raised their target price on Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 13th. The Goldman Sachs Group lifted their price objective on Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a report on Friday, August 22nd. Finally, Tigress Financial lifted their price objective on Walmart from $115.00 to $120.00 and gave the company a “buy” rating in a report on Wednesday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Walmart has a consensus rating of “Buy” and an average target price of $110.59.

Walmart Price Performance

Shares of WMT stock opened at $96.10 on Thursday. The stock has a 50-day moving average price of $98.09 and a 200 day moving average price of $95.50. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The firm has a market cap of $766.89 billion, a price-to-earnings ratio of 36.13, a PEG ratio of 4.62 and a beta of 0.66. Walmart Inc. has a 12 month low of $75.67 and a 12 month high of $105.30.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The firm had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.Walmart’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Research analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Dividend Announcement

The business also recently announced a dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Monday, August 18th will be given a dividend of $0.235 per share. This represents a dividend yield of 90.0%. The ex-dividend date is Friday, August 15th. Walmart’s payout ratio is presently 35.34%.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.