Hillsdale Investment Management Inc. Reduces Stock Holdings in Walmart Inc. $WMT

Hillsdale Investment Management Inc. reduced its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 75.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,867 shares of the retailer’s stock after selling 21,080 shares during the period. Hillsdale Investment Management Inc.’s holdings in Walmart were worth $708,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the business. Coyle Financial Counsel LLC boosted its stake in Walmart by 2.7% in the 3rd quarter. Coyle Financial Counsel LLC now owns 3,937 shares of the retailer’s stock worth $406,000 after purchasing an additional 104 shares in the last quarter. Raiffeisen Bank International AG raised its holdings in shares of Walmart by 32.9% in the third quarter. Raiffeisen Bank International AG now owns 57,300 shares of the retailer’s stock worth $5,906,000 after buying an additional 14,187 shares during the last quarter. Convergence Financial LLC raised its holdings in shares of Walmart by 9.1% in the third quarter. Convergence Financial LLC now owns 14,684 shares of the retailer’s stock worth $1,513,000 after buying an additional 1,220 shares during the last quarter. Bridgewater Advisors Inc. lifted its stake in shares of Walmart by 0.6% during the third quarter. Bridgewater Advisors Inc. now owns 22,639 shares of the retailer’s stock worth $2,302,000 after buying an additional 143 shares during the period. Finally, Mendel Money Management grew its holdings in shares of Walmart by 276.3% during the third quarter. Mendel Money Management now owns 10,074 shares of the retailer’s stock valued at $1,038,000 after buying an additional 7,397 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Price Performance

NASDAQ:WMT opened at $125.81 on Tuesday. The company has a quick ratio of 0.24, a current ratio of 0.79 and a debt-to-equity ratio of 0.38. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $134.69. The stock’s 50-day moving average price is $119.55 and its 200-day moving average price is $109.53. The stock has a market capitalization of $1.00 trillion, a PE ratio of 45.92, a price-to-earnings-growth ratio of 4.97 and a beta of 0.65.

Walmart (NASDAQ:WMT) last released its quarterly earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.01. Walmart had a return on equity of 21.44% and a net margin of 3.07%.The company had revenue of $190.66 billion during the quarter, compared to analysts’ expectations of $188.37 billion. During the same quarter in the prior year, the firm posted $0.66 EPS. Walmart’s quarterly revenue was up 5.6% compared to the same quarter last year. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. As a group, equities analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 4th. Shareholders of record on Friday, December 11th will be given a dividend of $0.2475 per share. The ex-dividend date is Friday, December 11th. This represents a $0.99 dividend on an annualized basis and a yield of 0.8%. Walmart’s dividend payout ratio is currently 34.31%.

Insider Buying and Selling at Walmart

In related news, EVP Donna Morris sold 76,181 shares of the firm’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $123.79, for a total value of $9,430,445.99. Following the transaction, the executive vice president directly owned 402,072 shares of the company’s stock, valued at approximately $49,772,492.88. This trade represents a 15.93% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Christopher James Nicholas sold 34,082 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $122.00, for a total value of $4,158,004.00. Following the sale, the executive vice president owned 533,466 shares of the company’s stock, valued at approximately $65,082,852. This trade represents a 6.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 261,903 shares of company stock valued at $31,496,959. Insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on WMT. HSBC lowered Walmart from a “buy” rating to a “hold” rating and raised their target price for the stock from $122.00 to $131.00 in a research note on Friday. Royal Bank Of Canada set a $145.00 price objective on Walmart in a research note on Friday. Rothschild & Co Redburn set a $150.00 target price on Walmart in a research report on Tuesday, February 17th. Wall Street Zen downgraded shares of Walmart from a “buy” rating to a “hold” rating in a report on Sunday, January 18th. Finally, Sanford C. Bernstein restated an “outperform” rating and set a $134.00 price objective (up from $129.00) on shares of Walmart in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $132.53.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Company-level catalyst — Walmart announced a new share-buyback alongside other large firms; buyback authorizations boost EPS potential and reduce share count over time. 3 Major Buybacks Just Dropped—Here’s the Signal Investors See
• Positive Sentiment: Analyst support — Telsey raised its WMT target to $140 and kept an Outperform rating; BTIG reiterated a Buy and price-target lift headlines reinforce upside expectations. Telsey Advisory Sees Walmart Strengthening Position • BTIG Reiterates Buy
• Positive Sentiment: Fundamentals — Walmart’s U.S. segment delivered ~4.6% comp growth (grocery traffic + e‑commerce strength), supporting FY27 outlook and the recent earnings beat that investors cheered. WMT’s U.S. Segment Momentum
• Positive Sentiment: Market share/consumer trends — A dunnhumby tracker shows Walmart’s U.S. household penetration rising (reported at ~72%), evidence of resilient demand and pricing/affordability positioning versus traditional grocers. Walmart, Dollar Stores Beat Traditional Grocers’ Reach
• Neutral Sentiment: Street commentary — Additional analyst notes and bank commentary (Erste Group) provide perspective on FY outlook but don’t materially change consensus; they keep focus on execution and margin trends. Erste Group Bank Comments on Walmart FY2028 Earnings
• Negative Sentiment: Insider selling — Multiple senior executives (CEO John Furner and two EVPs) disclosed sizable stock sales this week, which can create short‑term sentiment pressure even if sales are often for diversification or tax reasons. SEC filings: CEO Form 4, EVP Christopher Nicholas Form 4, EVP Latriece Watkins Form 4
• Negative Sentiment: Macro/headline risk — Walmart flagged labor-market nuances and mentioned a “hiring recession” context in broader commentary, which could signal consumer fragility ahead and temper cyclically sensitive spending. Walmart Warns of “Hiring Recession”

Walmart 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.