Walmart Inc. $WMT Shares Sold by Novem Group

Novem Group lessened its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 7.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 64,610 shares of the retailer’s stock after selling 5,412 shares during the quarter. Walmart accounts for 0.8% of Novem Group’s investment portfolio, making the stock its 27th biggest position. Novem Group’s holdings in Walmart were worth $7,198,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Michael Brady & Co. LLC bought a new position in Walmart in the 4th quarter worth approximately $558,000. SageGuard Financial Group LLC acquired a new stake in Walmart in the 4th quarter valued at approximately $22,893,000. Jones Kertz & Associates Inc. acquired a new stake in Walmart in the 4th quarter valued at approximately $2,163,000. Veery Capital LLC increased its position in Walmart by 17.6% in the 4th quarter. Veery Capital LLC now owns 2,662 shares of the retailer’s stock valued at $297,000 after acquiring an additional 399 shares during the period. Finally, Evergreen Capital Management LLC increased its position in Walmart by 42.7% in the 4th quarter. Evergreen Capital Management LLC now owns 80,778 shares of the retailer’s stock valued at $8,999,000 after acquiring an additional 24,152 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart announced a new business unit, Upstream Facility Services, to sell maintenance services to other businesses — a push to monetize logistics/operations expertise beyond retail that could add recurring revenue and higher-margin service income. Walmart Inc. (WMT) Diversifies Beyond Retail Into Maintenance Services
• Positive Sentiment: Sam’s Club launched a one‑hour delivery option for members, escalating competition with Costco and Amazon on convenience and helping Walmart drive higher basket frequency and membership value. Faster delivery supports digital growth and same‑day monetization. Walmart’s warehouse club ups the pressure on Costco with a new member perk
• Positive Sentiment: Morgan Stanley raised its price target on WMT to $140 and keeps an “overweight” rating — a visible buy‑side endorsement that can lift sentiment and flows into the stock. Benzinga analyst note
• Positive Sentiment: Walmart is expanding healthcare/omnichannel offerings (Better Care Services, GLP‑1 support) and integrating pharmacy/virtual care — moves that broaden addressable market and higher‑margin services revenue. Walmart Boosts Growth Playbook With Healthcare, Omnichannel Push
• Positive Sentiment: Walmart is revamping its Great Value private‑label across ~10,000 items and modernizing stores and delivery staging — initiatives aimed at margin improvement, stronger value perception and better e‑commerce fulfillment. Walmart Revamps ‘Great Value’ Brand as Shoppers Shift to Lower-Priced Options
• Neutral Sentiment: WMT is a frequently trending stock and subject of value/peer comparisons (e.g., Carrefour) and analyst roundup pieces — useful for sentiment tracking but not immediate catalysts. CRRFY vs. WMT: Which Stock Is the Better Value Option?
• Neutral Sentiment: Partnerships like the Back to the Roots soil‑health product at Walmart are positive for brand and CSR but represent a modest direct financial impact. Back to the Roots Scales Regenerative Movement Nationwide
• Negative Sentiment: A California court complaint alleges Amazon coerced vendors to pressure retailers like Walmart into raising prices — if investigations expand, it could create regulatory scrutiny or supplier dynamics that indirectly affect Walmart’s pricing and relationships. California says Amazon coerced companies into illegally raising prices

Analysts Set New Price Targets

WMT has been the topic of several analyst reports. Truist Financial raised their target price on Walmart from $127.00 to $139.00 and gave the company a “buy” rating in a research report on Friday, February 20th. Guggenheim raised their target price on Walmart from $120.00 to $137.00 and gave the company a “buy” rating in a research report on Monday, April 13th. Royal Bank Of Canada set a $145.00 target price on Walmart in a research report on Friday, February 20th. Tigress Financial set a $150.00 target price on Walmart and gave the company a “buy” rating in a research report on Wednesday, February 25th. Finally, DA Davidson set a $150.00 price target on shares of Walmart and gave the stock a “buy” rating in a research report on Friday, February 20th. Two analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $137.79.

Walmart Trading Up 0.3%

Walmart stock opened at $129.98 on Thursday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.24 and a current ratio of 0.79. The firm has a market cap of $1.04 trillion, a price-to-earnings ratio of 47.44, a price-to-earnings-growth ratio of 4.83 and a beta of 0.66. Walmart Inc. has a 1 year low of $91.89 and a 1 year high of $134.69. The firm’s 50 day moving average price is $125.70 and its two-hundred day moving average price is $116.53.

Walmart (NASDAQ:WMT) last posted its quarterly earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.01. The firm had revenue of $190.66 billion for the quarter, compared to analyst estimates of $188.37 billion. Walmart had a net margin of 3.07% and a return on equity of 21.44%. The firm’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.66 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. On average, research analysts predict that Walmart Inc. will post 2.89 EPS for the current fiscal year.

Walmart Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Friday, December 11th will be given a $0.2475 dividend. This represents a $0.99 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, December 11th. Walmart’s dividend payout ratio (DPR) is 36.13%.

Insiders Place Their Bets

In other news, Director C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $126.71, for a total value of $2,460,201.36. Following the transaction, the director directly owned 4,023,209 shares of the company’s stock, valued at $509,780,812.39. This trade represents a 0.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP John D. Rainey sold 20,000 shares of Walmart stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $122.27, for a total transaction of $2,445,400.00. Following the completion of the transaction, the executive vice president directly owned 506,764 shares in the company, valued at approximately $61,962,034.28. This trade represents a 3.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 243,960 shares of company stock valued at $30,284,661 over the last 90 days. 0.10% of the stock is owned by corporate 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.