ABN Amro Investment Solutions grew its holdings in shares of Walmart Inc. (NASDAQ:WMT – Free Report) by 239.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 204,499 shares of the retailer’s stock after acquiring an additional 144,328 shares during the period. ABN Amro Investment Solutions’ holdings in Walmart were worth $22,783,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Fox Run Management L.L.C. acquired a new stake in Walmart in the third quarter worth $1,709,000. Van ECK Associates Corp increased its position in Walmart by 2.9% in the third quarter. Van ECK Associates Corp now owns 1,010,886 shares of the retailer’s stock worth $104,182,000 after buying an additional 28,026 shares during the period. Tennessee Valley Asset Management Partners increased its position in Walmart by 466.6% in the third quarter. Tennessee Valley Asset Management Partners now owns 13,343 shares of the retailer’s stock worth $1,375,000 after buying an additional 10,988 shares during the period. Florida Trust Wealth Management Co increased its position in Walmart by 7.0% in the fourth quarter. Florida Trust Wealth Management Co now owns 196,648 shares of the retailer’s stock worth $21,909,000 after buying an additional 12,794 shares during the period. Finally, Pensionfund Sabic acquired a new stake in Walmart in the fourth quarter worth $4,378,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.
Walmart Trading Down 2.5%
Shares of WMT stock opened at $130.85 on Thursday. The stock has a 50-day simple moving average of $126.91 and a 200 day simple moving average of $119.89. Walmart Inc. has a fifty-two week low of $93.43 and a fifty-two week high of $135.15. The stock has a market capitalization of $1.04 trillion, a P/E ratio of 47.76, a P/E/G ratio of 4.96 and a beta of 0.65. The company has a quick ratio of 0.24, a current ratio of 0.79 and a debt-to-equity ratio of 0.38.
Insider Buying and Selling at Walmart
In related news, EVP Christopher James Nicholas sold 34,082 shares of the stock in a transaction 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 completion of the transaction, the executive vice president owned 533,466 shares in the company, valued at $65,082,852. This trade represents a 6.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director C Douglas Mcmillon sold 19,416 shares of the stock in a transaction 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 completion of the transaction, the director 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 position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 154,065 shares of company stock valued at $19,281,401. Corporate insiders own 0.10% of the company’s stock.
Analysts Set New Price Targets
Several brokerages have weighed in on WMT. Telsey Advisory Group increased their target price on Walmart from $135.00 to $140.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. Guggenheim raised their price target on Walmart from $120.00 to $137.00 and gave the company a “buy” rating in a report on Monday, April 13th. TD Cowen reissued a “buy” rating and set a $150.00 price target (up from $145.00) on shares of Walmart in a report on Thursday, May 7th. The Goldman Sachs Group reissued a “buy” rating and set a $138.00 price target on shares of Walmart in a report on Friday, February 20th. Finally, Wolfe Research reissued an “outperform” rating and set a $137.00 price target (up from $135.00) on shares of Walmart in a report on Monday, May 11th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Walmart currently has a consensus rating of “Buy” and a consensus price target of $138.88.
Get Our Latest Analysis on Walmart
More Walmart News
Here are the key news stories impacting Walmart this week:
- Positive Sentiment: Analysts and media reports remain constructive ahead of earnings, with multiple firms raising price targets and UBS reaffirming a Buy rating on strong e-commerce growth expectations. Walmart Stock: Here’s Why Analysts Are Raising Price Targets Before Q1 Earnings.
- Positive Sentiment: Walmart’s scale, digital push, and higher-margin businesses are helping it gain share as tariffs and inflation pressure smaller rivals. Scale, online push and loyalty fees: how Walmart won the year of the tariffs
- Positive Sentiment: Commentary ahead of the report highlights Walmart’s omnichannel momentum, e-commerce gains, and growth in advertising and membership revenue, which could support margins. Walmart Looks Strong Ahead of Q1 Earnings: Should Investors Stay Put?
- Positive Sentiment: Walmart’s earnings are expected to provide a read on consumer resilience, and some coverage suggests the stock could make new highs if results and guidance are solid. Here’s How Much Walmart Stock Is Expected to Move After Earnings
- Neutral Sentiment: Investors are treating Walmart as a defensive bellwether while comparing it with other retailers; the stock’s reaction may depend mostly on guidance rather than the quarter itself. Walmart Earnings Will Offer a Read on the Consumer
- Negative Sentiment: Higher gasoline prices could weigh on household budgets and curb discretionary spending, creating a mixed backdrop for retail demand. Higher Gas Prices Have Consumers Visiting Costco, Sam’s Club More: What The Data Shows
- Negative Sentiment: There was also a small insider-sale headline, which may slightly dampen sentiment even though it was a pre-arranged transaction. SEC Form 4 filing
Walmart Company 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.
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