Axxcess Wealth Management LLC lifted its stake in Walmart Inc. (NASDAQ:WMT – Free Report) by 5.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 276,985 shares of the retailer’s stock after acquiring an additional 15,078 shares during the period. Axxcess Wealth Management LLC’s holdings in Walmart were worth $30,859,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Birchwood Financial Partners Inc. bought a new stake in shares of Walmart in the 4th quarter worth approximately $50,000. Corient Private Wealth LLC increased its position in shares of Walmart by 48.8% during the fourth quarter. Corient Private Wealth LLC now owns 2,846,490 shares of the retailer’s stock valued at $317,127,000 after purchasing an additional 933,690 shares during the period. Jacobs Equity LLC bought a new position in Walmart in the fourth quarter worth $704,000. CrossGen Wealth LLC bought a new stake in Walmart in the 4th quarter valued at $4,420,000. Finally, Alpine Woods Capital Investors LLC acquired a new position in shares of Walmart in the 4th quarter valued at $269,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.
Key Headlines Impacting Walmart
Here are the key news stories impacting Walmart this week:
- Positive Sentiment: Analyst commentary remains broadly supportive, with a consensus “Moderate Buy” rating and an average price target around $138.85, suggesting Wall Street still sees upside from current levels. Article Title
- Positive Sentiment: Walmart’s latest earnings showed solid operating momentum, with revenue topping expectations and sales up 7.4% year over year, reinforcing the company’s defensive growth profile. Article Title
- Positive Sentiment: Several articles highlighted Walmart’s e-commerce, marketplace and higher-margin digital initiatives as key reasons bulls remain constructive after the stock’s recent pullback. Article Title
- Neutral Sentiment: Coverage comparing Walmart with other retail and wholesale alternatives may be prompting some portfolio rotation, but it does not appear to signal a fundamental change in the business. Article Title
- Neutral Sentiment: Walmart also drew attention for its competition with Amazon in retail data and ad monetization, underscoring a strategic growth area rather than an immediate earnings catalyst. Article Title
- Negative Sentiment: A recent 9.2% pullback and the stock’s move below key moving averages reflect investor caution about fuel costs, consumer pressure and whether near-term margins can keep pace. Article Title
- Negative Sentiment: Insider selling by EVP Daniel Bartlett, though conducted under a pre-arranged 10b5-1 plan and relatively small versus his holdings, can still add to short-term negative sentiment. Article Title
Walmart Price Performance
Walmart (NASDAQ:WMT – Get Free Report) last issued its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, hitting the consensus estimate of $0.66. The company had revenue of $177.75 billion during the quarter, compared to analysts’ expectations of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. Walmart’s revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.61 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Research analysts expect that Walmart Inc. will post 2.89 EPS for the current year.
Wall Street Analyst Weigh In
A number of research analysts have commented on WMT shares. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a research note on Monday, April 20th. Bank of America started coverage on Walmart in a research note on Friday, February 27th. They issued a “buy” rating and a $150.00 price target on the stock. Evercore reissued an “outperform” rating on shares of Walmart in a report on Monday, May 18th. Roth Mkm reaffirmed a “buy” rating and issued a $138.00 target price on shares of Walmart in a report on Friday, February 20th. Finally, 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. One analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Walmart currently has an average rating of “Moderate Buy” and an average target price of $138.85.
Read Our Latest Research Report on Walmart
Insider Buying and Selling
In other Walmart news, EVP David W. Guggina sold 11,978 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the transaction, the executive vice president owned 125,067 shares in the company, valued at approximately $14,985,527.94. This trade represents a 8.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Latriece Watkins sold 11,000 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $118.97, for a total value of $1,308,670.00. Following the completion of the sale, the executive vice president directly owned 120,203 shares of the company’s stock, valued at approximately $14,300,550.91. This trade represents a 8.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 117,246 shares of company stock worth $14,493,147 over the last 90 days. 0.09% of the stock is currently owned by corporate insiders.
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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