Walmart Inc. $WMT Stake Reduced by First Interstate Bank

First Interstate Bank cut its stake in Walmart Inc. (NASDAQ:WMTFree Report) by 35.3% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 55,749 shares of the retailer’s stock after selling 30,472 shares during the period. First Interstate Bank’s holdings in Walmart were worth $6,928,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently added to or reduced their stakes in WMT. Brighton Jones LLC increased its holdings in shares of Walmart by 28.8% in the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after acquiring an additional 21,939 shares during the period. Revolve Wealth Partners LLC lifted its position in Walmart by 5.8% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after purchasing an additional 485 shares during the last quarter. Peterson Wealth Management boosted its stake in Walmart by 3.5% during the 1st quarter. Peterson Wealth Management now owns 50,307 shares of the retailer’s stock valued at $4,416,000 after purchasing an additional 1,715 shares during the period. Sivia Capital Partners LLC boosted its stake in Walmart by 0.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer’s stock valued at $1,272,000 after purchasing an additional 116 shares during the period. Finally, Schnieders Capital Management LLC. grew its position in Walmart by 1.2% in the 2nd quarter. Schnieders Capital Management LLC. now owns 91,341 shares of the retailer’s stock worth $8,931,000 after purchasing an additional 1,048 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Walmart News Roundup

Here are the key news stories impacting Walmart this week:

  • Positive Sentiment: Walmart said it is offering thousands of lower prices across its stores and Sam’s Club, reinforcing its value leadership and potentially boosting customer traffic. Walmart (WMT) Offers Lower Prices Across Stores and Clubs
  • Positive Sentiment: Analysts and commentators continue to favor Walmart as a high-quality defensive retailer, with several pieces calling the pullback a buying opportunity for long-term investors.
  • Positive Sentiment: Walmart’s AI shopping push could improve product discovery and personalization, strengthening its e-commerce and omnichannel strategy versus competitors like Amazon. Amazon and Walmart’s AI Shopping Race Is Now a Battle for Context, Not Clicks
  • Positive Sentiment: Coverage around Walmart’s health event suggests the company may be building a larger healthcare business, which could become an additional long-term growth driver. Walmart’s (WMT) Health Event Is Secretly A Huge Bet On Healthcare
  • Neutral Sentiment: Several media appearances, including Jim Cramer commentary, highlighted Walmart as a “buy the dip” name, but these remarks are sentiment-driven rather than a direct fundamental change.
  • Negative Sentiment: Walmart also faced legal overhangs, including a Texas driver-pay settlement and a new California class-action filing tied to an AI pricing allegation, which could create headline risk. Walmart (WMT) Pays $13 Million To Settle Driver Pay Case As New AI Suit Lands

Insiders Place Their Bets

In other Walmart news, CEO John R. Furner sold 13,125 shares of the company’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $124.84, for a total transaction of $1,638,525.00. Following the completion of the sale, the chief executive officer directly owned 674,162 shares of the company’s stock, valued at approximately $84,162,384.08. This represents a 1.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Latriece Watkins sold 11,000 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $118.97, for a total transaction of $1,308,670.00. Following the completion of the transaction, the executive vice president owned 120,203 shares of the company’s stock, valued at approximately $14,300,550.91. The trade was 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 104,505 shares of company stock worth $12,858,514 over the last three months. Company insiders own 0.09% of the company’s stock.

Walmart Price Performance

Shares of NASDAQ:WMT opened at $112.21 on Friday. The company has a market capitalization of $892.98 billion, a PE ratio of 39.37, a price-to-earnings-growth ratio of 4.22 and a beta of 0.60. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.77. The stock has a fifty day moving average of $120.76 and a 200-day moving average of $122.02. Walmart Inc. has a one year low of $94.23 and a one year high of $135.15.

Walmart (NASDAQ:WMTGet Free Report) last issued its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.66. The business had revenue of $177.75 billion for the quarter, compared to analysts’ expectations of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The company’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the firm posted $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. As a group, equities analysts anticipate that Walmart Inc. will post 2.89 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have commented on WMT. KeyCorp reaffirmed an “overweight” rating on shares of Walmart in a report on Friday, May 22nd. Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a report on Monday, April 20th. BMO Capital Markets restated an “outperform” rating on shares of Walmart in a research report on Friday, May 22nd. BTIG Research reaffirmed a “buy” rating and set a $145.00 target price on shares of Walmart in a research note on Wednesday, June 3rd. Finally, Erste Group Bank lowered Walmart from a “buy” rating to a “hold” rating in a research report on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $138.85.

View Our Latest Report on WMT

Walmart Profile

(Free Report)

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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Institutional Ownership by Quarter for Walmart (NASDAQ:WMT)

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