GC Wealth Management RIA LLC raised its position in Walmart Inc. (NASDAQ:WMT – Free Report) by 5.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 83,521 shares of the retailer’s stock after buying an additional 4,626 shares during the period. GC Wealth Management RIA LLC’s holdings in Walmart were worth $10,380,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in WMT. Norges Bank acquired a new position in shares of Walmart in the 4th quarter worth approximately $6,458,529,000. AQR Capital Management LLC raised its position in Walmart by 188.1% in the 3rd quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer’s stock valued at $1,199,907,000 after purchasing an additional 7,614,172 shares during the last quarter. Geode Capital Management LLC boosted its stake in Walmart by 6.8% in the fourth quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer’s stock worth $11,426,753,000 after purchasing an additional 6,517,394 shares in the last quarter. Capital International Investors bought a new stake in shares of Walmart during the fourth quarter worth $592,848,000. Finally, Vanguard Group Inc. increased its stake in shares of Walmart by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer’s stock valued at $49,015,626,000 after buying an additional 4,304,436 shares in the last quarter. 26.76% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research firms recently issued reports on WMT. BTIG Research reaffirmed a “buy” rating and issued a $145.00 price target on shares of Walmart in a report on Wednesday, June 3rd. Wolfe Research reissued an “outperform” rating and set a $137.00 price target (up from $135.00) on shares of Walmart in a research note on Monday, May 11th. Truist Financial set a $140.00 price objective on Walmart in a research report on Thursday, May 21st. KeyCorp reissued an “overweight” rating on shares of Walmart in a research note on Friday, May 22nd. Finally, UBS Group set a $141.00 target price on Walmart and gave the stock a “buy” rating in a research report on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $138.85.
Walmart Stock Down 0.9%
NASDAQ:WMT opened at $108.40 on Friday. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42. Walmart Inc. has a 12-month low of $95.35 and a 12-month high of $135.15. The stock’s fifty day simple moving average is $117.18 and its 200-day simple moving average is $122.06. The firm has a market capitalization of $862.66 billion, a P/E ratio of 38.04, a P/E/G ratio of 4.08 and a beta of 0.60.
Walmart (NASDAQ:WMT – Get Free Report) last released its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, meeting the consensus estimate of $0.66. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The firm had revenue of $177.75 billion for the quarter, compared to analyst estimates of $174.84 billion. During the same quarter in the prior year, the firm posted $0.61 earnings per share. The company’s quarterly revenue was up 7.4% on a year-over-year basis. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Equities research analysts expect that Walmart Inc. will post 2.89 earnings per share for the current year.
Walmart News Roundup
Here are the key news stories impacting Walmart this week:
- Positive Sentiment: Royal Bank of Canada reaffirmed an outperform rating on Walmart and raised its price target to $137, signaling meaningful upside potential from current levels. Benzinga report on RBC rating
- Positive Sentiment: Several recent articles highlight Walmart as a wide-moat and growth stock, pointing to durable competitive advantages and steady financial growth that can support investor confidence. Wide-moat stocks article
- Positive Sentiment: Walmart announced a partnership with ReturnPro to refurbish and resell returned products, which could improve e-commerce efficiency, recover losses from returns, and reduce waste. Yahoo Finance ReturnPro partnership article
- Neutral Sentiment: Media coverage on Walmart’s dividend history may attract income-focused investors, but it does not appear to be a new catalyst for the stock today. TheStreet dividend article
- Neutral Sentiment: Technical commentary notes Walmart’s extended downturn could set up a possible rebound, but this is more of a sentiment/valuation call than a fundamental change. MSN comeback article
- Negative Sentiment: RBC and other market commentary suggest Walmart may report a softer fiscal Q2 as lower-income shoppers remain under pressure, raising concerns about near-term sales momentum. Yahoo Finance softer Q2 article
- Negative Sentiment: One article argues Walmart has lagged the market over the past several months, with recent softer results contributing to investor caution. Yahoo Finance stock falls article
Insider Buying and Selling at Walmart
In other Walmart news, EVP Latriece Watkins sold 11,000 shares of the stock in a transaction on 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 sale, the executive vice president directly owned 120,203 shares in the company, valued at approximately $14,300,550.91. This trade represents a 8.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP David W. Guggina sold 11,978 shares of the company’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the completion of the sale, the executive vice president owned 125,067 shares of the company’s stock, valued at approximately $14,985,527.94. This represents a 8.74% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 67,729 shares of company stock worth $8,124,931 over the last ninety days. 0.09% of the stock is 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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