Sustainable Insight Capital Management LLC boosted its stake in Walmart Inc. (NASDAQ:WMT – Free Report) by 77.6% in the first quarter, HoldingsChannel reports. The firm owned 22,891 shares of the retailer’s stock after acquiring an additional 10,000 shares during the period. Walmart accounts for about 1.0% of Sustainable Insight Capital Management LLC’s holdings, making the stock its 26th biggest position. Sustainable Insight Capital Management LLC’s holdings in Walmart were worth $2,845,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also recently added to or reduced their stakes in the company. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Walmart by 588.5% during the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 4,722,474 shares of the retailer’s stock worth $586,909,000 after acquiring an additional 4,036,614 shares during the last quarter. Bollard Group LLC grew its holdings in Walmart by 15.1% during the first quarter. Bollard Group LLC now owns 327,537 shares of the retailer’s stock valued at $40,707,000 after purchasing an additional 42,880 shares during the period. Morningstar Investment Management LLC increased its stake in Walmart by 9.0% in the first quarter. Morningstar Investment Management LLC now owns 59,711 shares of the retailer’s stock valued at $7,421,000 after purchasing an additional 4,919 shares in the last quarter. Pennington Partners & CO. LLC increased its stake in Walmart by 1.1% in the first quarter. Pennington Partners & CO. LLC now owns 9,313 shares of the retailer’s stock valued at $1,160,000 after purchasing an additional 104 shares in the last quarter. Finally, GC Wealth Management RIA LLC raised its holdings in Walmart by 5.9% in the first quarter. GC Wealth Management RIA LLC now owns 83,521 shares of the retailer’s stock worth $10,380,000 after purchasing an additional 4,626 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.
Trending Headlines about Walmart
Here are the key news stories impacting Walmart this week:
- Positive Sentiment: Royal Bank of Canada reportedly reaffirmed an Outperform rating on Walmart, a supportive signal that may help bolster investor confidence. Walmart (NASDAQ:WMT) Earns Outperform Rating from Royal Bank Of Canada
- Positive Sentiment: Walmart was highlighted as a wide-moat, sustainable growth stock, reinforcing the view that it can keep delivering steady results even in choppy markets. Top Wide-Moat Stocks to Invest in for Sustainable Growth
- Positive Sentiment: Walmart partnered with ReturnPro to refurbish and resell returned products, which could improve e-commerce efficiency and reduce losses from returns. Walmart (WMT) Partners With ReturnPro To Resell Returned Products
- Positive Sentiment: Coverage suggesting Walmart may be a solid growth stock could keep investors focused on its durable financial performance and scale advantages. Is Walmart (WMT) a Solid Growth Stock? 3 Reasons to Think “Yes”
- Neutral Sentiment: Investors are closely watching Walmart ahead of earnings, with previews focusing on what the company may report rather than providing a fresh catalyst by themselves. Walmart’s quarterly earnings preview: What you need to know
- Neutral Sentiment: Walmart being one of Zacks’ most-searched stocks indicates strong investor interest, but not necessarily a direct fundamental driver. Investors Heavily Search Walmart Inc. (WMT): Here is What You Need to Know
- Neutral Sentiment: Articles discussing Walmart’s dividend profile may appeal to income investors, but they are unlikely to move the stock on their own. Does Walmart pay dividends? Its yield & payouts explained
- Negative Sentiment: One article noted Walmart’s extended share-price weakness and suggested the stock could be in a comeback setup, reflecting lingering concern after a recent downtrend. Walmart stock’s extended downturn could trigger a possible comeback
- Negative Sentiment: A bearish comparison piece argued investors might prefer another stock over WMT, citing weaker recent share performance and softer quarterly results. 3 Reasons to Sell WMT and 1 Stock to Buy Instead
Insider Buying and Selling
Walmart Price Performance
NASDAQ:WMT opened at $109.47 on Friday. The stock has a market capitalization of $871.17 billion, a PE ratio of 38.41, a P/E/G ratio of 4.04 and a beta of 0.60. Walmart Inc. has a 1-year low of $95.42 and a 1-year high of $135.15. The firm has a fifty day simple moving average of $116.75 and a 200 day simple moving average of $121.97. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42.
Walmart (NASDAQ:WMT – Get Free Report) last issued its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.66. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The business had revenue of $177.75 billion during the quarter, compared to the consensus estimate of $174.84 billion. During the same period last year, the business posted $0.61 EPS. Walmart’s 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. On average, research analysts expect that Walmart Inc. will post 2.89 EPS for the current fiscal year.
Analysts Set New Price Targets
WMT has been the subject of a number of recent analyst reports. UBS Group set a $141.00 price objective on shares of Walmart and gave the company a “buy” rating in a research report on Friday, May 22nd. BMO Capital Markets reiterated an “outperform” rating on shares of Walmart in a report on Friday, May 22nd. Morgan Stanley boosted their target price on Walmart from $135.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, April 22nd. Freedom Capital upgraded Walmart from a “strong sell” rating to a “hold” rating in a report on Thursday, May 21st. Finally, Evercore reiterated an “outperform” rating on shares of Walmart in a report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $138.85.
Check Out Our Latest Research Report on WMT
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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