NewEdge Advisors LLC decreased its position in shares of Walmart Inc. (NASDAQ:WMT – Free Report) by 0.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,860,565 shares of the retailer’s stock after selling 18,497 shares during the period. Walmart accounts for about 1.0% of NewEdge Advisors LLC’s investment portfolio, making the stock its 13th largest position. NewEdge Advisors LLC’s holdings in Walmart were worth $323,988,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bell & Brown Wealth Advisors LLC bought a new position in shares of Walmart in the second quarter worth about $6,451,000. Advisortrust Partners LLC grew its holdings in shares of Walmart by 20.2% during the first quarter. Advisortrust Partners LLC now owns 67,142 shares of the retailer’s stock valued at $8,344,000 after buying an additional 11,283 shares during the last quarter. Union Bancaire Privee UBP SA increased its holdings in Walmart by 253.3% in the 1st quarter. Union Bancaire Privee UBP SA now owns 384,034 shares of the retailer’s stock worth $47,728,000 after buying an additional 275,337 shares during the period. Janney Montgomery Scott LLC boosted its position in Walmart by 2.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 2,416,580 shares of the retailer’s stock worth $300,333,000 after purchasing an additional 68,632 shares in the last quarter. Finally, Vise Technologies Inc. increased its position in shares of Walmart by 42.1% in the fourth quarter. Vise Technologies Inc. now owns 275,341 shares of the retailer’s stock valued at $30,676,000 after buying an additional 81,635 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.
Trending Headlines about Walmart
Here are the key news stories impacting Walmart this week:
- Positive Sentiment: Opioid settlement removes a major legal overhang. Walmart agreed to pay $50 million to resolve a federal opioid case, substantially less than the potential multibillion-dollar liability discussed by the Justice Department. The relatively modest settlement limits financial and legal uncertainty. Walmart Settles a Potential Multibillion-Dollar Opioid Case for $50 Million
- Positive Sentiment: Artificial intelligence could support operational and sales growth. TD Cowen identified Walmart among the retailers best positioned to benefit as AI improves shopping, merchandising and store operations. The opportunity could strengthen productivity and customer engagement over time. Walmart, Ulta and Other Retailers That Can Win With AI
- Positive Sentiment: Higher-margin advertising remains a growth opportunity. Walmart’s expanding advertising business is improving its sales mix as digital commerce grows, potentially lifting profits faster than revenue. Walmart’s Ad Business Expands
- Neutral Sentiment: Defensive characteristics may attract investors ahead of CPI and the Federal Reserve decision. Walmart is being viewed as a relatively stable, consumer-oriented holding during macroeconomic uncertainty, although interest-rate expectations could continue to influence its valuation. 5 Defensive Stocks to Watch as CPI and the Fed Put the Rally to the Test
- Neutral Sentiment: Strong participation by older shoppers in major summer e-commerce events indicates continued consumer traffic for Walmart, but the report also underscores intense competition with Amazon. Boomers Fueled Amazon and Walmart Summer Sales Crowds
- Negative Sentiment: Near-term earnings pressure could temper enthusiasm. Although advertising is high margin, costs associated with Walmart’s Vibe initiatives are expected to weigh on fiscal 2027 profit growth. With the stock’s elevated earnings multiple, investors may demand stronger earnings acceleration. Walmart’s Ad Business Expands
Wall Street Analyst Weigh In
View Our Latest Research Report on WMT
Walmart Price Performance
Shares of NASDAQ WMT opened at $106.05 on Wednesday. Walmart Inc. has a fifty-two week low of $98.88 and a fifty-two week high of $135.15. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.23 and a current ratio of 0.77. The firm has a market capitalization of $841.37 billion, a PE ratio of 38.29, a price-to-earnings-growth ratio of 4.09 and a beta of 0.59. The stock’s 50-day simple moving average is $110.51 and its 200-day simple moving average is $119.22.
Walmart (NASDAQ:WMT – Get Free Report) last issued its quarterly earnings data on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.07. The company had revenue of $187.94 billion for the quarter, compared to the consensus estimate of $186.64 billion. Walmart had a net margin of 3.00% and a return on equity of 21.83%. Walmart’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same period last year, the firm posted $0.68 EPS. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. As a group, equities research analysts forecast that Walmart Inc. will post 2.87 EPS for the current fiscal year.
Insider Transactions at Walmart
In other news, EVP Daniel Danker sold 50,644 shares of the company’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $105.35, for a total transaction of $5,335,345.40. Following the completion of the sale, the executive vice president directly owned 201,672 shares in the company, valued at $21,246,145.20. This represents a 20.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Daniel Bartlett sold 3,950 shares of the stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $105.14, for a total value of $415,303.00. Following the completion of the sale, the executive vice president owned 622,349 shares of the company’s stock, valued at approximately $65,433,773.86. This represents a 0.63% decrease in their ownership of the stock. 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 a total of 69,264 shares of company stock worth $7,401,242 in the last three months. Company insiders own 0.09% of the company’s stock.
Walmart Profile
Walmart Inc is a multinational retail and technology company that operates supercenters, discount stores, neighborhood markets, e-commerce platforms and membership warehouse clubs. Its merchandise includes groceries, apparel, electronics, home goods, health and beauty products, general merchandise and other consumer products.
Founded by Sam Walton in 1962 and incorporated in 1969, Walmart is headquartered in Bentonville, Arkansas. The company serves customers through operations in the United States and international markets, including Mexico, Canada, China, India and several countries in Central America and Africa.
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