Bowen Hanes & Co. Inc. Has $5.63 Million Position in Walmart Inc. $WMT

Posted by Geri Gentry on Jun 4th, 2026

Walmart logo Bowen Hanes & Co. Inc. lowered its holdings in Walmart Inc. (NASDAQ:WMT – Free Report) by 10.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 50,540 shares of the retailer’s stock after selling 5,700 shares during the quarter. Bowen Hanes & Co. Inc.’s holdings in Walmart were worth $5,631,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of WMT. Brighton Jones LLC boosted its stake in Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after purchasing an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after acquiring an additional 485 shares during the period. Peterson Wealth Management lifted its stake in shares of Walmart by 3.5% during the first quarter. Peterson Wealth Management now owns 50,307 shares of the retailer’s stock valued at $4,416,000 after acquiring an additional 1,715 shares during the period. Sivia Capital Partners LLC lifted its stake in shares of Walmart by 0.9% during the second quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer’s stock valued at $1,272,000 after acquiring an additional 116 shares during the period. Finally, Schnieders Capital Management LLC. lifted its stake in shares of Walmart by 1.2% during the second quarter. Schnieders Capital Management LLC. now owns 91,341 shares of the retailer’s stock valued at $8,931,000 after acquiring an additional 1,048 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Buying and Selling

In other Walmart news, EVP Christopher James Nicholas sold 2,900 shares of the stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $123.92, for a total value of $359,368.00. Following the completion of the sale, the executive vice president directly owned 577,853 shares in the company, valued at $71,607,543.76. This represents a 0.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 stock in a transaction dated Thursday, May 28th. The stock was 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 owned 120,203 shares of the company’s stock, valued at $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. Over the last ninety days, insiders sold 117,008 shares of company stock valued at $14,492,704. 0.09% of the stock is owned by company insiders.

Walmart News Roundup

Here are the key news stories impacting Walmart this week:

Positive Sentiment: BTIG Research reaffirmed its Buy rating on Walmart and raised its price target to $145, implying meaningful upside and reinforcing the view that the company’s scale and execution remain strong. BTIG Research reaffirms Buy on Walmart
Positive Sentiment: Tigress Financial also lifted its price target on Walmart to $155, citing the retailer’s AI-driven platform shift and digital expansion, which suggests analysts still see Walmart as a long-term growth story. Tigress Financial raises Walmart price target
Neutral Sentiment: Several articles compared Walmart with Target and highlighted Walmart’s defensive profile, strong scale, and upper-income customer gains. These pieces are more supportive of the investment case than directly market-moving. Walmart vs. Target long-term hold
Neutral Sentiment: Walmart-backed OnePay is expanding beyond the retailer’s ecosystem, which could broaden the fintech business over time, but the impact on WMT shares is indirect for now. OnePay expansion
Negative Sentiment: A class action lawsuit over Walmart’s Massachusetts hiring practices adds legal and compliance risk, with allegations that the company improperly requires criminal history disclosure and honesty tests. Walmart hiring practices lawsuit
Negative Sentiment: Another lawsuit tied to allegedly contaminated SpaghettiOs sold at Walmart raises product-liability concerns, which could weigh on investor sentiment even if the case is isolated. SpaghettiOs lawsuit
Negative Sentiment: Amazon overtaking Walmart for the top spot in the Fortune 500 is a symbolic setback, underscoring Amazon’s faster revenue growth and intensifying competition in retail. Amazon overtakes Walmart in Fortune 500

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on WMT shares. Jefferies Financial Group set a $145.00 price target on Walmart in a research note on Friday, February 20th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Walmart in a research note on Monday, April 20th. DA Davidson set a $150.00 price target on Walmart and gave the company a “buy” rating in a research note on Friday, February 20th. HSBC lowered Walmart from a “buy” rating to a “hold” rating and upped their price target for the company from $122.00 to $131.00 in a research note on Friday, February 20th. Finally, Morgan Stanley upped their price target on Walmart from $135.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, April 22nd. Two analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $138.85.

View Our Latest Report on Walmart

Walmart Trading Up 3.4%

NASDAQ WMT opened at $116.89 on Thursday. The stock has a 50-day simple moving average of $125.79 and a 200 day simple moving average of $120.98. The company has a market capitalization of $930.22 billion, a PE ratio of 41.01, a P/E/G ratio of 4.22 and a beta of 0.59. 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 Inc. has a 12 month low of $93.43 and a 12 month high of $135.15.

Walmart (NASDAQ:WMT – Get Free Report) last released its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, meeting analysts’ consensus estimates of $0.66. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The business had revenue of $177.75 billion during the quarter, compared to the consensus estimate of $174.84 billion. During the same quarter in the prior year, the company posted $0.61 earnings per share. The firm’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. Research analysts forecast that Walmart Inc. will post 2.89 EPS for the current year.

About Walmart

(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.