Ocean Park Asset Management LLC Invests $591,000 in Walmart Inc. $WMT

Posted by Brenda Bartman on Jun 24th, 2026

Walmart logo Ocean Park Asset Management LLC acquired a new position in shares of Walmart Inc. (NASDAQ:WMT – Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,755 shares of the retailer’s stock, valued at approximately $591,000.

Several other large investors have also bought and sold shares of the business. Clark Asset Management LLC grew its position in Walmart by 41.7% in the first quarter. Clark Asset Management LLC now owns 8,649 shares of the retailer’s stock valued at $1,075,000 after acquiring an additional 2,547 shares during the last quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH lifted its holdings in shares of Walmart by 2.4% in the first quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 44,262 shares of the retailer’s stock worth $5,501,000 after acquiring an additional 1,054 shares during the last quarter. Capital Advisors Ltd. LLC lifted its holdings in shares of Walmart by 5.2% in the first quarter. Capital Advisors Ltd. LLC now owns 4,429 shares of the retailer’s stock worth $550,000 after acquiring an additional 218 shares during the last quarter. Johnson Bixby & Associates LLC boosted its stake in shares of Walmart by 4.4% in the 1st quarter. Johnson Bixby & Associates LLC now owns 2,345 shares of the retailer’s stock valued at $291,000 after purchasing an additional 98 shares in the last quarter. Finally, Brookstone Capital Management boosted its stake in shares of Walmart by 9.5% in the 1st quarter. Brookstone Capital Management now owns 324,945 shares of the retailer’s stock valued at $40,384,000 after purchasing an additional 28,319 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

Positive Sentiment: Walmart’s long-term nuclear power deal with Constellation Energy supports its sustainability strategy and may improve power-cost stability for operations. Article Title
Positive Sentiment: Walmart’s planned acquisition of Vibe.co could expand its connected-TV advertising reach and boost higher-margin ad revenue. Article Title
Positive Sentiment: Walmart’s Medicare support push and new weight-management coverage guidance may strengthen pharmacy traffic and customer loyalty. Article Title
Positive Sentiment: Walmart will sell Life Extension supplements in 4,000+ stores, adding another health-and-wellness product line. Article Title
Neutral Sentiment: An executive sold 2,900 shares under a pre-arranged trading plan; the sale appears routine and small relative to the executive’s holdings. Article Title
Negative Sentiment: Walmart faces a proposed lawsuit alleging AI-driven gas-price inflation in California, which could create legal and reputational risk. Article Title

Insiders Place Their Bets

In other Walmart news, EVP Christopher James Nicholas sold 2,900 shares of the company’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $118.19, for a total value of $342,751.00. Following the sale, the executive vice president owned 574,953 shares in the company, valued at approximately $67,953,695.07. The trade was a 0.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 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 shares were 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 directly 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 position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 120,146 shares of company stock valued at $14,835,898 over the last ninety days. 0.09% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

WMT has been the subject of a number of research analyst reports. Royal Bank Of Canada reiterated an “outperform” rating and set a $137.00 price objective (down from $140.00) on shares of Walmart in a research report on Friday, May 22nd. Raymond James Financial reaffirmed an “outperform” rating and set a $135.00 target price on shares of Walmart in a research note on Friday, March 6th. TD Cowen reiterated a “buy” rating and set a $150.00 price target (up from $145.00) on shares of Walmart in a report on Thursday, May 7th. Morgan Stanley increased 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. Finally, BTIG Research reissued a “buy” rating and set a $145.00 price objective on shares of Walmart in a report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $138.85.

View Our Latest Stock Report on Walmart

Walmart Trading Up 1.9%

WMT opened at $119.42 on Wednesday. Walmart Inc. has a fifty-two week low of $94.23 and a fifty-two week high of $135.15. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.23. The firm has a market capitalization of $950.35 billion, a price-to-earnings ratio of 41.90, a PEG ratio of 4.37 and a beta of 0.59. The company’s 50 day moving average price is $124.22 and its two-hundred day moving average price is $122.18.

Walmart (NASDAQ:WMT – Get Free Report) last announced its quarterly 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. The firm had revenue of $177.75 billion during the quarter, compared to analysts’ expectations of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The company’s revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the company 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, research analysts predict that Walmart Inc. will post 2.89 earnings per share 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.