Elo Mutual Pension Insurance Co Purchases 121,708 Shares of Walmart Inc. $WMT

Elo Mutual Pension Insurance Co lifted its position in Walmart Inc. (NASDAQ:WMT) by 31.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 513,621 shares of the retailer’s stock after purchasing an additional 121,708 shares during the quarter. Walmart comprises approximately 0.9% of Elo Mutual Pension Insurance Co’s portfolio, making the stock its 19th largest holding. Elo Mutual Pension Insurance Co’s holdings in Walmart were worth $52,934,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Walmart in the 2nd quarter valued at about $5,367,770,000. Laurel Wealth Advisors LLC increased its position in shares of Walmart by 9,648.7% in the second quarter. Laurel Wealth Advisors LLC now owns 11,486,374 shares of the retailer’s stock worth $1,123,138,000 after purchasing an additional 11,368,549 shares during the last quarter. Vanguard Group Inc. raised its stake in Walmart by 1.4% in the second quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock valued at $42,223,116,000 after purchasing an additional 5,856,468 shares in the last quarter. Amundi raised its stake in Walmart by 23.5% in the second quarter. Amundi now owns 19,493,644 shares of the retailer’s stock valued at $1,902,775,000 after purchasing an additional 3,710,506 shares in the last quarter. Finally, AGF Management Ltd. lifted its position in Walmart by 1,176.6% during the second quarter. AGF Management Ltd. now owns 3,317,487 shares of the retailer’s stock valued at $324,384,000 after purchasing an additional 3,057,612 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Bank of America initiated coverage with a “Buy” rating and a $150 price target, signaling materially higher analyst optimism versus the current share level (roughly +17% upside from the cited price).
• Positive Sentiment: Recent quarterly results showed a slight EPS beat (reported $0.74 vs. $0.73 est.) and revenue topped estimates; management issued FY2027 EPS guidance of $2.75–$2.85, supporting multiple expansion and investor confidence.
• Positive Sentiment: Walmart is rolling out its Scintilla In-Store data platform and expanding private/partner brands, moves that reinforce higher-margin adjacencies (ads, marketplace, fulfillment) and long-term e‑commerce/store integration growth. Walmart Supplier Tech And New Brands Reframe Stores As Data Platforms
• Neutral Sentiment: Brokerage consensus remains constructive — a “Moderate Buy” consensus was reported, reflecting institutional buy-side alignment but some variance in targets. Walmart Inc. (NASDAQ:WMT) Given Consensus Recommendation of “Moderate Buy” by Brokerages
• Neutral Sentiment: Walmart leadership will participate in upcoming investor events and webcasts — provides management access to investors for strategy updates and Q&A, which can influence near-term sentiment. Walmart Leadership to Participate in Upcoming Investor Events
• Negative Sentiment: Walmart agreed to settle FTC claims over Spark driver pay for roughly $100M total, including a $16M payout to drivers over alleged misleading pay/tip claims — a near-term cash hit and reputational/legal overhang, though not material to operating margins long-term at scale. Walmart agrees to $100M settlement over deceptive pay practices in Spark Driver program Walmart agrees to pay $16 million to its Spark delivery drivers to settle claims it misled them over tips and pay

Insider Transactions at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $119.99, for a total transaction of $1,574,868.75. Following the transaction, the executive vice president owned 727,155 shares in the company, valued at $87,251,328.45. The trade was a 1.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP John D. Rainey sold 20,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $122.27, for a total value of $2,445,400.00. Following the completion of the sale, the executive vice president owned 506,764 shares of the company’s stock, valued at approximately $61,962,034.28. This trade represents a 3.80% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 259,703 shares of company stock valued at $31,585,043. Company insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. TD Cowen reissued a “buy” rating and issued a $145.00 price target (up from $136.00) on shares of Walmart in a report on Friday, February 20th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Walmart in a research note on Wednesday, January 14th. Barclays reiterated an “overweight” rating and issued a $125.00 price objective (up from $108.00) on shares of Walmart in a report on Thursday, January 8th. Robert W. Baird raised their price objective on Walmart from $110.00 to $121.00 and gave the company an “outperform” rating in a report on Friday, November 21st. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $138.00 target price on shares of Walmart in a research note on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $134.42.

Walmart Price Performance

Shares of Walmart stock opened at $127.95 on Monday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.79 and a quick ratio of 0.24. Walmart Inc. has a one year low of $79.81 and a one year high of $134.69. The business’s 50 day simple moving average is $120.44 and its two-hundred day simple moving average is $110.18. The stock has a market capitalization of $1.02 trillion, a P/E ratio of 46.70, a price-to-earnings-growth ratio of 5.03 and a beta of 0.66.

Walmart (NASDAQ:WMT) last released its quarterly earnings data on Thursday, February 19th. The retailer reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.01. Walmart had a return on equity of 21.44% and a net margin of 3.07%.The firm had revenue of $190.66 billion during the quarter, compared to analyst estimates of $188.37 billion. During the same quarter in the prior year, the firm posted $0.66 earnings per share. The business’s quarterly revenue was up 5.6% compared to the same quarter last year. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. Analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 4th. Shareholders of record on Friday, December 11th will be given a $0.2475 dividend. The ex-dividend date is Friday, December 11th. This represents a $0.99 dividend on an annualized basis and a dividend yield of 0.8%. Walmart’s payout ratio is presently 34.31%.

About Walmart

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.