Fisher Asset Management LLC Acquires 634,211 Shares of Walmart Inc. $WMT

Fisher Asset Management LLC raised its holdings in Walmart Inc. (NASDAQ:WMT) by 1.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 40,298,623 shares of the retailer’s stock after purchasing an additional 634,211 shares during the quarter. Walmart accounts for approximately 1.5% of Fisher Asset Management LLC’s portfolio, making the stock its 15th largest position. Fisher Asset Management LLC’s holdings in Walmart were worth $4,153,176,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of WMT. Collier Financial acquired a new position in Walmart during the 3rd quarter worth about $25,000. Access Investment Management LLC acquired a new stake in shares of Walmart in the second quarter valued at approximately $26,000. Your Advocates Ltd. LLP bought a new position in Walmart in the 3rd quarter worth approximately $28,000. Redmont Wealth Advisors LLC acquired a new position in Walmart during the 3rd quarter worth $30,000. Finally, Roble Belko & Company Inc increased its position in Walmart by 212.6% in the third quarter. Roble Belko & Company Inc now owns 322 shares of the retailer’s stock worth $33,000 after purchasing an additional 219 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: 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

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. BMO Capital Markets reissued an “outperform” rating on shares of Walmart in a research note on Wednesday, January 14th. Evercore restated an “outperform” rating and set a $130.00 price objective (up from $125.00) on shares of Walmart in a report on Tuesday, February 3rd. Royal Bank Of Canada set a $145.00 target price on shares of Walmart in a report on Friday, February 20th. Tigress Financial set a $150.00 price target on shares of Walmart and gave the company a “buy” rating in a report on Wednesday. Finally, HSBC downgraded shares of Walmart from a “buy” rating to a “hold” rating and increased their price objective for the stock from $122.00 to $131.00 in a research report on Friday, February 20th. One equities research 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 company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $134.42.

Insider Buying and Selling at Walmart

In other Walmart news, EVP Latriece Watkins sold 10,000 shares of Walmart stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $121.46, for a total value of $1,214,600.00. Following the transaction, the executive vice president owned 108,294 shares in the company, valued at $13,153,389.24. The trade was a 8.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO John R. Furner sold 13,125 shares of the business’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $129.10, for a total value of $1,694,437.50. Following the transaction, the chief executive officer directly owned 591,084 shares of the company’s stock, valued at approximately $76,308,944.40. The trade was a 2.17% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 259,703 shares of company stock worth $31,585,043 over the last quarter. 0.10% of the stock is currently owned by company insiders.

Walmart Stock Up 2.8%

WMT opened at $127.95 on Monday. The stock’s fifty day simple moving average is $120.44 and its 200 day simple moving average is $110.18. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $134.69. The stock has a market cap of $1.02 trillion, a PE ratio of 46.70, a price-to-earnings-growth ratio of 5.03 and a beta of 0.66. The company has a current ratio of 0.79, a quick ratio of 0.24 and a debt-to-equity ratio of 0.38.

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

Walmart Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Friday, December 11th will be issued a dividend of $0.2475 per share. The ex-dividend date of this dividend 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 34.31%.

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.