Robbins Farley Sells 7,717 Shares of Walmart Inc. $WMT

Robbins Farley lessened its stake in shares of Walmart Inc. (NASDAQ:WMT) by 13.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,642 shares of the retailer’s stock after selling 7,717 shares during the quarter. Walmart comprises 2.8% of Robbins Farley’s investment portfolio, making the stock its 6th biggest holding. Robbins Farley’s holdings in Walmart were worth $6,418,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently made changes to their positions in WMT. Discipline Wealth Solutions LLC acquired a new position in Walmart during the 1st quarter worth approximately $205,000. Bell Investment Advisors Inc grew its stake in Walmart by 23.2% in the first quarter. Bell Investment Advisors Inc now owns 1,586 shares of the retailer’s stock valued at $197,000 after acquiring an additional 299 shares during the period. Anchyra Partners LLC increased its holdings in shares of Walmart by 1.6% during the first quarter. Anchyra Partners LLC now owns 22,159 shares of the retailer’s stock valued at $2,754,000 after acquiring an additional 348 shares in the last quarter. Summit Wealth Partners LLC bought a new stake in shares of Walmart during the first quarter valued at approximately $3,109,000. Finally, Webster Bank N. A. raised its position in shares of Walmart by 0.7% during the first quarter. Webster Bank N. A. now owns 171,735 shares of the retailer’s stock worth $21,343,000 after purchasing an additional 1,157 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Trading Down 0.3%

NASDAQ WMT opened at $119.04 on Thursday. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The business has a fifty day simple moving average of $124.11 and a 200 day simple moving average of $122.21. Walmart Inc. has a 12 month low of $94.23 and a 12 month high of $135.15. The firm has a market capitalization of $947.30 billion, a P/E ratio of 41.77, a PEG ratio of 4.46 and a beta of 0.59.

Walmart (NASDAQ:WMT) last posted its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.66. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The firm had revenue of $177.75 billion for the quarter, compared to the consensus estimate of $174.84 billion. During the same period in the previous year, the firm earned $0.61 EPS. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. On average, analysts predict that Walmart Inc. will post 2.89 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Morgan Stanley increased their target price on Walmart from $135.00 to $140.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. Royal Bank Of Canada restated an “outperform” rating and set a $137.00 price objective (down from $140.00) on shares of Walmart in a report on Friday, May 22nd. Piper Sandler reaffirmed an “overweight” rating on shares of Walmart in a research note on Monday, June 8th. KeyCorp reiterated an “overweight” rating on shares of Walmart in a report on Friday, May 22nd. Finally, Craig Hallum set a $150.00 target price on shares of Walmart in a research report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $138.85.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart plans to acquire Vibe.co to make connected-TV advertising more accessible for smaller advertisers and marketplace sellers, a move that could boost retail media revenue and deepen monetization of Walmart Connect. Article Title
• Positive Sentiment: Shapermint’s expansion into 1,600 additional Walmart stores highlights continued strength in Walmart’s physical retail reach and its ability to attract growing consumer brands. Article Title
• Positive Sentiment: Walmart’s long-term nuclear power deal with Constellation supports lower-carbon, reliable energy for logistics operations and signals a broader push to secure cost-stable power for its supply chain. Article Title
• Neutral Sentiment: EVP Christopher James Nicholas sold 2,900 shares under a pre-arranged trading plan, which is routine and appears limited relative to his overall holdings. Article Title
• Neutral Sentiment: Walmart-backed Flipkart’s quick-commerce expansion in India adds to the company’s international growth narrative, but it is an indirect catalyst for WMT shares. Article Title

Insider Activity at Walmart

In other Walmart news, 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 owned 120,203 shares in the company, valued at approximately $14,300,550.91. This trade represents a 8.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $124.84, for a total transaction of $1,638,525.00. Following the transaction, the chief executive officer directly owned 674,162 shares in the company, valued at approximately $84,162,384.08. This represents a 1.91% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 100,730 shares of company stock valued at $12,444,624 over the last three months. Insiders own 0.09% of the company’s stock.

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.