SteelPeak Wealth LLC Raises Holdings in Walmart Inc. $WMT

SteelPeak Wealth LLC lifted its stake in Walmart Inc. (NASDAQ:WMT) by 13.4% in the 1st quarter, HoldingsChannel reports. The fund owned 43,449 shares of the retailer’s stock after purchasing an additional 5,123 shares during the quarter. SteelPeak Wealth LLC’s holdings in Walmart were worth $5,410,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Merkkuri Wealth Advisors LLC acquired a new position in shares of Walmart during the first quarter valued at about $29,000. Entrust Financial LLC purchased a new stake in Walmart in the fourth quarter valued at $27,000. Beacon Financial Strategies CORP acquired a new stake in Walmart during the fourth quarter worth about $30,000. Bay Harbor Wealth Management LLC increased its holdings in shares of Walmart by 57.4% during the 4th quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock valued at $32,000 after purchasing an additional 105 shares in the last quarter. Finally, Clayton Financial Group LLC raised its position in shares of Walmart by 193.0% in the fourth quarter. Clayton Financial Group LLC now owns 293 shares of the retailer’s stock worth $33,000 after acquiring an additional 193 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart’s back-to-school push is getting attention as the retailer highlights its lowest prices since 2019 on popular school items, which could help drive traffic and sales into the important seasonal shopping period. Walmart Helps Americans Navigate Their Annual Back-to-School Reset with Unmatched Value, Convenience and Style
• Positive Sentiment: June retail sales rose modestly, suggesting consumers are still spending and reinforcing Walmart’s value-oriented appeal as shoppers look for lower prices on essentials. Retail Sales Hold Up as Walmart and Amazon Go Back to School
• Positive Sentiment: Walmart also announced a partnership with General Mills and ADM to expand regenerative agriculture across 40,000 Midwest wheat acres, a long-term supply-chain and sustainability initiative that may support the company’s brand and sourcing strategy. General Mills, ADM, Walmart Partner to Accelerate Regenerative Agriculture Across 40,000 Midwest Wheat Acres
• Neutral Sentiment: Analysts continue to flag Walmart’s premium valuation, with a forward P/E around 36.7x, which suggests investors expect strong execution but also leaves less room for disappointment. Walmart Commands a 36.74X Forward P/E: Is the Stock Worth Buying?
• Neutral Sentiment: Commentary on Walmart’s AI-related hiring plans highlights the company’s investment in automation and digital tools, but it does not appear to materially change near-term earnings expectations. Walmart’s people chief says these 10 jobs are still hot in the age of AI
• Neutral Sentiment: Broader market volatility and articles comparing Walmart with other defensive stocks add context, but they are not direct catalysts for the shares. 3 Stocks to Own When the Market Gets Ugly in July
• Negative Sentiment: Walmart’s stock has also recently been under pressure on a day when the broader market was firmer, underscoring some investor caution around the name despite its defensive profile. Walmart (WMT) Stock Sinks As Market Gains: Here’s Why

Insider Activity

In other news, EVP Latriece Watkins sold 11,000 shares of the stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $118.97, for a total transaction of $1,308,670.00. Following the sale, the executive vice president directly owned 120,203 shares in the company, valued at approximately $14,300,550.91. This represents a 8.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $132.21, for a total value of $2,566,989.36. Following the completion of the sale, the director owned 4,193,995 shares in the company, valued at $554,488,078.95. The trade was a 0.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 87,145 shares of company stock worth $10,691,920 over the last ninety days. Insiders own 0.09% of the company’s stock.

Wall Street Analyst Weigh In

WMT has been the topic of several recent analyst reports. BMO Capital Markets reaffirmed an “outperform” rating on shares of Walmart in a report on Friday, May 22nd. Guggenheim boosted their target price on Walmart from $120.00 to $137.00 and gave the company a “buy” rating in a research report on Monday, April 13th. BTIG Research reissued a “buy” rating and set a $145.00 target price on shares of Walmart in a research note on Wednesday, June 3rd. UBS Group set a $141.00 price target on shares of Walmart and gave the company a “buy” rating in a research note on Friday, May 22nd. Finally, KeyCorp reaffirmed an “overweight” rating on shares of Walmart in a report on Friday, May 22nd. One 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. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $138.85.

Walmart Trading Up 2.2%

NASDAQ WMT opened at $114.95 on Friday. 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 company has a market cap of $914.78 billion, a P/E ratio of 40.33, a P/E/G ratio of 4.19 and a beta of 0.60. Walmart Inc. has a 12 month low of $94.43 and a 12 month high of $135.15. The company has a 50-day moving average of $119.14 and a 200-day moving average of $122.10.

Walmart (NASDAQ:WMT) last posted its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, meeting the consensus estimate of $0.66. The business had revenue of $177.75 billion for the quarter, compared to analyst estimates of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The business’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the business 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, equities analysts predict that Walmart Inc. will post 2.89 earnings per share for the current year.

Walmart 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.