Davis R M Inc. Grows Position in Walmart Inc. $WMT

Davis R M Inc. grew its holdings in Walmart Inc. (NASDAQ:WMT) by 31.5% in the first quarter, Holdings Channel.com reports. The institutional investor owned 22,003 shares of the retailer’s stock after buying an additional 5,269 shares during the quarter. Davis R M Inc.’s holdings in Walmart were worth $2,738,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC boosted its holdings in shares of Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after purchasing an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC grew its position in shares of Walmart by 5.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after purchasing an additional 485 shares in the last quarter. Peterson Wealth Management increased its holdings in shares of Walmart by 3.5% in the first quarter. Peterson Wealth Management now owns 50,307 shares of the retailer’s stock valued at $4,416,000 after purchasing an additional 1,715 shares during the last quarter. Sivia Capital Partners LLC increased its holdings in shares of Walmart by 0.9% in the second quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer’s stock valued at $1,272,000 after purchasing an additional 116 shares during the last quarter. Finally, Schnieders Capital Management LLC. increased its holdings in shares of Walmart by 1.2% in the second quarter. Schnieders Capital Management LLC. now owns 91,341 shares of the retailer’s stock valued at $8,931,000 after purchasing an additional 1,048 shares during the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: RBC reaffirmed an outperform rating on Walmart and set a $137 price target, signaling meaningful upside from current levels and helping support sentiment. Benzinga report on RBC rating reaffirmation
• Positive Sentiment: Walmart is being described as a solid growth stock, with articles citing above-average financial growth and positioning that could help it outperform the market. Zacks growth stock article
• Positive Sentiment: Walmart partnered with ReturnPro to refurbish and resell returned items, a move that could improve e-commerce margins, recover value from returns, and reduce waste. Yahoo Finance ReturnPro partnership article

Walmart Stock Performance

Shares of WMT stock opened at $109.33 on Thursday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.77. The firm has a market cap of $870.06 billion, a P/E ratio of 38.36, a P/E/G ratio of 4.12 and a beta of 0.60. The firm’s 50 day moving average price is $117.67 and its 200-day moving average price is $122.09. Walmart Inc. has a one year low of $95.29 and a one year high of $135.15.

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 firm had revenue of $177.75 billion during the quarter, compared to the consensus estimate of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter last year, the firm earned $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 research analysts predict that Walmart Inc. will post 2.89 EPS for the current year.

Insider Buying and Selling at Walmart

In other news, EVP Latriece Watkins sold 11,000 shares of Walmart stock in a transaction on Thursday, May 28th. The stock was 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $118.63, for a total value of $2,303,320.08. Following the completion of the sale, the director owned 4,174,579 shares in the company, valued at $495,230,306.77. This represents a 0.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 67,729 shares of company stock valued at $8,124,931. Corporate insiders own 0.09% of the company’s stock.

Wall Street Analyst Weigh In

WMT has been the topic of a number of recent research reports. Tigress Financial reissued a “buy” rating and set a $155.00 price objective (up from $150.00) on shares of Walmart in a research note on Friday, May 29th. Erste Group Bank lowered Walmart from a “buy” rating to a “hold” rating in a report on Friday, June 5th. BNP Paribas Exane lowered their price target on shares of Walmart from $147.00 to $146.00 and set an “outperform” rating on the stock in a research report on Friday, May 22nd. Sanford C. Bernstein reissued an “outperform” rating on shares of Walmart in a report on Monday, June 8th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Walmart in a research report on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $138.85.

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.