National Bank of Canada FI Grows Stock Holdings in Walmart Inc. $WMT

National Bank of Canada FI grew its position in shares of Walmart Inc. (NASDAQ:WMT) by 4.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,033,859 shares of the retailer’s stock after purchasing an additional 177,672 shares during the period. National Bank of Canada FI owned about 0.05% of Walmart worth $415,697,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Fox Run Management L.L.C. bought a new position in shares of Walmart during the 3rd quarter valued at $1,709,000. CWM LLC lifted its stake in Walmart by 24.2% in the third quarter. CWM LLC now owns 1,175,703 shares of the retailer’s stock worth $121,168,000 after purchasing an additional 229,220 shares during the last quarter. Neuberger Berman Group LLC boosted its position in Walmart by 0.8% during the second quarter. Neuberger Berman Group LLC now owns 5,091,126 shares of the retailer’s stock valued at $497,771,000 after buying an additional 42,645 shares during the period. Harel Insurance Investments & Financial Services Ltd. boosted its position in Walmart by 16.6% during the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 63,782 shares of the retailer’s stock valued at $6,567,000 after buying an additional 9,061 shares during the period. Finally, World Investment Advisors grew its stake in shares of Walmart by 5.2% during the third quarter. World Investment Advisors now owns 293,866 shares of the retailer’s stock valued at $30,286,000 after buying an additional 14,487 shares during the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $114.91, for a total transaction of $1,508,193.75. Following the completion of the transaction, the executive vice president owned 733,841 shares in the company, valued at $84,325,669.31. This represents a 1.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Christopher James Nicholas sold 34,082 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $122.00, for a total value of $4,158,004.00. Following the completion of the sale, the executive vice president directly owned 533,466 shares of the company’s stock, valued at $65,082,852. The trade was a 6.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 278,278 shares of company stock valued at $33,974,118. 0.10% of the stock is owned by insiders.

Walmart Stock Performance

Walmart stock opened at $125.99 on Tuesday. The company has a current ratio of 0.79, a quick ratio of 0.24 and a debt-to-equity ratio of 0.38. The firm has a 50-day moving average of $123.43 and a 200-day moving average of $112.27. The firm has a market cap of $1.00 trillion, a P/E ratio of 45.98, a P/E/G ratio of 4.71 and a beta of 0.66. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $134.69.

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

Walmart Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Friday, December 11th will be paid a dividend of $0.2475 per share. The ex-dividend date of this dividend is Friday, December 11th. This represents a $0.99 annualized dividend and a dividend yield of 0.8%. Walmart’s payout ratio is 34.31%.

Walmart News Roundup

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart’s international segment showed solid momentum in Q4 fiscal 2026: 7.5% sales growth and a 17% e‑commerce increase, supporting top‑line resilience outside the U.S. — this underpins revenue diversification and e‑commerce penetration. Walmart’s International Business Shows Strength: Momentum Ahead?
• Positive Sentiment: Flipkart (Walmart’s India e‑commerce arm) moved its holding company from Singapore to India to clear the path for an Indian listing — a potential value‑realization event that could unlock shareholder value if the IPO proceeds on favorable terms. Walmart’s (WMT) Indian E-Commerce Firm Flipkart Shifts Holding Company to India from Singapore, Reuters Reports
• Positive Sentiment: Analysis highlights Walmart as a frontrunner in applying AI across forecasting, inventory and logistics — AI gains can expand margins, lower shrink/labor costs and boost e‑commerce economics, supporting longer‑term EPS upside. This tech narrative also reinforces Walmart’s re‑rating since shifting to Nasdaq. The AI Checkout Line: The Hidden Tech Play in Your Cart
• Neutral Sentiment: Walmart goes ex‑dividend March 20 with a boosted payout; dividends support income investors, but commentary questioning payout safety could prompt short‑term caution among yield‑focused holders. Event risk centers on timing and perception rather than fundamentals. Walmart Is About to Pay a Boosted Dividend, but Is It Actually Safe?
• Neutral Sentiment: Continued media mentions of Walmart as a long‑term retail pick, and as a recent stock‑split candidate/recipient in marketroundups, help retail interest and SEO visibility but are unlikely to move fundamentals materially. The Best 4 Retail Stocks to Buy and Hold for Decades
• Neutral Sentiment: Smaller merchandising news (vendors adding products to Walmart shelves) is positive for assortment but unlikely to affect the stock; such items support the retail moat incrementally. HTVRONT Expands Walmart Retail Presence with Two New Heat Press Machines
• Neutral Sentiment: Valuation comparisons to peers (e.g., J. Sainsbury) and retail rankings offer context for investors but don’t change Walmart’s core growth drivers; useful for relative allocation decisions. JSAIY vs. WMT: Which Stock Is the Better Value Option?

Analysts Set New Price Targets

WMT has been the topic of several analyst reports. Raymond James Financial reiterated an “outperform” rating and issued a $135.00 price objective on shares of Walmart in a report on Friday, March 6th. Piper Sandler restated an “overweight” rating on shares of Walmart in a report on Tuesday, February 24th. Wall Street Zen lowered Walmart from a “buy” rating to a “hold” rating in a research report on Sunday, January 18th. DA Davidson set a $150.00 price target on Walmart and gave the stock a “buy” rating in a research note on Friday, February 20th. Finally, HSBC downgraded Walmart from a “buy” rating to a “hold” rating and boosted their price objective for the company 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 have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $135.76.

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.