BTC Capital Management Inc. Reduces Position in Walmart Inc. $WMT

BTC Capital Management Inc. trimmed its holdings in Walmart Inc. (NASDAQ:WMT) by 5.4% during the first quarter, HoldingsChannel.com reports. The firm owned 234,774 shares of the retailer’s stock after selling 13,322 shares during the period. Walmart makes up about 2.0% of BTC Capital Management Inc.’s portfolio, making the stock its 11th biggest holding. BTC Capital Management Inc.’s holdings in Walmart were worth $29,178,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of WMT. Fifth Third Wealth Advisors LLC boosted its holdings in Walmart by 11.1% in the first quarter. Fifth Third Wealth Advisors LLC now owns 198,828 shares of the retailer’s stock worth $24,710,000 after purchasing an additional 19,913 shares during the period. Brown Lisle Cummings Inc. boosted its position in shares of Walmart by 2.9% during the first quarter. Brown Lisle Cummings Inc. now owns 6,248 shares of the retailer’s stock worth $777,000 after buying an additional 178 shares during the period. OP Asset Management Ltd bought a new position in shares of Walmart in the first quarter worth $108,334,000. Provenance Wealth Advisors LLC grew its position in Walmart by 24.8% in the 1st quarter. Provenance Wealth Advisors LLC now owns 7,967 shares of the retailer’s stock valued at $990,000 after buying an additional 1,585 shares in the last quarter. Finally, Banque Cantonale Vaudoise increased its stake in shares of Walmart by 5.4% during the first quarter. Banque Cantonale Vaudoise now owns 113,114 shares of the retailer’s stock valued at $14,057,000 after acquiring an additional 5,770 shares during the period. Institutional investors own 26.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on WMT. Sanford C. Bernstein reiterated an “outperform” rating on shares of Walmart in a research report on Monday, June 8th. Craig Hallum set a $150.00 target price on Walmart in a report on Friday, March 6th. Guggenheim raised their target price on Walmart from $120.00 to $137.00 and gave the stock a “buy” rating in a research report on Monday, April 13th. Tigress Financial reiterated a “buy” rating and set a $155.00 price target (up from $150.00) on shares of Walmart in a report on Friday, May 29th. Finally, KeyCorp reissued an “overweight” rating on shares of Walmart in a research report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Walmart has an average rating of “Moderate Buy” and a consensus target price of $138.85.

Walmart Price Performance

Shares of Walmart stock opened at $115.69 on Friday. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. Walmart Inc. has a 1-year low of $94.23 and a 1-year high of $135.15. The firm has a fifty day simple moving average of $123.74 and a 200-day simple moving average of $122.17. The stock has a market capitalization of $920.67 billion, a price-to-earnings ratio of 40.59, a PEG ratio of 4.32 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 for the quarter, hitting the consensus estimate of $0.66. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The business had revenue of $177.75 billion during the quarter, compared to analysts’ expectations of $174.84 billion. During the same quarter in the previous year, the firm earned $0.61 EPS. The firm’s revenue 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, sell-side analysts expect that Walmart Inc. will post 2.89 earnings per share for the current year.

Insider Activity at Walmart

In other news, EVP Latriece Watkins sold 11,000 shares of the stock in a transaction on 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 transaction, the executive vice president 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 filing with the SEC, which can be accessed through the SEC website. Also, EVP David W. Guggina sold 11,978 shares of the stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the completion of the transaction, the executive vice president directly owned 125,067 shares of the company’s stock, valued at $14,985,527.94. This trade represents a 8.74% 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. In the last 90 days, insiders have sold 100,730 shares of company stock worth $12,444,624. Insiders own 0.09% of the company’s stock.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Analysts said Walmart’s reported deal for Vibe.co strengthens its advertising strategy and could support long-term revenue growth, helping investors see the company as more than just a low-margin retailer. Prediction: Walmart Will Rejoin the $1 Trillion Club by 2027. Here’s Why It’s a Great Buy Now.
• Positive Sentiment: Walmart is expanding Shapermint into 1,600 more stores nationwide, adding another growth initiative outside core grocery sales and reinforcing its push into higher-margin apparel and lifestyle categories. Walmart (WMT) Expands Shapermint Into 1,600 More Stores Nationwide
• Positive Sentiment: Coverage highlighting Walmart’s long-term scale and growth prospects suggests the stock remains attractive for investors who believe its advertising, marketplace, and omnichannel businesses can expand profits over time. Walmart vs. Target: Which Stock Offers Better Long-Term Value?
• Neutral Sentiment: Several articles compared Walmart with rivals like Target and Amazon, reflecting investor focus on competitive positioning rather than a clear new catalyst for earnings. Walmart Wants to Turn the Living Room Into a Storefront
• Neutral Sentiment: Reports that Amazon has surpassed Walmart as the largest U.S. retailer by GMV and commentary that Walmart has fallen out of the $1 trillion club may weigh on sentiment, but these were framed more as strategic context than immediate fundamental damage. Amazon Unseats Walmart as Top US Retailer

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.