Walmart Inc. $WMT Shares Sold by D.A. Davidson & CO.

D.A. Davidson & CO. trimmed its position in Walmart Inc. (NASDAQ:WMT) by 1.2% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 443,885 shares of the retailer’s stock after selling 5,300 shares during the period. D.A. Davidson & CO.’s holdings in Walmart were worth $55,166,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of WMT. Navigation Group LLC purchased a new stake in shares of Walmart in the first quarter valued at about $662,000. Bank of New York Mellon Corp lifted its position in Walmart by 6.4% in the first quarter. Bank of New York Mellon Corp now owns 28,142,040 shares of the retailer’s stock valued at $3,497,493,000 after purchasing an additional 1,681,353 shares during the period. Gentry Private Wealth LLC boosted its holdings in Walmart by 3.4% in the 1st quarter. Gentry Private Wealth LLC now owns 8,714 shares of the retailer’s stock valued at $1,083,000 after purchasing an additional 289 shares in the last quarter. Providence Wealth Advisors LLC increased its position in Walmart by 0.3% during the 1st quarter. Providence Wealth Advisors LLC now owns 42,091 shares of the retailer’s stock worth $5,258,000 after purchasing an additional 140 shares during the period. Finally, Harmony Asset Management LLC raised its stake in shares of Walmart by 4.8% during the 1st quarter. Harmony Asset Management LLC now owns 2,680 shares of the retailer’s stock worth $333,000 after buying an additional 123 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. Erste Group Bank downgraded Walmart from a “buy” rating to a “hold” rating in a research note on Friday, June 5th. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a research report on Monday, April 20th. TD Cowen reiterated a “buy” rating and issued a $150.00 price target (up from $145.00) on shares of Walmart in a report on Thursday, May 7th. Royal Bank Of Canada reissued 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. Finally, Tigress Financial reaffirmed a “buy” rating and issued a $155.00 target price (up from $150.00) on shares of Walmart in a report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $138.85.

Walmart Stock Performance

Shares of WMT opened at $112.53 on Thursday. The company has a 50-day moving average of $119.44 and a two-hundred day moving average of $122.08. The stock has a market cap of $895.52 billion, a P/E ratio of 39.48, a PEG ratio of 4.24 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 current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42.

Walmart (NASDAQ:WMT) last issued its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share 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 business had revenue of $177.75 billion during the quarter, compared to analysts’ expectations of $174.84 billion. During the same period last year, the company posted $0.61 EPS. The company’s revenue was up 7.4% on a year-over-year basis. 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, research analysts predict that Walmart Inc. will post 2.89 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director C Douglas Mcmillon sold 19,416 shares of the stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $118.63, for a total transaction of $2,303,320.08. Following the sale, the director owned 4,174,579 shares of the company’s stock, valued at $495,230,306.77. This trade represents a 0.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher James Nicholas sold 2,900 shares of the business’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $118.19, for a total transaction of $342,751.00. Following the completion of the transaction, the executive vice president directly owned 574,953 shares of the company’s stock, valued at $67,953,695.07. The trade was a 0.50% 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 three months, insiders sold 87,145 shares of company stock valued at $10,691,920. 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: Walmart, General Mills, and ADM announced a collaboration to expand regenerative agriculture across 40,000 Midwest wheat acres, a move that supports the company’s sustainability goals and could strengthen supplier relationships over time. General Mills, ADM, Walmart Partner to Accelerate Regenerative Agriculture Across 40,000 Midwest Wheat Acres
• Positive Sentiment: Walmart highlighted its back-to-school push, emphasizing low prices, convenience, and style, which could support near-term traffic and seasonal sales as families shop for the new school year. Walmart Helps Americans Navigate Their Annual Back-to-School Reset with Unmatched Value, Convenience and Style
• Positive Sentiment: Walmart declared its 53rd dividend increase, reinforcing its reputation as a dependable income stock and signaling management confidence in cash generation. Walmart just declared its 53rd dividend increase
• Neutral Sentiment: Coverage comparing Walmart with Johnson & Johnson framed both as defensive names with different strategies, but it did not introduce a clear new catalyst for WMT shares. Walmart vs Johnson & Johnson: Two Defensive Plays, Diverging Strategies and One Winner
• Neutral Sentiment: Analyst and media pieces again raised valuation concerns, noting Walmart’s high earnings multiple and suggesting the stock may be expensive after a strong multi-year run, which can cap upside even if fundamentals remain solid. Walmart (WMT) Stock Could Be 16% Overvalued Following Dividend Hike
• Negative Sentiment: A Zacks note said Walmart stock sank while the broader market gained, pointing to relative weakness and reinforcing investor concern that the shares may be losing momentum. Walmart (WMT) Stock Sinks As Market Gains: Here’s Why
• Negative Sentiment: Competitive commentary from Jefferies favoring Amazon as a cheaper way to gain exposure to AI infrastructure and retail may pressure Walmart by reminding investors of stronger alternatives in retail-related exposure. AMZN Stock Is Cheaper Than WMT And GOOGL
• Negative Sentiment: Reports that some Spark delivery workers are frustrated by a new app feature could indicate operational friction in Walmart’s delivery network, though the financial impact is unclear for now. Walmart delivery workers say a new app feature is sending them running around stores

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.