Evelyn Partners Investment Management Services Ltd Has $2.88 Million Position in Walmart Inc. $WMT

Evelyn Partners Investment Management Services Ltd boosted its stake in shares of Walmart Inc. (NASDAQ:WMT) by 45.0% during the first quarter, Holdings Channel.com reports. The fund owned 23,138 shares of the retailer’s stock after acquiring an additional 7,180 shares during the period. Evelyn Partners Investment Management Services Ltd’s holdings in Walmart were worth $2,876,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in Walmart by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer’s stock valued at $49,015,626,000 after purchasing an additional 4,304,436 shares in the last quarter. State Street Corp lifted its position in Walmart by 1.2% during the third quarter. State Street Corp now owns 184,805,978 shares of the retailer’s stock worth $19,046,104,000 after purchasing an additional 2,242,364 shares during the period. Geode Capital Management LLC grew its stake in Walmart by 6.8% during the fourth quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer’s stock worth $11,426,753,000 after buying an additional 6,517,394 shares in the last quarter. Norges Bank acquired a new stake in Walmart during the fourth quarter worth about $6,458,529,000. Finally, Fisher Asset Management LLC increased its holdings in Walmart by 0.8% in the 4th quarter. Fisher Asset Management LLC now owns 40,626,852 shares of the retailer’s stock valued at $4,526,238,000 after buying an additional 328,229 shares during the period. 26.76% of the stock is currently owned by institutional investors.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Market momentum and investor interest: Walmart outperformed the broader market during the latest session, providing a near-term boost to the stock. Walmart Beats Stock Market Upswing: What Investors Need to Know
• Positive Sentiment: Higher-income customer gains: Walmart is attracting more affluent shoppers through low prices, faster delivery and a broader product assortment. Sustaining this customer mix could support sales growth and improve the company’s competitive position. Can Walmart Sustain Gains Among Higher-Income Customers?
• Positive Sentiment: AI and efficiency potential: Walmart is using artificial intelligence behind the scenes to improve efficiency and reduce costs rather than selling AI products directly. Recent earnings strength and favorable analyst ratings add support to the investment case. These 3 AI Winners Don’t Sell the Tech—They Use It
• Positive Sentiment: Scale and supply-chain initiatives: Walmart, General Mills and ADM launched a regenerative agriculture program covering 40,000 Midwest wheat acres. While not an immediate earnings driver, the effort could strengthen Walmart’s supply-chain relationships and support its sustainability reputation. Walmart Launches Regenerative Agriculture Effort
• Neutral Sentiment: Recent fundamentals: Walmart’s latest quarterly revenue exceeded expectations, while earnings per share met consensus estimates. Revenue growth and the company’s scale remain supportive, although the stock’s elevated valuation makes continued execution important.
• Negative Sentiment: Valuation risk: Commentary warns that Walmart trades at a premium relative to projected forward earnings. Its scale provides a durable cost advantage, but the rich valuation leaves less room for disappointing growth or margins. Walmart Is at $108: Why Investors Should Pause

Walmart Price Performance

WMT stock opened at $111.74 on Tuesday. Walmart Inc. has a 1 year low of $95.42 and a 1 year high of $135.15. 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 stock has a market cap of $889.24 billion, a price-to-earnings ratio of 39.21, a P/E/G ratio of 4.08 and a beta of 0.60. The company has a 50 day simple moving average of $116.31 and a 200 day simple moving average of $122.02.

Walmart (NASDAQ:WMT) last posted its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.66. The firm had revenue of $177.75 billion for the quarter, compared to analysts’ expectations of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The company’s revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.61 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Research analysts anticipate that Walmart Inc. will post 2.89 EPS for the current fiscal year.

Insider Buying and Selling at Walmart

In related news, Director C Douglas Mcmillon sold 19,416 shares of the business’s 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 in the company, valued at $495,230,306.77. The trade was a 0.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Latriece Watkins sold 11,000 shares of the company’s stock in a transaction dated 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 transaction, 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 position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 67,729 shares of company stock worth $8,124,931 over the last three months. 0.09% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on WMT shares. BNP Paribas Exane cut their price target on shares of Walmart from $147.00 to $146.00 and set an “outperform” rating for the company in a report on Friday, May 22nd. BTIG Research reissued a “buy” rating and issued a $145.00 price objective on shares of Walmart in a research note on Wednesday, June 3rd. Truist Financial set a $140.00 price objective on shares of Walmart in a research report on Thursday, May 21st. Wolfe Research restated an “outperform” rating and set a $137.00 target price (up from $135.00) on shares of Walmart in a research note on Monday, May 11th. Finally, Erste Group Bank downgraded Walmart from a “buy” rating to a “hold” rating in a report on Friday, June 5th. One equities research 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 stock. Based on data from MarketBeat, Walmart presently has a consensus rating of “Moderate Buy” and a consensus target price of $138.65.

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.