Elevation Point Wealth Partners LLC Makes New Investment in Walmart Inc. $WMT

Elevation Point Wealth Partners LLC purchased a new stake in Walmart Inc. (NASDAQ:WMT) in the second quarter, HoldingsChannel reports. The institutional investor purchased 181,556 shares of the retailer’s stock, valued at approximately $20,563,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Norges Bank acquired a new stake in Walmart in the 4th quarter valued at about $6,458,529,000. AQR Capital Management LLC increased its position in Walmart by 188.1% during the third quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer’s stock worth $1,199,907,000 after buying an additional 7,614,172 shares during the last quarter. Deutsche Bank AG raised its stake in Walmart by 54.0% in the second quarter. Deutsche Bank AG now owns 18,607,297 shares of the retailer’s stock valued at $2,107,462,000 after buying an additional 6,525,224 shares during the period. Geode Capital Management LLC raised its stake in Walmart by 6.8% in the fourth quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer’s stock valued at $11,426,753,000 after buying an additional 6,517,394 shares during the period. Finally, Capital International Investors acquired a new stake in shares of Walmart in the fourth quarter valued at approximately $592,848,000. Institutional investors own 26.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on WMT. Royal Bank Of Canada reduced their target price on Walmart from $137.00 to $131.00 and set an “outperform” rating for the company in a research note on Friday, August 21st. Tigress Financial restated a “buy” rating and issued a $155.00 price target (up from $150.00) on shares of Walmart in a research note on Friday, May 29th. Freedom Broker raised Walmart from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 20th. DA Davidson set a $132.00 price objective on shares of Walmart and gave the stock a “buy” rating in a research report on Friday, August 21st. Finally, KeyCorp reiterated an “overweight” rating on shares of Walmart in a report on Wednesday, August 12th. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $131.88.

Insider Activity at Walmart

In other Walmart news, EVP Christopher James Nicholas sold 2,900 shares of Walmart stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $106.34, for a total value of $308,386.00. Following the completion of the sale, the executive vice president owned 569,153 shares in the company, valued at $60,523,730.02. The trade was a 0.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel J. Bartlett sold 3,775 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $109.64, for a total transaction of $413,891.00. Following the transaction, the executive vice president owned 630,009 shares in the company, valued at approximately $69,074,186.76. The trade was a 0.60% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 26,648 shares of company stock worth $3,085,798. Corporate insiders own 0.09% of the company’s stock.

Walmart Stock Performance

NASDAQ:WMT opened at $104.34 on Thursday. The stock has a 50 day simple moving average of $112.47 and a 200 day simple moving average of $120.78. The stock has a market cap of $830.35 billion, a P/E ratio of 37.67, a PEG ratio of 4.00 and a beta of 0.61. Walmart Inc. has a 1-year low of $95.60 and a 1-year 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 0.41.

Walmart (NASDAQ:WMT) last issued its quarterly earnings data on Thursday, August 20th. The retailer reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.74 by $0.07. The firm had revenue of $187.94 billion for the quarter, compared to analyst estimates of $186.64 billion. Walmart had a return on equity of 21.83% and a net margin of 3.00%.The company’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.68 EPS. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Research analysts anticipate that Walmart Inc. will post 2.87 earnings per share for the current year.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Analysts continue to project upside for WMT, with reports citing consensus price targets of $138.50 and $128.43—well above recent trading levels. Large call-option purchases also suggest some traders are positioning for a rebound. Walmart consensus price target Walmart call options activity
• Positive Sentiment: Walmart’s digital sales, automation and AI initiatives remain key parts of the growth story. Its Sparky shopping assistant has reportedly produced customer baskets about 40% larger than those of customers shopping without the tool, while Walmart is also exploring advertising and technology opportunities with OpenAI and ChatGPT. Walmart Sparky AI assistant
• Positive Sentiment: The new Scenario women’s fashion brand, with most items priced below $25, could help Walmart attract younger shoppers and expand its apparel business. The company is also increasing rapid-delivery capabilities through Flipkart in India. Walmart launches Scenario fashion brand
• Neutral Sentiment: Investors are comparing Walmart’s digital and business-mix expansion with MercadoLibre’s broader ecosystem growth, highlighting Walmart’s improving online opportunity but also the high expectations embedded in its valuation. Walmart versus MercadoLibre growth comparison
• Negative Sentiment: Walmart’s U.S. comparable sales rose 2.6%, below the 3.8% analyst estimate and representing the company’s slowest comparable-sales growth in roughly six years. Higher gasoline prices and broader economic pressure may be making consumers more cautious. Walmart comparable-sales miss
• Negative Sentiment: Valuation remains a concern after Walmart’s substantial five-year gain. Analysts note that the stock trades at a premium relative to peers despite slower store-sales momentum, while Amazon continues to take share of U.S. clothing spending from Walmart. Walmart valuation concerns Amazon clothing share versus Walmart

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.