Cidel Asset Management Inc. Raises Position in Walmart Inc. $WMT

Cidel Asset Management Inc. increased its stake in Walmart Inc. (NASDAQ:WMT) by 18.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 32,012 shares of the retailer’s stock after purchasing an additional 4,927 shares during the quarter. Cidel Asset Management Inc.’s holdings in Walmart were worth $3,978,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Vise Technologies Inc. lifted its holdings in Walmart by 42.1% during the fourth quarter. Vise Technologies Inc. now owns 275,341 shares of the retailer’s stock valued at $30,676,000 after purchasing an additional 81,635 shares during the last quarter. Van ECK Associates Corp increased its stake in shares of Walmart by 2.9% in the third quarter. Van ECK Associates Corp now owns 1,010,886 shares of the retailer’s stock worth $104,182,000 after purchasing an additional 28,026 shares in the last quarter. Life Cycle Investment Partners Ltd purchased a new position in shares of Walmart in the fourth quarter worth about $40,855,000. Vantus Wealth LLC bought a new stake in shares of Walmart in the fourth quarter valued at approximately $1,087,000. Finally, Winning Points Advisors LLC bought a new stake in shares of Walmart in the fourth quarter valued at approximately $1,761,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Evercore restated an “outperform” rating on shares of Walmart in a research note on Monday, May 18th. UBS Group set a $141.00 price objective on shares of Walmart and gave the company a “buy” rating in a research note on Friday, May 22nd. BNP Paribas Exane lowered their target price on shares of Walmart from $147.00 to $146.00 and set an “outperform” rating on the stock in a report on Friday, May 22nd. KeyCorp restated an “overweight” rating on shares of Walmart in a research report on Friday, May 22nd. Finally, Piper Sandler reaffirmed an “overweight” rating on shares of Walmart in a report on Monday, June 8th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $138.85.

Walmart Trading Down 2.7%

Shares of Walmart stock opened at $115.78 on Friday. The company’s 50-day moving average price is $123.93 and its 200-day moving average price is $122.21. 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 12-month low of $94.23 and a 12-month high of $135.15. The company has a market cap of $921.39 billion, a price-to-earnings ratio of 40.62, a PEG ratio of 4.44 and a beta of 0.59.

Walmart (NASDAQ:WMT) last issued its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, meeting the consensus estimate of $0.66. The company had revenue of $177.75 billion during 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%. Walmart’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $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. On average, equities analysts expect that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart is expanding its Shapermint partnership into 1,600 more U.S. stores, adding another growth driver in apparel and broadening its non-grocery assortment. Article Title
• Positive Sentiment: Reports that Walmart plans to acquire Vibe.co suggest the company is investing to grow its connected-TV and retail-media advertising business, which could improve high-margin revenue. Article Title
• Neutral Sentiment: Analyst-style articles comparing Walmart with Walmart de Mexico focus on relative valuation rather than a new operational catalyst, so the stock impact appears limited. Article Title
• Neutral Sentiment: News that Walmart Business is working to reduce friction for small businesses is supportive of the long-term strategy, but it is not likely to move the shares much on its own. Article Title
• Negative Sentiment: Multiple reports say Amazon has overtaken Walmart as the largest U.S. retailer by gross merchandise value, highlighting competitive pressure and potentially tempering investor sentiment around Walmart’s retail dominance. Article Title
• Negative Sentiment: Another report emphasizing Amazon’s rise as the first retailer larger than Walmart since the Sears era may reinforce concerns that Walmart is losing some scale advantage. Article Title

Insider Transactions at Walmart

In other news, CEO John R. Furner sold 13,125 shares of the company’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $124.84, for a total value of $1,638,525.00. Following the transaction, the chief executive officer owned 674,162 shares of the company’s stock, valued at approximately $84,162,384.08. This represents a 1.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP David W. Guggina sold 11,978 shares of the stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $119.82, for a total value of $1,435,203.96. Following the completion of the sale, the executive vice president owned 125,067 shares in the company, 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. Over the last 90 days, insiders sold 100,730 shares of company stock worth $12,444,624. 0.09% of the stock is owned by corporate insiders.

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.