Greenwood Gearhart Inc. lifted its stake in shares of Walmart Inc. (NASDAQ:WMT – Free Report) by 3.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 591,254 shares of the retailer’s stock after buying an additional 21,102 shares during the quarter. Walmart makes up approximately 3.6% of Greenwood Gearhart Inc.’s investment portfolio, making the stock its 8th biggest holding. Greenwood Gearhart Inc.’s holdings in Walmart were worth $65,872,000 as of its most recent filing with the SEC.
Other institutional investors have also modified their holdings of the company. Brighton Jones LLC increased its holdings in Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after buying an additional 21,939 shares during the period. Revolve Wealth Partners LLC increased its holdings in Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after buying an additional 485 shares during the period. Peterson Wealth Management increased its holdings in Walmart by 3.5% during the first quarter. Peterson Wealth Management now owns 50,307 shares of the retailer’s stock valued at $4,416,000 after buying an additional 1,715 shares during the period. Sivia Capital Partners LLC increased its holdings in Walmart by 0.9% during the second quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer’s stock valued at $1,272,000 after buying an additional 116 shares during the period. Finally, Schnieders Capital Management LLC. increased its holdings in Walmart by 1.2% during the second quarter. Schnieders Capital Management LLC. now owns 91,341 shares of the retailer’s stock valued at $8,931,000 after buying an additional 1,048 shares during the period. 26.76% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
WMT has been the topic of several research reports. Raymond James Financial reissued an “outperform” rating and set a $135.00 price objective on shares of Walmart in a report on Friday, March 6th. BTIG Research lifted their price objective on shares of Walmart from $140.00 to $145.00 and gave the company a “buy” rating in a report on Wednesday. HSBC lowered shares of Walmart from a “buy” rating to a “hold” rating and lifted their price objective for the company from $122.00 to $131.00 in a report on Friday, February 20th. KeyCorp reissued an “overweight” rating and set a $145.00 price objective (up from $128.00) on shares of Walmart in a report on Friday, February 13th. Finally, Tigress Financial set a $150.00 price objective on shares of Walmart and gave the company a “buy” rating in a report on Wednesday, February 25th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $138.09.
Walmart Price Performance
Shares of WMT opened at $130.43 on Friday. The company has a market cap of $1.04 trillion, a price-to-earnings ratio of 47.60, a price-to-earnings-growth ratio of 4.86 and a beta of 0.65. Walmart Inc. has a twelve month low of $91.89 and a twelve month high of $134.69. The company has a quick ratio of 0.24, a current ratio of 0.79 and a debt-to-equity ratio of 0.38. The company has a 50 day moving average of $125.91 and a two-hundred day moving average of $118.22.
Walmart (NASDAQ:WMT – Get Free Report) last released its earnings results on Thursday, February 19th. The retailer reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.73 by $0.01. The company had revenue of $190.66 billion during the quarter, compared to analysts’ expectations of $188.37 billion. Walmart had a net margin of 3.07% and a return on equity of 21.44%. Walmart’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same period last year, the business earned $0.66 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. As a group, analysts predict that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.
Walmart Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, January 4th. Shareholders of record on Friday, December 11th will be given a dividend of $0.2475 per share. This represents a $0.99 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Friday, December 11th. Walmart’s payout ratio is currently 36.13%.
Insider Activity
In other news, CEO John R. Furner sold 13,125 shares of the business’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $124.84, for a total transaction of $1,638,525.00. Following the sale, the chief executive officer directly owned 674,162 shares of the company’s stock, valued at $84,162,384.08. The trade was a 1.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP John D. Rainey sold 20,000 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $127.79, for a total transaction of $2,555,800.00. Following the sale, the executive vice president directly owned 486,764 shares in the company, valued at $62,203,571.56. This trade represents a 3.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 167,195 shares of company stock valued at $20,975,804. 0.10% of the stock is owned by corporate insiders.
Key Headlines Impacting Walmart
Here are the key news stories impacting Walmart this week:
- Positive Sentiment: TD Cowen boosted its price target on Walmart to $150 and kept a Buy rating, which supports sentiment around the stock. Walmart (WMT) Gets a Buy from TD Cowen
- Positive Sentiment: Walmart was included among the 10 best inflation-hedge stocks for 2026, reinforcing its defensive appeal if consumer budgets remain tight. Walmart (WMT) – Among the 10 Best Inflation-Hedge Stocks to Buy for 2026
- Positive Sentiment: Another write-up echoed the inflation-hedge theme and TD Cowen’s raised target, adding to the bullish analyst narrative. Walmart (WMT) – Among the 10 Best Inflation-Hedge Stocks to Buy for 2026
- Positive Sentiment: Walmart opened a third U.S. milk processing facility, which may support supply-chain control and lower long-term costs. Walmart Inc. (WMT) Opens Third Milk Processing Facility in the United States, Reuters Reports
- Positive Sentiment: Walmart expanded its wellness aisles with exclusive men’s grooming and women’s health products, which could help drive traffic and sales in higher-margin categories. Walmart Expands Wellness Aisles With Exclusive Grooming And Women’s Health Lines
- Neutral Sentiment: Coverage ahead of retail earnings highlighted Walmart as a key read on consumer spending, but this is more of a macro watch item than a direct catalyst. Retail Earnings Will Show How Much Pressure Consumers Are Under
- Neutral Sentiment: CNBC noted that higher-income shoppers are helping drive Walmart’s strength this year, underscoring a favorable demand mix. Walmart has been on fire this year. How high earners are driving up the stock
- Neutral Sentiment: BTIG Research also issued a positive outlook on Walmart, adding to the broader analyst support. BTIG Research Issues Positive Forecast for Walmart (NASDAQ:WMT) Stock Price
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.
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