Meyer Handelman Co. Reduces Position in Walmart Inc. $WMT

Meyer Handelman Co. reduced its holdings in Walmart Inc. (NASDAQ:WMT) by 0.7% during the 1st quarter, HoldingsChannel reports. The firm owned 745,869 shares of the retailer’s stock after selling 4,975 shares during the quarter. Walmart comprises about 2.9% of Meyer Handelman Co.’s investment portfolio, making the stock its 3rd biggest position. Meyer Handelman Co.’s holdings in Walmart were worth $92,697,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Entrust Financial LLC bought a new position in Walmart in the 4th quarter worth approximately $27,000. Beacon Financial Strategies CORP bought a new stake in shares of Walmart in the fourth quarter valued at approximately $30,000. Bay Harbor Wealth Management LLC grew its stake in shares of Walmart by 57.4% in the fourth quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock worth $32,000 after acquiring an additional 105 shares during the last quarter. Clayton Financial Group LLC increased its position in Walmart by 193.0% during the fourth quarter. Clayton Financial Group LLC now owns 293 shares of the retailer’s stock worth $33,000 after acquiring an additional 193 shares during the period. Finally, Sankala Group LLC bought a new position in Walmart during the fourth quarter worth $33,000. 26.76% of the stock is currently owned by institutional investors.

Walmart Trading Down 0.1%

Shares of Walmart stock opened at $115.69 on Friday. The stock has a market cap of $920.67 billion, a P/E ratio of 40.59, a P/E/G ratio of 4.32 and a beta of 0.59. The company has a quick ratio of 0.23, a current ratio of 0.77 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 business’s 50 day moving average is $123.74 and its 200-day moving average is $122.17.

Walmart (NASDAQ:WMT) last released its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, meeting the consensus estimate 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 business earned $0.61 earnings per share. The firm’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. Equities research analysts predict that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Royal Bank Of Canada restated an “outperform” rating and issued a $137.00 price target (down from $140.00) on shares of Walmart in a research report on Friday, May 22nd. Freedom Capital raised shares of Walmart from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 21st. BMO Capital Markets reiterated an “outperform” rating on shares of Walmart in a research note on Friday, May 22nd. BTIG Research reissued a “buy” rating and set a $145.00 target price on shares of Walmart in a research report on Wednesday, June 3rd. Finally, Craig Hallum set a $150.00 price target on Walmart in a research note on Friday, March 6th. One 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. According to data from MarketBeat.com, Walmart currently has a consensus rating of “Moderate Buy” and an average target price of $138.85.

Insider Buying and Selling

In other news, EVP David W. Guggina sold 11,978 shares of the business’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the transaction, the executive vice president directly owned 125,067 shares in the company, valued at $14,985,527.94. The trade was a 8.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 shares were sold at an average price of $118.97, for a total transaction of $1,308,670.00. Following the completion of the sale, the executive vice president directly owned 120,203 shares in the company, valued at approximately $14,300,550.91. The trade was a 8.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 100,730 shares of company stock worth $12,444,624. Corporate insiders own 0.09% of the company’s stock.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Analysts said Walmart’s reported deal for Vibe.co strengthens its advertising strategy and could support long-term revenue growth, helping investors see the company as more than just a low-margin retailer. Prediction: Walmart Will Rejoin the $1 Trillion Club by 2027. Here’s Why It’s a Great Buy Now.
• Positive Sentiment: Walmart is expanding Shapermint into 1,600 more stores nationwide, adding another growth initiative outside core grocery sales and reinforcing its push into higher-margin apparel and lifestyle categories. Walmart (WMT) Expands Shapermint Into 1,600 More Stores Nationwide
• Positive Sentiment: Coverage highlighting Walmart’s long-term scale and growth prospects suggests the stock remains attractive for investors who believe its advertising, marketplace, and omnichannel businesses can expand profits over time. Walmart vs. Target: Which Stock Offers Better Long-Term Value?
• Neutral Sentiment: Several articles compared Walmart with rivals like Target and Amazon, reflecting investor focus on competitive positioning rather than a clear new catalyst for earnings. Walmart Wants to Turn the Living Room Into a Storefront
• Neutral Sentiment: Reports that Amazon has surpassed Walmart as the largest U.S. retailer by GMV and commentary that Walmart has fallen out of the $1 trillion club may weigh on sentiment, but these were framed more as strategic context than immediate fundamental damage. Amazon Unseats Walmart as Top US Retailer

About Walmart

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.