Financiere des Professionnels Fonds d investissement inc. Acquires Shares of 64,500 Walmart Inc. $WMT

Financiere des Professionnels Fonds d investissement inc. acquired a new position in shares of Walmart Inc. (NASDAQ:WMT) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 64,500 shares of the retailer’s stock, valued at approximately $8,016,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. grew its stake in shares of 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 acquiring an additional 4,304,436 shares in the last quarter. State Street Corp raised its stake in Walmart by 1.2% in the 3rd 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 in the last quarter. Geode Capital Management LLC boosted its holdings in Walmart by 6.8% in the 4th quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer’s stock valued at $11,426,753,000 after purchasing an additional 6,517,394 shares during the period. Norges Bank bought a new stake in Walmart in the 4th quarter valued at about $6,458,529,000. Finally, Fisher Asset Management LLC grew its position in shares of Walmart by 0.8% during the 4th quarter. Fisher Asset Management LLC now owns 40,626,852 shares of the retailer’s stock worth $4,526,238,000 after purchasing an additional 328,229 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Buying and Selling at Walmart

In other Walmart news, EVP Latriece Watkins sold 11,000 shares of the business’s stock in a transaction on 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 sale, the executive vice president 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP David W. Guggina sold 11,978 shares of the company’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the transaction, the executive vice president owned 125,067 shares of the company’s stock, valued at $14,985,527.94. This trade represents a 8.74% decrease in their ownership of the stock. 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. Insiders sold 87,145 shares of company stock worth $10,691,920 over the last 90 days. 0.09% of the stock is owned by corporate insiders.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart’s back-to-school push is getting attention as the retailer highlights its lowest prices since 2019 on popular school items, which could help drive traffic and sales into the important seasonal shopping period. Walmart Helps Americans Navigate Their Annual Back-to-School Reset with Unmatched Value, Convenience and Style
• Positive Sentiment: June retail sales rose modestly, suggesting consumers are still spending and reinforcing Walmart’s value-oriented appeal as shoppers look for lower prices on essentials. Retail Sales Hold Up as Walmart and Amazon Go Back to School
• Positive Sentiment: Walmart also announced a partnership with General Mills and ADM to expand regenerative agriculture across 40,000 Midwest wheat acres, a long-term supply-chain and sustainability initiative that may support the company’s brand and sourcing strategy. General Mills, ADM, Walmart Partner to Accelerate Regenerative Agriculture Across 40,000 Midwest Wheat Acres
• Neutral Sentiment: Analysts continue to flag Walmart’s premium valuation, with a forward P/E around 36.7x, which suggests investors expect strong execution but also leaves less room for disappointment. Walmart Commands a 36.74X Forward P/E: Is the Stock Worth Buying?
• Neutral Sentiment: Commentary on Walmart’s AI-related hiring plans highlights the company’s investment in automation and digital tools, but it does not appear to materially change near-term earnings expectations. Walmart’s people chief says these 10 jobs are still hot in the age of AI
• Neutral Sentiment: Broader market volatility and articles comparing Walmart with other defensive stocks add context, but they are not direct catalysts for the shares. 3 Stocks to Own When the Market Gets Ugly in July
• Negative Sentiment: Walmart’s stock has also recently been under pressure on a day when the broader market was firmer, underscoring some investor caution around the name despite its defensive profile. Walmart (WMT) Stock Sinks As Market Gains: Here’s Why

Walmart Stock Performance

NASDAQ:WMT opened at $114.95 on Friday. Walmart Inc. has a twelve month low of $94.43 and a twelve month high of $135.15. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42. The stock’s 50-day simple moving average is $119.14 and its 200 day simple moving average is $122.10. The firm has a market capitalization of $914.78 billion, a PE ratio of 40.33, a price-to-earnings-growth ratio of 4.19 and a beta of 0.60.

Walmart (NASDAQ:WMT) last issued its earnings results on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, hitting the consensus estimate of $0.66. The firm had revenue of $177.75 billion during the quarter, compared to the consensus estimate of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The business’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the firm 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, analysts anticipate that Walmart Inc. will post 2.89 EPS for the current fiscal year.

Analyst Ratings Changes

WMT has been the topic of several recent research reports. Evercore reaffirmed an “outperform” rating on shares of Walmart in a report on Monday, May 18th. Morgan Stanley boosted their price target on Walmart from $135.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, April 22nd. BMO Capital Markets reissued an “outperform” rating on shares of Walmart in a research report on Friday, May 22nd. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a research note on Monday, April 20th. Finally, Wolfe Research reaffirmed an “outperform” rating and issued a $137.00 price objective (up from $135.00) on shares of Walmart in a report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $138.85.

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.