Neuberger Berman Group LLC Has $577.61 Million Stock Holdings in Walmart Inc. $WMT

Neuberger Berman Group LLC raised its stake in Walmart Inc. (NASDAQ:WMT) by 10.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,604,614 shares of the retailer’s stock after purchasing an additional 513,488 shares during the quarter. Neuberger Berman Group LLC’s holdings in Walmart were worth $577,614,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in WMT. Collier Financial acquired a new position in Walmart during the third quarter worth $25,000. Your Advocates Ltd. LLP acquired a new stake in Walmart in the third quarter valued at $28,000. Redmont Wealth Advisors LLC acquired a new stake in Walmart in the third quarter valued at $30,000. Roble Belko & Company Inc grew its position in shares of Walmart by 212.6% in the 3rd quarter. Roble Belko & Company Inc now owns 322 shares of the retailer’s stock valued at $33,000 after acquiring an additional 219 shares during the period. Finally, Manning & Napier Advisors LLC bought a new position in shares of Walmart in the 3rd quarter valued at about $39,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on WMT shares. Wells Fargo & Company reiterated an “overweight” rating and issued a $140.00 target price (up from $130.00) on shares of Walmart in a research note on Tuesday, February 10th. Jefferies Financial Group set a $145.00 price objective on Walmart in a research note on Friday, February 20th. CICC Research assumed coverage on Walmart in a research report on Friday, December 26th. They issued an “outperform” rating and a $125.00 price objective for the company. Oppenheimer reiterated an “outperform” rating and set a $140.00 target price (up from $125.00) on shares of Walmart in a research note on Monday, February 9th. Finally, Bank of America assumed coverage on Walmart in a report on Friday, February 27th. They set a “buy” rating and a $150.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $135.76.

Walmart Trading Up 0.4%

Shares of WMT opened at $123.80 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.24 and a current ratio of 0.79. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $134.69. The firm has a market cap of $986.71 billion, a price-to-earnings ratio of 45.18, a PEG ratio of 4.59 and a beta of 0.66. The business’s fifty day moving average is $121.87 and its 200-day moving average is $110.93.

Walmart (NASDAQ:WMT) last posted 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 firm 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%. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.66 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. Equities analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Friday, December 11th will be issued a dividend of $0.2475 per share. This represents a $0.99 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, December 11th. Walmart’s payout ratio is 34.31%.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: OpenAI reportedly pulling back on direct purchases in ChatGPT could send more checkout traffic to retailer apps, giving Walmart’s commerce and app ecosystem an advantage. ChatGPT’s Retail Retreat Hands Walmart An AI Advantage: Analyst
• Positive Sentiment: Analyst commentary and re?rated fair?value models are lifting the tech/AI narrative around Walmart, producing higher price targets and supporting upside expectations from investors focused on digital and ads monetization. How Walmart (WMT) Is Rewriting Its Story With Tech, AI And A Richer Valuation Debate
• Positive Sentiment: Company execution reminders — new store formats and ongoing omnichannel growth — reinforce the core retail case that underpins earnings stability. Walmart Opens Next Generation Supercenter in The Villages
• Neutral Sentiment: Investor attention is high — search and readership spikes (Zacks/Yahoo) and conference transcripts give analysts more to parse but contain no single market?moving surprise. Investors Heavily Search Walmart Inc. (WMT): Here is What You Need to Know
• Negative Sentiment: A reported sale by a 10% Walmart owner totaling roughly $136.45M adds supply pressure and can prompt short?term negative sentiment despite not reflecting company fundamentals. 10% Owner Of Walmart Sold $136.45M In Stock
• Negative Sentiment: Analyses highlight a cautious forward outlook and attention to a ~$100M regulatory settlement tied to the Spark Driver program — both factors that pressured the stock in recent sessions. Walmart slides as cautious outlook and regulatory settlement weigh on sentiment
• Negative Sentiment: Ongoing tariff and import risks remain a margin headwind risk given Walmart’s large import footprint; rising trade frictions could pressure costs if not passed to customers. Walmart: Navigating A Bumpy Tariff Environment

Insider Activity at Walmart

In other news, CEO John R. Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $129.10, for a total value of $1,694,437.50. Following the completion of the transaction, the chief executive officer owned 591,084 shares of the company’s stock, valued at $76,308,944.40. This represents a 2.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Christopher James Nicholas sold 34,082 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $122.00, for a total transaction of $4,158,004.00. Following the sale, the executive vice president directly owned 533,466 shares in the company, valued at $65,082,852. The trade was a 6.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 279,703 shares of company stock valued at $34,140,843. Corporate insiders own 0.10% of the company’s stock.

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.