Legacy Edge Advisors LLC Makes New Investment in Walmart Inc. $WMT

Legacy Edge Advisors LLC bought a new position in Walmart Inc. (NASDAQ:WMT) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,770 shares of the retailer’s stock, valued at approximately $531,000.

Several other institutional investors and hedge funds have also bought and sold shares of WMT. Collier Financial purchased a new position in Walmart in the third quarter worth about $25,000. Your Advocates Ltd. LLP bought a new position in shares of Walmart in the third quarter worth about $28,000. Redmont Wealth Advisors LLC bought a new position in shares of Walmart in the third quarter worth about $30,000. Beacon Financial Strategies CORP bought a new position in shares of Walmart in the fourth quarter worth about $30,000. Finally, Roble Belko & Company Inc raised its stake in shares of Walmart by 212.6% in the third quarter. Roble Belko & Company Inc now owns 322 shares of the retailer’s stock worth $33,000 after buying an additional 219 shares during the period. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Stock Down 0.3%

Shares of WMT opened at $131.60 on Friday. The business’s 50 day moving average is $125.60 and its 200 day moving average is $117.67. The company has a market capitalization of $1.05 trillion, a PE ratio of 48.03, a price-to-earnings-growth ratio of 4.90 and a beta of 0.65. Walmart Inc. has a 12-month low of $91.89 and a 12-month high of $134.69. The company has a current ratio of 0.79, a quick ratio of 0.24 and a debt-to-equity ratio of 0.38.

Walmart (NASDAQ:WMT) last issued its earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.01. The company had revenue of $190.66 billion for the quarter, compared to the consensus estimate of $188.37 billion. Walmart had a return on equity of 21.44% and a net margin of 3.07%.The firm’s quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the company 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. Research analysts expect that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Walmart Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 4th. Investors of record on Friday, December 11th will be paid 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 dividend payout ratio (DPR) is 36.13%.

Insider Activity at Walmart

In related news, CEO John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $124.84, for a total transaction of $1,638,525.00. Following the sale, the chief executive officer owned 674,162 shares of the company’s stock, valued at approximately $84,162,384.08. This trade represents a 1.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP John D. Rainey sold 20,000 shares of Walmart stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $127.79, for a total value 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 263,376 shares of company stock worth $32,851,650 in the last three months. Corporate insiders own 0.10% of the company’s stock.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart announced a third U.S. milk-processing facility, a $350 million investment to boost domestic dairy supply and vertical integration, which should cut supply-chain risk and support grocery margins. Walmart opens third U.S. milk processing facility with $350 million investment
• Positive Sentiment: Walmart earmarked millions for multiple Arizona store upgrades — investments that can boost traffic, comps and localized competitiveness. Walmart earmarks millions for multiple Arizona store upgrades
• Positive Sentiment: Institutional investor Alecta increased its Walmart stake by ~406,400 shares, a sign of confidence from a large pension investor. Alecta Pensionsforsakring Boosts Walmart Stake by 406,400 Shares
• Positive Sentiment: Walmart is expanding local-product assortments (e.g., region-specific coffee/beans) to better serve price?sensitive consumers and differentiate merchandising — a low-cost way to improve basket relevance. Walmart Eyes Local Products as National Consumer Mood Sours
• Neutral Sentiment: Coverage and analyst pieces debate Walmart vs. Costco and reiterate bullish theses on WMT’s e?commerce gains and higher?income customer mix — these keep sentiment constructive but don’t change fundamentals immediately. Better Buy: Walmart or Costco Stock
• Neutral Sentiment: Several bullish write-ups (Yahoo/InsiderMonkey summarizing a Substack thesis) highlight valuation and growth arguments; useful for sentiment but not new company action. Is Walmart Inc. (WMT) A Good Stock To Buy Now?
• Neutral Sentiment: Walmart’s Acres for America grants program awarded $5.4M in conservation grants — positive for ESG profile but limited direct financial impact. NFWF Announces $5.4 Million in Grants from Walmart’s Acres for America Program
• Neutral Sentiment: Internal leadership redesign (changes to store-lead roles and retention moves for high-paid managers) suggests workforce optimization; could reduce costs or create short-term disruption depending on execution. Walmart redesigns its leadership pipeline as managers making $400K stay for longer

Analyst Upgrades and Downgrades

WMT has been the topic of several recent research reports. Guggenheim raised their price objective on Walmart from $120.00 to $137.00 and gave the stock a “buy” rating in a research note on Monday, April 13th. Royal Bank Of Canada set a $145.00 price objective on Walmart in a research note on Friday, February 20th. Citigroup reaffirmed a “buy” rating and issued a $147.00 price objective (up from $120.00) on shares of Walmart in a research note on Thursday, February 5th. Craig Hallum set a $150.00 price objective on Walmart in a research note on Friday, March 6th. Finally, Erste Group Bank raised Walmart from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 2nd. Two 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, Walmart has a consensus rating of “Buy” and an average target price of $137.79.

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.