Cullen Frost Bankers Inc. Purchases 13,699 Shares of Walmart Inc. $WMT

Cullen Frost Bankers Inc. raised its position in Walmart Inc. (NASDAQ:WMT) by 2.7% during the 4th quarter, HoldingsChannel reports. The fund owned 520,544 shares of the retailer’s stock after buying an additional 13,699 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in Walmart were worth $57,994,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Jag Capital Management LLC lifted its stake in Walmart by 4.7% in the 4th quarter. Jag Capital Management LLC now owns 12,084 shares of the retailer’s stock valued at $1,346,000 after acquiring an additional 542 shares in the last quarter. Mitsubishi UFJ Asset Management UK Ltd. lifted its stake in Walmart by 27.3% in the 4th quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 28,000 shares of the retailer’s stock valued at $3,119,000 after acquiring an additional 6,000 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its stake in Walmart by 18.9% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 8,728 shares of the retailer’s stock valued at $972,000 after acquiring an additional 1,386 shares in the last quarter. Forefront Wealth Partners LLC acquired a new position in Walmart during the fourth quarter valued at approximately $211,000. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in Walmart in the fourth quarter valued at approximately $42,995,000. Institutional investors own 26.76% of the company’s stock.

Walmart Trading Up 0.6%

Shares of Walmart stock opened at $134.20 on Wednesday. Walmart Inc. has a 12-month low of $93.43 and a 12-month high of $135.16. The stock has a market cap of $1.07 trillion, a P/E ratio of 48.98, a P/E/G ratio of 4.93 and a beta of 0.65. 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 business’s 50 day moving average is $126.78 and its 200-day moving average is $119.68.

Walmart (NASDAQ:WMT) last posted its earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.01. The business had revenue of $190.66 billion for the quarter, compared to analyst estimates of $188.37 billion. Walmart had a return on equity of 21.44% and a net margin of 3.07%.The firm’s revenue was up 5.6% compared to the same quarter last year. During the same period in the previous year, the firm 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. Equities research analysts predict that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Walmart Announces Dividend

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 issued a dividend of $0.2475 per share. The ex-dividend date of this dividend is Friday, December 11th. This represents a $0.99 dividend on an annualized basis and a dividend yield of 0.7%. Walmart’s payout ratio is presently 36.13%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on WMT shares. Guggenheim boosted their price target on Walmart from $120.00 to $137.00 and gave the stock a “buy” rating in a research report on Monday, April 13th. Jefferies Financial Group set a $145.00 price objective on Walmart in a research note on Friday, February 20th. Citigroup reiterated a “buy” rating and set a $147.00 price objective (up from $120.00) on shares of Walmart in a research note on Thursday, February 5th. Wells Fargo & Company reiterated an “overweight” rating and set a $140.00 price objective (up from $130.00) on shares of Walmart in a research note on Tuesday, February 10th. Finally, Bank of America began coverage on Walmart in a research note on Friday, February 27th. They set a “buy” rating and a $150.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Walmart presently has a consensus rating of “Buy” and an average price target of $138.88.

Insider Buying and Selling at Walmart

In related news, EVP John D. Rainey sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $127.79, for a total transaction of $2,555,800.00. Following the transaction, the executive vice president directly owned 486,764 shares of the company’s stock, valued at approximately $62,203,571.56. The trade was a 3.95% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO John R. Furner sold 13,125 shares of the business’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $121.96, for a total value of $1,600,725.00. Following the transaction, the chief executive officer directly owned 687,287 shares in the company, valued at $83,821,522.52. The trade was a 1.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 167,190 shares of company stock worth $20,975,838 in the last three months. 0.10% of the stock is owned by insiders.

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Analysts have been raising price targets and reiterating bullish ratings on Walmart ahead of earnings, reflecting confidence in the company’s execution and near-term outlook. Walmart stock: Here’s why analysts are raising price targets before Q1 earnings
• Positive Sentiment: Walmart is benefiting from its scale, digital expansion, and higher-margin businesses, which are helping it outperform rivals and absorb tariff-related cost pressure better than peers. Scale, online push and loyalty fees: how Walmart won the year of the tariffs
• Positive Sentiment: Walmart is expected to deliver solid Q1 results, with investors watching for continued omnichannel momentum, e-commerce growth, and gains in ads and membership revenue. Walmart Looks Strong Ahead of Q1 Earnings: Should Investors Stay Put?
• Positive Sentiment: Management’s push into AI and automation could support margins over time by improving fulfillment efficiency and lowering operating costs. Walmart’s AI and Automation Push: Long-Term Cost Advantage?
• Neutral Sentiment: One small insider sale by EVP Daniel Bartlett is a headline risk, but it was a pre-arranged 10b5-1 transaction and does not appear to signal a major change in outlook. SEC Form 4 filing
• Neutral Sentiment: Broader retail comparisons and market worries around consumer spending and geopolitics may create short-term volatility, but they also reinforce Walmart’s defensive appeal. NVDA, WMT Report This Week, but News on the Strait Is Key

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.