CIBC Bancorp USA Inc. Invests $99.29 Million in Walmart Inc. $WMT

CIBC Bancorp USA Inc. bought a new stake in Walmart Inc. (NASDAQ:WMT) in the third quarter, HoldingsChannel.com reports. The firm bought 963,449 shares of the retailer’s stock, valued at approximately $99,293,000.

Several other institutional investors and hedge funds have also modified their holdings of WMT. Tcfg Wealth Management LLC increased its position in Walmart by 6.7% during the third quarter. Tcfg Wealth Management LLC now owns 4,750 shares of the retailer’s stock worth $490,000 after acquiring an additional 297 shares during the period. Oarsman Capital Inc. raised its stake in Walmart by 1.2% in the 3rd quarter. Oarsman Capital Inc. now owns 41,752 shares of the retailer’s stock worth $4,303,000 after purchasing an additional 515 shares in the last quarter. Ariadne Wealth Management LP boosted its holdings in Walmart by 4.9% in the 3rd quarter. Ariadne Wealth Management LP now owns 3,308 shares of the retailer’s stock valued at $339,000 after purchasing an additional 154 shares during the period. Old North State Trust LLC boosted its holdings in Walmart by 1.4% in the 3rd quarter. Old North State Trust LLC now owns 13,624 shares of the retailer’s stock valued at $1,404,000 after purchasing an additional 189 shares during the period. Finally, Centaurus Financial Inc. grew its position in shares of Walmart by 3.6% during the 3rd quarter. Centaurus Financial Inc. now owns 106,407 shares of the retailer’s stock worth $10,966,000 after purchasing an additional 3,690 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the stock. Evercore reaffirmed an “outperform” rating and set a $130.00 target price (up from $125.00) on shares of Walmart in a report on Tuesday, February 3rd. Telsey Advisory Group increased their price target on Walmart from $135.00 to $140.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. Barclays restated an “overweight” rating and set a $125.00 price objective (up from $108.00) on shares of Walmart in a research note on Thursday, January 8th. Morgan Stanley reaffirmed an “overweight” rating and issued a $135.00 price objective (up from $125.00) on shares of Walmart in a report on Thursday, January 15th. Finally, Wall Street Zen downgraded Walmart from a “buy” rating to a “hold” rating in a research report on Sunday, January 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $135.76.

Walmart Stock Performance

Shares of Walmart stock opened at $121.98 on Thursday. The company has a current ratio of 0.79, a quick ratio of 0.24 and a debt-to-equity ratio of 0.38. The company has a market cap of $972.47 billion, a PE ratio of 44.52, a price-to-earnings-growth ratio of 4.66 and a beta of 0.66. The company has a 50 day moving average of $123.83 and a 200-day moving average of $112.53. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $134.69.

Walmart (NASDAQ:WMT) last announced its quarterly earnings data on Thursday, February 19th. The retailer reported $0.74 EPS for the quarter, beating the consensus estimate of $0.73 by $0.01. Walmart had a net margin of 3.07% and a return on equity of 21.44%. The business had revenue of $190.66 billion during the quarter, compared to the consensus estimate of $188.37 billion. During the same period in the previous year, the business earned $0.66 earnings per share. The company’s revenue was up 5.6% on a year-over-year basis. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. As a group, equities research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Dividend Announcement

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

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart won U.S. patents for two machine‑learning systems to inform item pricing — a potential margin and competitive improvement if deployed at scale for dynamic pricing and promotions. Walmart Secures Machine Learning Patents for Pricing Items
• Positive Sentiment: Walmart Marketplace expands capabilities via a verified Doba integration, speeding onboarding and automated dropshipping for sellers — supports marketplace assortment and low‑capital inventory expansion. Doba Announces Verified Technical Integration with Walmart Marketplace to Empower Dropshipping Sellers
• Positive Sentiment: Analyst/media pieces highlight Walmart’s faster‑growing e‑commerce and advertising businesses and its AI initiatives — reinforcing the view of higher‑margin revenue streams beyond physical retail. 1 Stock I Plan to Load Up On in 2026
• Neutral Sentiment: Commentary notes Walmart as a recession‑resilient consumer staple, which supports defensive demand for shares in macro uncertainty — a structural positive but not an immediate catalyst. Predictions Markets Are Pointing to a Potential Recession. 3 Stocks to Buy.
• Negative Sentiment: A shareholder law firm launched an investigation into Walmart’s board over alleged deceptive pay practices for Spark drivers — raises governance, litigation and reputational risk that can pressure the stock until resolved. Berger Montague PC Investigates Walmart Inc.’s Board of Directors for Breach of Fiduciary Duty (NASDAQ: WMT)
• Negative Sentiment: Amazon rolled out 1‑hour and 3‑hour shipping in major U.S. markets — intensifying delivery competition and potentially pressuring Walmart’s value proposition and margins on rapid fulfillment. Amazon launches 1-hour shipping in US cities to challenge Walmart
• Negative Sentiment: Walmart‑backed PhonePe paused IPO plans amid Middle East market volatility — delays potential monetization/valuation realization and is a reminder external market conditions can affect Walmart’s non‑core asset strategies. Walmart-backed PhonePe pauses IPO plans as Middle East conflict fuels market volatility
• Negative Sentiment: Analysts warn WMT’s valuation looks rich given the premium multiple assigned for e‑commerce and advertising growth — valuation concerns can amplify downside on disappointing news. Walmart’s Valuation Looks Rich: Should You Stay Invested in the Stock?

Insider Activity at Walmart

In other Walmart news, EVP Donna Morris sold 76,181 shares of Walmart stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $123.79, for a total value of $9,430,445.99. Following the transaction, the executive vice president owned 402,072 shares in the company, valued at $49,772,492.88. The trade was a 15.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Christopher James Nicholas sold 34,082 shares of the business’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $122.00, for a total value of $4,158,004.00. Following the transaction, the executive vice president directly owned 533,466 shares of the company’s stock, valued at approximately $65,082,852. The trade was a 6.01% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 265,153 shares of company stock worth $32,465,924 in the last three months. Insiders own 0.10% of the company’s stock.

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.