Bowen Hanes & Co. Inc. Sells 5,700 Shares of Walmart Inc. $WMT

Bowen Hanes & Co. Inc. trimmed its stake in Walmart Inc. (NASDAQ:WMT) by 10.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 50,540 shares of the retailer’s stock after selling 5,700 shares during the period. Bowen Hanes & Co. Inc.’s holdings in Walmart were worth $5,631,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in WMT. Brighton Jones LLC raised its position in shares of Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after purchasing an additional 21,939 shares during the period. Revolve Wealth Partners LLC raised its position in shares of Walmart by 5.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after purchasing an additional 485 shares during the period. Peterson Wealth Management raised its position in shares of Walmart by 3.5% in the first quarter. Peterson Wealth Management now owns 50,307 shares of the retailer’s stock valued at $4,416,000 after purchasing an additional 1,715 shares during the period. Sivia Capital Partners LLC raised its position in shares of Walmart by 0.9% in the second quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer’s stock valued at $1,272,000 after purchasing an additional 116 shares during the period. Finally, Schnieders Capital Management LLC. grew its position in shares of Walmart by 1.2% in the second quarter. Schnieders Capital Management LLC. now owns 91,341 shares of the retailer’s stock valued at $8,931,000 after purchasing an additional 1,048 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Price Performance

Shares of WMT stock opened at $116.89 on Thursday. The stock’s fifty day simple moving average is $125.79 and its 200 day simple moving average is $120.98. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.23. The firm has a market cap of $930.22 billion, a price-to-earnings ratio of 41.01, a P/E/G ratio of 4.22 and a beta of 0.59. Walmart Inc. has a one year low of $93.43 and a one year high of $135.15.

Walmart (NASDAQ:WMT) last announced its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, meeting the consensus estimate of $0.66. The business had revenue of $177.75 billion for the quarter, compared to analyst estimates of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.Walmart’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 EPS. 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 expect that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on WMT shares. HSBC downgraded Walmart from a “buy” rating to a “hold” rating and raised their price target for the company from $122.00 to $131.00 in a research report on Friday, February 20th. Truist Financial set a $140.00 price target on Walmart in a research report on Thursday, May 21st. Roth Mkm reaffirmed a “buy” rating and issued a $138.00 price target on shares of Walmart in a research report on Friday, February 20th. Oppenheimer reaffirmed an “outperform” rating and issued a $140.00 price target (up from $125.00) on shares of Walmart in a research report on Monday, February 9th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $137.00 price target (down from $140.00) on shares of Walmart in a research report on Friday, May 22nd. Two research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $138.85.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: BTIG Research reaffirmed its Buy rating on Walmart and raised its price target to $145, implying meaningful upside and reinforcing the view that the company’s scale and execution remain strong. BTIG Research reaffirms Buy on Walmart
• Positive Sentiment: Tigress Financial also lifted its price target on Walmart to $155, citing the retailer’s AI-driven platform shift and digital expansion, which suggests analysts still see Walmart as a long-term growth story. Tigress Financial raises Walmart price target
• Neutral Sentiment: Several articles compared Walmart with Target and highlighted Walmart’s defensive profile, strong scale, and upper-income customer gains. These pieces are more supportive of the investment case than directly market-moving. Walmart vs. Target long-term hold
• Neutral Sentiment: Walmart-backed OnePay is expanding beyond the retailer’s ecosystem, which could broaden the fintech business over time, but the impact on WMT shares is indirect for now. OnePay expansion
• Negative Sentiment: A class action lawsuit over Walmart’s Massachusetts hiring practices adds legal and compliance risk, with allegations that the company improperly requires criminal history disclosure and honesty tests. Walmart hiring practices lawsuit
• Negative Sentiment: Another lawsuit tied to allegedly contaminated SpaghettiOs sold at Walmart raises product-liability concerns, which could weigh on investor sentiment even if the case is isolated. SpaghettiOs lawsuit
• Negative Sentiment: Amazon overtaking Walmart for the top spot in the Fortune 500 is a symbolic setback, underscoring Amazon’s faster revenue growth and intensifying competition in retail. Amazon overtakes Walmart in Fortune 500

Insiders Place Their Bets

In related news, EVP Daniel J. Bartlett sold 1,250 shares of the business’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $133.77, for a total value of $167,212.50. Following the sale, the executive vice president owned 635,593 shares of the company’s stock, valued at $85,023,275.61. The trade was a 0.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher James Nicholas sold 2,900 shares of the business’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $123.92, for a total value of $359,368.00. Following the completion of the sale, the executive vice president directly owned 577,853 shares in the company, valued at approximately $71,607,543.76. This represents a 0.50% decrease in their position. 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 have sold 117,008 shares of company stock worth $14,492,704 over the last quarter. Corporate insiders own 0.09% of the company’s stock.

About Walmart

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.