BI Asset Management Fondsmaeglerselskab A S Sells 454,777 Shares of Walmart Inc. $WMT

BI Asset Management Fondsmaeglerselskab A S cut its position in shares of Walmart Inc. (NASDAQ:WMT) by 46.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 527,094 shares of the retailer’s stock after selling 454,777 shares during the quarter. Walmart comprises about 0.7% of BI Asset Management Fondsmaeglerselskab A S’s holdings, making the stock its 27th largest position. BI Asset Management Fondsmaeglerselskab A S’s holdings in Walmart were worth $65,502,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of WMT. Renaissance Group LLC grew its holdings in Walmart by 0.9% during the 4th quarter. Renaissance Group LLC now owns 9,636 shares of the retailer’s stock worth $1,074,000 after acquiring an additional 83 shares during the period. Calton & Associates Inc. lifted its stake in shares of Walmart by 0.3% in the 4th quarter. Calton & Associates Inc. now owns 27,220 shares of the retailer’s stock valued at $3,033,000 after purchasing an additional 84 shares during the period. Advocacy Wealth Management LLC lifted its stake in shares of Walmart by 2.5% in the 4th quarter. Advocacy Wealth Management LLC now owns 3,392 shares of the retailer’s stock valued at $378,000 after purchasing an additional 84 shares during the period. Stockman Wealth Management Inc. boosted its position in shares of Walmart by 3.5% during the 4th quarter. Stockman Wealth Management Inc. now owns 2,561 shares of the retailer’s stock valued at $285,000 after purchasing an additional 87 shares in the last quarter. Finally, Capstone Wealth Management LLC grew its stake in Walmart by 1.8% during the fourth quarter. Capstone Wealth Management LLC now owns 4,955 shares of the retailer’s stock worth $552,000 after purchasing an additional 89 shares during the period. Institutional investors own 26.76% of the company’s stock.

Analyst Ratings Changes

WMT has been the topic of several recent analyst reports. Evercore reissued an “outperform” rating on shares of Walmart in a research note on Monday, May 18th. UBS Group set a $141.00 price objective on shares of Walmart and gave the stock a “buy” rating in a research report on Friday, May 22nd. Piper Sandler reiterated an “overweight” rating on shares of Walmart in a research note on Monday, June 8th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Walmart in a research report on Monday, June 8th. Finally, Erste Group Bank lowered shares of Walmart from a “buy” rating to a “hold” rating in a research note on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $138.85.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart announced a nationwide effort with Sam’s Club to help Medicare beneficiaries understand new prescription drug coverage options tied to weight management and chronic care, reinforcing its healthcare and pharmacy services strategy.
• Positive Sentiment: Walmart is integrating Walmart Connect and Sam’s Club advertising operations into one framework, a move that signals continued growth and better monetization of its ad business.
• Positive Sentiment: Analyst commentary highlighted improving Walmart International sales, supported by store gains, e-commerce growth, marketplace expansion, and faster fulfillment, suggesting momentum in a key segment.
• Neutral Sentiment: EVP Christopher James Nicholas sold 2,900 shares at an average price of $118.19 under a pre-arranged Rule 10b5-1 plan; the sale was small relative to his holdings and is typically viewed as routine insider activity.
• Negative Sentiment: California consumers filed a proposed class-action lawsuit alleging Walmart and other retailers used an AI pricing tool to illegally raise gas prices, creating potential legal, regulatory, and reputational risk.
• Negative Sentiment: Reuters reported Walmart was among gas-station operators sued over allegations of AI-driven pump-price inflation in California, adding another legal headline that could pressure sentiment.
• Negative Sentiment: Walmart also faces scrutiny in China, where regulators ordered Sam’s Club to strengthen food-safety controls and supply-chain inspections, adding operational pressure in an important international market.

Insiders Place Their Bets

In related news, EVP Christopher James Nicholas sold 2,900 shares of the firm’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $123.92, for a total value of $359,368.00. Following the transaction, the executive vice president owned 577,853 shares of the company’s stock, valued at approximately $71,607,543.76. This trade represents a 0.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction dated Thursday, March 26th. The shares were sold at an average price of $123.16, for a total value of $2,391,274.56. Following the transaction, the director owned 4,213,406 shares of the company’s stock, valued at $518,923,082.96. This trade represents a 0.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 120,146 shares of company stock worth $14,835,898 in the last 90 days. Company insiders own 0.09% of the company’s stock.

Walmart Stock Performance

Shares of WMT stock opened at $117.18 on Tuesday. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The firm has a fifty day simple moving average of $124.37 and a two-hundred day simple moving average of $122.15. Walmart Inc. has a 12 month low of $94.23 and a 12 month high of $135.15. The firm has a market capitalization of $932.53 billion, a PE ratio of 41.12, a price-to-earnings-growth ratio of 4.37 and a beta of 0.60.

Walmart (NASDAQ:WMT) last released its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.66. The firm had revenue of $177.75 billion for the quarter, compared to analyst estimates of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period last year, the firm earned $0.61 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Analysts forecast that Walmart Inc. will post 2.89 EPS for the current fiscal year.

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.