14,715 Shares in Walmart Inc. $WMT Bought by Aristotle Atlantic Partners LLC

Aristotle Atlantic Partners LLC purchased a new position in shares of Walmart Inc. (NASDAQ:WMT) during the first quarter, HoldingsChannel.com reports. The institutional investor purchased 14,715 shares of the retailer’s stock, valued at approximately $1,829,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in Walmart by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer’s stock worth $49,015,626,000 after acquiring an additional 4,304,436 shares during the period. State Street Corp raised its stake in shares of Walmart by 1.2% during the third quarter. State Street Corp now owns 184,805,978 shares of the retailer’s stock worth $19,046,104,000 after purchasing an additional 2,242,364 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Walmart by 6.8% during the fourth quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer’s stock worth $11,426,753,000 after purchasing an additional 6,517,394 shares during the period. Norges Bank acquired a new stake in shares of Walmart during the fourth quarter worth $6,458,529,000. Finally, Fisher Asset Management LLC grew its position in Walmart by 0.8% in the 4th quarter. Fisher Asset Management LLC now owns 40,626,852 shares of the retailer’s stock valued at $4,526,238,000 after buying an additional 328,229 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Royal Bank of Canada reportedly reaffirmed an Outperform rating on Walmart, a supportive signal that may help bolster investor confidence. Walmart (NASDAQ:WMT) Earns Outperform Rating from Royal Bank Of Canada
• Positive Sentiment: Walmart was highlighted as a wide-moat, sustainable growth stock, reinforcing the view that it can keep delivering steady results even in choppy markets. Top Wide-Moat Stocks to Invest in for Sustainable Growth
• Positive Sentiment: Walmart partnered with ReturnPro to refurbish and resell returned products, which could improve e-commerce efficiency and reduce losses from returns. Walmart (WMT) Partners With ReturnPro To Resell Returned Products
• Positive Sentiment: Coverage suggesting Walmart may be a solid growth stock could keep investors focused on its durable financial performance and scale advantages. Is Walmart (WMT) a Solid Growth Stock? 3 Reasons to Think “Yes”
• Neutral Sentiment: Investors are closely watching Walmart ahead of earnings, with previews focusing on what the company may report rather than providing a fresh catalyst by themselves. Walmart’s quarterly earnings preview: What you need to know
• Neutral Sentiment: Walmart being one of Zacks’ most-searched stocks indicates strong investor interest, but not necessarily a direct fundamental driver. Investors Heavily Search Walmart Inc. (WMT): Here is What You Need to Know
• Neutral Sentiment: Articles discussing Walmart’s dividend profile may appeal to income investors, but they are unlikely to move the stock on their own. Does Walmart pay dividends? Its yield & payouts explained
• Negative Sentiment: One article noted Walmart’s extended share-price weakness and suggested the stock could be in a comeback setup, reflecting lingering concern after a recent downtrend. Walmart stock’s extended downturn could trigger a possible comeback
• Negative Sentiment: A bearish comparison piece argued investors might prefer another stock over WMT, citing weaker recent share performance and softer quarterly results. 3 Reasons to Sell WMT and 1 Stock to Buy Instead

Wall Street Analysts Forecast Growth

WMT has been the topic of several recent research reports. KeyCorp reissued an “overweight” rating on shares of Walmart in a research note on Friday, May 22nd. Wolfe Research restated an “outperform” rating and issued a $137.00 target price (up from $135.00) on shares of Walmart in a research note on Monday, May 11th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Walmart in a report on Friday, May 22nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Walmart in a research note on Friday, July 17th. Finally, Guggenheim increased their price target on shares of Walmart from $120.00 to $137.00 and gave the stock a “buy” rating in a report on Monday, April 13th. One investment 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 stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $138.85.

Insider Activity at Walmart

In other Walmart news, EVP Latriece Watkins sold 11,000 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $118.97, for a total transaction of $1,308,670.00. Following the transaction, the executive vice president directly owned 120,203 shares in the company, valued at approximately $14,300,550.91. This represents a 8.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Daniel J. Bartlett sold 3,775 shares of the stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $109.64, for a total transaction of $413,891.00. Following the completion of the transaction, the executive vice president directly owned 630,009 shares of the company’s stock, valued at approximately $69,074,186.76. This trade represents a 0.60% decrease in their ownership of the stock. 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 sold a total of 67,729 shares of company stock valued at $8,124,931 in the last ninety days. Company insiders own 0.09% of the company’s stock.

Walmart Price Performance

Walmart stock opened at $109.47 on Friday. The company has a market cap of $871.17 billion, a P/E ratio of 38.41, a price-to-earnings-growth ratio of 4.08 and a beta of 0.60. Walmart Inc. has a one year low of $95.42 and a one year high of $135.15. The business has a fifty day moving average of $116.75 and a two-hundred day moving average of $121.97. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.77.

Walmart (NASDAQ:WMT) last posted its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.66. The business had revenue of $177.75 billion for the quarter, compared to analysts’ expectations of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The business’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the prior year, the company posted $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. As a group, analysts predict that Walmart Inc. will post 2.89 earnings per share 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.