Walmart Inc. $WMT Shares Bought by Brookstone Capital Management

Brookstone Capital Management grew its stake in shares of Walmart Inc. (NASDAQ:WMT) by 9.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 324,945 shares of the retailer’s stock after purchasing an additional 28,319 shares during the quarter. Brookstone Capital Management’s holdings in Walmart were worth $40,384,000 as of its most recent filing with the Securities and Exchange Commission.

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

Analyst Ratings Changes

WMT has been the topic of a number of research analyst reports. Evercore reiterated an “outperform” rating on shares of Walmart in a research report on Monday, May 18th. BTIG Research reissued a “buy” rating and issued a $145.00 target price on shares of Walmart in a research report on Wednesday, June 3rd. Truist Financial set a $140.00 price target on Walmart in a research note on Thursday, May 21st. KeyCorp restated an “overweight” rating on shares of Walmart in a research note on Friday, May 22nd. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Walmart in a research report on Monday, June 8th. 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 company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $138.85.

Walmart Stock Up 1.9%

Walmart stock opened at $119.42 on Wednesday. The stock’s 50 day moving average price is $124.22 and its 200 day moving average price is $122.18. Walmart Inc. has a 1-year low of $94.23 and a 1-year high of $135.15. The company has a market cap of $950.35 billion, a PE ratio of 41.90, a price-to-earnings-growth ratio of 4.37 and a beta of 0.59. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.23.

Walmart (NASDAQ:WMT) last released its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.66. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The firm had revenue of $177.75 billion during the quarter, compared to analysts’ expectations of $174.84 billion. During the same quarter in the prior year, the business posted $0.61 earnings per share. Walmart’s revenue was up 7.4% compared to the same quarter last year. 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, sell-side analysts predict that Walmart Inc. will post 2.89 EPS for the current fiscal year.

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart’s long-term nuclear power deal with Constellation Energy supports its sustainability strategy and may improve power-cost stability for operations. Article Title
• Positive Sentiment: Walmart’s planned acquisition of Vibe.co could expand its connected-TV advertising reach and boost higher-margin ad revenue. Article Title
• Positive Sentiment: Walmart’s Medicare support push and new weight-management coverage guidance may strengthen pharmacy traffic and customer loyalty. Article Title
• Positive Sentiment: Walmart will sell Life Extension supplements in 4,000+ stores, adding another health-and-wellness product line. Article Title
• Neutral Sentiment: An executive sold 2,900 shares under a pre-arranged trading plan; the sale appears routine and small relative to the executive’s holdings. Article Title
• Negative Sentiment: Walmart faces a proposed lawsuit alleging AI-driven gas-price inflation in California, which could create legal and reputational risk. Article Title

Insider Buying and Selling at Walmart

In related news, EVP Latriece Watkins sold 11,000 shares of the firm’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $118.97, for a total value of $1,308,670.00. Following the completion of the sale, the executive vice president owned 120,203 shares in the company, valued at $14,300,550.91. This trade represents a 8.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO John R. Furner sold 13,125 shares of the business’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $124.84, for a total transaction of $1,638,525.00. Following the sale, the chief executive officer directly owned 674,162 shares in the company, valued at approximately $84,162,384.08. This represents a 1.91% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 120,146 shares of company stock worth $14,835,898. Company insiders own 0.09% of the company’s stock.

Walmart Company 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.