Amarillo National Bank Boosts Holdings in Walmart Inc. $WMT

Amarillo National Bank lifted its position in shares of Walmart Inc. (NASDAQ:WMT) by 6.2% during the 1st quarter, HoldingsChannel reports. The firm owned 90,333 shares of the retailer’s stock after acquiring an additional 5,243 shares during the period. Walmart accounts for about 2.0% of Amarillo National Bank’s investment portfolio, making the stock its 14th biggest holding. Amarillo National Bank’s holdings in Walmart were worth $11,227,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Vise Technologies Inc. boosted its holdings in shares of Walmart by 42.1% during the 4th quarter. Vise Technologies Inc. now owns 275,341 shares of the retailer’s stock valued at $30,676,000 after acquiring an additional 81,635 shares during the last quarter. Van ECK Associates Corp lifted its position in Walmart by 2.9% during the third quarter. Van ECK Associates Corp now owns 1,010,886 shares of the retailer’s stock valued at $104,182,000 after purchasing an additional 28,026 shares during the period. Life Cycle Investment Partners Ltd bought a new position in Walmart during the fourth quarter valued at approximately $40,855,000. Vantus Wealth LLC purchased a new stake in Walmart in the fourth quarter worth approximately $1,087,000. Finally, Winning Points Advisors LLC purchased a new stake in Walmart in the fourth quarter worth approximately $1,761,000. 26.76% of the stock is currently owned by institutional investors.

Walmart Price Performance

Shares of Walmart stock opened at $115.78 on Friday. The stock has a market cap of $921.39 billion, a P/E ratio of 40.62, a P/E/G ratio of 4.44 and a beta of 0.59. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.77. The stock’s fifty day moving average is $123.93 and its 200 day moving average is $122.21. Walmart Inc. has a one year low of $94.23 and a one year high of $135.15.

Walmart (NASDAQ:WMT) last released its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.66. The business had revenue of $177.75 billion during 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%.During the same quarter in the previous year, the company posted $0.61 earnings per share. Walmart’s revenue for the quarter was up 7.4% on a year-over-year basis. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Sell-side analysts anticipate that Walmart Inc. will post 2.89 earnings per share for the current year.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart is expanding its Shapermint partnership into 1,600 more U.S. stores, adding another growth driver in apparel and broadening its non-grocery assortment. Article Title
• Positive Sentiment: Reports that Walmart plans to acquire Vibe.co suggest the company is investing to grow its connected-TV and retail-media advertising business, which could improve high-margin revenue. Article Title
• Neutral Sentiment: Analyst-style articles comparing Walmart with Walmart de Mexico focus on relative valuation rather than a new operational catalyst, so the stock impact appears limited. Article Title
• Neutral Sentiment: News that Walmart Business is working to reduce friction for small businesses is supportive of the long-term strategy, but it is not likely to move the shares much on its own. Article Title
• Negative Sentiment: Multiple reports say Amazon has overtaken Walmart as the largest U.S. retailer by gross merchandise value, highlighting competitive pressure and potentially tempering investor sentiment around Walmart’s retail dominance. Article Title
• Negative Sentiment: Another report emphasizing Amazon’s rise as the first retailer larger than Walmart since the Sears era may reinforce concerns that Walmart is losing some scale advantage. Article Title

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on WMT shares. Freedom Capital upgraded shares of Walmart from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 21st. Piper Sandler restated an “overweight” rating on shares of Walmart in a research note on Monday, June 8th. Truist Financial set a $140.00 price objective on Walmart in a report on Thursday, May 21st. Craig Hallum set a $150.00 price objective on Walmart in a research report on Friday, March 6th. Finally, Tigress Financial reissued a “buy” rating and issued a $155.00 target price (up from $150.00) on shares of Walmart in a report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $138.85.

Insider Buying and Selling

In related news, EVP David W. Guggina sold 11,978 shares of the stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total value of $1,435,203.96. Following the completion of the sale, the executive vice president directly owned 125,067 shares of the company’s stock, valued at approximately $14,985,527.94. This represents a 8.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Latriece Watkins sold 11,000 shares of Walmart stock in a transaction that occurred on 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 $14,300,550.91. This represents a 8.38% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 100,730 shares of company stock worth $12,444,624 in the last ninety days. 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.