iA Global Asset Management Inc. Has $96.06 Million Stock Position in Walmart Inc. $WMT

iA Global Asset Management Inc. lifted its stake in Walmart Inc. (NASDAQ:WMT) by 131.5% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 772,967 shares of the retailer’s stock after purchasing an additional 439,028 shares during the period. Walmart accounts for approximately 1.4% of iA Global Asset Management Inc.’s holdings, making the stock its 14th largest holding. iA Global Asset Management Inc.’s holdings in Walmart were worth $96,064,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Norges Bank bought a new stake in shares of Walmart in the 4th quarter valued at about $6,458,529,000. AQR Capital Management LLC boosted its stake in Walmart by 188.1% during the 3rd quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer’s stock worth $1,199,907,000 after acquiring an additional 7,614,172 shares during the last quarter. Geode Capital Management LLC grew its holdings in Walmart by 6.8% during 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 purchasing an additional 6,517,394 shares during the period. Capital International Investors bought a new stake in Walmart in the fourth quarter valued at approximately $592,848,000. Finally, Vanguard Group Inc. raised its holdings in Walmart by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer’s stock worth $49,015,626,000 after purchasing an additional 4,304,436 shares during the period. 26.76% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently issued reports on WMT shares. Truist Financial set a $140.00 price target on Walmart in a report on Thursday, May 21st. BTIG Research reissued a “buy” rating and set a $145.00 price objective on shares of Walmart in a report on Wednesday, June 3rd. UBS Group set a $141.00 price objective on shares of Walmart and gave the company a “buy” rating in a research report on Friday, May 22nd. Wolfe Research reaffirmed 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. Finally, Freedom Capital upgraded shares of Walmart from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 21st. 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 company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $138.85.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Unusual options activity showed strong bullish interest, with traders buying 172,007 WMT call options, well above the normal daily level, suggesting some investors are positioning for a rebound.
• Positive Sentiment: Analysts and commentators highlighted Walmart Connect as a growing margin driver, supported by ad growth, marketplace expansion, seller spending, and e-commerce gains.
• Positive Sentiment: Walmart’s push into agentic shopping with Google’s Gemini and broader AI-enabled commerce is being viewed as a potential long-term catalyst for sales and ecosystem growth. Article Title
• Positive Sentiment: Walmart and Flipkart are preparing to expand quick-commerce capabilities in India, which could strengthen Walmart’s international digital growth story. Article Title
• Neutral Sentiment: Walmart was mentioned in coverage of Medicare obesity-drug coverage, where the company is helping seniors navigate benefits; this is supportive of its health-services positioning but is not a major near-term earnings driver. Article Title
• Negative Sentiment: Research notes and trading commentary said U.S. comparable sales may be slowing, with investors worried Walmart has leaned on price cuts and tariff refunds to manage inventory, potentially pressuring margins. Article Title
• Negative Sentiment: Shares also came under pressure after reports highlighted slowing domestic sales growth and a near eight-month low, reinforcing concerns about near-term fundamental momentum. Article Title
• Negative Sentiment: EVP Daniel J. Bartlett sold 3,775 shares in a pre-arranged 10b5-1 transaction, which is typically routine but can still add a small amount of selling pressure sentiment-wise.

Walmart Price Performance

Walmart stock opened at $111.84 on Friday. The business’s 50-day simple moving average is $122.52 and its 200 day simple moving average is $122.14. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42. The stock has a market cap of $890.03 billion, a price-to-earnings ratio of 39.24, a P/E/G ratio of 4.06 and a beta of 0.60. Walmart Inc. has a 12-month low of $94.23 and a 12-month high of $135.15.

Walmart (NASDAQ:WMT) last announced its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share 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 period in the previous year, the business posted $0.61 EPS. The company’s quarterly 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. As a group, research analysts anticipate that Walmart Inc. will post 2.89 earnings per share for the current year.

Insider Buying and Selling at Walmart

In other Walmart news, EVP Latriece Watkins sold 11,000 shares of Walmart stock in a transaction 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 completion of the sale, the executive vice president owned 120,203 shares of the company’s stock, valued at approximately $14,300,550.91. The trade was a 8.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Christopher James Nicholas sold 2,900 shares of the company’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $118.19, for a total transaction of $342,751.00. Following the sale, the executive vice president owned 574,953 shares of the company’s stock, valued at $67,953,695.07. The trade was a 0.50% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 104,505 shares of company stock valued at $12,858,514 over the last 90 days. 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.