Montrusco Bolton Investments Inc. Has $57.96 Million Stock Position in Walmart Inc. $WMT

Montrusco Bolton Investments Inc. grew its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 18.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 562,384 shares of the retailer’s stock after acquiring an additional 88,414 shares during the period. Walmart comprises 0.7% of Montrusco Bolton Investments Inc.’s holdings, making the stock its 27th largest holding. Montrusco Bolton Investments Inc.’s holdings in Walmart were worth $57,959,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Citizens Business Bank lifted its holdings in Walmart by 1.3% during the 3rd quarter. Citizens Business Bank now owns 58,597 shares of the retailer’s stock worth $6,039,000 after buying an additional 760 shares during the period. Sumitomo Life Insurance Co. lifted its stake in shares of Walmart by 7.2% in the third quarter. Sumitomo Life Insurance Co. now owns 149,406 shares of the retailer’s stock worth $15,398,000 after acquiring an additional 9,979 shares during the period. SeaTown Holdings Pte. Ltd. boosted its holdings in Walmart by 1.0% in the third quarter. SeaTown Holdings Pte. Ltd. now owns 106,208 shares of the retailer’s stock valued at $10,946,000 after acquiring an additional 1,000 shares during the last quarter. Second Half Financial Partners LLC increased its position in Walmart by 2.6% during the 3rd quarter. Second Half Financial Partners LLC now owns 11,426 shares of the retailer’s stock valued at $1,178,000 after purchasing an additional 289 shares during the period. Finally, K.J. Harrison & Partners Inc raised its holdings in Walmart by 65.9% during the 3rd quarter. K.J. Harrison & Partners Inc now owns 55,404 shares of the retailer’s stock worth $5,635,000 after purchasing an additional 22,000 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Wall Street Analysts Forecast Growth

WMT has been the subject of a number of analyst reports. The Goldman Sachs Group reissued a “buy” rating and set a $138.00 target price on shares of Walmart in a research note on Friday, February 20th. CICC Research assumed coverage on Walmart in a research report on Friday, December 26th. They set an “outperform” rating and a $125.00 target price on the stock. Roth Mkm reaffirmed a “buy” rating and set a $138.00 target price on shares of Walmart in a research note on Friday, February 20th. Guggenheim reiterated a “buy” rating and issued a $120.00 target price (up from $115.00) on shares of Walmart in a report on Friday, November 21st. Finally, JPMorgan Chase & Co. increased their price target on Walmart from $128.00 to $129.00 and gave the stock an “overweight” rating in a report on Friday, November 21st. One analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $133.67.

Walmart Stock Performance

NASDAQ WMT opened at $125.74 on Thursday. The firm has a market cap of $1.00 trillion, a P/E ratio of 45.89, a price-to-earnings-growth ratio of 5.12 and a beta of 0.65. The company has a quick ratio of 0.24, a current ratio of 0.79 and a debt-to-equity ratio of 0.38. The company’s 50 day moving average is $119.97 and its 200-day moving average is $109.81. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $134.69.

Walmart (NASDAQ:WMT) last released its quarterly earnings data on Thursday, February 19th. The retailer reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.01. Walmart had a net margin of 3.07% and a return on equity of 21.44%. The business had revenue of $190.66 billion during the quarter, compared to analyst estimates of $188.37 billion. During the same period in the previous year, the business earned $0.66 EPS. Walmart’s revenue was up 5.6% compared to the same quarter last year. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. Sell-side analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, January 4th. Shareholders of record on Friday, December 11th will be issued a dividend of $0.2475 per share. This represents a $0.99 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, December 11th. Walmart’s payout ratio is presently 34.31%.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Board approved a new US$30 billion share repurchase program (after completing ~US$16.1B) and set a ~$0.99 annual dividend for FY27 — a capital‑return push that supports EPS and the stock. Read More.
• Positive Sentiment: Walmart is launching Scintilla In‑Store, a real‑time data platform to help suppliers manage availability and execution — this strengthens Walmart’s data moat and can raise in‑store productivity and margins. Read More.
• Positive Sentiment: Multiple analyst upgrades and higher price targets (Bernstein to $134; TD Cowen to $145) reflect confidence in AI‑enabled retail positioning and drove buying interest. Read More. Read More.
• Positive Sentiment: Walmart briefly rejoined the $1 trillion market‑cap club in February, signaling renewed investor enthusiasm that non‑tech mega‑caps can still expand valuation. Read More.
• Positive Sentiment: Company reported its highest U.S. grocery penetration ever and record e‑commerce penetration, trends that support faster profit growth versus sales. Read More.
• Neutral Sentiment: Analyst/sector notes highlight durable momentum in ecommerce, advertising and fulfillment, but also point to some post‑earnings profit‑taking — mixed near‑term read for shares. Read More.
• Neutral Sentiment: Media comparisons with peers (Costco, Dollar General) keep investor focus on where Walmart sits on margins, membership dynamics and valuation — useful context but not an immediate catalyst. Read More.
• Negative Sentiment: Walmart CEO John Furner sold 13,125 shares — an insider sale that can create short‑term headlines and be interpreted as a modest negative signal. Read More.

Insider Activity

In other news, EVP Donna Morris sold 76,181 shares of the stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $123.79, for a total value of $9,430,445.99. Following the sale, the executive vice president directly owned 402,072 shares of the company’s stock, valued at approximately $49,772,492.88. This represents a 15.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Daniel J. Bartlett sold 1,255 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $133.21, for a total transaction of $167,178.55. Following the transaction, the executive vice president directly owned 586,329 shares of the company’s stock, valued at approximately $78,104,886.09. This represents a 0.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 261,903 shares of company stock valued at $31,496,959. 0.10% of the stock is currently owned by insiders.

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.