Tocqueville Asset Management L.P. Sells 6,450 Shares of Walmart Inc. $WMT

Tocqueville Asset Management L.P. cut its stake in Walmart Inc. (NASDAQ:WMT) by 1.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 378,049 shares of the retailer’s stock after selling 6,450 shares during the quarter. Tocqueville Asset Management L.P.’s holdings in Walmart were worth $38,962,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Collier Financial bought a new stake in Walmart during the third quarter worth $25,000. Your Advocates Ltd. LLP purchased a new stake in Walmart in the 3rd quarter valued at $28,000. Redmont Wealth Advisors LLC bought a new position in Walmart during the 3rd quarter valued at $30,000. Roble Belko & Company Inc boosted its holdings in Walmart by 212.6% during the 3rd quarter. Roble Belko & Company Inc now owns 322 shares of the retailer’s stock worth $33,000 after acquiring an additional 219 shares during the last quarter. Finally, Manning & Napier Advisors LLC purchased a new position in Walmart during the 3rd quarter worth $39,000. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Stock Performance

WMT traded up $0.84 during trading on Friday, hitting $126.17. 2,944,034 shares of the company traded hands, compared to its average volume of 33,267,797. Walmart Inc. has a one year low of $79.81 and a one year high of $134.69. The stock’s fifty day moving average is $122.89 and its 200 day moving average is $111.62. 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 firm has a market cap of $1.01 trillion, a P/E ratio of 46.06, a price-to-earnings-growth ratio of 4.60 and a beta of 0.66.

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

Walmart Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 4th. Investors of record on Friday, December 11th will be paid a $0.2475 dividend. The ex-dividend date is Friday, December 11th. This represents a $0.99 annualized dividend and a yield of 0.8%. Walmart’s dividend payout ratio is presently 34.31%.

Analyst Upgrades and Downgrades

WMT has been the subject of several analyst reports. Telsey Advisory Group increased their target price on shares of Walmart from $135.00 to $140.00 and gave the company an “outperform” rating in a report on Friday, February 20th. Barclays restated an “overweight” rating and set a $125.00 price target (up from $108.00) on shares of Walmart in a report on Thursday, January 8th. Royal Bank Of Canada set a $145.00 price objective on shares of Walmart in a research report on Friday, February 20th. JPMorgan Chase & Co. increased their price objective on shares of Walmart from $128.00 to $129.00 and gave the company an “overweight” rating in a research note on Friday, November 21st. Finally, UBS Group reissued a “buy” rating and set a $147.00 target price (up from $135.00) on shares of Walmart in a research report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $135.76.

Insiders Place Their Bets

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction on Friday, December 26th. The stock was sold at an average price of $111.83, for a total value of $2,171,291.28. Following the sale, the chief executive officer directly owned 4,315,333 shares in the company, valued at $482,583,689.39. The trade was a 0.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Donna Morris sold 76,181 shares of the company’s stock in a transaction on 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 transaction, the executive vice president directly owned 402,072 shares in the company, valued at $49,772,492.88. This represents a 15.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 279,703 shares of company stock valued at $34,140,843 in the last quarter. 0.10% of the stock is currently owned by company insiders.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart’s eCommerce grew ~24% in the fiscal fourth quarter, underscoring ongoing digital and omnichannel strength that helped revenue beat estimates and supports margin improvement if fulfillment economics continue to improve. Walmart eCommerce Up 24%: Can Digital Momentum Continue?
• Positive Sentiment: Tigress Financial upgraded Walmart to a Buy and raised its price target to $150, signaling analyst confidence in Walmart’s transition to a tech-driven omnichannel retailer — analyst upgrades can attract flows and support the stock. Tigress Financial Sees Walmart Inc. (WMT) as Tech-Driven Retail Leader
• Positive Sentiment: Flipkart (Walmart-backed) is reportedly preparing for an IPO as soon as this year — a successful listing would be a potential catalyst and value unlock for Walmart’s international investment. Walmart-backed Flipkart preps for an IPO as early as this year
• Neutral Sentiment: Analysis pieces note that Walmart’s digital push must show improved return on invested capital (ROIC) and fulfillment economics to justify higher multiples; the company’s large store footprint is a strategic advantage if execution reduces costs. Will Walmart’s Digital Push Pay Off in 2026?
• Neutral Sentiment: Comparisons of Amazon (AMZN) vs. Walmart frame both long-term cases — investors should weigh Walmart’s margin/scale and grocery strength against Amazon’s higher-growth eCommerce profile when positioning for the next decade. AMZN vs. WMT: Which is the better stock to buy for the next 10 years?
• Negative Sentiment: Retail investor chatter on Reddit has turned bearish, arguing Walmart’s valuation (~46x some metric cited in coverage) is high — that social sentiment and short-term selling have pressured the stock recently and could increase volatility despite fundamentals. Reddit’s Loudest Walmart Critics Have a Point About That 46x Multiple

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.