Azimuth Capital Investment Management LLC lowered its holdings in Walmart Inc. (NASDAQ:WMT – Free Report) by 4.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 241,197 shares of the retailer’s stock after selling 10,941 shares during the quarter. Walmart comprises about 0.9% of Azimuth Capital Investment Management LLC’s investment portfolio, making the stock its 25th largest position. Azimuth Capital Investment Management LLC’s holdings in Walmart were worth $24,858,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Banco Bilbao Vizcaya Argentaria S.A. lifted its position in shares of Walmart by 7.9% during the third quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 804,144 shares of the retailer’s stock worth $82,856,000 after purchasing an additional 58,743 shares in the last quarter. Chilton Investment Co. Inc. increased its holdings in shares of Walmart by 7.8% in the third quarter. Chilton Investment Co. Inc. now owns 42,344 shares of the retailer’s stock valued at $4,364,000 after purchasing an additional 3,047 shares in the last quarter. Bank of Nova Scotia increased its holdings in shares of Walmart by 11.1% in the third quarter. Bank of Nova Scotia now owns 967,224 shares of the retailer’s stock valued at $99,682,000 after purchasing an additional 96,672 shares in the last quarter. Bcwm LLC raised its position in Walmart by 8.4% in the 3rd quarter. Bcwm LLC now owns 122,773 shares of the retailer’s stock worth $12,653,000 after purchasing an additional 9,527 shares during the last quarter. Finally, BNP Paribas raised its position in Walmart by 1.3% in the 3rd quarter. BNP Paribas now owns 380,648 shares of the retailer’s stock worth $39,168,000 after purchasing an additional 4,735 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.
Key Headlines Impacting Walmart
Here are the key news stories impacting Walmart this week:
- Positive Sentiment: Walmart reported continued digital strength: eCommerce grew ~24% in the fiscal fourth quarter, reinforcing its omnichannel momentum and supporting revenue beat and modest upside to guidance — a clear near-term growth driver. Walmart eCommerce Up 24: Can Digital Momentum Continue?
- Positive Sentiment: Analysts and portfolio shops remain constructive: Tigress Financial reiterated a Buy and raised its price target to $150, citing Walmart’s shift toward tech-driven omnichannel operations — a signal of upward analyst sentiment. Tigress Financial Sees Walmart Inc. (WMT) as Tech-Driven Retail Leader
- Positive Sentiment: Flipkart IPO progress (Walmart-backed) remains a potential longer-term upside — an equity event that could unlock value and generate cash/strategic optionality. Walmart-backed Flipkart preps for an IPO as early as this year
- Neutral Sentiment: Schaeffer’s options commentary flagged bullish setups and the possibility of further record highs for WMT — useful for options traders but not a broad fundamental catalyst. Walmart Stock Could Nab More Record Highs
- Neutral Sentiment: Analysis pieces (The Motley Fool) flag that Walmart’s digital push could pay off if fulfillment economics and ROIC improve; it’s strategic upside but execution-dependent. Will Walmart’s Digital Push Pay Off in 2026?
- Neutral Sentiment: Walmart is referenced in pieces about stock splits and retail-focused ETFs — background thematic support but not an immediate catalyst. 3 ETFs That Could Benefit as Consumers Tighten Their Budgets (WMT)
- Negative Sentiment: Geopolitical risk: coverage notes the Iran war and possible Strait of Hormuz disruptions could push supply-chain costs and retail prices higher — a margin and inflation risk for Walmart. How the Iran war could start to impact U.S. retail prices
- Negative Sentiment: Valuation and sentiment pressure: commentary (247WallStreet) highlights retail investor criticism of WMT’s ~46x multiple and recent bearish social sentiment, raising the risk of multiple compression if growth disappoints. Reddit’s Loudest Walmart Critics Have a Point About That 46x Multiple
Analyst Ratings Changes
Insider Activity
In other news, EVP Christopher James Nicholas sold 34,082 shares of the business’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $122.00, for a total transaction of $4,158,004.00. Following the completion of the transaction, the executive vice president directly owned 533,466 shares in the company, valued at approximately $65,082,852. The trade was a 6.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $119.99, for a total value of $1,574,868.75. Following the completion of the sale, the executive vice president directly owned 727,155 shares of the company’s stock, valued at approximately $87,251,328.45. This trade represents a 1.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 279,703 shares of company stock valued at $34,140,843. Insiders own 0.10% of the company’s stock.
Walmart Stock Performance
Shares of Walmart stock opened at $126.52 on Friday. The firm has a fifty day moving average of $123.16 and a two-hundred day moving average of $111.95. The stock has a market capitalization of $1.01 trillion, a price-to-earnings ratio of 46.18, a PEG ratio of 4.71 and a beta of 0.66. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $134.69. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.24 and a current ratio of 0.79.
Walmart (NASDAQ:WMT – Get Free Report) last posted its quarterly earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.01. Walmart had a return on equity of 21.44% and a net margin of 3.07%.The business had revenue of $190.66 billion for the quarter, compared to analyst estimates of $188.37 billion. During the same period last year, the company earned $0.66 EPS. The firm’s revenue was up 5.6% on a year-over-year basis. 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 research analysts predict that Walmart Inc. will post 2.55 EPS 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 paid a $0.2475 dividend. The ex-dividend date of this dividend is Friday, December 11th. This represents a $0.99 annualized dividend and a yield of 0.8%. Walmart’s dividend payout ratio is presently 36.13%.
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.
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