Meyer Handelman Co. Reduces Stake in Walmart Inc. $WMT

Meyer Handelman Co. trimmed its holdings in Walmart Inc. (NASDAQ:WMT) by 0.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 745,869 shares of the retailer’s stock after selling 4,975 shares during the quarter. Walmart accounts for about 2.9% of Meyer Handelman Co.’s portfolio, making the stock its 3rd biggest holding. Meyer Handelman Co.’s holdings in Walmart were worth $92,697,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Entrust Financial LLC acquired a new position in Walmart in the fourth quarter worth approximately $27,000. Beacon Financial Strategies CORP bought a new stake in shares of Walmart during the 4th quarter worth $30,000. Bay Harbor Wealth Management LLC grew its holdings in shares of Walmart by 57.4% in the 4th quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock worth $32,000 after acquiring an additional 105 shares during the last quarter. Clayton Financial Group LLC lifted its stake in Walmart by 193.0% during the fourth quarter. Clayton Financial Group LLC now owns 293 shares of the retailer’s stock valued at $33,000 after buying an additional 193 shares in the last quarter. Finally, Sankala Group LLC acquired a new stake in shares of Walmart during the fourth quarter valued at approximately $33,000. Institutional investors own 26.76% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on WMT shares. Tigress Financial reaffirmed a “buy” rating and issued a $155.00 price objective (up from $150.00) on shares of Walmart in a research note on Friday, May 29th. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a report on Monday, April 20th. Evercore reaffirmed an “outperform” rating on shares of Walmart in a research report on Monday, May 18th. KeyCorp reiterated an “overweight” rating on shares of Walmart in a report on Friday, May 22nd. Finally, Raymond James Financial reissued an “outperform” rating and issued a $135.00 price objective on shares of Walmart in a research note on Friday, March 6th. One equities research 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. According to data from MarketBeat.com, Walmart currently has a consensus rating of “Moderate Buy” and a consensus price target of $138.85.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Analysts said Walmart’s reported deal for Vibe.co strengthens its advertising strategy and could support long-term revenue growth, helping investors see the company as more than just a low-margin retailer. Prediction: Walmart Will Rejoin the $1 Trillion Club by 2027. Here’s Why It’s a Great Buy Now.
• Positive Sentiment: Walmart is expanding Shapermint into 1,600 more stores nationwide, adding another growth initiative outside core grocery sales and reinforcing its push into higher-margin apparel and lifestyle categories. Walmart (WMT) Expands Shapermint Into 1,600 More Stores Nationwide
• Positive Sentiment: Coverage highlighting Walmart’s long-term scale and growth prospects suggests the stock remains attractive for investors who believe its advertising, marketplace, and omnichannel businesses can expand profits over time. Walmart vs. Target: Which Stock Offers Better Long-Term Value?
• Neutral Sentiment: Several articles compared Walmart with rivals like Target and Amazon, reflecting investor focus on competitive positioning rather than a clear new catalyst for earnings. Walmart Wants to Turn the Living Room Into a Storefront
• Neutral Sentiment: Reports that Amazon has surpassed Walmart as the largest U.S. retailer by GMV and commentary that Walmart has fallen out of the $1 trillion club may weigh on sentiment, but these were framed more as strategic context than immediate fundamental damage. Amazon Unseats Walmart as Top US Retailer

Insider Activity

In other news, CEO John R. Furner sold 13,125 shares of the firm’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $124.84, for a total transaction of $1,638,525.00. Following the transaction, the chief executive officer owned 674,162 shares in the company, valued at approximately $84,162,384.08. This trade represents a 1.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP David W. Guggina sold 11,978 shares of Walmart stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total transaction 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. The trade was a 8.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 100,730 shares of company stock valued at $12,444,624. 0.09% of the stock is currently owned by company insiders.

Walmart Trading Down 0.1%

NASDAQ WMT opened at $115.69 on Friday. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. Walmart Inc. has a 1-year low of $94.23 and a 1-year high of $135.15. The firm’s fifty day simple moving average is $123.74 and its 200-day simple moving average is $122.17. The company has a market capitalization of $920.67 billion, a PE ratio of 40.59, a price-to-earnings-growth ratio of 4.32 and a beta of 0.59.

Walmart (NASDAQ:WMT) last issued its earnings results 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 company had revenue of $177.75 billion for the quarter, compared to analyst estimates of $174.84 billion. During the same period in the prior year, the firm posted $0.61 EPS. The business’s 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, sell-side analysts anticipate that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

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.