Premier Path Wealth Partners LLC Boosts Position in Walmart Inc. $WMT

Premier Path Wealth Partners LLC raised its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 16.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 40,367 shares of the retailer’s stock after acquiring an additional 5,746 shares during the period. Premier Path Wealth Partners LLC’s holdings in Walmart were worth $5,017,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. MFA Wealth Services raised its stake in shares of Walmart by 0.7% during the 1st quarter. MFA Wealth Services now owns 10,909 shares of the retailer’s stock valued at $1,356,000 after buying an additional 80 shares during the last quarter. Realta Investment Advisors boosted its stake in shares of Walmart by 2.0% in the first quarter. Realta Investment Advisors now owns 4,089 shares of the retailer’s stock worth $508,000 after buying an additional 81 shares during the last quarter. Renaissance Group LLC grew its holdings in Walmart by 0.9% during the fourth quarter. Renaissance Group LLC now owns 9,636 shares of the retailer’s stock worth $1,074,000 after acquiring an additional 83 shares during the period. Calton & Associates Inc. grew its holdings in Walmart by 0.3% during the fourth quarter. Calton & Associates Inc. now owns 27,220 shares of the retailer’s stock worth $3,033,000 after acquiring an additional 84 shares during the period. Finally, Advocacy Wealth Management LLC raised its position in Walmart by 2.5% during the fourth quarter. Advocacy Wealth Management LLC now owns 3,392 shares of the retailer’s stock valued at $378,000 after acquiring an additional 84 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Buying and Selling

In other news, EVP Latriece Watkins sold 11,000 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $118.97, for a total value of $1,308,670.00. Following the completion of the sale, the executive vice president directly owned 120,203 shares in the company, valued at $14,300,550.91. This represents a 8.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Christopher James Nicholas sold 2,900 shares of the stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $123.92, for a total transaction of $359,368.00. Following the completion of the sale, the executive vice president owned 577,853 shares of the company’s stock, valued at approximately $71,607,543.76. 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 have sold a total of 100,730 shares of company stock worth $12,444,624 in the last ninety days. Company insiders own 0.09% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Freedom Capital upgraded shares of Walmart from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 21st. Raymond James Financial restated an “outperform” rating and set a $135.00 price target on shares of Walmart in a research report on Friday, March 6th. TD Cowen reiterated a “buy” rating and issued a $150.00 price objective (up from $145.00) on shares of Walmart in a research report on Thursday, May 7th. Evercore reiterated an “outperform” rating on shares of Walmart in a research report on Monday, May 18th. Finally, Wolfe Research reaffirmed an “outperform” rating and issued a $137.00 price target (up from $135.00) on shares of Walmart in a report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $138.85.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart’s ad business, Walmart Connect, is being viewed as an increasingly important margin driver, supported by ad growth, seller spending, and e-commerce gains. This helps offset concerns about retail margin pressure. Is Walmart Connect Becoming a Bigger Margin Driver for WMT?
• Positive Sentiment: Walmart is also benefiting from its role in helping seniors navigate new Medicare coverage for obesity drugs, which reinforces its healthcare-related services and customer reach. Healthy Returns: Walmart, CVS step in to help seniors navigate Medicare coverage of obesity drugs
• Positive Sentiment: Walmart+ engagement appears to be supported by popular fuel discounts, which could help membership retention and recurring revenue over time. Walmart+ Executive Says Fuel Discounts Supercharge Member Engagement
• Neutral Sentiment: Investor attention remains elevated around WMT, with recent articles highlighting the stock’s large valuation and the market’s ongoing debate about whether e-commerce and store investments can justify the premium.
• Negative Sentiment: Traders are selling Walmart after a research note from Cleveland Research suggested U.S. comparable sales have “slowed to some degree,” raising concerns that domestic growth momentum may be cooling. Walmart Shares Slip Amid Sales Slowdown Concerns
• Negative Sentiment: Another note said Walmart shares have fallen to near an eight-month low as analysts flag slowing sales, reinforcing concerns that near-term fundamentals may not match the stock’s valuation. WMT Stock Sinks To Near Eight-Month Low — Cleveland Research Flags Slowing Sales

Walmart Stock Down 3.9%

WMT opened at $108.82 on Thursday. The company has a market cap of $866.00 billion, a PE ratio of 38.18, a price-to-earnings-growth ratio of 4.22 and a beta of 0.60. Walmart Inc. has a twelve month low of $94.23 and a twelve month high of $135.15. The company has a 50-day moving average price of $122.87 and a 200 day moving average price of $122.18. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42.

Walmart (NASDAQ:WMT) last posted its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 EPS 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 during the quarter, compared to analyst estimates of $174.84 billion. During the same period in the previous year, the business earned $0.61 EPS. Walmart’s quarterly revenue was up 7.4% on a year-over-year basis. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Sell-side analysts expect that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

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.