Walmart Inc. $WMT Shares Newly Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Walmart Inc. (NASDAQ:WMT) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,427,925 shares of the retailer’s stock, valued at approximately $356,230,000. Walmart makes up about 0.6% of Mirae Asset Global Investments Co. Ltd.’s portfolio, making the stock its 22nd largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Stevens Capital Partners lifted its stake in Walmart by 27.9% during the 3rd quarter. Stevens Capital Partners now owns 6,529 shares of the retailer’s stock valued at $679,000 after acquiring an additional 1,425 shares in the last quarter. Ipsen Advisor Group LLC boosted its holdings in Walmart by 0.5% during the 3rd quarter. Ipsen Advisor Group LLC now owns 19,163 shares of the retailer’s stock worth $1,991,000 after acquiring an additional 92 shares during the last quarter. ProShare Advisors LLC grew its stake in shares of Walmart by 6.7% in the 3rd quarter. ProShare Advisors LLC now owns 6,988,449 shares of the retailer’s stock worth $726,240,000 after acquiring an additional 438,228 shares in the last quarter. Vise Technologies Inc. grew its stake in shares of Walmart by 8.6% in the 3rd quarter. Vise Technologies Inc. now owns 472,677 shares of the retailer’s stock worth $49,121,000 after acquiring an additional 37,507 shares in the last quarter. Finally, Investment Partners LTD. raised its holdings in shares of Walmart by 38.4% in the third quarter. Investment Partners LTD. now owns 23,419 shares of the retailer’s stock valued at $2,434,000 after purchasing an additional 6,495 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Transactions at Walmart

In other Walmart news, EVP Daniel Danker sold 50,644 shares of the business’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $105.35, for a total value of $5,335,345.40. Following the completion of the sale, the executive vice president directly owned 201,672 shares of the company’s stock, valued at $21,246,145.20. The trade was a 20.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Christopher Nicholas sold 2,900 shares of Walmart stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $120.60, for a total value of $349,740.00. Following the completion of the transaction, the executive vice president directly owned 563,353 shares in the company, valued at $67,940,371.80. This trade represents a 0.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 102,244 shares of company stock valued at $11,112,044. Corporate insiders own 0.09% of the company’s stock.

Analyst Ratings Changes

WMT has been the topic of a number of recent analyst reports. Tigress Financial reissued a “buy” rating and set a $155.00 price target on shares of Walmart in a research report on Monday, August 31st. The Goldman Sachs Group restated a “buy” rating and set a $130.00 price target on shares of Walmart in a report on Friday, August 21st. Raymond James Financial reaffirmed an “outperform” rating and issued a $130.00 price objective on shares of Walmart in a research report on Friday, August 21st. BNP Paribas Exane reiterated an “outperform” rating and issued a $137.00 price objective (down from $146.00) on shares of Walmart in a research note on Friday, August 21st. Finally, BTIG Research reissued a “buy” rating and set a $140.00 target price on shares of Walmart in a research report on Thursday, September 10th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Walmart has a consensus rating of “Buy” and an average target price of $132.41.

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Energy investment expands Walmart’s customer offerings: Walmart is making a strategic investment in Base Power and will offer the company’s home battery systems to Walmart customers and Sam’s Club members beginning in November. The systems are designed to reduce energy costs and provide backup power, creating a potential new customer benefit while expanding Walmart’s ecosystem beyond traditional retail. Walmart and Base Power announce strategic agreement
• Positive Sentiment: Major automation agreement with Symbotic: Walmart expanded its commercial relationship with warehouse-automation provider Symbotic in a deal valued at approximately $6 billion. Greater automation could improve fulfillment capacity, labor efficiency and inventory management, although the investment also carries execution and capital-spending risks. Symbotic stock jumps on Walmart automation deal
• Positive Sentiment: Strong fundamentals continue to support the stock: Walmart’s latest quarterly results exceeded consensus estimates for both earnings and revenue, with revenue rising year over year. Analysts and market commentary continue to highlight earnings growth and price strength as reasons to remain constructive on WMT. Earnings growth and price strength make Walmart a stock to watch
• Neutral Sentiment: Healthcare expansion offers a longer-term growth avenue: Walmart has broadened its Better Care Services platform into a healthcare marketplace connecting customers with third-party providers. The initiative could increase customer engagement, but its financial contribution is not yet clear. Walmart launched a healthcare services marketplace
• Negative Sentiment: Competitive and regulatory concerns remain: DoorDash’s proposed $17 billion acquisition of Instacart is intended partly to strengthen competition with Walmart and Amazon in local commerce and grocery delivery. Separately, the FTC is seeking information from Walmart about the use of personal data in personalized pricing, creating potential compliance and reputational risks. FTC orders Walmart and others to share pricing data information
• Negative Sentiment: Valuation comparisons could limit upside: Walmart trades at a substantially higher earnings multiple than Target, while commentary suggests Walmart’s comparable-sales growth may be moderating. That premium leaves the stock more exposed if growth expectations weaken. Target trades at a fraction of Walmart’s valuation

Walmart Stock Performance

Shares of WMT stock opened at $123.51 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.23 and a current ratio of 0.77. The firm has a market cap of $979.90 billion, a price-to-earnings ratio of 44.59, a P/E/G ratio of 4.46 and a beta of 0.58. Walmart Inc. has a 52 week low of $98.88 and a 52 week high of $135.15. The firm’s 50-day simple moving average is $110.23 and its two-hundred day simple moving average is $118.40.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.07. The company had revenue of $187.94 billion during the quarter, compared to analyst estimates of $186.64 billion. Walmart had a net margin of 3.00% and a return on equity of 21.83%. Walmart’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.68 EPS. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. As a group, equities analysts forecast that Walmart Inc. will post 2.87 earnings per share for the current year.

Walmart Company Profile

Walmart Inc (NASDAQ:WMT) operates a global retail business through a network of supercenters, supermarkets, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its stores and websites sell a broad assortment of merchandise, including groceries, consumables, health and wellness products, apparel, electronics, home goods, toys and other general merchandise.

The company organizes its operations into Walmart U.S., Walmart International and Sam’s Club U.S. Walmart U.S.