EverSource Wealth Advisors LLC Acquires 22,568 Shares of Walmart Inc. $WMT

EverSource Wealth Advisors LLC grew its holdings in Walmart Inc. (NASDAQ:WMT) by 24.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 113,451 shares of the retailer’s stock after purchasing an additional 22,568 shares during the period. EverSource Wealth Advisors LLC’s holdings in Walmart were worth $14,100,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Merkkuri Wealth Advisors LLC purchased a new position in Walmart in the 1st quarter valued at approximately $29,000. Entrust Financial LLC purchased a new stake in shares of Walmart during the fourth quarter worth $27,000. Bay Harbor Wealth Management LLC lifted its position in shares of Walmart by 57.4% during the fourth quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock worth $32,000 after acquiring an additional 105 shares in the last quarter. Clayton Financial Group LLC boosted its holdings in shares of Walmart by 193.0% in the fourth quarter. Clayton Financial Group LLC now owns 293 shares of the retailer’s stock worth $33,000 after acquiring an additional 193 shares during the period. Finally, Sankala Group LLC bought a new position in shares of Walmart in the fourth quarter worth $33,000. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Walmart Trading Up 1.2%

NASDAQ WMT opened at $113.10 on Wednesday. The firm has a market cap of $900.06 billion, a PE ratio of 39.68, a price-to-earnings-growth ratio of 4.17 and a beta of 0.60. Walmart Inc. has a 1-year low of $95.42 and a 1-year high of $135.15. The stock has a 50-day moving average of $115.89 and a 200-day moving average of $122.02. 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 (NASDAQ:WMT) last posted its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.66. The business had revenue of $177.75 billion for the quarter, compared to analyst estimates of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.Walmart’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period last year, the company earned $0.61 EPS. 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 forecast that Walmart Inc. will post 2.89 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on WMT shares. Tigress Financial reiterated a “buy” rating and set a $155.00 price objective (up from $150.00) on shares of Walmart in a research report on Friday, May 29th. BTIG Research restated a “buy” rating and issued a $145.00 target price on shares of Walmart in a research report on Wednesday, June 3rd. Guggenheim upped their target price on Walmart from $120.00 to $137.00 and gave the stock a “buy” rating in a research note on Monday, April 13th. Wolfe Research reiterated an “outperform” rating and set a $137.00 price target (up from $135.00) on shares of Walmart in a research report on Monday, May 11th. Finally, Piper Sandler reissued an “overweight” rating on shares of Walmart in a research note on Monday, June 8th. One research 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 stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $138.65.

Insider Transactions at Walmart

In other Walmart news, EVP Latriece Watkins sold 11,000 shares of the stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $118.97, for a total transaction of $1,308,670.00. Following the completion of the sale, the executive vice president owned 120,203 shares of the company’s stock, valued at $14,300,550.91. This represents a 8.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO John R. Furner sold 13,125 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $124.08, for a total transaction of $1,628,550.00. Following the completion of the sale, the chief executive officer directly owned 661,037 shares in the company, valued at approximately $82,021,470.96. This trade represents a 1.95% 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. In the last three months, insiders have sold 67,729 shares of company stock valued at $8,124,931. 0.09% of the stock is currently owned by insiders.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart is attracting more higher-income customers through low prices, faster delivery and a broader product assortment. This could support sales growth and strengthen its competitive position beyond its traditional value-focused customer base. Can Walmart Sustain Gains Among Higher-Income Customers?
• Positive Sentiment: Walmart is using artificial intelligence behind the scenes to reduce costs and improve operating efficiency rather than selling AI products directly. Its scale, strong recent earnings and analyst Buy ratings support the view that technology could enhance profitability over time. These 3 AI Winners Don’t Sell the Tech—They Use It
• Neutral Sentiment: Walmart recently outperformed the broader market during a trading session, indicating continued momentum, although the report provides no new company-specific catalyst. Walmart Beats Stock Market Upswing
• Neutral Sentiment: Amazon overtook Walmart on the Fortune Global 500 revenue ranking, ending Walmart’s 12-year run at No. 1. The change highlights Amazon’s expanding scale and Walmart’s intense competition in retail and ecommerce, but it does not directly alter Walmart’s earnings outlook. Amazon Tops Fortune Global 500 List
• Negative Sentiment: Analysts warn that Walmart may be expensive after its substantial five-year return. A discounted cash-flow analysis suggests the stock trades above intrinsic value, while a reported salad recall adds a potential near-term reputational and operational risk. Walmart Stock Could Be Pricey After the Salad Recall
• Negative Sentiment: Another valuation review says Walmart’s durable scale advantage is not enough to offset an elevated share price relative to projected forward earnings, limiting upside if growth slows. Walmart Is at $108: Why Investors Should Pause

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.