Walmart Inc. $WMT Stock Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC boosted its stake in shares of Walmart Inc. (NASDAQ:WMT) by 3,466.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,755,296 shares of the retailer’s stock after purchasing an additional 2,678,044 shares during the quarter. Walmart makes up 4.6% of International Assets Investment Management LLC’s investment portfolio, making the stock its 3rd biggest holding. International Assets Investment Management LLC’s holdings in Walmart were worth $286,330,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. State Street Corp boosted its stake in shares of Walmart by 1.1% in the 2nd quarter. State Street Corp now owns 188,036,646 shares of the retailer’s stock valued at $21,297,031,000 after buying an additional 2,107,781 shares during the period. Bank of America Corp DE purchased a new stake in shares of Walmart during the second quarter worth approximately $7,455,131,000. Bank of New York Mellon Corp increased its stake in shares of Walmart by 6.4% during the first quarter. Bank of New York Mellon Corp now owns 28,142,040 shares of the retailer’s stock worth $3,497,493,000 after buying an additional 1,681,353 shares during the period. Legal & General Group Plc purchased a new stake in shares of Walmart during the second quarter worth approximately $2,905,655,000. Finally, Amundi raised its holdings in Walmart by 44.4% in the second quarter. Amundi now owns 20,796,957 shares of the retailer’s stock valued at $2,355,463,000 after acquiring an additional 6,393,326 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Transactions at Walmart

In other news, CTO Suresh Kumar sold 166,342 shares of the stock in a transaction dated Friday, October 30th. The shares were sold at an average price of $123.21, for a total value of $20,494,997.82. Following the completion of the transaction, the chief technology officer owned 1,632,223 shares in the company, valued at $201,106,195.83. This trade represents a 9.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Latriece Watkins sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, October 14th. The shares were sold at an average price of $115.00, for a total transaction of $575,000.00. Following the completion of the sale, the executive vice president owned 110,432 shares of the company’s stock, valued at $12,699,680. This trade represents a 4.33% 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 268,222 shares of company stock valued at $31,604,051 over the last 90 days. Insiders own 0.09% of the company’s stock.

Walmart Stock Performance

Shares of NASDAQ WMT traded down $2.20 during trading hours on Friday, reaching $125.52. The stock had a trading volume of 24,820,838 shares, compared to its average volume of 20,341,588. The firm has a market cap of $995.84 billion, a price-to-earnings ratio of 45.31, a PEG ratio of 4.61 and a beta of 0.53. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.41. Walmart Inc. has a fifty-two week low of $98.88 and a fifty-two week high of $135.15. The firm has a 50-day moving average of $112.48 and a 200-day moving average of $118.59.

Walmart (NASDAQ:WMT) last issued its quarterly earnings data 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. Walmart had a net margin of 3.00% and a return on equity of 21.83%. The company had revenue of $187.94 billion for the quarter, compared to the consensus estimate of $186.64 billion. During the same period last year, the firm posted $0.68 EPS. Walmart’s revenue for the quarter was up 5.9% on a year-over-year basis. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Equities research analysts predict that Walmart Inc. will post 2.88 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on WMT shares. Piper Sandler reiterated an “overweight” rating and issued a $128.00 price target (down from $137.00) on shares of Walmart in a research note on Friday, August 21st. UBS Group cut their target price on Walmart from $141.00 to $130.00 and set a “buy” rating on the stock in a research report on Friday, August 21st. Deutsche Bank Aktiengesellschaft upgraded Walmart from a “hold” rating to a “buy” rating and boosted their target price for the stock from $113.00 to $136.00 in a research note on Thursday, October 15th. TD Cowen started coverage on shares of Walmart in a research note on Friday, October 30th. They issued a “strong-buy” rating on the stock. Finally, Morgan Stanley reissued an “overweight” rating and set a $125.00 price objective (down from $140.00) on shares of Walmart in a report on Friday, August 21st. Three analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Walmart has an average rating of “Buy” and a consensus price target of $129.62.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: ETFs added a net $40.3 million of Walmart shares on Nov. 4, indicating institutional fund demand. 54 ETFs Add to Walmart (WMT) on Wednesday
• Positive Sentiment: Walmart is expanding its drone-delivery partnership with Zipline, which has raised $1.5 billion at a $21.5 billion valuation. A broader partnership could help Walmart improve delivery capabilities, though the articles do not specify its financial impact. Zipline hits $21.5B valuation as Walmart expands bet on drone delivery
• Positive Sentiment: Walmart is working with Meta to integrate its Muse AI shopping agent into the online shopping experience, a move that could create new ways to reach customers and facilitate purchases. What Is Walmart (WMT) Betting On With Its New AI Shopping Agent?
• Neutral Sentiment: A report on potential rate hikes discusses consumer-staples stocks as potentially attractive in that environment. Higher rates may also pressure valuations, so the implication for Walmart is mixed. Rate Hikes Could Be Coming: History Likes These 4 Consumer Staples Stocks
• Negative Sentiment: Walmart executive Suresh Kumar sold 166,342 shares. Insider sales can weigh on sentiment, although a sale alone does not establish a change in the company’s outlook. Walmart Stock: Insider Suresh Kumar Sells 166,342 Shares

About Walmart

Walmart is a multinational retailer that operates discount stores, supercenters, neighborhood markets, and membership warehouse clubs. Its business includes Walmart U.S., Walmart International, and Sam’s Club.

The company sells groceries and a broad range of general merchandise, including apparel, electronics, household goods, and health and wellness products. Walmart also serves customers through e-commerce, with services such as order pickup and delivery.

Founded by Sam Walton in 1962, Walmart is headquartered in Bentonville, Arkansas.