DNB Asset Management AS Sells 54,746 Shares of Walmart Inc. $WMT

DNB Asset Management AS decreased its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 3.1% in the fourth quarter, Holdings Channel reports. The firm owned 1,684,275 shares of the retailer’s stock after selling 54,746 shares during the quarter. Walmart comprises about 0.7% of DNB Asset Management AS’s portfolio, making the stock its 25th biggest holding. DNB Asset Management AS’s holdings in Walmart were worth $187,645,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Collier Financial bought a new position in Walmart during the third quarter worth about $25,000. Your Advocates Ltd. LLP bought a new position in Walmart during the third quarter worth about $28,000. Beacon Financial Strategies CORP bought a new position in Walmart during the fourth quarter worth about $30,000. Redmont Wealth Advisors LLC bought a new position in Walmart during the third quarter worth about $30,000. Finally, Bay Harbor Wealth Management LLC lifted its stake in 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 purchasing an additional 105 shares during the period. Institutional investors own 26.76% of the company’s stock.

Walmart Stock Performance

Shares of Walmart stock opened at $131.45 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.79 and a quick ratio of 0.24. The firm has a market cap of $1.05 trillion, a P/E ratio of 47.97, a P/E/G ratio of 4.93 and a beta of 0.65. The firm has a 50 day simple moving average of $126.37 and a 200 day simple moving average of $119.15. Walmart Inc. has a fifty-two week low of $93.43 and a fifty-two week high of $134.69.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.01. The business had revenue of $190.66 billion during the quarter, compared to analyst estimates of $188.37 billion. Walmart had a net margin of 3.07% and a return on equity of 21.44%. Walmart’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.66 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. Sell-side analysts predict that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Walmart Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, January 4th. Investors of record on Friday, December 11th will be issued a $0.2475 dividend. The ex-dividend date of this dividend is Friday, December 11th. This represents a $0.99 dividend on an annualized basis and a dividend yield of 0.8%. Walmart’s dividend payout ratio (DPR) is currently 36.13%.

Analyst Upgrades and Downgrades

WMT has been the subject of several recent analyst reports. BTIG Research raised their price objective on shares of Walmart from $140.00 to $145.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft set a $120.00 price objective on shares of Walmart in a report on Friday, February 20th. Craig Hallum set a $150.00 price objective on shares of Walmart in a report on Friday, March 6th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $138.00 price objective on shares of Walmart in a report on Friday, February 20th. Finally, Telsey Advisory Group raised their price objective on shares of Walmart from $135.00 to $140.00 and gave the stock an “outperform” rating in a report on Friday, February 20th. Two analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $138.88.

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: UBS and other analysts expect Walmart to deliver another strong quarter, helped by resilient grocery demand, e-commerce growth, and advertising momentum, which could support the stock if results meet or exceed expectations.
• Positive Sentiment: Bank of America said Walmart’s consistent sales growth should be rewarded by the market, reinforcing the view that WMT remains a defensive growth name ahead of earnings.
• Positive Sentiment: Recent commentary also highlights Walmart as a long-term growth and momentum stock, with investors continuing to search for the name ahead of the report.
• Neutral Sentiment: Walmart said it will host its first-quarter earnings conference call on May 21, keeping attention focused on upcoming results and guidance rather than any new business update. Walmart To Host First Quarter Earnings Conference Call May 21, 2026
• Negative Sentiment: One bearish analysis argued that expectations may be too high versus Walmart’s own guidance, warning that reported sales growth may not be enough to justify a further move higher and that investors may want to trim positions.

Insiders Place Their Bets

In related news, CEO John R. Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $124.84, for a total value of $1,638,525.00. Following the completion of the sale, the chief executive officer owned 674,162 shares of the company’s stock, valued at $84,162,384.08. This trade represents a 1.91% decrease in their ownership of the stock. The sale 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. Also, EVP John D. Rainey sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $127.79, for a total transaction of $2,555,800.00. Following the completion of the sale, the executive vice president directly owned 486,764 shares of the company’s stock, valued at approximately $62,203,571.56. This represents a 3.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 167,195 shares of company stock valued at $20,975,804 over the last quarter. Company insiders own 0.10% of the company’s stock.

About Walmart

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.