River Wealth Advisors LLC Increases Position in Walmart Inc. $WMT

River Wealth Advisors LLC grew its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 268.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 55,611 shares of the retailer’s stock after purchasing an additional 40,516 shares during the period. River Wealth Advisors LLC’s holdings in Walmart were worth $5,731,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Collier Financial bought a new stake in Walmart in the third quarter worth $25,000. Access Investment Management LLC purchased a new position in shares of Walmart in the 2nd quarter worth about $26,000. Your Advocates Ltd. LLP bought a new position in Walmart in the 3rd quarter worth about $28,000. Redmont Wealth Advisors LLC purchased a new stake in Walmart during the 3rd quarter valued at about $30,000. Finally, Roble Belko & Company Inc grew its position in Walmart by 212.6% during the 3rd quarter. Roble Belko & Company Inc now owns 322 shares of the retailer’s stock valued at $33,000 after purchasing an additional 219 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on WMT shares. The Goldman Sachs Group reiterated a “buy” rating and issued a $138.00 target price on shares of Walmart in a research note on Friday, February 20th. UBS Group reaffirmed a “buy” rating and issued a $147.00 price objective (up from $135.00) on shares of Walmart in a research report on Friday, February 20th. Deutsche Bank Aktiengesellschaft set a $120.00 target price on Walmart in a research note on Friday, February 20th. Sanford C. Bernstein restated an “outperform” rating and issued a $134.00 price target (up from $129.00) on shares of Walmart in a research note on Friday, February 20th. Finally, Bank of America assumed coverage on Walmart in a report on Friday. They set a “buy” rating and a $150.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $134.42.

Walmart Stock Performance

WMT stock opened at $127.95 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. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $134.69. The company has a market cap of $1.02 trillion, a P/E ratio of 46.70, a price-to-earnings-growth ratio of 5.16 and a beta of 0.65. The stock’s fifty day moving average price is $120.44 and its 200-day moving average price is $110.12.

Walmart (NASDAQ:WMT) last posted its 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 company had revenue of $190.66 billion for the quarter, compared to the consensus estimate of $188.37 billion. Walmart had a return on equity of 21.44% and a net margin of 3.07%.Walmart’s revenue was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $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. On average, equities analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Dividend Announcement

The firm also recently disclosed 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 presently 34.31%.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Bank of America initiated coverage with a “Buy” rating and a $150 price target, signaling materially higher analyst optimism versus the current share level (roughly +17% upside from the cited price).
• Positive Sentiment: Recent quarterly results showed a slight EPS beat (reported $0.74 vs. $0.73 est.) and revenue topped estimates; management issued FY2027 EPS guidance of $2.75–$2.85, supporting multiple expansion and investor confidence.
• Positive Sentiment: Walmart is rolling out its Scintilla In-Store data platform and expanding private/partner brands, moves that reinforce higher-margin adjacencies (ads, marketplace, fulfillment) and long-term e‑commerce/store integration growth. Walmart Supplier Tech And New Brands Reframe Stores As Data Platforms
• Neutral Sentiment: Brokerage consensus remains constructive — a “Moderate Buy” consensus was reported, reflecting institutional buy-side alignment but some variance in targets. Walmart Inc. (NASDAQ:WMT) Given Consensus Recommendation of “Moderate Buy” by Brokerages
• Neutral Sentiment: Walmart leadership will participate in upcoming investor events and webcasts — provides management access to investors for strategy updates and Q&A, which can influence near-term sentiment. Walmart Leadership to Participate in Upcoming Investor Events
• Negative Sentiment: Walmart agreed to settle FTC claims over Spark driver pay for roughly $100M total, including a $16M payout to drivers over alleged misleading pay/tip claims — a near-term cash hit and reputational/legal overhang, though not material to operating margins long-term at scale. Walmart agrees to $100M settlement over deceptive pay practices in Spark Driver program Walmart agrees to pay $16 million to its Spark delivery drivers to settle claims it misled them over tips and pay

Insider Buying and Selling

In related news, EVP Christopher James Nicholas sold 34,082 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $122.00, for a total transaction of $4,158,004.00. Following the completion of the sale, the executive vice president directly owned 533,466 shares in the company, valued at approximately $65,082,852. The trade was a 6.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP John D. Rainey sold 20,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $122.27, for a total transaction of $2,445,400.00. Following the completion of the transaction, the executive vice president owned 506,764 shares in the company, valued at $61,962,034.28. The trade was a 3.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 261,903 shares of company stock valued at $31,829,749 in the last 90 days. 0.10% of the stock is owned by insiders.

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.