TKG Advisors LLC Sells 4,636 Shares of Walmart Inc. $WMT

TKG Advisors LLC reduced its stake in Walmart Inc. (NASDAQ:WMT) by 17.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,390 shares of the retailer’s stock after selling 4,636 shares during the period. TKG Advisors LLC’s holdings in Walmart were worth $2,658,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of WMT. Vanguard Group Inc. grew its stake in Walmart by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer’s stock valued at $49,015,626,000 after buying an additional 4,304,436 shares during the last quarter. State Street Corp lifted its position in Walmart by 1.2% during the third quarter. State Street Corp now owns 184,805,978 shares of the retailer’s stock worth $19,046,104,000 after acquiring an additional 2,242,364 shares during the last quarter. Geode Capital Management LLC lifted its position in Walmart by 6.8% during the fourth quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer’s stock worth $11,426,753,000 after acquiring an additional 6,517,394 shares during the last quarter. Norges Bank bought a new stake in shares of Walmart during the fourth quarter worth approximately $6,458,529,000. Finally, Fisher Asset Management LLC boosted its holdings in shares of Walmart by 0.8% during the fourth quarter. Fisher Asset Management LLC now owns 40,626,852 shares of the retailer’s stock worth $4,526,238,000 after acquiring an additional 328,229 shares during the period. 26.76% of the stock is owned by institutional investors.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart is being viewed as a defensive winner in a cautious consumer environment, with commentary pointing to resilient grocery spending, strong omnichannel execution, and growth in advertising and membership revenue as reasons the stock could grind higher. Article Title
• Positive Sentiment: Analysts remain broadly constructive on Walmart, and new commentary highlighted strong interest in the company’s Google AI partnership for “agentic shopping,” which could support future digital commerce growth and ecosystem monetization. Article Title
• Positive Sentiment: Unusual options activity showed bullish positioning, with traders buying far more WMT call options than usual, suggesting some investors are betting on a rebound. Article Title
• Neutral Sentiment: Wall Street continues to rate Walmart favorably overall, with several firms reiterating buy-equivalent ratings and an average price target above current levels, though not enough to fully offset recent valuation concerns.
• Negative Sentiment: Investor concern remains over slowing U.S. comparable sales and the company’s reliance on price cuts and tariff refunds to manage inventory, which could pressure margins if the trend continues. Article Title
• Negative Sentiment: Walmart EVP Daniel J. Bartlett sold 3,775 shares in a pre-arranged 10b5-1 transaction, a routine filing but still a small negative sentiment item for traders. Article Title

Analysts Set New Price Targets

WMT has been the topic of a number of recent research reports. Royal Bank Of Canada reiterated an “outperform” rating and set a $137.00 target price (down from $140.00) on shares of Walmart in a research note on Friday, May 22nd. TD Cowen restated a “buy” rating and issued a $150.00 price target (up from $145.00) on shares of Walmart in a research note on Thursday, May 7th. BTIG Research reaffirmed a “buy” rating and issued a $145.00 price objective on shares of Walmart in a report on Wednesday, June 3rd. Truist Financial set a $140.00 price objective on Walmart in a research report on Thursday, May 21st. Finally, KeyCorp reissued an “overweight” rating on shares of Walmart in a report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Walmart currently has an average rating of “Moderate Buy” and an average target price of $138.85.

Walmart Stock Performance

Shares of WMT stock opened at $111.84 on Friday. The stock has a market cap of $890.03 billion, a P/E ratio of 39.24, a price-to-earnings-growth ratio of 4.17 and a beta of 0.60. Walmart Inc. has a 1 year low of $94.23 and a 1 year high of $135.15. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The stock has a 50 day simple moving average of $122.15 and a 200 day simple moving average of $122.07.

Walmart (NASDAQ:WMT) last posted its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, hitting analysts’ consensus estimates of $0.66. The firm 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%.The company’s revenue was up 7.4% on a year-over-year basis. During the same quarter 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. On average, research analysts predict that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Latriece Watkins sold 11,000 shares of the firm’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $118.97, for a total value of $1,308,670.00. Following the transaction, the executive vice president owned 120,203 shares in the company, valued at approximately $14,300,550.91. This trade represents a 8.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Daniel J. Bartlett sold 3,775 shares of the business’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $109.64, for a total value of $413,891.00. Following the completion of the transaction, the executive vice president directly owned 630,009 shares of the company’s stock, valued at approximately $69,074,186.76. This trade represents a 0.60% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 104,505 shares of company stock valued at $12,858,514 in the last ninety days. Insiders own 0.09% 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.