12,616 Shares in Walmart Inc. $WMT Bought by Dickmeyer Boyce Financial Management Inc.

Dickmeyer Boyce Financial Management Inc. purchased a new stake in Walmart Inc. (NASDAQ:WMT) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 12,616 shares of the retailer’s stock, valued at approximately $1,568,000. Walmart accounts for about 0.9% of Dickmeyer Boyce Financial Management Inc.’s investment portfolio, making the stock its 28th largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Gibbs Wealth Management increased its holdings in Walmart by 55.5% in the 1st quarter. Gibbs Wealth Management now owns 13,181 shares of the retailer’s stock valued at $1,638,000 after buying an additional 4,705 shares during the period. Sei Investments Co. boosted its stake in shares of Walmart by 5.0% in the 1st quarter. Sei Investments Co. now owns 1,823,413 shares of the retailer’s stock valued at $226,616,000 after purchasing an additional 87,570 shares in the last quarter. Davis R M Inc. grew its holdings in shares of Walmart by 31.5% in the 1st quarter. Davis R M Inc. now owns 22,003 shares of the retailer’s stock worth $2,738,000 after purchasing an additional 5,269 shares during the last quarter. Ascension Capital Advisors Inc. acquired a new stake in shares of Walmart during the 1st quarter worth about $556,000. Finally, Cetera Investment Advisers lifted its holdings in Walmart by 1.0% during the 1st quarter. Cetera Investment Advisers now owns 2,815,570 shares of the retailer’s stock valued at $349,919,000 after purchasing an additional 27,853 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on WMT shares. Piper Sandler reaffirmed an “overweight” rating on shares of Walmart in a report on Monday, June 8th. Morgan Stanley increased their price target on Walmart from $135.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. TD Cowen reiterated a “buy” rating and issued a $150.00 price objective (up from $145.00) on shares of Walmart in a research report on Thursday, May 7th. KeyCorp restated an “overweight” rating on shares of Walmart in a report on Friday, May 22nd. Finally, Guggenheim lifted their price target on Walmart from $120.00 to $137.00 and gave the company a “buy” rating in a report on Monday, April 13th. One analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $138.85.

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Royal Bank of Canada reaffirmed an outperform rating on Walmart and raised its price target to $137, signaling meaningful upside potential from current levels. Benzinga report on RBC rating
• Positive Sentiment: Several recent articles highlight Walmart as a wide-moat and growth stock, pointing to durable competitive advantages and steady financial growth that can support investor confidence. Wide-moat stocks article
• Positive Sentiment: Walmart announced a partnership with ReturnPro to refurbish and resell returned products, which could improve e-commerce efficiency, recover losses from returns, and reduce waste. Yahoo Finance ReturnPro partnership article
• Neutral Sentiment: Media coverage on Walmart’s dividend history may attract income-focused investors, but it does not appear to be a new catalyst for the stock today. TheStreet dividend article
• Neutral Sentiment: Technical commentary notes Walmart’s extended downturn could set up a possible rebound, but this is more of a sentiment/valuation call than a fundamental change. MSN comeback article
• Negative Sentiment: RBC and other market commentary suggest Walmart may report a softer fiscal Q2 as lower-income shoppers remain under pressure, raising concerns about near-term sales momentum. Yahoo Finance softer Q2 article
• Negative Sentiment: One article argues Walmart has lagged the market over the past several months, with recent softer results contributing to investor caution. Yahoo Finance stock falls article

Insider Activity at Walmart

In related news, EVP Latriece Watkins sold 11,000 shares of the 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 sale, 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 filing with the SEC, which is accessible through the SEC website. Also, EVP Christopher James Nicholas sold 2,900 shares of the business’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $118.19, for a total value of $342,751.00. Following the transaction, the executive vice president directly owned 574,953 shares of the company’s stock, valued at $67,953,695.07. The trade was a 0.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 67,729 shares of company stock worth $8,124,931 in the last 90 days. 0.09% of the stock is owned by company insiders.

Walmart Stock Down 0.9%

Shares of Walmart stock opened at $108.40 on Friday. The stock has a market cap of $862.66 billion, a PE ratio of 38.04, a price-to-earnings-growth ratio of 4.08 and a beta of 0.60. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42. The business has a fifty day simple moving average of $117.18 and a 200 day simple moving average of $122.06. Walmart Inc. has a 12 month low of $95.35 and a 12 month high of $135.15.

Walmart (NASDAQ:WMT) last announced its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.66. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The firm had revenue of $177.75 billion during the quarter, compared to the consensus estimate of $174.84 billion. During the same quarter in the prior year, the company earned $0.61 EPS. The business’s revenue for the quarter was up 7.4% on a year-over-year basis. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Research analysts predict that Walmart Inc. will post 2.89 EPS for the current year.

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.