NewEdge Wealth LLC Buys New Position in Walmart Inc. $WMT

NewEdge Wealth LLC bought a new position in shares of Walmart Inc. (NASDAQ:WMT) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 140,145 shares of the retailer’s stock, valued at approximately $15,873,000.

A number of other hedge funds have also added to or reduced their stakes in the business. Norges Bank bought a new stake in shares of Walmart in the 4th quarter valued at $6,458,529,000. AQR Capital Management LLC boosted its stake in Walmart by 188.1% during the third quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer’s stock worth $1,199,907,000 after acquiring an additional 7,614,172 shares in the last quarter. Deutsche Bank AG grew its holdings in Walmart by 54.0% in the second quarter. Deutsche Bank AG now owns 18,607,297 shares of the retailer’s stock worth $2,107,462,000 after purchasing an additional 6,525,224 shares during the period. Geode Capital Management LLC grew its holdings in Walmart by 6.8% in the fourth quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer’s stock worth $11,426,753,000 after purchasing an additional 6,517,394 shares during the period. Finally, Capital International Investors bought a new stake in Walmart in the fourth quarter valued at $592,848,000. 26.76% of the stock is currently owned by institutional investors.

Insider Activity

In related news, EVP David W. Guggina sold 11,978 shares of Walmart stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the transaction, the executive vice president owned 125,067 shares of the company’s stock, valued at $14,985,527.94. The trade was a 8.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel J. Bartlett sold 3,710 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $113.10, for a total value of $419,601.00. Following the sale, the executive vice president owned 626,299 shares of the company’s stock, valued at $70,834,416.90. This trade represents a 0.59% 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. In the last three months, insiders sold 57,064 shares of company stock worth $6,697,788. Company insiders own 0.09% of the company’s stock.

Walmart Price Performance

Walmart stock opened at $103.70 on Monday. The firm has a market capitalization of $825.25 billion, a price-to-earnings ratio of 37.44, a price-to-earnings-growth ratio of 3.91 and a beta of 0.61. The firm’s fifty day moving average price is $113.35 and its two-hundred day moving average price is $121.24. Walmart Inc. has a 1-year low of $95.42 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 0.41.

Walmart (NASDAQ:WMT) last posted its earnings results on Thursday, August 20th. The retailer reported $0.81 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 during the quarter, compared to the consensus estimate of $186.64 billion. During the same period in the previous year, the firm posted $0.68 earnings per share. The firm’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. On average, equities research analysts predict that Walmart Inc. will post 2.86 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

WMT has been the topic of several research reports. TD Cowen reiterated a “buy” rating on shares of Walmart in a report on Friday. DA Davidson set a $132.00 target price on Walmart and gave the company a “buy” rating in a research report on Friday. Raymond James Financial reaffirmed an “outperform” rating and set a $130.00 price target on shares of Walmart in a research note on Friday. UBS Group cut their price target on Walmart from $141.00 to $130.00 and set a “buy” rating on the stock in a report on Friday. Finally, Mizuho set a $130.00 price objective on Walmart in a research note on Monday, July 27th. Two research analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Walmart has a consensus rating of “Moderate Buy” and an average target price of $131.88.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart reported adjusted earnings of $0.81 per share and revenue of $187.94 billion, beating consensus estimates of $0.74 and $186.62 billion, respectively. Revenue increased 5.9% year over year. Walmart earnings report
• Positive Sentiment: Growth businesses remain strong: global e-commerce sales rose 23%, advertising revenue increased 38%, and global membership revenue grew 17%. These trends support the long-term investment case despite slower core-store growth. Walmart second-quarter highlights
• Positive Sentiment: Walmart plans to use approximately $2.9 billion in tariff refunds to help lower prices, potentially strengthening its value proposition as consumers become more budget-conscious. The rollout of tap-to-pay, including Apple Pay and Google Pay, may also improve checkout convenience. Walmart tap to pay rollout
• Neutral Sentiment: Several analysts retained bullish ratings—including buy, outperform, and overweight—but lowered price targets after the earnings release. New targets range from $120 to $140, indicating analysts still see meaningful upside but have moderated their expectations.
• Negative Sentiment: U.S. comparable sales grew 2.6%, below expectations near 3.5%, marking Walmart’s weakest domestic comparable-sales growth in more than six years. Analysts cited weakness in health and wellness and questioned the trajectory of the core U.S. business.
• Negative Sentiment: Third-quarter guidance fell short of consensus: Walmart projected adjusted EPS of $0.62–$0.64 versus $0.68 expected and revenue of $183.1–$184.5 billion versus $188.2 billion expected. The timing of Flipkart’s promotional event is also expected to reduce quarterly sales growth by more than 100 basis points.
• Negative Sentiment: The stock’s elevated valuation increases sensitivity to any slowdown, while higher energy costs and consumer trade-offs are raising broader concerns about the health of U.S. retail spending.

Walmart Company 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.