Walmart Inc. $WMT Shares Sold by TD Asset Management Inc

TD Asset Management Inc lessened its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 3.9% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,515,399 shares of the retailer’s stock after selling 102,990 shares during the quarter. TD Asset Management Inc’s holdings in Walmart were worth $280,241,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Entrust Financial LLC acquired a new position in Walmart during the 4th quarter worth $27,000. Collier Financial acquired a new position in Walmart during the 3rd quarter worth $25,000. Beacon Financial Strategies CORP acquired a new position in Walmart during the 4th quarter worth $30,000. Redmont Wealth Advisors LLC acquired a new position in Walmart during the 3rd quarter worth $30,000. Finally, Bay Harbor Wealth Management LLC lifted its position in Walmart by 57.4% in 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 and hedge funds own 26.76% of the company’s stock.

Walmart Price Performance

WMT stock opened at $116.89 on Thursday. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. Walmart Inc. has a one year low of $93.43 and a one year high of $135.15. The firm has a market capitalization of $930.22 billion, a PE ratio of 41.01, a P/E/G ratio of 4.22 and a beta of 0.59. The firm has a 50-day moving average of $125.79 and a two-hundred day moving average of $120.98.

Walmart (NASDAQ:WMT) last posted its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, meeting analysts’ consensus estimates of $0.66. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The company had revenue of $177.75 billion during the quarter, compared to analyst estimates of $174.84 billion. During the same period in the prior year, the firm earned $0.61 earnings per share. The business’s quarterly revenue 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. On average, analysts forecast that Walmart Inc. will post 2.89 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have weighed in on WMT. Mizuho upped their target price on Walmart from $125.00 to $137.00 and gave the stock an “outperform” rating in a research report on Monday, February 9th. Rothschild & Co Redburn set a $150.00 target price on Walmart in a research report on Tuesday, February 17th. Guggenheim upped their target price on Walmart from $120.00 to $137.00 and gave the stock a “buy” rating in a research report on Monday, April 13th. Royal Bank Of Canada restated an “outperform” rating and issued a $137.00 target price (down from $140.00) on shares of Walmart in a research report on Friday, May 22nd. Finally, Roth Mkm restated a “buy” rating and issued a $138.00 target price on shares of Walmart in a research report on Friday, February 20th. Two equities research analysts have 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. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $138.85.

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: BTIG Research reaffirmed its Buy rating on Walmart and raised its price target to $145, implying meaningful upside and reinforcing confidence in the company’s growth outlook. BTIG Reaffirms Buy on Walmart
• Positive Sentiment: Tigress Financial also boosted its Walmart price target to $155 from $150, citing the company’s AI-driven platform shift and digital expansion as key long-term catalysts. Tigress Raises Walmart Price Target
• Positive Sentiment: Business Insider reported that Walmart’s internal AI coding tool, “Code Puppy,” is designed to reduce vendor lock-in and control tech costs, signaling a more flexible and potentially more efficient technology strategy. Walmart Code Puppy AI Strategy
• Positive Sentiment: Walmart’s AI-powered employee coding tool remains a positive sign for productivity gains, even as the company capped token usage to reduce duplicate requests and manage demand. Walmart AI Coding Tool Token Limit
• Neutral Sentiment: Several market commentary pieces compared Walmart with Target and other ecommerce/retail peers, but these were mostly sector-level opinion articles rather than company-specific fundamentals. Ecommerce Stocks To Follow Today
• Neutral Sentiment: Articles about Walmart and Florida community support highlight corporate citizenship, but they are unlikely to have a major near-term impact on the stock. Walmart Community Support in Florida
• Negative Sentiment: A new class action lawsuit alleges Walmart’s hiring practices in Massachusetts may violate state employment and privacy laws, increasing legal and compliance risk for the retailer. Walmart Massachusetts Hiring Lawsuit
• Negative Sentiment: Reports that Amazon has overtaken Walmart as the top company in the Fortune 500 are a symbolic but negative headline, underscoring intensifying competition in retail and e-commerce. Amazon Knocks Walmart from Fortune 500 Top Spot

Insider Activity at Walmart

In related news, Director C Douglas Mcmillon sold 19,416 shares of the stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $118.63, for a total value of $2,303,320.08. Following the completion of the sale, the director directly owned 4,174,579 shares of the company’s stock, valued at approximately $495,230,306.77. This represents a 0.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Latriece Watkins sold 11,000 shares of the stock in a transaction dated 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 completion of the sale, the executive vice president directly owned 120,203 shares of the company’s stock, valued at approximately $14,300,550.91. This represents a 8.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 117,008 shares of company stock valued at $14,492,704. Corporate insiders own 0.09% of the company’s stock.

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.