Broad Peak Investment Advisers Pte Ltd Buys Shares of 23,500 Walmart Inc. $WMT

Broad Peak Investment Advisers Pte Ltd purchased a new position in Walmart Inc. (NASDAQ:WMT) during the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 23,500 shares of the retailer’s stock, valued at approximately $2,921,000. Walmart accounts for 0.6% of Broad Peak Investment Advisers Pte Ltd’s holdings, making the stock its 22nd largest position.

Other large investors also recently modified their holdings of the company. MFA Wealth Services raised its stake in Walmart by 0.7% during the 1st quarter. MFA Wealth Services now owns 10,909 shares of the retailer’s stock valued at $1,356,000 after purchasing an additional 80 shares during the last quarter. Realta Investment Advisors lifted its stake in shares of Walmart by 2.0% in the first quarter. Realta Investment Advisors now owns 4,089 shares of the retailer’s stock valued at $508,000 after buying an additional 81 shares during the period. Renaissance Group LLC grew its position in Walmart by 0.9% during the fourth quarter. Renaissance Group LLC now owns 9,636 shares of the retailer’s stock worth $1,074,000 after buying an additional 83 shares in the last quarter. Calton & Associates Inc. grew its position in Walmart by 0.3% during the fourth quarter. Calton & Associates Inc. now owns 27,220 shares of the retailer’s stock worth $3,033,000 after buying an additional 84 shares in the last quarter. Finally, Advocacy Wealth Management LLC increased its stake in Walmart by 2.5% during the fourth quarter. Advocacy Wealth Management LLC now owns 3,392 shares of the retailer’s stock valued at $378,000 after acquiring an additional 84 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Walmart

In other Walmart news, 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 transaction, the executive vice president 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 transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Daniel J. Bartlett sold 1,385 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $119.83, for a total value of $165,964.55. Following the transaction, the executive vice president owned 633,784 shares in the company, valued at approximately $75,946,336.72. This trade represents a 0.22% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 100,730 shares of company stock valued at $12,444,624 over the last 90 days. Company insiders own 0.09% of the company’s stock.

Walmart Trading Down 3.9%

Shares of NASDAQ WMT opened at $108.82 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. The company has a market cap of $866.00 billion, a PE ratio of 38.18, a P/E/G ratio of 4.22 and a beta of 0.60. The company has a 50-day moving average of $122.87 and a two-hundred day moving average of $122.18. Walmart Inc. has a 1-year low of $94.23 and a 1-year high of $135.15.

Walmart (NASDAQ:WMT) last posted its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.66. The firm had revenue of $177.75 billion for the quarter, compared to the consensus estimate of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the business 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. As a group, equities analysts expect that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

WMT has been the subject of several recent research reports. TD Cowen reaffirmed a “buy” rating and issued a $150.00 price target (up from $145.00) on shares of Walmart in a report on Thursday, May 7th. BTIG Research restated a “buy” rating and set a $145.00 price objective on shares of Walmart in a research report on Wednesday, June 3rd. Morgan Stanley upped their target price on Walmart from $135.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, April 22nd. Piper Sandler reaffirmed an “overweight” rating on shares of Walmart in a research report on Monday, June 8th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Walmart in a research note on Monday, April 20th. 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 company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $138.85.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart’s ad business, Walmart Connect, is being viewed as an increasingly important margin driver, supported by ad growth, seller spending, and e-commerce gains. This helps offset concerns about retail margin pressure. Is Walmart Connect Becoming a Bigger Margin Driver for WMT?
• Positive Sentiment: Walmart is also benefiting from its role in helping seniors navigate new Medicare coverage for obesity drugs, which reinforces its healthcare-related services and customer reach. Healthy Returns: Walmart, CVS step in to help seniors navigate Medicare coverage of obesity drugs
• Positive Sentiment: Walmart+ engagement appears to be supported by popular fuel discounts, which could help membership retention and recurring revenue over time. Walmart+ Executive Says Fuel Discounts Supercharge Member Engagement
• Neutral Sentiment: Investor attention remains elevated around WMT, with recent articles highlighting the stock’s large valuation and the market’s ongoing debate about whether e-commerce and store investments can justify the premium.
• Negative Sentiment: Traders are selling Walmart after a research note from Cleveland Research suggested U.S. comparable sales have “slowed to some degree,” raising concerns that domestic growth momentum may be cooling. Walmart Shares Slip Amid Sales Slowdown Concerns
• Negative Sentiment: Another note said Walmart shares have fallen to near an eight-month low as analysts flag slowing sales, reinforcing concerns that near-term fundamentals may not match the stock’s valuation. WMT Stock Sinks To Near Eight-Month Low — Cleveland Research Flags Slowing Sales

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.