Walmart Inc. $WMT Holdings Boosted by Greenup Street Wealth Management LLC

Greenup Street Wealth Management LLC lifted its stake in shares of Walmart Inc. (NASDAQ:WMT) by 487.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 20,627 shares of the retailer’s stock after purchasing an additional 17,113 shares during the quarter. Greenup Street Wealth Management LLC’s holdings in Walmart were worth $2,144,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. State Street Corp grew its holdings in Walmart by 1.1% during the 2nd quarter. State Street Corp now owns 188,036,646 shares of the retailer’s stock valued at $21,297,031,000 after buying an additional 2,107,781 shares in the last quarter. Bank of America Corp DE bought a new stake in shares of Walmart during the second quarter valued at about $7,455,131,000. Bank of New York Mellon Corp lifted its holdings in shares of Walmart by 6.4% in the first quarter. Bank of New York Mellon Corp now owns 28,142,040 shares of the retailer’s stock worth $3,497,493,000 after buying an additional 1,681,353 shares in the last quarter. Legal & General Group Plc purchased a new stake in shares of Walmart in the second quarter worth about $2,905,655,000. Finally, Amundi lifted its holdings in shares of Walmart by 44.4% in the second quarter. Amundi now owns 20,796,957 shares of the retailer’s stock worth $2,355,463,000 after buying an additional 6,393,326 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Energy investment expands Walmart’s customer offerings: Walmart is making a strategic investment in Base Power and will offer the company’s home battery systems to Walmart customers and Sam’s Club members beginning in November. The systems are designed to reduce energy costs and provide backup power, creating a potential new customer benefit while expanding Walmart’s ecosystem beyond traditional retail. Walmart and Base Power announce strategic agreement
• Positive Sentiment: Major automation agreement with Symbotic: Walmart expanded its commercial relationship with warehouse-automation provider Symbotic in a deal valued at approximately $6 billion. Greater automation could improve fulfillment capacity, labor efficiency and inventory management, although the investment also carries execution and capital-spending risks. Symbotic stock jumps on Walmart automation deal
• Positive Sentiment: Strong fundamentals continue to support the stock: Walmart’s latest quarterly results exceeded consensus estimates for both earnings and revenue, with revenue rising year over year. Analysts and market commentary continue to highlight earnings growth and price strength as reasons to remain constructive on WMT. Earnings growth and price strength make Walmart a stock to watch
• Neutral Sentiment: Healthcare expansion offers a longer-term growth avenue: Walmart has broadened its Better Care Services platform into a healthcare marketplace connecting customers with third-party providers. The initiative could increase customer engagement, but its financial contribution is not yet clear. Walmart launched a healthcare services marketplace
• Negative Sentiment: Competitive and regulatory concerns remain: DoorDash’s proposed $17 billion acquisition of Instacart is intended partly to strengthen competition with Walmart and Amazon in local commerce and grocery delivery. Separately, the FTC is seeking information from Walmart about the use of personal data in personalized pricing, creating potential compliance and reputational risks. FTC orders Walmart and others to share pricing data information
• Negative Sentiment: Valuation comparisons could limit upside: Walmart trades at a substantially higher earnings multiple than Target, while commentary suggests Walmart’s comparable-sales growth may be moderating. That premium leaves the stock more exposed if growth expectations weaken. Target trades at a fraction of Walmart’s valuation

Insider Transactions at Walmart

In related news, EVP Latriece Watkins sold 5,000 shares of the stock in a transaction dated Wednesday, October 14th. The stock was sold at an average price of $115.00, for a total transaction of $575,000.00. Following the completion of the sale, the executive vice president directly owned 110,432 shares in the company, valued at $12,699,680. This represents a 4.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO John Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $106.66, for a total value of $1,399,912.50. Following the completion of the transaction, the chief executive officer directly owned 647,912 shares in the company, valued at $69,106,293.92. This trade represents a 1.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 102,244 shares of company stock valued at $11,112,044. 0.09% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. BMO Capital Markets reaffirmed an “outperform” rating and set a $126.00 price objective on shares of Walmart in a research note on Friday, August 21st. Royal Bank Of Canada decreased their target price on shares of Walmart from $137.00 to $131.00 and set an “outperform” rating on the stock in a report on Friday, August 21st. Tigress Financial reiterated a “buy” rating and issued a $155.00 target price on shares of Walmart in a research note on Monday, August 31st. BTIG Research reissued a “buy” rating and issued a $140.00 price target on shares of Walmart in a report on Thursday, September 10th. Finally, Wolfe Research restated an “outperform” rating and set a $115.00 price target on shares of Walmart in a research report on Friday, August 21st. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Walmart currently has an average rating of “Buy” and a consensus price target of $132.41.

Walmart Trading Up 1.9%

Shares of WMT stock opened at $123.51 on Friday. The business has a 50-day moving average price of $110.23 and a two-hundred day moving average price of $118.40. Walmart Inc. has a 12-month low of $98.88 and a 12-month high of $135.15. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.41. The firm has a market cap of $979.90 billion, a P/E ratio of 44.59, a price-to-earnings-growth ratio of 4.38 and a beta of 0.58.

Walmart (NASDAQ:WMT) last announced its quarterly earnings data on Thursday, August 20th. The retailer reported $0.81 EPS for the quarter, beating the consensus estimate of $0.74 by $0.07. The firm had revenue of $187.94 billion for the quarter, compared to analyst estimates of $186.64 billion. Walmart had a return on equity of 21.83% and a net margin of 3.00%. The company’s revenue was up 5.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.68 EPS. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Equities analysts anticipate that Walmart Inc. will post 2.88 EPS for the current fiscal year.

Walmart Company Profile

Walmart Inc (NASDAQ:WMT) operates a global retail business through a network of supercenters, supermarkets, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its stores and websites sell a broad assortment of merchandise, including groceries, consumables, health and wellness products, apparel, electronics, home goods, toys and other general merchandise.

The company organizes its operations into Walmart U.S., Walmart International and Sam’s Club U.S. Walmart U.S.