TD Asset Management Inc Has $262.16 Million Stock Holdings in Walmart Inc. $WMT

TD Asset Management Inc decreased its position in Walmart Inc. (NASDAQ:WMT) by 10.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,314,696 shares of the retailer’s stock after selling 258,999 shares during the period. TD Asset Management Inc’s holdings in Walmart were worth $262,162,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Boomfish Wealth Group LLC increased its position in shares of Walmart by 5.7% during the second quarter. Boomfish Wealth Group LLC now owns 3,772 shares of the retailer’s stock valued at $427,000 after purchasing an additional 203 shares during the period. Provident Wealth Management LLC raised its stake in shares of Walmart by 51.9% in the second quarter. Provident Wealth Management LLC now owns 4,092 shares of the retailer’s stock valued at $463,000 after purchasing an additional 1,398 shares in the last quarter. River Wealth Advisors LLC lifted its position in Walmart by 2.7% in the second quarter. River Wealth Advisors LLC now owns 66,044 shares of the retailer’s stock worth $7,480,000 after purchasing an additional 1,748 shares during the period. BCGM Wealth Management LLC lifted its position in Walmart by 6.2% in the second quarter. BCGM Wealth Management LLC now owns 2,151 shares of the retailer’s stock worth $244,000 after purchasing an additional 125 shares during the period. Finally, SmartHarvest Portfolios LLC boosted its stake in Walmart by 7.3% during the second quarter. SmartHarvest Portfolios LLC now owns 17,839 shares of the retailer’s stock worth $2,020,000 after buying an additional 1,219 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling

In other news, CEO John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $124.08, for a total transaction of $1,628,550.00. Following the sale, the chief executive officer owned 661,037 shares in the company, valued at approximately $82,021,470.96. This represents a 1.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel J. Bartlett sold 3,775 shares of the firm’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $109.64, for a total value of $413,891.00. Following the completion of the sale, the executive vice president owned 630,009 shares of the company’s stock, valued at approximately $69,074,186.76. This trade represents a 0.60% 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 quarter, insiders have sold 70,189 shares of company stock valued at $8,377,320. Insiders own 0.09% of the company’s stock.

Analyst Ratings Changes

WMT has been the topic of several analyst reports. TD Cowen reissued 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. Morgan Stanley raised their price objective on shares of Walmart from $135.00 to $140.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. Sanford C. Bernstein set a $142.00 target price on shares of Walmart and gave the company an “outperform” rating in a research note on Friday, July 31st. Mizuho set a $130.00 price target on shares of Walmart in a research report on Monday, July 27th. Finally, Erste Group Bank lowered shares of Walmart from a “buy” rating to a “hold” rating in a research report on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $138.56.

Walmart Price Performance

Shares of WMT opened at $115.27 on Monday. The company has a market capitalization of $917.33 billion, a P/E ratio of 40.45, a PEG ratio of 4.30 and a beta of 0.61. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.23. Walmart Inc. has a one year low of $95.42 and a one year high of $135.15. The business’s 50 day simple moving average is $114.34 and its 200-day simple moving average is $121.54.

Walmart (NASDAQ:WMT) last released its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, hitting analysts’ consensus estimates of $0.66. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The business had revenue of $177.75 billion for the quarter, compared to analyst estimates of $174.84 billion. During the same period in the prior year, the company earned $0.61 EPS. Walmart’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. As a group, sell-side analysts predict that Walmart Inc. will post 2.88 EPS for the current fiscal year.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart’s e-commerce business continues to be viewed as a significant growth engine, with its digital capabilities increasingly resembling a broader commerce platform rather than a traditional big-box retailer. Walmart’s E-Commerce Engine Roars
• Positive Sentiment: Jefferies said potential tariff refunds could support Walmart’s price-leadership strategy. Reinvesting the money in lower prices could widen its price gap with competitors and help drive market-share gains, particularly in consumables. Walmart set for in-line Q2
• Positive Sentiment: Royal Bank of Canada reaffirmed an “Outperform” rating, providing some support for the long-term investment case despite near-term sales concerns. RBC Reaffirms Outperform Rating
• Neutral Sentiment: Walmart is expected to deliver largely in-line second-quarter results. The key catalysts are management’s second-half outlook, tariff-refund treatment and the potential effect on pricing and margins. Walmart Q2 earnings preview
• Neutral Sentiment: The company will release results before the market opens on August 20 and host a conference call with CEO John Furner and CFO John David Rainey. Walmart to Host Second Quarter Earnings Conference Call
• Negative Sentiment: Deutsche Bank expects Walmart to miss second-quarter comparable-sales estimates, while high gasoline prices are pressuring household budgets and raising the retailer’s operating costs. Walmart Seen Missing Comparable Sales Estimates
• Negative Sentiment: Analysts have cited elevated fuel costs, rising expenses and valuation concerns as reasons for Walmart’s recent weakness, despite solid revenue growth and e-commerce momentum. Walmart Stock Slides About 12% in 3 Months
• Negative Sentiment: Amazon’s AI-powered Alexa shopping tools could intensify competition for grocery-list creation and digital shopping relationships, areas strategically important to Walmart’s e-commerce growth. Amazon’s Alexa Shopping Strategy

About Walmart

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.