TD Asset Management Inc Grows Stock Position in Walmart Inc. $WMT

TD Asset Management Inc boosted its stake in shares of Walmart Inc. (NASDAQ:WMT) by 4.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,618,389 shares of the retailer’s stock after purchasing an additional 109,821 shares during the quarter. TD Asset Management Inc’s holdings in Walmart were worth $269,851,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Jacobson & Schmitt Advisors LLC purchased a new stake in shares of Walmart during the third quarter worth approximately $221,000. Thoroughbred Financial Services LLC increased its position in shares of Walmart by 1.8% in the 3rd quarter. Thoroughbred Financial Services LLC now owns 191,381 shares of the retailer’s stock valued at $19,723,000 after purchasing an additional 3,358 shares during the last quarter. Mount Lucas Management LP raised its holdings in shares of Walmart by 3.2% in the 3rd quarter. Mount Lucas Management LP now owns 15,685 shares of the retailer’s stock valued at $1,616,000 after purchasing an additional 480 shares in the last quarter. M3 Advisory Group LLC lifted its position in shares of Walmart by 2.4% during the 3rd quarter. M3 Advisory Group LLC now owns 6,657 shares of the retailer’s stock worth $686,000 after purchasing an additional 158 shares during the last quarter. Finally, Strata Wealth Advisors LLC grew its stake in shares of Walmart by 39.8% during the third quarter. Strata Wealth Advisors LLC now owns 4,345 shares of the retailer’s stock worth $448,000 after purchasing an additional 1,237 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling

In other Walmart news, EVP Donna Morris sold 76,181 shares of the business’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $123.79, for a total transaction of $9,430,445.99. Following the sale, the executive vice president directly owned 402,072 shares in the company, valued at approximately $49,772,492.88. The trade was a 15.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Latriece Watkins sold 10,000 shares of the stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $121.46, for a total transaction of $1,214,600.00. Following the completion of the transaction, the executive vice president owned 108,294 shares of the company’s stock, valued at $13,153,389.24. This represents a 8.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 261,903 shares of company stock valued at $31,496,959 in the last quarter. Corporate insiders own 0.10% of the company’s stock.

Walmart Price Performance

Walmart stock opened at $126.75 on Wednesday. The business has a 50 day simple moving average of $119.77 and a 200-day simple moving average of $109.69. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $134.69. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.79 and a quick ratio of 0.24. The stock has a market capitalization of $1.01 trillion, a PE ratio of 46.26, a price-to-earnings-growth ratio of 5.02 and a beta of 0.65.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.73 by $0.01. Walmart had a net margin of 3.07% and a return on equity of 21.44%. The business had revenue of $190.66 billion for the quarter, compared to analyst estimates of $188.37 billion. During the same period in the previous year, the business posted $0.66 earnings per share. The business’s revenue was up 5.6% compared to the same quarter last year. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. Equities analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 4th. Investors of record on Friday, December 11th will be issued a dividend of $0.2475 per share. This represents a $0.99 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, December 11th. Walmart’s dividend payout ratio is currently 34.31%.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Large buyback authorized — Walmart approved a new US$30 billion repurchase plan (and recently completed ~US$16.14B), which supports EPS accretion and signals capital‑return focus. How Investors May Respond To Walmart E-commerce Strength And New US$30 Billion Buyback Plan
• Positive Sentiment: Analyst upgrades and price‑target lifts — multiple firms (TD Cowen, Telsey, Jefferies and others) raised targets and reiterated Buy/Outperform ratings, boosting sentiment and supporting near‑term upside expectations. TD Cowen Raises Walmart (WMT) Price Target to $145 from $136
• Positive Sentiment: Earnings beat and guidance underpin momentum — Walmart beat Q results (EPS and revenue), set FY27 guidance, raised the dividend to $0.99 annualized and highlighted execution that is lifting margins/returns. Analysts are re‑rating based on this combined print. Assessing Walmart’s (WMT) Valuation After Earnings Beat Buyback Plan Dividend Hike And Tech Investments
• Positive Sentiment: Operational strength — U.S. segment delivered ~4.6% comp sales, and Walmart hit a record U.S. grocery penetration (~72%), driven by grocery traffic and higher e‑commerce mix — factors that support durable sales and margin upside. Walmart hits its highest U.S. grocery penetration rate ever
• Neutral Sentiment: Peer/valuation context — Coverage comparing Walmart to Costco and Dollar General highlights different business models (membership vs. mass-market) and shows WMT’s premium multiple vs. some peers; useful for relative valuation but not an immediate price driver. Best Consumer Stock to Buy Right Now: Costco or Walmart?
• Negative Sentiment: Insider selling — Several senior executives (including CEO John Furner and multiple EVPs) disclosed sizable stock sales this week; although often for personal/tax reasons, such sales can create short‑term sentiment headwinds. Filings: CEO Form 4 • EVP Christopher Nicholas Form 4 • EVP Latriece Watkins Form 4
• Negative Sentiment: Macro/labor caution — Walmart flagged a potential “hiring recession” context; weaker labor or consumer income dynamics could pressure discretionary spending and margins over time. Walmart Warns of “Hiring Recession”

Analyst Ratings Changes

A number of analysts have weighed in on the company. DA Davidson set a $150.00 price target on Walmart and gave the company a “buy” rating in a research note on Friday. Citigroup reiterated a “buy” rating and issued a $147.00 price objective (up from $120.00) on shares of Walmart in a report on Thursday, February 5th. Rothschild & Co Redburn set a $150.00 target price on Walmart in a research note on Tuesday, February 17th. CICC Research initiated coverage on shares of Walmart in a research report on Friday, December 26th. They issued an “outperform” rating and a $125.00 price target for the company. Finally, Mizuho lifted 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. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $133.21.

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.