Elo Mutual Pension Insurance Co Raises Position in Walmart Inc. $WMT

Elo Mutual Pension Insurance Co grew its stake in Walmart Inc. (NASDAQ:WMT) by 31.1% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 513,621 shares of the retailer’s stock after purchasing an additional 121,708 shares during the quarter. Walmart makes up about 0.9% of Elo Mutual Pension Insurance Co’s holdings, making the stock its 19th largest position. Elo Mutual Pension Insurance Co’s holdings in Walmart were worth $52,934,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Norges Bank purchased a new position in Walmart during the 2nd quarter worth $5,367,770,000. Laurel Wealth Advisors LLC lifted its position in shares of Walmart by 9,648.7% during the second quarter. Laurel Wealth Advisors LLC now owns 11,486,374 shares of the retailer’s stock valued at $1,123,138,000 after purchasing an additional 11,368,549 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Walmart by 1.4% during the second quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock valued at $42,223,116,000 after purchasing an additional 5,856,468 shares in the last quarter. Amundi boosted its holdings in Walmart by 23.5% during the second quarter. Amundi now owns 19,493,644 shares of the retailer’s stock worth $1,902,775,000 after purchasing an additional 3,710,506 shares during the last quarter. Finally, AGF Management Ltd. grew its position in Walmart by 1,176.6% in the 2nd quarter. AGF Management Ltd. now owns 3,317,487 shares of the retailer’s stock worth $324,384,000 after purchasing an additional 3,057,612 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Bank of America initiated coverage with a “Buy” rating and a $150 price target, signaling materially higher analyst optimism versus the current share level (roughly +17% upside from the cited price).
• Positive Sentiment: Recent quarterly results showed a slight EPS beat (reported $0.74 vs. $0.73 est.) and revenue topped estimates; management issued FY2027 EPS guidance of $2.75–$2.85, supporting multiple expansion and investor confidence.
• Positive Sentiment: Walmart is rolling out its Scintilla In-Store data platform and expanding private/partner brands, moves that reinforce higher-margin adjacencies (ads, marketplace, fulfillment) and long-term e‑commerce/store integration growth. Walmart Supplier Tech And New Brands Reframe Stores As Data Platforms
• Neutral Sentiment: Brokerage consensus remains constructive — a “Moderate Buy” consensus was reported, reflecting institutional buy-side alignment but some variance in targets. Walmart Inc. (NASDAQ:WMT) Given Consensus Recommendation of “Moderate Buy” by Brokerages
• Neutral Sentiment: Walmart leadership will participate in upcoming investor events and webcasts — provides management access to investors for strategy updates and Q&A, which can influence near-term sentiment. Walmart Leadership to Participate in Upcoming Investor Events
• Negative Sentiment: Walmart agreed to settle FTC claims over Spark driver pay for roughly $100M total, including a $16M payout to drivers over alleged misleading pay/tip claims — a near-term cash hit and reputational/legal overhang, though not material to operating margins long-term at scale. Walmart agrees to $100M settlement over deceptive pay practices in Spark Driver program Walmart agrees to pay $16 million to its Spark delivery drivers to settle claims it misled them over tips and pay

Analysts Set New Price Targets

WMT has been the topic of several recent analyst reports. Piper Sandler reissued an “overweight” rating on shares of Walmart in a research report on Tuesday, February 24th. Morgan Stanley reissued an “overweight” rating and issued a $135.00 price objective (up from $125.00) on shares of Walmart in a research report on Thursday, January 15th. HSBC downgraded Walmart from a “buy” rating to a “hold” rating and upped their price objective for the company from $122.00 to $131.00 in a research note on Friday, February 20th. Wells Fargo & Company reiterated an “overweight” rating and set a $140.00 target price (up from $130.00) on shares of Walmart in a research note on Tuesday, February 10th. Finally, Roth Mkm restated a “buy” rating and set a $138.00 price target on shares of Walmart in a research report on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $134.42.

Insider Activity

In other news, EVP Christopher James Nicholas sold 34,082 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $122.00, for a total value of $4,158,004.00. Following the completion of the transaction, the executive vice president directly owned 533,466 shares of the company’s stock, valued at $65,082,852. This trade represents a 6.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $126.71, for a total value of $2,460,201.36. Following the sale, the director owned 4,023,209 shares in the company, valued at approximately $509,780,812.39. The trade was a 0.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 259,703 shares of company stock valued at $31,585,043. 0.10% of the stock is currently owned by corporate insiders.

Walmart Trading Up 2.8%

Shares of WMT opened at $127.95 on Monday. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $134.69. The business has a 50-day moving average of $120.44 and a 200 day moving average of $110.18. The firm has a market cap of $1.02 trillion, a P/E ratio of 46.70, a price-to-earnings-growth ratio of 5.03 and a beta of 0.66. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.24 and a current ratio of 0.79.

Walmart (NASDAQ:WMT) last issued its earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share 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 firm had revenue of $190.66 billion during the quarter, compared to analyst estimates of $188.37 billion. During the same quarter last year, the business earned $0.66 earnings per share. The company’s quarterly revenue was up 5.6% on a year-over-year basis. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. As a group, research analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Announces Dividend

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

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.