NewEdge Wealth LLC Acquires 30,214 Shares of Walmart Inc. $WMT

NewEdge Wealth LLC lifted its holdings in Walmart Inc. (NASDAQ:WMT) by 20.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 180,521 shares of the retailer’s stock after acquiring an additional 30,214 shares during the period. NewEdge Wealth LLC’s holdings in Walmart were worth $20,112,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in WMT. Fox Run Management L.L.C. bought a new stake in shares of Walmart in the 3rd quarter worth about $1,709,000. Harel Insurance Investments & Financial Services Ltd. grew its holdings in Walmart by 16.6% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 63,782 shares of the retailer’s stock valued at $6,567,000 after purchasing an additional 9,061 shares during the last quarter. Van ECK Associates Corp raised its position in Walmart by 2.9% in the 3rd quarter. Van ECK Associates Corp now owns 1,010,886 shares of the retailer’s stock worth $104,182,000 after purchasing an additional 28,026 shares during the period. Tennessee Valley Asset Management Partners lifted its stake in Walmart by 466.6% in the third quarter. Tennessee Valley Asset Management Partners now owns 13,343 shares of the retailer’s stock worth $1,375,000 after purchasing an additional 10,988 shares during the last quarter. Finally, Tradewinds LLC. bought a new stake in Walmart in the third quarter worth about $11,077,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Wall Street Analysts Forecast Growth

WMT has been the topic of a number of analyst reports. The Goldman Sachs Group reaffirmed a “buy” rating and set a $138.00 target price on shares of Walmart in a research note on Friday, February 20th. Guggenheim raised their price target on Walmart from $120.00 to $137.00 and gave the stock a “buy” rating in a research note on Monday, April 13th. Deutsche Bank Aktiengesellschaft set a $120.00 price objective on Walmart in a report on Friday, February 20th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $140.00 price objective (up from $130.00) on shares of Walmart in a research report on Tuesday, February 10th. Finally, Truist Financial increased their target price on Walmart from $127.00 to $139.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. Two analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $138.09.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: TD Cowen boosted its price target on Walmart to $150 and kept a Buy rating, which supports sentiment around the stock. Walmart (WMT) Gets a Buy from TD Cowen
• Positive Sentiment: Walmart was included among the 10 best inflation-hedge stocks for 2026, reinforcing its defensive appeal if consumer budgets remain tight. Walmart (WMT) – Among the 10 Best Inflation-Hedge Stocks to Buy for 2026
• Positive Sentiment: Another write-up echoed the inflation-hedge theme and TD Cowen’s raised target, adding to the bullish analyst narrative. Walmart (WMT) – Among the 10 Best Inflation-Hedge Stocks to Buy for 2026
• Positive Sentiment: Walmart opened a third U.S. milk processing facility, which may support supply-chain control and lower long-term costs. Walmart Inc. (WMT) Opens Third Milk Processing Facility in the United States, Reuters Reports
• Positive Sentiment: Walmart expanded its wellness aisles with exclusive men’s grooming and women’s health products, which could help drive traffic and sales in higher-margin categories. Walmart Expands Wellness Aisles With Exclusive Grooming And Women’s Health Lines
• Neutral Sentiment: Coverage ahead of retail earnings highlighted Walmart as a key read on consumer spending, but this is more of a macro watch item than a direct catalyst. Retail Earnings Will Show How Much Pressure Consumers Are Under
• Neutral Sentiment: CNBC noted that higher-income shoppers are helping drive Walmart’s strength this year, underscoring a favorable demand mix. Walmart has been on fire this year. How high earners are driving up the stock
• Neutral Sentiment: BTIG Research also issued a positive outlook on Walmart, adding to the broader analyst support. BTIG Research Issues Positive Forecast for Walmart (NASDAQ:WMT) Stock Price

Walmart Stock Performance

Walmart stock opened at $130.43 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.24 and a current ratio of 0.79. The company has a market capitalization of $1.04 trillion, a PE ratio of 47.60, a P/E/G ratio of 4.86 and a beta of 0.65. The company has a 50 day moving average price of $125.91 and a 200-day moving average price of $118.22. Walmart Inc. has a fifty-two week low of $91.89 and a fifty-two week high of $134.69.

Walmart (NASDAQ:WMT) last announced its quarterly earnings data on Thursday, February 19th. The retailer reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.01. The company had revenue of $190.66 billion for the quarter, compared to analysts’ expectations of $188.37 billion. Walmart had a return on equity of 21.44% and a net margin of 3.07%.Walmart’s revenue was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.66 earnings per share. 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, equities analysts forecast that Walmart Inc. will post 2.89 earnings per share for the current year.

Walmart Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Friday, December 11th will be paid 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 (DPR) is currently 36.13%.

Insider Activity

In other Walmart news, EVP John D. Rainey sold 20,000 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $127.79, for a total transaction of $2,555,800.00. Following the transaction, the executive vice president directly owned 486,764 shares in the company, valued at $62,203,571.56. This represents a 3.95% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Latriece Watkins sold 10,000 shares of the business’s 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 sale, the executive vice president owned 108,294 shares of the company’s stock, valued at approximately $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. In the last 90 days, insiders have sold 167,195 shares of company stock valued at $20,975,804. Company insiders own 0.10% of the company’s stock.

Walmart 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.