Deltec Asset Management LLC Sells 40,285 Shares of Walmart Inc. $WMT

Deltec Asset Management LLC lessened its stake in shares of Walmart Inc. (NASDAQ:WMT) by 35.3% during the first quarter, Holdings Channel.com reports. The fund owned 73,982 shares of the retailer’s stock after selling 40,285 shares during the period. Walmart comprises 1.7% of Deltec Asset Management LLC’s investment portfolio, making the stock its 15th largest position. Deltec Asset Management LLC’s holdings in Walmart were worth $9,194,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in Walmart during the fourth quarter worth about $6,458,529,000. AQR Capital Management LLC increased its holdings in Walmart by 188.1% in the 3rd quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer’s stock valued at $1,199,907,000 after buying an additional 7,614,172 shares during the period. Geode Capital Management LLC raised its position in shares of Walmart by 6.8% in the 4th quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer’s stock valued at $11,426,753,000 after buying an additional 6,517,394 shares in the last quarter. Capital International Investors acquired a new position in shares of Walmart in the 4th quarter valued at approximately $592,848,000. Finally, Vanguard Group Inc. lifted its holdings in shares of Walmart by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer’s stock worth $49,015,626,000 after acquiring an additional 4,304,436 shares during the period. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart is being viewed as a defensive winner in a cautious consumer environment, with commentary pointing to resilient grocery spending, strong omnichannel execution, and growth in advertising and membership revenue as reasons the stock could grind higher. Article Title
• Positive Sentiment: Analysts remain broadly constructive on Walmart, and new commentary highlighted strong interest in the company’s Google AI partnership for “agentic shopping,” which could support future digital commerce growth and ecosystem monetization. Article Title
• Positive Sentiment: Unusual options activity showed bullish positioning, with traders buying far more WMT call options than usual, suggesting some investors are betting on a rebound. Article Title
• Neutral Sentiment: Wall Street continues to rate Walmart favorably overall, with several firms reiterating buy-equivalent ratings and an average price target above current levels, though not enough to fully offset recent valuation concerns.
• Negative Sentiment: Investor concern remains over slowing U.S. comparable sales and the company’s reliance on price cuts and tariff refunds to manage inventory, which could pressure margins if the trend continues. Article Title
• Negative Sentiment: Walmart EVP Daniel J. Bartlett sold 3,775 shares in a pre-arranged 10b5-1 transaction, a routine filing but still a small negative sentiment item for traders. Article Title

Insider Buying and Selling at Walmart

In other news, Director C Douglas Mcmillon sold 19,416 shares of the stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $118.63, for a total value of $2,303,320.08. Following the completion of the sale, the director owned 4,174,579 shares of the company’s stock, valued at approximately $495,230,306.77. This represents a 0.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO John R. Furner sold 13,125 shares of the firm’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $124.84, for a total value of $1,638,525.00. Following the transaction, the chief executive officer owned 674,162 shares of the company’s stock, valued at $84,162,384.08. This trade represents a 1.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 104,505 shares of company stock worth $12,858,514 over the last 90 days. Company insiders own 0.09% of the company’s stock.

Walmart Stock Performance

Walmart stock opened at $111.84 on Friday. The business has a 50 day moving average of $122.15 and a 200-day moving average of $122.07. Walmart Inc. has a 1 year low of $94.23 and a 1 year high of $135.15. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.23. The company has a market capitalization of $890.03 billion, a P/E ratio of 39.24, a P/E/G ratio of 4.17 and a beta of 0.60.

Walmart (NASDAQ:WMT) last posted its earnings results on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, hitting the consensus estimate of $0.66. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The business had revenue of $177.75 billion for the quarter, compared to the consensus estimate of $174.84 billion. During the same period last year, the company earned $0.61 EPS. The firm’s revenue was up 7.4% compared to the same quarter last year. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. On average, equities research analysts predict that Walmart Inc. will post 2.89 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms recently issued reports on WMT. Guggenheim increased their price target on shares of Walmart from $120.00 to $137.00 and gave the stock a “buy” rating in a research report on Monday, April 13th. Royal Bank Of Canada restated an “outperform” rating and set a $137.00 price objective (down from $140.00) on shares of Walmart in a research report on Friday, May 22nd. Craig Hallum set a $150.00 target price on Walmart in a research note on Friday, March 6th. Evercore reaffirmed an “outperform” rating on shares of Walmart in a report on Monday, May 18th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Walmart in a research report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $138.85.

Walmart Company 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.