Glenview Trust Co Takes $100.52 Million Position in Walmart Inc. $WMT

Glenview Trust Co bought a new position in shares of Walmart Inc. (NASDAQ:WMT) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 887,496 shares of the retailer’s stock, valued at approximately $100,518,000. Walmart makes up about 0.9% of Glenview Trust Co’s portfolio, making the stock its 29th largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. North Star Asset Management Inc. bought a new position in Walmart in the 2nd quarter valued at about $1,804,000. Maxele Advisors LLC bought a new stake in Walmart during the 2nd quarter worth approximately $951,000. SwitchPoint Financial Planning LLC bought a new stake in Walmart during the 2nd quarter worth approximately $420,000. Empowered Funds LLC purchased a new stake in shares of Walmart in the second quarter worth approximately $50,464,000. Finally, United Capital Financial Advisors LLC purchased a new stake in shares of Walmart in the second quarter worth approximately $35,364,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insiders Place Their Bets

In other Walmart news, EVP Christopher James Nicholas sold 2,900 shares of the company’s stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $106.34, for a total value of $308,386.00. Following the completion of the transaction, the executive vice president owned 569,153 shares in the company, valued at $60,523,730.02. This represents a 0.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 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 sale, the executive vice president directly owned 630,009 shares of the company’s stock, valued at approximately $69,074,186.76. This represents a 0.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 77,292 shares of company stock worth $8,421,143 in the last ninety days. Company insiders own 0.09% of the company’s stock.

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart agreed to pay $50 million to settle U.S. Justice Department allegations involving improperly filled opioid prescriptions. Although the settlement carries a financial cost and reputational risk, it is viewed favorably because it resolves litigation that had exposed the company to potentially billions of dollars in civil penalties. Walmart described the payment as immaterial. Walmart escapes major legal penalty for a fraction of the cost
• Positive Sentiment: Walmart’s U.S. marketplace sales increased 52%, supported by a broader product selection, greater use of fulfillment services and international expansion in Mexico and Canada. Sustaining this momentum could improve e-commerce growth and marketplace profitability. Walmart’s Marketplace Momentum Builds
• Positive Sentiment: Tigress Financial reaffirmed its buy rating and set a $155 price target, implying substantial upside from recent trading levels. This reflects confidence in Walmart’s long-term earnings and growth prospects. Benzinga analyst rating
• Neutral Sentiment: Commentary highlights Walmart’s 53-year record of dividend increases and notes that the stock is well below its peak. However, its dividend yield remains relatively low and its valuation is still elevated compared with the broader market. Walmart dividend analysis
• Negative Sentiment: Erste Group Bank lowered its fiscal 2027 EPS estimates, signaling expectations for slower earnings growth or increased cost pressure. Walmart’s recent earnings-related share-price weakness also indicates that investors remain sensitive to the company’s premium valuation. FY2027 EPS Estimates for Walmart Cut

Walmart Price Performance

Walmart stock opened at $104.87 on Tuesday. Walmart Inc. has a 52 week low of $95.79 and a 52 week high of $135.15. The company’s 50 day moving average price is $111.65 and its two-hundred day moving average price is $120.24. The stock has a market cap of $834.56 billion, a P/E ratio of 37.86, a P/E/G ratio of 3.92 and a beta of 0.61. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.41.

Walmart (NASDAQ:WMT) last released its earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.07. The company had revenue of $187.94 billion during the quarter, compared to analyst estimates of $186.64 billion. Walmart had a return on equity of 21.83% and a net margin of 3.00%.Walmart’s quarterly revenue was up 5.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.68 earnings per share. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. On average, equities analysts predict that Walmart Inc. will post 2.87 earnings per share for the current year.

Analysts Set New Price Targets

WMT has been the topic of several analyst reports. Weiss Ratings cut Walmart from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, July 31st. Freedom Broker upgraded Walmart from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 20th. Oppenheimer reissued a “market perform” rating on shares of Walmart in a research report on Tuesday, August 25th. Raymond James Financial restated an “outperform” rating and set a $130.00 price objective on shares of Walmart in a research note on Friday, August 21st. Finally, BNP Paribas Exane reaffirmed an “outperform” rating and set a $137.00 price objective (down from $146.00) on shares of Walmart in a report on Friday, August 21st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Walmart has an average rating of “Moderate Buy” and an average target price of $131.88.

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.