Cibc World Market Inc. Has $269.55 Million Stake in Walmart Inc. $WMT

Cibc World Market Inc. boosted its position in shares of Walmart Inc. (NASDAQ:WMT) by 13.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,419,441 shares of the retailer’s stock after buying an additional 281,454 shares during the period. Cibc World Market Inc.’s holdings in Walmart were worth $269,550,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Collier Financial acquired a new stake in Walmart during the third quarter worth about $25,000. Entrust Financial LLC acquired a new stake in Walmart during the fourth quarter worth about $27,000. Redmont Wealth Advisors LLC acquired a new stake in Walmart during the third quarter worth about $30,000. Beacon Financial Strategies CORP acquired a new stake in Walmart during the fourth quarter worth about $30,000. Finally, Bay Harbor Wealth Management LLC grew its stake in Walmart by 57.4% during the fourth quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock worth $32,000 after buying an additional 105 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: BTIG Research reaffirmed its Buy rating on Walmart and raised its price target to $145, implying meaningful upside and reinforcing the view that the company’s scale and execution remain strong. BTIG Research reaffirms Buy on Walmart
• Positive Sentiment: Tigress Financial also lifted its price target on Walmart to $155, citing the retailer’s AI-driven platform shift and digital expansion, which suggests analysts still see Walmart as a long-term growth story. Tigress Financial raises Walmart price target
• Neutral Sentiment: Several articles compared Walmart with Target and highlighted Walmart’s defensive profile, strong scale, and upper-income customer gains. These pieces are more supportive of the investment case than directly market-moving. Walmart vs. Target long-term hold
• Neutral Sentiment: Walmart-backed OnePay is expanding beyond the retailer’s ecosystem, which could broaden the fintech business over time, but the impact on WMT shares is indirect for now. OnePay expansion
• Negative Sentiment: A class action lawsuit over Walmart’s Massachusetts hiring practices adds legal and compliance risk, with allegations that the company improperly requires criminal history disclosure and honesty tests. Walmart hiring practices lawsuit
• Negative Sentiment: Another lawsuit tied to allegedly contaminated SpaghettiOs sold at Walmart raises product-liability concerns, which could weigh on investor sentiment even if the case is isolated. SpaghettiOs lawsuit
• Negative Sentiment: Amazon overtaking Walmart for the top spot in the Fortune 500 is a symbolic setback, underscoring Amazon’s faster revenue growth and intensifying competition in retail. Amazon overtakes Walmart in Fortune 500

Analyst Upgrades and Downgrades

WMT has been the topic of a number of research analyst reports. Guggenheim raised their price target on shares of Walmart from $120.00 to $137.00 and gave the company a “buy” rating in a research note on Monday, April 13th. Truist Financial set a $140.00 price objective on shares of Walmart in a report on Thursday, May 21st. Telsey Advisory Group raised their price objective on shares of Walmart from $135.00 to $140.00 and gave the company an “outperform” rating in a report on Friday, February 20th. TD Cowen reiterated a “buy” rating and issued a $150.00 price objective (up from $145.00) on shares of Walmart in a report on Thursday, May 7th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $137.00 price objective (up from $130.00) on shares of Walmart in a report on Friday, May 15th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $138.85.

Walmart Stock Up 3.4%

Walmart stock opened at $116.89 on Thursday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.77. Walmart Inc. has a 52-week low of $93.43 and a 52-week high of $135.15. The firm has a 50 day moving average price of $125.79 and a two-hundred day moving average price of $120.98. The firm has a market cap of $930.22 billion, a price-to-earnings ratio of 41.01, a PEG ratio of 4.22 and a beta of 0.59.

Walmart (NASDAQ:WMT) last released its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share (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 firm had revenue of $177.75 billion during the quarter, compared to analyst estimates of $174.84 billion. During the same quarter last year, the business earned $0.61 EPS. The company’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. Equities analysts predict that Walmart Inc. will post 2.89 EPS for the current year.

Insider Buying and Selling

In other news, EVP Christopher James Nicholas sold 2,900 shares of Walmart stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $123.92, for a total value of $359,368.00. Following the completion of the sale, the executive vice president owned 577,853 shares in the company, valued at $71,607,543.76. The trade was a 0.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $118.63, for a total transaction 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 $495,230,306.77. This represents a 0.46% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 117,008 shares of company stock worth $14,492,704 over the last ninety days. 0.09% of the stock is owned by company insiders.

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.