CrossGen Wealth LLC Invests $4.42 Million in Walmart Inc. $WMT

CrossGen Wealth LLC purchased a new stake in shares of Walmart Inc. (NASDAQ:WMT) during the 4th quarter, Holdings Channel reports. The fund purchased 39,672 shares of the retailer’s stock, valued at approximately $4,420,000. Walmart makes up 3.9% of CrossGen Wealth LLC’s holdings, making the stock its 7th largest position.

Several other hedge funds have also recently bought and sold shares of WMT. Entrust Financial LLC purchased a new position in Walmart during the 4th quarter valued at about $27,000. Redmont Wealth Advisors LLC purchased a new stake in shares of Walmart in the third quarter worth approximately $30,000. Beacon Financial Strategies CORP acquired a new stake in shares of Walmart during the fourth quarter worth approximately $30,000. Bay Harbor Wealth Management LLC grew its position in Walmart by 57.4% during the fourth quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock valued at $32,000 after purchasing an additional 105 shares in the last quarter. Finally, Clayton Financial Group LLC grew its position in Walmart by 193.0% during the fourth quarter. Clayton Financial Group LLC now owns 293 shares of the retailer’s stock valued at $33,000 after purchasing an additional 193 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on WMT. Craig Hallum set a $150.00 target price on shares of Walmart in a research report on Friday, March 6th. Deutsche Bank Aktiengesellschaft set a $120.00 price target on shares of Walmart in a research note on Friday, February 20th. Piper Sandler reissued an “overweight” rating on shares of Walmart in a research report on Monday, June 8th. Morgan Stanley boosted their target price on Walmart from $135.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, April 22nd. Finally, HSBC lowered Walmart from a “buy” rating to a “hold” rating and upped their target price for the stock from $122.00 to $131.00 in a research report on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four 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 Down 0.8%

Walmart stock opened at $117.18 on Friday. The company has a market capitalization of $932.53 billion, a P/E ratio of 41.12, a P/E/G ratio of 4.41 and a beta of 0.59. The firm’s fifty day simple moving average is $124.81 and its 200-day simple moving average is $122.07. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. Walmart Inc. has a 1-year low of $94.23 and a 1-year high of $135.15.

Walmart (NASDAQ:WMT) last released its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.66. The business had revenue of $177.75 billion during the quarter, compared to analyst estimates of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. Walmart’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.61 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Sell-side analysts forecast that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Latriece Watkins sold 11,000 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $118.97, for a total value of $1,308,670.00. Following the completion of the sale, the executive vice president directly owned 120,203 shares in the company, valued at approximately $14,300,550.91. The trade was a 8.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Daniel J. Bartlett sold 1,385 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $119.83, for a total value of $165,964.55. Following the transaction, the executive vice president owned 633,784 shares in the company, valued at approximately $75,946,336.72. This trade represents a 0.22% decrease in their position. 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. Over the last ninety days, insiders have sold 117,246 shares of company stock valued at $14,493,147. 0.09% of the stock is owned by corporate insiders.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Analyst commentary remains broadly supportive, with a consensus “Moderate Buy” rating and an average price target around $138.85, suggesting Wall Street still sees upside from current levels.
• Positive Sentiment: Walmart’s latest earnings showed solid operating momentum, with revenue topping expectations and sales up 7.4% year over year, reinforcing the company’s defensive growth profile.
• Positive Sentiment: Several articles highlighted Walmart’s e-commerce, marketplace and higher-margin digital initiatives as key reasons bulls remain constructive after the stock’s recent pullback. Article Title
• Neutral Sentiment: Coverage comparing Walmart with other retail and wholesale alternatives may be prompting some portfolio rotation, but it does not appear to signal a fundamental change in the business. Article Title
• Neutral Sentiment: Walmart also drew attention for its competition with Amazon in retail data and ad monetization, underscoring a strategic growth area rather than an immediate earnings catalyst. Article Title
• Negative Sentiment: A recent 9.2% pullback and the stock’s move below key moving averages reflect investor caution about fuel costs, consumer pressure and whether near-term margins can keep pace. Article Title
• Negative Sentiment: Insider selling by EVP Daniel Bartlett, though conducted under a pre-arranged 10b5-1 plan and relatively small versus his holdings, can still add to short-term negative sentiment. Article Title

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.