Crossmark Global Holdings Inc. Sells 20,471 Shares of Walmart Inc. $WMT

Crossmark Global Holdings Inc. decreased its position in shares of Walmart Inc. (NASDAQ:WMT) by 4.9% in the fourth quarter, HoldingsChannel reports. The fund owned 397,412 shares of the retailer’s stock after selling 20,471 shares during the quarter. Walmart makes up 0.6% of Crossmark Global Holdings Inc.’s portfolio, making the stock its 25th largest position. Crossmark Global Holdings Inc.’s holdings in Walmart were worth $44,280,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of WMT. Vanguard Group Inc. increased its position in Walmart by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer’s stock valued at $49,015,626,000 after buying an additional 4,304,436 shares in the last quarter. State Street Corp boosted its holdings in Walmart by 1.2% in the third quarter. State Street Corp now owns 184,805,978 shares of the retailer’s stock worth $19,046,104,000 after acquiring an additional 2,242,364 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in Walmart by 1.6% in the third quarter. Fisher Asset Management LLC now owns 40,298,623 shares of the retailer’s stock worth $4,153,176,000 after acquiring an additional 634,211 shares in the last quarter. Legal & General Group Plc grew its stake in shares of Walmart by 3.5% during the third quarter. Legal & General Group Plc now owns 27,268,463 shares of the retailer’s stock worth $2,810,288,000 after acquiring an additional 934,468 shares during the last quarter. Finally, Raymond James Financial Inc. increased its holdings in shares of Walmart by 0.4% during the third quarter. Raymond James Financial Inc. now owns 24,990,692 shares of the retailer’s stock valued at $2,575,541,000 after acquiring an additional 93,459 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

WMT has been the subject of a number of recent analyst reports. BTIG Research lifted their target price on shares of Walmart from $140.00 to $145.00 and gave the stock a “buy” rating in a research note on Wednesday. Roth Mkm reaffirmed a “buy” rating and issued a $138.00 price target on shares of Walmart in a report on Friday, February 20th. Argus upgraded shares of Walmart to a “strong-buy” rating in a research note on Wednesday, February 18th. BMO Capital Markets reissued an “outperform” rating on shares of Walmart in a report on Wednesday, January 14th. Finally, Telsey Advisory Group upped their target price on Walmart from $135.00 to $140.00 and gave the company an “outperform” rating in a research report on Friday, February 20th. Two investment 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 stock. According to MarketBeat.com, Walmart has a consensus rating of “Buy” and a consensus target price of $138.09.

Insider Buying and Selling

In other Walmart news, Director C Douglas Mcmillon sold 19,416 shares of the stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $132.21, for a total transaction of $2,566,989.36. Following the sale, the director directly owned 4,193,995 shares of the company’s stock, valued at approximately $554,488,078.95. This trade represents a 0.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP John D. Rainey sold 20,000 shares of Walmart stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $127.79, for a total value of $2,555,800.00. Following the transaction, the executive vice president owned 486,764 shares of the company’s stock, valued at $62,203,571.56. The trade was a 3.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 167,195 shares of company stock valued at $20,975,804 in the last 90 days. 0.10% of the stock is currently owned by insiders.

Key Walmart News

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 Price Performance

Shares of NASDAQ:WMT opened at $130.43 on Friday. Walmart Inc. has a twelve month low of $91.89 and a twelve month high of $134.69. The company has a current ratio of 0.79, a quick ratio of 0.24 and a debt-to-equity ratio of 0.38. The company has a market cap of $1.04 trillion, a PE ratio of 47.60, a price-to-earnings-growth ratio of 4.85 and a beta of 0.65. The company’s 50 day moving average is $125.91 and its 200 day moving average is $118.22.

Walmart (NASDAQ:WMT) last announced its quarterly earnings data on Thursday, February 19th. The retailer reported $0.74 EPS for the quarter, beating the consensus estimate of $0.73 by $0.01. The business had revenue of $190.66 billion during the quarter, compared to analysts’ expectations of $188.37 billion. Walmart had a net margin of 3.07% and a return on equity of 21.44%. The business’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.66 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. On average, sell-side analysts forecast that Walmart Inc. will post 2.89 EPS for the current year.

Walmart Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 4th. Shareholders of record on Friday, December 11th will be issued a $0.2475 dividend. This represents a $0.99 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Friday, December 11th. Walmart’s dividend payout ratio is presently 36.13%.

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.