SteelPeak Wealth LLC Has $5.41 Million Holdings in Walmart Inc. $WMT

SteelPeak Wealth LLC grew its position in Walmart Inc. (NASDAQ:WMT) by 13.4% in the first quarter, according to its most recent filing with the SEC. The fund owned 43,449 shares of the retailer’s stock after acquiring an additional 5,123 shares during the period. SteelPeak Wealth LLC’s holdings in Walmart were worth $5,410,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in WMT. One Day In July LLC boosted its position in Walmart by 2.1% during the first quarter. One Day In July LLC now owns 8,361 shares of the retailer’s stock valued at $1,039,000 after acquiring an additional 172 shares during the last quarter. Frisch Financial Group Inc. raised its position in shares of Walmart by 1.5% during the first quarter. Frisch Financial Group Inc. now owns 6,886 shares of the retailer’s stock worth $857,000 after purchasing an additional 100 shares during the period. Independent Financial Group LLC bought a new position in shares of Walmart in the first quarter valued at $12,938,000. Enterprise Financial Services Corp boosted its stake in Walmart by 0.8% during the 1st quarter. Enterprise Financial Services Corp now owns 23,759 shares of the retailer’s stock valued at $2,953,000 after purchasing an additional 185 shares during the last quarter. Finally, Prosperity Consulting Group LLC boosted its position in shares of Walmart by 0.5% during the first quarter. Prosperity Consulting Group LLC now owns 68,471 shares of the retailer’s stock valued at $8,510,000 after buying an additional 347 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Up 2.2%

Shares of NASDAQ:WMT opened at $114.95 on Friday. The stock has a market capitalization of $914.78 billion, a price-to-earnings ratio of 40.33, a PEG ratio of 4.19 and a beta of 0.60. The stock has a fifty day simple moving average of $119.14 and a two-hundred day simple moving average of $122.10. Walmart Inc. has a 12-month low of $94.43 and a 12-month high of $135.15. 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 (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 for the quarter, compared to analysts’ expectations of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The firm’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the firm posted $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. On average, research analysts anticipate that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Insider Buying and Selling at Walmart

In other Walmart news, EVP Latriece Watkins sold 11,000 shares of the business’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $118.97, for a total transaction of $1,308,670.00. Following the completion of the sale, the executive vice president owned 120,203 shares of the company’s stock, valued at approximately $14,300,550.91. The trade was a 8.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP David W. Guggina sold 11,978 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the completion of the sale, the executive vice president directly owned 125,067 shares of the company’s stock, valued at $14,985,527.94. This represents a 8.74% 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. Over the last ninety days, insiders have sold 87,145 shares of company stock worth $10,691,920. Insiders own 0.09% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on WMT. Wolfe Research reiterated an “outperform” rating and set a $137.00 target price (up from $135.00) on shares of Walmart in a research note on Monday, May 11th. Royal Bank Of Canada reissued an “outperform” rating and set a $137.00 price objective (down from $140.00) on shares of Walmart in a research note on Friday, May 22nd. Piper Sandler reissued an “overweight” rating on shares of Walmart in a research note on Monday, June 8th. Freedom Capital raised Walmart from a “strong sell” rating to a “hold” rating in a report on Thursday, May 21st. Finally, Evercore restated an “outperform” rating on shares of Walmart in a research report on Monday, May 18th. One research 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 MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $138.85.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart’s back-to-school push is getting attention as the retailer highlights its lowest prices since 2019 on popular school items, which could help drive traffic and sales into the important seasonal shopping period. Walmart Helps Americans Navigate Their Annual Back-to-School Reset with Unmatched Value, Convenience and Style
• Positive Sentiment: June retail sales rose modestly, suggesting consumers are still spending and reinforcing Walmart’s value-oriented appeal as shoppers look for lower prices on essentials. Retail Sales Hold Up as Walmart and Amazon Go Back to School
• Positive Sentiment: Walmart also announced a partnership with General Mills and ADM to expand regenerative agriculture across 40,000 Midwest wheat acres, a long-term supply-chain and sustainability initiative that may support the company’s brand and sourcing strategy. General Mills, ADM, Walmart Partner to Accelerate Regenerative Agriculture Across 40,000 Midwest Wheat Acres
• Neutral Sentiment: Analysts continue to flag Walmart’s premium valuation, with a forward P/E around 36.7x, which suggests investors expect strong execution but also leaves less room for disappointment. Walmart Commands a 36.74X Forward P/E: Is the Stock Worth Buying?
• Neutral Sentiment: Commentary on Walmart’s AI-related hiring plans highlights the company’s investment in automation and digital tools, but it does not appear to materially change near-term earnings expectations. Walmart’s people chief says these 10 jobs are still hot in the age of AI
• Neutral Sentiment: Broader market volatility and articles comparing Walmart with other defensive stocks add context, but they are not direct catalysts for the shares. 3 Stocks to Own When the Market Gets Ugly in July
• Negative Sentiment: Walmart’s stock has also recently been under pressure on a day when the broader market was firmer, underscoring some investor caution around the name despite its defensive profile. Walmart (WMT) Stock Sinks As Market Gains: Here’s Why

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.