CIBC Asset Management Inc Buys 5,434 Shares of Walmart Inc. $WMT

CIBC Asset Management Inc grew its stake in Walmart Inc. (NASDAQ:WMT) by 0.7% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 820,277 shares of the retailer’s stock after purchasing an additional 5,434 shares during the quarter. CIBC Asset Management Inc’s holdings in Walmart were worth $84,538,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of WMT. Revolve Wealth Partners LLC grew its stake in shares of Walmart by 1.0% in the 3rd quarter. Revolve Wealth Partners LLC now owns 9,926 shares of the retailer’s stock worth $1,023,000 after acquiring an additional 96 shares in the last quarter. Atlas Legacy Advisors LLC boosted its holdings in Walmart by 1.1% during the second quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock worth $851,000 after purchasing an additional 98 shares during the last quarter. Meridian Wealth Partners LLC grew its position in Walmart by 2.1% in the 2nd quarter. Meridian Wealth Partners LLC now owns 4,804 shares of the retailer’s stock worth $470,000 after purchasing an additional 99 shares in the last quarter. Hemington Wealth Management increased its stake in Walmart by 1.8% in the 3rd quarter. Hemington Wealth Management now owns 5,695 shares of the retailer’s stock valued at $586,000 after buying an additional 99 shares during the last quarter. Finally, Boomfish Wealth Group LLC lifted its position in shares of Walmart by 2.7% during the 3rd quarter. Boomfish Wealth Group LLC now owns 3,701 shares of the retailer’s stock worth $381,000 after buying an additional 99 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart News Roundup

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Tigress Financial raised its price target on WMT from $130 to $135 and kept a “buy” rating, implying roughly a mid-teens upside vs. current levels — a catalyst that can attract momentum and fund flows. Tigress price target raise
• Neutral Sentiment: Coverage pieces from Zacks highlight WMT as a growth/retail pick and promote using their Earnings ESP tool to find potential upside ahead of quarters — these pieces can bolster investor interest but are promotional rather than firm-moving. Zacks Earnings ESP article
• Neutral Sentiment: Another Zacks piece profiles Walmart as a “strong growth stock” using its style scores — supportive for longer-term investor narratives but unlikely to move the stock materially on its own. Zacks growth profile
• Neutral Sentiment: A Yahoo video piece outlines three priorities for Walmart’s CEO to maintain momentum — useful context on management focus that may shape execution expectations but not an immediate market mover. Yahoo CEO priorities video
• Negative Sentiment: CEO C. Douglas McMillon sold 19,416 shares for about $2.31M (reported 1/22). The sale reduced his stake by ~0.45% — a modest ownership decline but an optics negative that can weigh on sentiment when combined with near-term weakness. SEC Form 4: McMillon sale
• Negative Sentiment: Market reports note recent short-term share weakness (a daily slide reported on 1/22). That intraday/short-term weakness can amplify selling even as fundamentals remain intact. Zacks: stock slides

Walmart Price Performance

NASDAQ:WMT opened at $117.73 on Friday. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $121.62. The stock has a fifty day moving average of $113.07 and a 200 day moving average of $105.26. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.24 and a current ratio of 0.80. The firm has a market capitalization of $938.33 billion, a price-to-earnings ratio of 41.16, a P/E/G ratio of 5.02 and a beta of 0.66.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. The firm had revenue of $179.50 billion for the quarter, compared to analyst estimates of $175.15 billion. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, research analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on WMT. BTIG Research reaffirmed a “buy” rating and set a $125.00 target price on shares of Walmart in a research report on Wednesday, January 14th. KeyCorp restated an “overweight” rating and set a $128.00 price objective on shares of Walmart in a report on Wednesday, January 7th. Deutsche Bank Aktiengesellschaft lowered shares of Walmart from a “buy” rating to a “hold” rating and set a $119.00 price objective on the stock. in a research report on Thursday, January 8th. Piper Sandler reissued an “overweight” rating and set a $123.00 target price (up from $111.00) on shares of Walmart in a research report on Friday, November 21st. Finally, DA Davidson set a $130.00 price target on shares of Walmart and gave the stock a “buy” rating in a report on Friday, November 21st. Thirty-two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $123.20.

Insiders Place Their Bets

In other news, EVP Daniel Danker sold 4,365 shares of the business’s stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $120.19, for a total value of $524,629.35. Following the completion of the sale, the executive vice president owned 238,583 shares of the company’s stock, valued at approximately $28,675,290.77. The trade was a 1.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Donna Morris sold 9,384 shares of the firm’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $120.19, for a total transaction of $1,127,862.96. Following the completion of the transaction, the executive vice president owned 536,312 shares in the company, valued at $64,459,339.28. This represents a 1.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 135,215 shares of company stock valued at $15,304,608 over the last three months. 0.10% of the stock is currently 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.