First Horizon Corp Trims Holdings in Walmart Inc. $WMT

First Horizon Corp lowered its stake in shares of Walmart Inc. (NASDAQ:WMT) by 4.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 162,051 shares of the retailer’s stock after selling 7,555 shares during the period. First Horizon Corp’s holdings in Walmart were worth $18,054,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Collier Financial acquired a new position in shares of Walmart during the 3rd quarter valued at about $25,000. Your Advocates Ltd. LLP acquired a new stake in Walmart during the third quarter worth about $28,000. Beacon Financial Strategies CORP acquired a new stake in Walmart during the fourth quarter worth about $30,000. Redmont Wealth Advisors LLC purchased a new position in Walmart during the third quarter worth about $30,000. Finally, Clayton Financial Group LLC boosted its holdings in Walmart by 193.0% in the 4th quarter. Clayton Financial Group LLC now owns 293 shares of the retailer’s stock valued at $33,000 after purchasing an additional 193 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Stock Performance

NASDAQ:WMT opened at $127.92 on Tuesday. Walmart Inc. has a fifty-two week low of $91.34 and a fifty-two week high of $134.69. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.24 and a current ratio of 0.79. The company has a 50 day moving average price of $125.62 and a 200 day moving average price of $116.24. The stock has a market capitalization of $1.02 trillion, a P/E ratio of 46.69, a PEG ratio of 4.75 and a beta of 0.66.

Walmart (NASDAQ:WMT) last announced its earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.73 by $0.01. Walmart had a return on equity of 21.44% and a net margin of 3.07%.The company had revenue of $190.66 billion for the quarter, compared to analyst estimates of $188.37 billion. During the same quarter in the previous year, the company earned $0.66 earnings per share. The firm’s quarterly revenue was up 5.6% compared to the same quarter last year. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. Equities research analysts forecast that Walmart Inc. will post 2.89 EPS for the current year.

Walmart Announces Dividend

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

Insider Activity

In related news, EVP John D. Rainey sold 20,000 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $127.79, for a total transaction of $2,555,800.00. Following the completion of the transaction, the executive vice president directly owned 486,764 shares in the company, valued at $62,203,571.56. This trade represents a 3.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Donna Morris sold 76,181 shares of Walmart stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $123.79, for a total value of $9,430,445.99. Following the completion of the transaction, the executive vice president directly owned 402,072 shares of the company’s stock, valued at approximately $49,772,492.88. This represents a 15.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 263,376 shares of company stock worth $32,598,466 in the last quarter. Insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on WMT shares. Bank of America initiated coverage on shares of Walmart in a research note on Friday, February 27th. They issued a “buy” rating and a $150.00 price target for the company. TD Cowen reiterated a “buy” rating and issued a $145.00 price objective (up from $136.00) on shares of Walmart in a report on Friday, February 20th. Evercore reiterated an “outperform” rating and issued a $130.00 price objective (up from $125.00) on shares of Walmart in a research report on Tuesday, February 3rd. Tigress Financial set a $150.00 target price on Walmart and gave the company a “buy” rating in a research report on Wednesday, February 25th. Finally, UBS Group reaffirmed a “buy” rating and issued a $147.00 price target (up from $135.00) on shares of Walmart in a research note on Friday, February 20th. Two research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $137.64.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart is increasingly positioning itself as the faster option for daily essentials vs. Amazon, leveraging store footprint and pickup/delivery speed — a competitive edge that supports higher e‑commerce volumes and margins. Walmart is racing to become Amazon before Amazon can become Walmart
• Positive Sentiment: Walmart is testing use of store back rooms as staging warehouses for same‑day and marketplace deliveries — a low‑capex way to dramatically speed fulfillment and reduce shipping costs versus building dedicated dark stores. Walmart Eyes Stores as Warehouse Space for Same-Day Delivery
• Positive Sentiment: Management plans >650 U.S. remodels and ~20 new stores through early 2027, adding pickup, delivery and digital tools to drive omnichannel sales and improve conversion. This investment cadence supports sustained comps and higher online attach rates. Walmart Expands and Modernizes Stores to Support Omnichannel Growth
• Positive Sentiment: Analysts and coverage note Walmart’s growing tech/AI, advertising and connected‑TV initiatives as new profit engines; modestly higher fair‑value estimates reflect incremental upside if these scale. That narrative can support multiple expansion over time. How Walmart (WMT) Is Rewriting Its Story With AI Retail And New Profit Engines
• Neutral Sentiment: Regulatory/industry note — a Supreme Court ruling enables importers to seek tariff refunds; implications for Walmart are unclear (could mean refunds or industry uncertainty). The same Seeking Alpha piece also mentions Walmart’s back‑room pilot. Wall Street Breakfast Podcast: Tariff Refund Rush Begins
• Negative Sentiment: Insider selling: an EVP sold ~$361.7K of stock and another filing shows Daniel Bartlett sold 1,335 shares. While not large relative to Walmart’s market cap, insiders selling can trigger short‑term concern among some investors. Insider Selling: Walmart (NASDAQ:WMT) EVP Sells $361,688.00 in Stock Daniel Bartlett Sells 1,335 Shares of Walmart (NASDAQ:WMT) Stock

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.