Procyon Advisors LLC Has $2.88 Million Stake in Walmart Inc. $WMT

Procyon Advisors LLC increased its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 19.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,870 shares of the retailer’s stock after acquiring an additional 4,273 shares during the quarter. Procyon Advisors LLC’s holdings in Walmart were worth $2,882,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Revolve Wealth Partners LLC boosted its position in Walmart by 1.0% during the third quarter. Revolve Wealth Partners LLC now owns 9,926 shares of the retailer’s stock worth $1,023,000 after purchasing an additional 96 shares during the period. Meridian Wealth Partners LLC increased its holdings in shares of Walmart by 2.1% in the second quarter. Meridian Wealth Partners LLC now owns 4,804 shares of the retailer’s stock valued at $470,000 after purchasing an additional 99 shares during the last quarter. Hemington Wealth Management raised its position in shares of Walmart by 1.8% in the third quarter. Hemington Wealth Management now owns 5,695 shares of the retailer’s stock valued at $586,000 after purchasing an additional 99 shares during the period. Boomfish Wealth Group LLC raised its position in shares of Walmart by 2.7% in the third quarter. Boomfish Wealth Group LLC now owns 3,701 shares of the retailer’s stock valued at $381,000 after purchasing an additional 99 shares during the period. Finally, Bailard Inc. lifted its stake in shares of Walmart by 0.3% during the 3rd quarter. Bailard Inc. now owns 29,445 shares of the retailer’s stock worth $3,035,000 after buying an additional 99 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on WMT. Rothschild & Co Redburn set a $150.00 target price on shares of Walmart in a report on Tuesday, February 17th. Craig Hallum set a $150.00 price target on shares of Walmart in a report on Friday, March 6th. Morgan Stanley restated an “overweight” rating and set a $135.00 price objective (up from $125.00) on shares of Walmart in a research report on Thursday, January 15th. Argus upgraded Walmart to a “strong-buy” rating in a report on Wednesday, February 18th. Finally, Royal Bank Of Canada set a $145.00 target price on Walmart in a research report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Walmart presently has a consensus rating of “Moderate Buy” and an average price target of $135.76.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Growing AI narrative and modest analyst upside: coverage notes that Walmart’s AI investments (supply-chain, store ops) are reshaping its growth story and one valuation model nudged fair value slightly higher to ~$136, supporting longer-term upside. This bolsters bullish investor interest in WMT as a tech-enabled retailer. How Walmart (WMT) Is Rewriting Its Story With AI Hype And Valuation Questions
• Positive Sentiment: Analyst/technical support for defensive retail: coverage from Barron’s highlights Walmart alongside other defensive retail names on both technical and fundamental grounds, which can attract risk-off flows and relative-strength buyers in uncertain markets. Walmart, Ross Stores, and Other ‘Defensive’ Retail Stocks
• Positive Sentiment: Market narrative that Walmart is an AI play: features arguing Walmart (and Target) are meaningful AI plays could lift investor conviction around margin improvement and efficiency gains over time. Forget Chipmakers: Walmart and Target Are the Real AI Plays
• Neutral Sentiment: Higher-than-usual call buying: intraday activity showed a ~42% increase in call option volume, which signals bullish positioning but could be speculative or short-term. Watch whether this leads to sustained buying or just short-term gamma flow.
• Neutral Sentiment: CEO transition focus: commentary on managing and positioning around CEO transitions notes both risk and opportunity — transitions can create volatility but also potential strategic shifts. Investors should watch messaging and execution from leadership. How to Play 3 Major CEO Transitions in Early 2026 (WMT)
• Negative Sentiment: Insider selling by CEO: CEO John R. Furner sold 13,125 shares (~1.87% reduction in his position) in a disclosed SEC filing — insider sales can be interpreted negatively by some investors even if part of routine diversification. Insider Sale SEC Filing

Insiders Place Their Bets

In related news, EVP John D. Rainey sold 20,000 shares of the stock in a transaction that occurred on 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 sale, the executive vice president owned 486,764 shares of the company’s stock, valued at $62,203,571.56. This represents a 3.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Christopher James Nicholas sold 34,082 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $122.00, for a total value of $4,158,004.00. Following the transaction, the executive vice president owned 533,466 shares in the company, valued at approximately $65,082,852. This trade represents a 6.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 274,278 shares of company stock valued at $33,605,809 in the last quarter. Company insiders own 0.10% of the company’s stock.

Walmart Trading Down 1.7%

WMT stock opened at $119.02 on Monday. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $134.69. The company has a market capitalization of $948.88 billion, a PE ratio of 43.44, a price-to-earnings-growth ratio of 4.43 and a beta of 0.66. The company’s 50-day simple moving average is $124.08 and its 200 day simple moving average is $112.95. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.24 and a current ratio of 0.79.

Walmart (NASDAQ:WMT) last issued its quarterly earnings data on Thursday, February 19th. The retailer reported $0.74 earnings per share for the quarter, topping 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 revenue was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $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. As a group, sell-side analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Announces Dividend

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

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.