Cornerstone Wealth Management LLC Buys 5,067 Shares of Walmart Inc. $WMT

Cornerstone Wealth Management LLC increased its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 2.8% during the fourth quarter, Holdings Channel reports. The fund owned 183,234 shares of the retailer’s stock after purchasing an additional 5,067 shares during the period. Walmart makes up about 1.1% of Cornerstone Wealth Management LLC’s portfolio, making the stock its 13th biggest position. Cornerstone Wealth Management LLC’s holdings in Walmart were worth $20,414,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of WMT. Collier Financial bought a new stake in Walmart during the 3rd quarter worth approximately $25,000. Your Advocates Ltd. LLP bought a new stake in Walmart during the 3rd quarter worth approximately $28,000. Redmont Wealth Advisors LLC bought a new stake in Walmart during the 3rd quarter worth approximately $30,000. Beacon Financial Strategies CORP bought a new stake in Walmart during the 4th quarter worth approximately $30,000. Finally, Bay Harbor Wealth Management LLC grew its position in Walmart by 57.4% during the 4th quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock worth $32,000 after acquiring an additional 105 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: UBS and other analysts expect Walmart to post a strong Q1, with sales growth and profit trends likely supporting another earnings beat. Walmart to Post Strong Q1, Extending Retail Lead on Sales Growth, UBS Says
• Positive Sentiment: Walmart’s earnings history and current setup suggest it could exceed expectations again, which is supporting bullish sentiment into the report. Walmart (WMT) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Positive Sentiment: Walmart continues to attract bullish technical and style-score commentary, with multiple outlets calling it a long-term momentum name. Why Walmart (WMT) is a Top Momentum Stock for the Long-Term
• Positive Sentiment: Reports that grocery and restaurant prices are rising may support Walmart’s value proposition and traffic, since consumers often trade down to lower-cost retailers during inflationary periods. Grocery and Restaurant Prices Post Biggest Jump Since 2022
• Neutral Sentiment: Walmart is cutting or relocating about 1,000 corporate jobs as part of a broader restructuring and tech-focused operating simplification. The move could improve efficiency over time, but it also signals ongoing internal change. Walmart cutting or relocating about 1,000 corporate jobs
• Neutral Sentiment: Several recent articles highlighted continued restructuring and AI/technology investment, which may help long-term competitiveness but does not change the near-term earnings outlook by itself. Walmart Cuts Hundreds Of Corporate Jobs As AI-Driven Efficiency Push Accelerates: Report

Walmart Stock Up 0.8%

NASDAQ:WMT opened at $132.46 on Friday. The stock’s fifty day moving average price is $126.30 and its two-hundred day moving average price is $119.06. Walmart Inc. has a 52-week low of $91.89 and a 52-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 market cap of $1.06 trillion, a price-to-earnings ratio of 48.34, a P/E/G ratio of 4.89 and a beta of 0.65.

Walmart (NASDAQ:WMT) last posted its quarterly earnings data on Thursday, February 19th. The retailer reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.01. Walmart had a return on equity of 21.44% and a net margin of 3.07%.The firm had revenue of $190.66 billion for the quarter, compared to the consensus estimate of $188.37 billion. During the same quarter in the prior year, the business earned $0.66 EPS. The business’s revenue for the quarter 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. On average, analysts anticipate that Walmart Inc. will post 2.89 EPS for the current year.

Walmart Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Friday, December 11th will be paid a $0.2475 dividend. The ex-dividend date of this dividend is Friday, December 11th. This represents a $0.99 dividend on an annualized basis and a dividend yield of 0.7%. Walmart’s dividend payout ratio is 36.13%.

Analyst Ratings Changes

WMT has been the topic of a number of research analyst reports. Roth Mkm restated a “buy” rating and set a $138.00 price target on shares of Walmart in a research report on Friday, February 20th. KeyCorp restated an “overweight” rating and set a $145.00 price target (up from $128.00) on shares of Walmart in a research report on Friday, February 13th. DA Davidson set a $150.00 price target on Walmart and gave the stock a “buy” rating in a research report on Friday, February 20th. Jefferies Financial Group set a $145.00 price target on Walmart in a research report on Friday, February 20th. Finally, Argus upgraded Walmart to a “strong-buy” rating in a research report on Wednesday, February 18th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Walmart has a consensus rating of “Buy” and a consensus price target of $138.67.

Insider Buying and Selling

In other news, CEO John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $121.96, for a total value of $1,600,725.00. Following the transaction, the chief executive officer owned 687,287 shares of the company’s stock, valued at $83,821,522.52. This represents a 1.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director C Douglas Mcmillon sold 19,416 shares of the stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $126.71, for a total value of $2,460,201.36. Following the completion of the transaction, the director directly owned 4,023,209 shares in the company, valued at approximately $509,780,812.39. This trade represents a 0.48% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 167,195 shares of company stock worth $20,975,804 over the last 90 days. 0.10% of the stock is currently owned by corporate insiders.

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.