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Dearborn Partners Invests Heavily in Walmart Amid Institutional Buying

Guavy AI Editorial Team
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WMT
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Dearborn Partners LLC has made a new investment in Walmart Inc. (NASDAQ: WMT), acquiring 258,281 shares valued at approximately $32,099,000.

This makes up 1.7% of Dearborn Partners' investment portfolio and is its 16th largest position.

The firm's purchase is not the only notable change in Walmart's ownership; several other institutional investors have also made changes to their positions.

State Street Corp has lifted its stake in Walmart by 1.2% in the third quarter, owning a total of 184,805,978 shares valued at $19,046,104,000.

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