Field & Main Bank Buys $12M Worth of Walmart Shares

Field & Main Bank acquired 106,407 shares of Walmart Inc. (NASDAQ: WMT) in its most recent Form 13F filing with the SEC. The investment is valued at approximately $12,052,000.

This purchase makes Walmart one of Field & Main Bank's largest holdings, accounting for about 1.9% of their investment portfolio. Other institutional investors have also increased their stakes in Walmart, including State Street Corp and Geode Capital Management LLC.

Walmart has been a topic of discussion among analysts, with some upgrading the stock from 'hold' to 'strong-buy'. However, others have cut their fiscal 2027 EPS estimates, signaling slower earnings growth or increased cost pressure. The company's recent earnings-related share-price weakness also indicates that investors remain sensitive to its premium valuation.

Walmart has set its Q3 2027 guidance at $0.620-$0.640 EPS and its FY 2027 guidance at $2.800-$2.870 EPS, with analysts anticipating $2.87 earnings per share for the current year.