Walmart Stake Boosted as Institutional Investors Increase Holdings
Ameritas Advisory Services LLC has significantly increased its stake in Walmart Inc. (NASDAQ:WMT). According to its most recent Form 13F filing with the Securities and Exchange Commission, the fund raised its stake in Walmart by 78% in the second quarter. The fund owned 140,738 shares of the retailer's stock after acquiring an additional 61,651 shares during the quarter. Ameritas Advisory Services LLC's holdings in Walmart were worth $15,940,000 as of its most recent SEC filing.
This is not the only significant development regarding institutional investors and their stakes in Walmart. Bell & Brown Wealth Advisors LLC acquired a new position in shares of Walmart in the second quarter worth approximately $6,451,000. Additionally, Union Bancaire Privee UBP SA lifted its position in shares of Walmart by 253.3% in the first quarter.
Walmart's recent earnings have been a mixed bag for investors. While the retailer reported beating analysts' estimates with earnings per share of $0.81 and revenue of $187.94 billion, it also faced pressure from elevated grocery costs and concerns over tariffs and margin management. The company has set its Q3 2027 guidance at $0.620-0.640 EPS and its FY 2027 guidance at $2.800-2.870 EPS.