Fisher Asset Management Boosts Walmart Stake by 328,229 Shares

Fisher Asset Management LLC, managed by Ken Fisher, recently executed a significant transaction involving Walmart Inc. ((WMT)). The hedge fund increased its position by 328,229 shares.

Recent Updates on Walmart Inc. stock

Walmart (WMT) shares have climbed strongly over the past year, with gains ranging from about 25% to nearly 29%, while recent weeks show mixed but generally positive momentum and trading near $118–$131. Analysts remain firmly bullish with Strong Buy ratings, seeing modest further upside as they highlight Walmart’s premium valuation, Nasdaq relisting boost, expanding e‑commerce flywheel, and AI‑driven digital transformation as key drivers for earnings growth and profitability.

Recent notes from Morgan Stanley’s Simeon Gutman and Tigress Financial’s Ivan Feinseth reiterate Buy ratings with price targets around $135, above current consensus, though Gutman flags limited room for multiple expansion from roughly 43x NTM earnings. Both expect modest upside in upcoming results and view Walmart as a technology‑enabled, defensive “winner‑take‑most” retailer leveraging scale, same‑day delivery, retail media, and advanced AI integrations with platforms like ChatGPT and Gemini to unlock long‑term value creation.

Spark’s Take on WMT Stock

According to Spark, TipRanks’ AI Analyst, WMT is a Outperform.

The score is driven primarily by strong financial performance and a positive earnings outlook (raised guidance and broad-based e-commerce/advertising growth), supported by bullish technical trend signals. The main constraint is valuation, with a high P/E and low dividend yield, and smaller incremental risk from leadership transition execution.

To see Spark’s full report on WMT stock, click here.

More about Walmart Inc.

YTD Price Performance: 15.81%

Average Trading Volume: 30,015,072

Current Market Cap: $1045.5B