Neutral
Empowered Funds LLC increases Walmart stake by 14.9% to 410,005 shares
Empowered Funds LLC has raised its investment in Walmart Inc. by 14.9%, now holding 410,005 shares valued at approximately $50.96 million. This move reflects continued institutional confidence in Walmart's performance.
Key points
- Empowered Funds LLC boosts Walmart stake by 14.9% to 410,005 shares.
- Analyst sentiment remains positive with a "Moderate Buy" consensus rating and an average price target of $138.85.
- Walmart's recent Q1 earnings report showed revenue growth of 7.4% year-over-year to $177.75 billion.
Sources
AI-generated from public news sources. Not financial advice.
