Neutral
Equitable Holdings Inc. acquires 363,775 Walmart shares, valued at $41.2 million
Equitable Holdings Inc. has purchased 363,775 shares of Walmart Inc. (NASDAQ: WMT), valued at approximately $41.2 million, indicating continued institutional interest in the retailer. This acquisition follows other recent investments by institutional investors, reflecting confidence in Walmart's financial performance and strategic direction.
Key points
- Equitable Holdings Inc. acquires 363,775 Walmart shares, valued at $41.2 million
- Institutional investors collectively own 26.76% of Walmart stock
- Analysts maintain a 'Moderate Buy' consensus rating for Walmart
- Walmart reported $187.94 billion in revenue, up 5.9% year-over-year
Sources
- Equitable Holdings Inc. Buys Shares of 363,775 Walmart Inc. $WMTMarketBeat · August 31, 2026
- Equitable Holdings Inc. Buys Shares of 363,775 Walmart Inc. $WMTMarketBeat · August 31, 2026
- Equitable Holdings Inc. Buys Shares of 363,775 Walmart Inc. $WMTMarketBeat · August 31, 2026
- Equitable Holdings Inc. Buys Shares of 363,775 Walmart Inc. $WMTMarketBeat · August 31, 2026
AI-generated from public news sources. Not financial advice.
