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Banque Pictet & Cie SA Purchases 31,836 Shares of Walmart Inc. $WMT
Banque Pictet & Cie SA significantly increased its stake in Walmart Inc. by 92.8% in the fourth quarter, acquiring an additional 31,836 shares, bringing its total holdings to 66,147 shares valued at approximately $7.37 million. This move comes as Walmart reported strong quarterly earnings, beating consensus estimates with $0.74 EPS and $190.66 billion in revenue, and issued optimistic FY2027 guidance. The article also highlights institutional buying trends, recent insider selling activity, and current analyst ratings for WMT stock.