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Home/News Feed/Nordea boosts Walmart stake by 5.5%, signaling confidence amid AI-driven growth and solid earnings.
WMT
$112.78
+$0.25 +0.22%

Nordea boosts Walmart stake by 5.5%, signaling confidence amid AI-driven growth and solid earnings.

Market News
23 Mar 2026
Defense World
View Source
Bullish
pluang ai news

Nordea Investment Management increased its Walmart shares by 5.5% in Q4, holding over 2.5 million shares worth $289 million. Walmart's recent earnings beat estimates with $0.74 EPS and $190.66 billion revenue, driven by AI investments improving operations and growth prospects. Analysts show mixed but generally positive sentiment, highlighting Walmart as a tech-enabled retailer with defensive qualities. The company also announced a quarterly dividend and set FY 2027 EPS guidance between 2.75 and 2.85, indicating steady outlook despite some insider selling.

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