5 Best Hair Care Stocks To Buy Now

2. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Holders: 68

Walmart Inc. (NYSE:WMT), a prominent American retail giant headquartered in Bentonville, Arkansas, is renowned for its expansive network of hypermarkets, discount department stores, and strategically positioned grocery outlets across the United States. The company offers a diverse range of beauty products both online and in-store, including various hair care brands.

With an impressive track record of dividend increases spanning five decades, Walmart Inc. (NYSE:WMT) has maintained a remarkable streak for 50 years. As of February 2, the company offers a quarterly dividend of $0.57 per share, resulting in a dividend yield of 1.34%.

In the third quarter of 2023, Walmart Inc. (NYSE:WMT) garnered significant attention from hedge funds, with 80 hedge funds establishing positions in the company, according to Insider Monkey’s database. The collective holdings of these hedge funds were valued at over $5.94 billion. Notably, Ken Fisher’s Fisher Asset Management emerged as the largest shareholder, boasting holdings valued at approximately $1.45 billion.