Retirement Stock Portfolio: 5 Low Risk Investments

3. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Holders: 81

Dividend Yield as of 12/10: 1.44%

Beta Value: 0.54

Walmart Inc. (NYSE:WMT) stands as a prominent American retail giant, boasting an extensive network of hypermarkets, discount department stores, and grocery outlets strategically located throughout the United States. The company is headquartered in Bentonville, Arkansas. With an exceptional track record, this multinational retail corporation has consistently increased its dividends over an impressive 50-year period, presently offering a quarterly dividend of $0.57 per share.

On August 17, Walmart Inc. (NYSE:WMT) released its Q2 non-GAAP EPS, revealing a figure of $1.84, surpassing Wall Street estimates by $0.13. Additionally, the company’s Q2 revenue amounted to $161.63 billion, reflecting a notable 5.9% year-on-year increase and exceeding market expectations by $2.35 billion.

In Q2 2023, Walmart Inc. (NYSE:WMT) garnered significant interest from hedge funds, with 81 hedge funds holding positions in the company, as indicated by Insider Monkey’s database. The collective stakes held by these hedge funds were valued at over $5.46 billion. Notably, investment firm D. E. Shaw emerged as the largest shareholder, boasting stakes worth approximately $861.9 million.