12 Best Fortune 500 Stocks To Buy According to Hedge Funds

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8. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Holders: 115

Walmart Inc. (NYSE:WMT) engages in retail and wholesale business, offering an assortment of merchandise and services at everyday low prices. The company operates more than 10,750 stores and clubs in 19 countries and eCommerce websites. As of the end of FY2024, Walmart employed approximately 2.1 million associates worldwide, with approximately 1.6 million associates only in the US.

Walmart Inc. (NYSE:WMT) reported a revenue growth of 4.1% to $180.6 billion in Q4 2025, up 5.3% on a constant currency basis. The company’s operating income was also up 8.3% due to higher gross margins, growth in membership income, and improved economics in eCommerce. The retailer generated an overall operating cash flow of $36.4 billion for FY 2025 and ended the year with $9 billion in cash and cash equivalents. Walmart repurchased $4.5 billion worth of shares in FY 2025 and raised its quarterly dividend by 13% to $0.235 per share, the largest increase in over a decade.

Walmart Inc. (NYSE:WMT) also completed the acquisition of Vizio, a popular low-cost television manufacturer, in December 2024  for $2.3 billion. The strategic move will allow the retailing giant to expand its advertising business, which grew 27% to about $4.4 billion in FY 2025, including a 24% increase in Walmart Connect.

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