Walmart Inc. $WMT Stock Position Raised by Nordea Investment Management AB

Nordea Investment Management AB lifted its holdings in Walmart Inc. (NYSE:WMT) by 1.0% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 2,460,416 shares of the retailer’s stock after acquiring an additional 25,222 shares during the quarter. Nordea Investment Management AB’s holdings in Walmart were worth $237,381,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Empirical Asset Management LLC boosted its position in shares of Walmart by 0.6% in the second quarter. Empirical Asset Management LLC now owns 20,472 shares of the retailer’s stock worth $2,002,000 after buying an additional 131 shares during the period. Consilio Wealth Advisors LLC boosted its position in shares of Walmart by 13.7% in the second quarter. Consilio Wealth Advisors LLC now owns 5,419 shares of the retailer’s stock worth $527,000 after buying an additional 655 shares during the period. Harbor Asset Planning Inc. acquired a new stake in shares of Walmart in the second quarter worth $46,000. Werba Rubin Papier Wealth Management boosted its position in shares of Walmart by 36.1% in the second quarter. Werba Rubin Papier Wealth Management now owns 4,347 shares of the retailer’s stock worth $425,000 after buying an additional 1,152 shares during the period. Finally, Evernest Financial Advisors LLC boosted its position in shares of Walmart by 7.0% in the second quarter. Evernest Financial Advisors LLC now owns 18,594 shares of the retailer’s stock worth $1,818,000 after buying an additional 1,221 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Price Performance

NYSE WMT opened at $107.80 on Friday. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $109.57. The stock’s 50-day moving average is $101.69 and its two-hundred day moving average is $97.86. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The firm has a market cap of $859.50 billion, a P/E ratio of 40.53, a price-to-earnings-growth ratio of 5.02 and a beta of 0.67.

Walmart (NYSE:WMT) last posted its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). The company had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. Walmart’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the business earned $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently commented on WMT shares. Evercore ISI reaffirmed an “outperform” rating and issued a $110.00 target price (up previously from $108.00) on shares of Walmart in a research report on Monday, August 18th. Guggenheim reaffirmed a “buy” rating and issued a $115.00 target price (up previously from $112.00) on shares of Walmart in a research report on Monday, August 18th. Piper Sandler reiterated an “overweight” rating and set a $111.00 price objective on shares of Walmart in a report on Wednesday, September 24th. Wolfe Research started coverage on Walmart in a report on Thursday, September 18th. They set an “outperform” rating and a $129.00 price objective for the company. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. Thirty-one equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $112.63.

Insiders Place Their Bets

In other news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $98.55, for a total value of $1,293,468.75. Following the transaction, the executive vice president directly owned 919,189 shares in the company, valued at approximately $90,586,075.95. The trade was a 1.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction dated Thursday, July 24th. The stock was sold at an average price of $95.58, for a total value of $1,855,781.28. Following the sale, the chief executive officer directly owned 4,412,398 shares in the company, valued at approximately $421,737,000.84. This trade represents a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 151,038 shares of company stock valued at $15,249,614. Company insiders own 0.10% of the company’s stock.

Walmart Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.