Bank of Montreal Can Has $1.05 Billion Stake in Walmart Inc. $WMT

Bank of Montreal Can lessened its position in shares of Walmart Inc. (NYSE:WMT) by 5.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,737,149 shares of the retailer’s stock after selling 587,362 shares during the period. Bank of Montreal Can’s holdings in Walmart were worth $1,049,878,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC raised its position in Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after purchasing an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC raised its position in Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after purchasing an additional 485 shares in the last quarter. Whelan Financial raised its position in Walmart by 17.7% during the first quarter. Whelan Financial now owns 5,107 shares of the retailer’s stock valued at $448,000 after purchasing an additional 768 shares in the last quarter. Vickerman Investment Advisors Inc. raised its position in Walmart by 2.4% during the first quarter. Vickerman Investment Advisors Inc. now owns 44,449 shares of the retailer’s stock valued at $3,902,000 after purchasing an additional 1,026 shares in the last quarter. Finally, One Day In July LLC raised its position in Walmart by 10.2% during the first quarter. One Day In July LLC now owns 7,622 shares of the retailer’s stock valued at $669,000 after purchasing an additional 708 shares in the last quarter. 26.76% of the stock is owned by institutional investors.

Walmart Stock Performance

NYSE WMT opened at $101.25 on Monday. The company has a market capitalization of $807.23 billion, a price-to-earnings ratio of 38.06, a PEG ratio of 4.83 and a beta of 0.67. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $109.57. The stock has a fifty day simple moving average of $102.46 and a 200 day simple moving average of $99.21. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The company had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the company 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. Sell-side analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Analyst Ratings Changes

Several research analysts have commented on the stock. Erste Group Bank upgraded shares of Walmart from a “hold” rating to a “buy” rating in a research report on Tuesday, August 5th. DA Davidson set a $117.00 price target on shares of Walmart in a report on Wednesday, October 15th. Truist Financial lowered their price target on shares of Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a report on Friday, August 22nd. Piper Sandler reiterated an “overweight” rating and set a $111.00 price target on shares of Walmart in a report on Wednesday, September 24th. Finally, Bank of America upped their price target on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Thirty-one equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $113.40.

Insiders Place Their Bets

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction on Thursday, October 23rd. The stock was sold at an average price of $107.18, for a total value of $2,081,006.88. Following the completion of the sale, the chief executive officer directly owned 4,354,162 shares in the company, valued at $466,679,083.16. This represents a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Daniel J. Bartlett sold 1,550 shares of the company’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $107.46, for a total transaction of $166,563.00. Following the sale, the executive vice president directly owned 644,418 shares in the company, valued at $69,249,158.28. This trade represents a 0.24% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 148,838 shares of company stock valued at $15,309,020 over the last ninety days. 0.10% of the stock is currently owned by corporate insiders.

About Walmart

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.