Walmart Inc. $WMT Shares Sold by Hartford Funds Management Co LLC

Hartford Funds Management Co LLC lowered its stake in Walmart Inc. (NYSE:WMT) by 96.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 419 shares of the retailer’s stock after selling 12,391 shares during the period. Hartford Funds Management Co LLC’s holdings in Walmart were worth $41,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in WMT. Vanguard Group Inc. boosted its stake in Walmart by 0.8% in the first quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer’s stock valued at $37,395,120,000 after acquiring an additional 3,224,154 shares in the last quarter. Kingstone Capital Partners Texas LLC boosted its stake in shares of Walmart by 397,264.9% during the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock worth $10,496,702,000 after buying an additional 104,488,610 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of Walmart by 30.1% during the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock worth $2,922,770,000 after buying an additional 7,706,201 shares during the last quarter. Ameriprise Financial Inc. increased its position in Walmart by 1.3% in the 1st quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer’s stock valued at $2,710,665,000 after acquiring an additional 387,424 shares during the period. Finally, Invesco Ltd. raised its stake in Walmart by 2.9% during the 1st quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer’s stock valued at $2,562,427,000 after acquiring an additional 823,020 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have commented on WMT. Evercore ISI restated an “outperform” rating and set a $111.00 price objective (up previously from $110.00) on shares of Walmart in a research report on Tuesday, October 21st. Wolfe Research started coverage on shares of Walmart in a research note on Thursday, September 18th. They set an “outperform” rating and a $129.00 price target on the stock. Royal Bank Of Canada set a $116.00 price objective on shares of Walmart and gave the company an “outperform” rating in a research report on Wednesday, October 29th. UBS Group reiterated a “buy” rating and set a $122.00 target price (up previously from $110.00) on shares of Walmart in a research report on Thursday, October 23rd. Finally, Truist Financial cut their target price on Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a research note on Friday, August 22nd. Thirty-one investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $113.40.

Insider Buying and Selling at Walmart

In related news, EVP John D. Rainey sold 2,200 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $101.18, for a total value of $222,596.00. Following the completion of the transaction, the executive vice president owned 619,518 shares of the company’s stock, valued at approximately $62,682,831.24. This trade represents a 0.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,550 shares of Walmart 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 of the company’s stock, valued at $69,249,158.28. This trade represents a 0.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 151,038 shares of company stock valued at $15,531,616 over the last 90 days. 0.10% of the stock is owned by insiders.

Walmart Stock Up 0.9%

Shares of Walmart stock opened at $102.60 on Monday. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $109.57. The company has a fifty day moving average price of $103.02 and a 200 day moving average price of $99.49. The stock has a market cap of $818.01 billion, a price-to-earnings ratio of 38.57, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67.

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

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.