Walmart Inc. $WMT Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC lifted its position in Walmart Inc. (NYSE:WMT) by 0.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 94,557,532 shares of the retailer’s stock after acquiring an additional 263,718 shares during the period. Walmart accounts for 0.6% of Geode Capital Management LLC’s holdings, making the stock its 20th largest position. Geode Capital Management LLC owned about 1.18% of Walmart worth $9,199,712,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in WMT. Aviva PLC boosted its stake in Walmart by 16.4% during the second quarter. Aviva PLC now owns 3,833,720 shares of the retailer’s stock worth $374,861,000 after buying an additional 539,504 shares during the last quarter. Weatherly Asset Management L. P. increased its stake in shares of Walmart by 7.0% in the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock worth $5,489,000 after acquiring an additional 3,696 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management raised its holdings in shares of Walmart by 34.6% during the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock worth $3,355,000 after acquiring an additional 9,831 shares during the period. Ally Financial Inc. acquired a new position in shares of Walmart during the 1st quarter valued at about $2,107,000. Finally, Night Squared LP purchased a new stake in shares of Walmart in the first quarter valued at about $1,052,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Stock Up 1.0%

Shares of WMT opened at $103.43 on Wednesday. The company’s 50-day simple moving average is $103.25 and its 200-day simple moving average is $99.60. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $109.57. The stock has a market capitalization of $824.63 billion, a PE ratio of 38.88, a P/E/G ratio of 4.83 and a beta of 0.67.

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

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on WMT shares. Mizuho reiterated an “outperform” rating and issued a $115.00 target price on shares of Walmart in a report on Wednesday, August 13th. UBS Group reiterated a “buy” rating and issued a $122.00 price objective (up from $110.00) on shares of Walmart in a report on Thursday, October 23rd. Wolfe Research began coverage on Walmart in a research report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price objective for the company. Bank of America lifted their target price on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 17th. Finally, Tigress Financial increased their price target on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 3rd. Thirty-two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $113.43.

Insider Buying and Selling

In related news, EVP Daniel J. Bartlett sold 1,550 shares of Walmart stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $107.46, for a total value of $166,563.00. Following the completion of the transaction, the executive vice president owned 644,418 shares in the company, valued at $69,249,158.28. The trade was a 0.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction that occurred on Thursday, October 23rd. The stock was sold at an average price of $107.18, for a total transaction of $2,081,006.88. Following the transaction, the chief executive officer owned 4,354,162 shares of the company’s stock, valued at $466,679,083.16. This trade represents a 0.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 151,038 shares of company stock worth $15,531,616 over the last ninety days. 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.