State of New Jersey Common Pension Fund D Acquires 52,119 Shares of Walmart Inc. $WMT

State of New Jersey Common Pension Fund D boosted its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 3.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,546,632 shares of the retailer’s stock after purchasing an additional 52,119 shares during the quarter. Walmart comprises 0.6% of State of New Jersey Common Pension Fund D’s portfolio, making the stock its 22nd biggest holding. State of New Jersey Common Pension Fund D’s holdings in Walmart were worth $159,396,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Collier Financial bought a new stake in shares of Walmart during the third quarter valued at approximately $25,000. Access Investment Management LLC purchased a new position in Walmart during the second quarter valued at $26,000. Your Advocates Ltd. LLP bought a new stake in Walmart in the 3rd quarter valued at $28,000. Roble Belko & Company Inc lifted its stake in Walmart by 212.6% in the 3rd quarter. Roble Belko & Company Inc now owns 322 shares of the retailer’s stock worth $33,000 after purchasing an additional 219 shares in the last quarter. Finally, Manning & Napier Advisors LLC bought a new position in shares of Walmart during the 3rd quarter valued at about $39,000. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Trading Up 0.2%

Shares of NASDAQ WMT opened at $133.89 on Friday. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $134.65. The firm has a market cap of $1.07 trillion, a PE ratio of 46.81, a price-to-earnings-growth ratio of 5.12 and a beta of 0.65. The business has a fifty day simple moving average of $118.11 and a two-hundred day simple moving average of $108.32. The company has a quick ratio of 0.24, a current ratio of 0.80 and a debt-to-equity ratio of 0.39.

Walmart (NASDAQ:WMT) last announced its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, beating the consensus estimate of $0.60 by $0.02. The firm had revenue of $179.50 billion for the quarter, compared to analyst estimates of $175.15 billion. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The business’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently issued reports on WMT. Citigroup reaffirmed a “buy” rating and issued a $147.00 target price (up from $120.00) on shares of Walmart in a report on Thursday, February 5th. JPMorgan Chase & Co. lifted their price objective on Walmart from $128.00 to $129.00 and gave the stock an “overweight” rating in a research note on Friday, November 21st. Oppenheimer reiterated an “outperform” rating and set a $140.00 target price (up from $125.00) on shares of Walmart in a research report on Monday, February 9th. Jefferies Financial Group restated a “buy” rating and issued a $132.00 price target on shares of Walmart in a research report on Tuesday, February 3rd. Finally, Telsey Advisory Group restated an “outperform” rating and set a $135.00 price objective on shares of Walmart in a research report on Thursday. Thirty-two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $127.74.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Oppenheimer raised its price target to $140 and kept an Outperform stance, citing a solid Q4 outlook — this helped underpin investor optimism. Oppenheimer price target increased
• Positive Sentiment: Coverage-driven buying: reports noted WMT trading higher after analyst upgrades, which can attract short-term flows ahead of earnings. Walmart trading higher after upgrade
• Positive Sentiment: Telsey Advisory reaffirmed an Outperform and set a $135 target, reinforcing the buy-side narrative that execution improvements (esp. e‑commerce/AI) justify support. Telsey reaffirmation
• Neutral Sentiment: Analyst projections and previews (Zacks) suggest key metrics point to a likely beat on some lines, but they highlight modest growth — expectations are elevated going into Q4. Zacks analyst projections
• Neutral Sentiment: Walmart will host its Q4 earnings call on Feb. 19 — this event is the immediate catalyst for volatility as investors weigh AI-driven margin commentary against guidance. Earnings call announcement
• Neutral Sentiment: PRIMECAP trimmed its stake slightly — notable as an institutional action but not large enough to indicate a major shift in ownership stance. PRIMECAP trims stake
• Neutral Sentiment: Market commentary (Reuters) frames Walmart amid broader AI-driven volatility — investors are watchful for any guidance or AI-related execution risks discussed on the call. Wall St week ahead
• Negative Sentiment: A Seeking Alpha piece downgraded WMT, arguing the stock trades at a rich ~50x blended P/E despite execution gains from AI — valuation concerns could cap upside if growth disappoints. Seeking Alpha downgrade
• Negative Sentiment: Estée Lauder filed suit alleging counterfeit products sold via Walmart’s marketplace — potential reputational, legal, and marketplace-control implications that investors will watch closely. Estée Lauder sues Walmart

Insider Buying and Selling at Walmart

In other news, EVP John D. Rainey sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $122.27, for a total value of $2,445,400.00. Following the completion of the sale, the executive vice president owned 506,764 shares of the company’s stock, valued at approximately $61,962,034.28. This represents a 3.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $104.75, for a total transaction of $1,374,843.75. Following the transaction, the executive vice president directly owned 879,815 shares in the company, valued at approximately $92,160,621.25. The trade was a 1.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 229,196 shares of company stock worth $26,957,858. 0.10% of the stock is currently owned by company insiders.

Walmart Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.