Walmart Inc. $WMT Shares Sold by Tredje AP fonden

Tredje AP fonden reduced its stake in shares of Walmart Inc. (NYSE:WMT) by 11.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,297,297 shares of the retailer’s stock after selling 170,512 shares during the quarter. Walmart accounts for approximately 1.0% of Tredje AP fonden’s portfolio, making the stock its 20th largest holding. Tredje AP fonden’s holdings in Walmart were worth $126,850,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Operose Advisors LLC grew its position in Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after buying an additional 243 shares during the period. PFS Partners LLC boosted its position in Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after acquiring an additional 233 shares during the last quarter. Bear Mountain Capital Inc. boosted its position in Walmart by 98.2% during the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock worth $32,000 after acquiring an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its position in Walmart by 432.4% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after acquiring an additional 294 shares during the last quarter. Finally, Ridgewood Investments LLC boosted its position in Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after acquiring an additional 115 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Walmart

In related news, CTO Suresh Kumar sold 30,000 shares of Walmart stock in a transaction on Friday, September 12th. The shares were sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the sale, the chief technology officer owned 1,787,200 shares of the company’s stock, valued at $184,921,584. The trade was a 1.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, 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 sale, 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 SEC filing for this sale provides additional information. In the last quarter, insiders sold 148,838 shares of company stock worth $15,309,020. 0.10% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have weighed in on WMT shares. Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the company an “outperform” rating in a report on Friday, August 22nd. Mizuho reaffirmed an “outperform” rating and issued a $115.00 target price on shares of Walmart in a research report on Wednesday, August 13th. Piper Sandler reaffirmed an “overweight” rating and issued a $111.00 target price on shares of Walmart in a research report on Wednesday, September 24th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $118.00 target price on shares of Walmart in a research report on Wednesday, September 24th. Finally, JPMorgan Chase & Co. cut their target price on Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Thirty-one research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $113.40.

Walmart Stock Performance

Shares of WMT stock opened at $101.25 on Friday. The company’s fifty day simple moving average is $102.46 and its 200-day simple moving average is $99.15. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $109.57. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The company has a market cap of $807.23 billion, a PE ratio of 38.06, a P/E/G ratio of 4.83 and a beta of 0.67.

Walmart (NYSE:WMT) last issued its earnings results on Thursday, August 21st. The retailer reported $0.68 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 business had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. During the same period in the prior year, the business posted $0.67 EPS. The business’s revenue was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. As a group, equities research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current 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.