Walmart Inc. $WMT Holdings Decreased by KBC Group NV

KBC Group NV cut its stake in Walmart Inc. (NYSE:WMT) by 9.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 979,608 shares of the retailer’s stock after selling 105,230 shares during the period. KBC Group NV’s holdings in Walmart were worth $95,786,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in WMT. Access Investment Management LLC bought a new position in Walmart during the second quarter valued at about $26,000. Operose Advisors LLC grew its stake in shares of Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after purchasing an additional 243 shares during the last quarter. PFS Partners LLC raised its holdings in shares of Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after purchasing an additional 233 shares in the last quarter. Bear Mountain Capital Inc. boosted its holdings 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 buying an additional 167 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd grew its position in Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after buying an additional 294 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Piper Sandler reiterated an “overweight” rating and set a $111.00 price objective on shares of Walmart in a research report on Wednesday, September 24th. Wolfe Research started coverage on Walmart in a research report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price target for the company. UBS Group restated a “buy” rating and set a $122.00 price objective (up previously from $110.00) on shares of Walmart in a report on Thursday, October 23rd. Sanford C. Bernstein set a $117.00 target price on shares of Walmart and gave the stock an “outperform” rating in a report on Friday, August 22nd. Finally, DA Davidson set a $117.00 price target on shares of Walmart in a report on Wednesday, October 15th. Thirty-two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $113.43.

Insider Buying and Selling at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction that occurred on Thursday, October 16th. The stock was sold at an average price of $107.78, for a total value of $1,414,612.50. Following the completion of the sale, the executive vice president owned 892,940 shares of the company’s stock, valued at approximately $96,241,073.20. The trade was a 1.45% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction that occurred on Thursday, October 23rd. The shares were sold at an average price of $107.18, for a total transaction of $2,081,006.88. Following the transaction, the chief executive officer directly owned 4,354,162 shares in the company, valued at approximately $466,679,083.16. The trade was a 0.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 151,038 shares of company stock valued at $15,531,616 in the last quarter. Corporate insiders own 0.10% of the company’s stock.

Walmart Price Performance

NYSE WMT opened at $103.43 on Wednesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The firm has a market capitalization of $824.63 billion, a price-to-earnings ratio of 38.88, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. The company has a 50 day simple moving average of $103.25 and a 200-day simple moving average of $99.60. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.57.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing the consensus estimate 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 during the quarter, compared to analyst estimates of $174.02 billion. During the same quarter in the prior year, the company posted $0.67 EPS. The firm’s quarterly revenue 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 predict 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.