Strs Ohio Has $137.91 Million Position in Walmart Inc. $WMT

Strs Ohio cut its stake in Walmart Inc. (NASDAQ:WMT) by 4.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,338,119 shares of the retailer’s stock after selling 61,353 shares during the period. Walmart makes up about 0.5% of Strs Ohio’s portfolio, making the stock its 27th biggest holding. Strs Ohio’s holdings in Walmart were worth $137,907,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of Walmart by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock valued at $42,223,116,000 after buying an additional 5,856,468 shares in the last quarter. Geode Capital Management LLC raised its position in Walmart by 0.3% during the second quarter. Geode Capital Management LLC now owns 94,557,532 shares of the retailer’s stock valued at $9,199,712,000 after purchasing an additional 263,718 shares in the last quarter. Norges Bank bought a new stake in Walmart during the second quarter worth $5,367,770,000. Ameriprise Financial Inc. increased its stake in shares of Walmart by 3.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 31,973,329 shares of the retailer’s stock valued at $3,126,775,000 after purchasing an additional 1,098,342 shares during the last quarter. Finally, Amundi lifted its position in shares of Walmart by 23.5% during the 2nd quarter. Amundi now owns 19,493,644 shares of the retailer’s stock worth $1,902,775,000 after buying an additional 3,710,506 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Trading Down 1.3%

Shares of WMT opened at $117.81 on Friday. The business’s 50-day moving average price is $112.76 and its 200-day moving average price is $105.07. The stock has a market cap of $938.93 billion, a PE ratio of 41.19, a P/E/G ratio of 5.09 and a beta of 0.66. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $121.62. 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 posted its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. The company had revenue of $179.50 billion during the quarter, compared to the consensus estimate of $175.15 billion. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The firm’s revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, equities analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on WMT shares. Raymond James Financial reiterated an “outperform” rating on shares of Walmart in a research note on Wednesday, January 14th. Oppenheimer reaffirmed an “outperform” rating and issued a $125.00 price objective (up from $115.00) on shares of Walmart in a research note on Thursday, January 8th. The Goldman Sachs Group set a $121.00 price objective on shares of Walmart and gave the company a “buy” rating in a research note on Tuesday, January 13th. Jefferies Financial Group reiterated a “buy” rating on shares of Walmart in a report on Tuesday, December 9th. Finally, Tigress Financial boosted their price target on shares of Walmart from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. Thirty-two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Walmart has a consensus rating of “Moderate Buy” and an average target price of $123.03.

Insider Activity

In related news, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $114.91, for a total transaction of $1,508,193.75. Following the transaction, the executive vice president directly owned 733,841 shares of the company’s stock, valued at approximately $84,325,669.31. This trade represents a 1.76% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Daniel Danker sold 4,365 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $120.19, for a total value of $524,629.35. Following the completion of the sale, the executive vice president owned 238,583 shares of the company’s stock, valued at $28,675,290.77. The trade was a 1.80% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 115,799 shares of company stock worth $12,990,803. 0.10% of the stock is currently owned by insiders.

About Walmart

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.