Northwestern Mutual Wealth Management Co. Purchases 27,298 Shares of Walmart Inc. $WMT

Northwestern Mutual Wealth Management Co. grew its holdings in shares of Walmart Inc. (NYSE:WMT) by 3.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 849,114 shares of the retailer’s stock after acquiring an additional 27,298 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Walmart were worth $83,026,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of WMT. Vanguard Group Inc. lifted its holdings in shares of Walmart by 1.4% in the second quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock worth $42,223,116,000 after buying an additional 5,856,468 shares in the last quarter. Kingstone Capital Partners Texas LLC increased its stake in Walmart by 397,264.9% in the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock worth $10,496,702,000 after purchasing an additional 104,488,610 shares during the period. Geode Capital Management LLC increased its holdings in Walmart by 0.3% during the 2nd quarter. Geode Capital Management LLC now owns 94,557,532 shares of the retailer’s stock worth $9,199,712,000 after purchasing an additional 263,718 shares during the period. Goldman Sachs Group Inc. grew its holdings in Walmart by 30.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock worth $2,922,770,000 after acquiring an additional 7,706,201 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in Walmart by 1.3% during the first quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer’s stock valued at $2,710,665,000 after buying an additional 387,424 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insiders Place Their Bets

In other news, CTO Suresh Kumar sold 30,000 shares of the firm’s stock in a transaction dated Friday, September 12th. The stock was 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 approximately $184,921,584. This trade represents a 1.65% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $103.83, for a total transaction of $415,320.00. Following the completion of the transaction, the executive vice president owned 1,048,455 shares of the company’s stock, valued at approximately $108,861,082.65. The trade was a 0.38% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 138,597 shares of company stock worth $14,499,943. 0.10% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have commented on WMT. Royal Bank Of Canada reiterated an “outperform” rating and issued a $116.00 price target on shares of Walmart in a research note on Friday, November 21st. Cowen restated a “buy” rating on shares of Walmart in a research report on Monday, November 10th. Erste Group Bank upgraded shares of Walmart from a “hold” rating to a “buy” rating in a research report on Tuesday, August 5th. JPMorgan Chase & Co. raised their price objective on Walmart from $128.00 to $129.00 and gave the company an “overweight” rating in a report on Friday, November 21st. Finally, Wolfe Research initiated coverage on Walmart in a report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price target for the company. Thirty-one research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $118.55.

Walmart Stock Performance

NYSE WMT opened at $110.51 on Friday. 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 company has a market cap of $881.08 billion, a P/E ratio of 41.55, a P/E/G ratio of 4.83 and a beta of 0.67. The stock has a 50-day moving average of $103.97 and a two-hundred day moving average of $100.25. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $110.70.

Walmart (NYSE:WMT) last released its earnings results on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, topping the consensus estimate of $0.60 by $0.02. The firm had revenue of $179.50 billion during the quarter, compared to analysts’ expectations of $175.15 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.Walmart’s revenue for the quarter was up 5.8% on a year-over-year basis. 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. As a group, 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.