Retirement Systems of Alabama Acquires 63,703 Shares of Walmart Inc. $WMT

Retirement Systems of Alabama raised its holdings in Walmart Inc. (NYSE:WMT) by 3.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,955,426 shares of the retailer’s stock after purchasing an additional 63,703 shares during the quarter. Walmart accounts for 0.7% of Retirement Systems of Alabama’s investment portfolio, making the stock its 19th largest position. Retirement Systems of Alabama’s holdings in Walmart were worth $191,202,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Brighton Jones LLC grew its stake in shares of Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after acquiring an additional 21,939 shares during the period. Revolve Wealth Partners LLC grew its stake in shares of Walmart by 5.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after acquiring an additional 485 shares during the period. Mainstream Capital Management LLC grew its stake in shares of Walmart by 13.6% during the 1st quarter. Mainstream Capital Management LLC now owns 12,345 shares of the retailer’s stock worth $1,084,000 after acquiring an additional 1,474 shares during the period. Golden State Wealth Management LLC grew its stake in shares of Walmart by 4.8% during the 1st quarter. Golden State Wealth Management LLC now owns 16,981 shares of the retailer’s stock worth $1,491,000 after acquiring an additional 777 shares during the period. Finally, Rovin Capital UT ADV grew its stake in shares of Walmart by 7.1% during the 1st quarter. Rovin Capital UT ADV now owns 3,152 shares of the retailer’s stock worth $277,000 after acquiring an additional 210 shares during the period. Institutional investors own 26.76% of the company’s stock.

Insider Transactions at Walmart

In other Walmart news, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president owned 892,940 shares of the company’s stock, valued at $96,241,073.20. This trade represents a 1.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP John D. Rainey sold 2,200 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total value of $222,926.00. Following the completion of the sale, the executive vice president directly owned 621,718 shares in the company, valued at approximately $62,998,684.94. The trade was a 0.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 151,038 shares of company stock worth $15,525,280. 0.10% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Evercore ISI reiterated an “outperform” rating and set a $111.00 price target (up previously from $110.00) on shares of Walmart in a research note on Tuesday, October 21st. Sanford C. Bernstein set a $117.00 price target on Walmart and gave the stock an “outperform” rating in a research note on Friday, August 22nd. DA Davidson set a $117.00 target price on Walmart in a research note on Wednesday, October 15th. Wolfe Research began coverage on Walmart in a research note on Thursday, September 18th. They issued an “outperform” rating and a $129.00 target price for the company. Finally, Piper Sandler restated an “overweight” rating and issued a $111.00 target price on shares of Walmart in a research note on Wednesday, September 24th. Thirty-one analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Walmart presently has an average rating of “Moderate Buy” and an average target price of $113.40.

Walmart Stock Down 0.8%

Shares of NYSE WMT opened at $102.38 on Thursday. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $109.57. The business has a 50-day simple moving average of $102.28 and a two-hundred day simple moving average of $99.05. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The company has a market cap of $816.27 billion, a P/E ratio of 38.49, a P/E/G ratio of 4.86 and a beta of 0.67.

Walmart (NYSE:WMT) last released its quarterly earnings results 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 business had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. During the same period in the previous year, the business earned $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. Research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Profile

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.