Securian Asset Management Inc. Lowers Holdings in Walmart Inc. $WMT

Securian Asset Management Inc. lessened its stake in Walmart Inc. (NYSE:WMT) by 1.7% in the 2nd quarter, Holdings Channel.com reports. The firm owned 225,887 shares of the retailer’s stock after selling 3,906 shares during the quarter. Walmart makes up 0.6% of Securian Asset Management Inc.’s holdings, making the stock its 25th largest holding. Securian Asset Management Inc.’s holdings in Walmart were worth $22,087,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of WMT. Kingstone Capital Partners Texas LLC raised its position in shares of Walmart by 397,264.9% in the 2nd 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 last quarter. Nuveen LLC purchased a new position in shares of Walmart in the 1st quarter worth about $2,532,331,000. Goldman Sachs Group Inc. raised its position in shares of Walmart by 30.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock worth $2,922,770,000 after purchasing an additional 7,706,201 shares during the last quarter. Wellington Management Group LLP raised its position in shares of Walmart by 527.1% in the 1st quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock worth $591,620,000 after purchasing an additional 5,664,484 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board raised its position in shares of Walmart by 28,684.8% in the 1st quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock worth $371,295,000 after purchasing an additional 4,214,661 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on WMT shares. Bank of America lifted their price target on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, September 17th. Guggenheim reiterated a “buy” rating and issued a $115.00 price objective (up from $112.00) on shares of Walmart in a report on Monday, August 18th. JPMorgan Chase & Co. reduced their price objective on Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. The Goldman Sachs Group lifted their price objective on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. Finally, Mizuho reiterated an “outperform” rating and issued a $115.00 price objective on shares of Walmart in a report on Wednesday, August 13th. Thirty-one equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $112.63.

Walmart Trading Down 0.6%

Walmart stock opened at $107.06 on Tuesday. The business has a 50-day simple moving average of $101.75 and a two-hundred day simple moving average of $98.16. The company has a market cap of $853.60 billion, a P/E ratio of 40.25, a P/E/G ratio of 5.08 and a beta of 0.67. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.57. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT) last released its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The firm had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Insider Buying and Selling at Walmart

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $103.83, for a total transaction of $415,320.00. Following the completion of the sale, the executive vice president directly owned 1,048,455 shares in the company, valued at $108,861,082.65. The trade was a 0.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the business’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 sale, the executive vice president owned 621,718 shares of the company’s stock, valued at approximately $62,998,684.94. This represents a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 147,038 shares of company stock worth $14,869,054. 0.10% of the stock is owned by corporate insiders.

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.