Teacher Retirement System of Texas Lowers Stock Position in Walmart Inc. $WMT

Teacher Retirement System of Texas cut its position in shares of Walmart Inc. (NYSE:WMT) by 12.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,393,736 shares of the retailer’s stock after selling 193,675 shares during the period. Walmart accounts for 0.6% of Teacher Retirement System of Texas’ holdings, making the stock its 21st biggest position. Teacher Retirement System of Texas’ holdings in Walmart were worth $136,280,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in WMT. Weatherly Asset Management L. P. lifted its holdings in Walmart by 7.0% during the second quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock valued at $5,489,000 after purchasing an additional 3,696 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management lifted its holdings in Walmart by 34.6% during the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock valued at $3,355,000 after purchasing an additional 9,831 shares in the last quarter. Ally Financial Inc. purchased a new position in Walmart during the first quarter valued at $2,107,000. Night Squared LP purchased a new position in Walmart during the first quarter valued at $1,052,000. Finally, Monument Capital Management lifted its holdings in Walmart by 94.2% during the first quarter. Monument Capital Management now owns 55,004 shares of the retailer’s stock valued at $4,829,000 after purchasing an additional 26,685 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 4,354,162 shares in the company, valued at approximately $466,679,083.16. This trade represents a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 transaction of $1,414,612.50. Following 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold 151,038 shares of company stock valued at $15,525,280 in the last quarter. Insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

WMT has been the topic of several recent analyst reports. Oppenheimer increased their price objective on shares of Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a report on Wednesday, August 13th. UBS Group reaffirmed a “buy” rating and set a $122.00 price objective (up from $110.00) on shares of Walmart in a report on Thursday. Telsey Advisory Group reaffirmed an “outperform” rating and set a $118.00 price objective on shares of Walmart in a report on Wednesday, September 24th. DA Davidson set a $117.00 price objective on shares of Walmart in a report on Wednesday, October 15th. Finally, Erste Group Bank raised shares of Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. Thirty-one investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $113.07.

Walmart Stock Performance

NYSE:WMT opened at $106.22 on Monday. The company’s 50-day moving average price is $102.17 and its 200-day moving average price is $98.79. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The company has a market cap of $846.91 billion, a P/E ratio of 39.93, a P/E/G ratio of 5.00 and a beta of 0.67. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $109.57.

Walmart (NYSE:WMT) last posted 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). The business had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the business posted $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. On average, sell-side analysts forecast 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.