Walmart Inc. $WMT Stock Holdings Decreased by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC lowered its stake in Walmart Inc. (NYSE:WMT) by 3.0% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 512,534 shares of the retailer’s stock after selling 15,980 shares during the period. Walmart accounts for approximately 0.5% of Mutual of America Capital Management LLC’s holdings, making the stock its 19th biggest holding. Mutual of America Capital Management LLC’s holdings in Walmart were worth $50,116,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Woodard & Co. Asset Management Group Inc. ADV bought a new stake in shares of Walmart during the 2nd quarter valued at about $1,401,000. First National Bank of Hutchinson grew its position in shares of Walmart by 3.2% during the 2nd quarter. First National Bank of Hutchinson now owns 31,019 shares of the retailer’s stock valued at $3,033,000 after buying an additional 962 shares during the last quarter. Private Wealth Management Group LLC grew its position in shares of Walmart by 16.4% during the 2nd quarter. Private Wealth Management Group LLC now owns 1,021 shares of the retailer’s stock valued at $100,000 after buying an additional 144 shares during the last quarter. Koshinski Asset Management Inc. grew its position in shares of Walmart by 2.3% during the 2nd quarter. Koshinski Asset Management Inc. now owns 85,794 shares of the retailer’s stock valued at $8,389,000 after buying an additional 1,903 shares during the last quarter. Finally, Citizens Business Bank grew its position in shares of Walmart by 0.7% during the 2nd quarter. Citizens Business Bank now owns 57,837 shares of the retailer’s stock valued at $5,655,000 after buying an additional 419 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling

In other news, EVP John D. Rainey sold 2,200 shares of the company’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $62,998,684.94. This represents a 0.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction that occurred on Thursday, September 25th. The stock was sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the completion of the sale, the chief executive officer directly owned 4,373,576 shares of the company’s stock, valued at approximately $451,396,778.96. This represents a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 151,038 shares of company stock worth $15,249,614. Company insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on WMT. Bank of America boosted their price objective on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 17th. Tigress Financial boosted their price objective on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 3rd. Piper Sandler restated an “overweight” rating and issued a $111.00 target price on shares of Walmart in a research report on Wednesday, September 24th. Wolfe Research began coverage on shares of Walmart in a research report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 target price for the company. Finally, DA Davidson set a $117.00 target price on shares of Walmart in a research report on Wednesday. Thirty-one equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $112.63.

Walmart Trading Up 1.3%

Shares of NYSE:WMT opened at $107.80 on Friday. The company has a 50 day moving average of $101.69 and a 200-day moving average of $97.92. The firm has a market cap of $859.50 billion, a P/E ratio of 40.53, a P/E/G ratio of 5.08 and a beta of 0.67. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $109.57. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The company had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company’s revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the company 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. As a group, analysts anticipate 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.