Amundi Buys 173,057 Shares of Walmart Inc. $WMT

Key Points

• Amundi increased its stake in Walmart by 1.1% in Q1, now owning about 0.20% of the company with a market value of over $1.37 billion.
• Several analysts have changed their ratings on Walmart, with Truist Financial cutting its target price to $109, while Telsey Advisory Group raised theirs to $118.
• Walmart's latest quarterly earnings showed a miss in EPS estimates at $0.68, falling short of the consensus of $0.74 and reporting revenues of $169.34 billion, below expectations.

Amundi lifted its position in Walmart Inc. (NYSE:WMT - Free Report) by 1.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,783,138 shares of the retailer's stock after acquiring an additional 173,057 shares during the quarter. Amundi owned approximately 0.20% of Walmart worth $1,377,237,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Whelan Financial boosted its holdings in shares of Walmart by 2.3% in the 4th quarter. Whelan Financial now owns 4,339 shares of the retailer's stock worth $392,000 after buying an additional 97 shares during the last quarter. Bedel Financial Consulting Inc. grew its holdings in Walmart by 0.4% during the 1st quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer's stock valued at $2,275,000 after buying an additional 102 shares in the last quarter. Scott & Selber Inc. grew its holdings in Walmart by 3.7% during the 1st quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer's stock valued at $256,000 after buying an additional 105 shares in the last quarter. Capital Advisors Wealth Management LLC raised its holdings in shares of Walmart by 1.4% in the 1st quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer's stock valued at $684,000 after acquiring an additional 105 shares in the last quarter. Finally, Lauterbach Financial Advisors LLC boosted its position in shares of Walmart by 1.8% during the 1st quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer's stock valued at $517,000 after acquiring an additional 106 shares during 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 on Thursday, August 28th. The shares were sold at an average price of $95.97, for a total value of $1,863,353.52. Following the completion of the transaction, the chief executive officer directly owned 4,392,985 shares of the company's stock, valued at approximately $421,594,770.45. This trade represents a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm's stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total transaction of $403,840.00. Following the completion of the transaction, the executive vice president directly owned 1,052,455 shares of the company's stock, valued at approximately $106,255,856.80. This trade represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 121,382 shares of company stock valued at $11,718,441. Company insiders own 0.10% of the company's stock.

Walmart Stock Performance

NYSE:WMT traded up $1.42 during mid-day trading on Thursday, hitting $100.86. 15,629,600 shares of the company traded hands, compared to its average volume of 17,735,688. The stock's fifty day moving average price is $98.23 and its 200-day moving average price is $95.26. Walmart Inc. has a one year low of $76.30 and a one year high of $105.30. 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 firm has a market cap of $804.17 billion, a price-to-earnings ratio of 37.92, a price-to-earnings-growth ratio of 4.78 and a beta of 0.65.

Walmart (NYSE:WMT - Get Free Report) last issued 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 firm had revenue of $169.34 billion for the quarter, compared to analysts' expectations of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. Walmart's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.67 EPS. 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.

Analyst Ratings Changes

A number of brokerages have recently issued reports on WMT. Evercore ISI reiterated an "outperform" rating and set a $110.00 price target (up previously from $108.00) on shares of Walmart in a research report on Monday, August 18th. Wall Street Zen upgraded Walmart from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. Mizuho reiterated an "outperform" rating and issued a $115.00 price objective on shares of Walmart in a report on Wednesday, August 13th. Sanford C. Bernstein set a $117.00 price objective on Walmart and gave the stock an "outperform" rating in a report on Friday, August 22nd. Finally, Telsey Advisory Group lifted their price target on Walmart from $115.00 to $118.00 and gave the company an "outperform" rating in a research report on Friday, August 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Buy" and an average price target of $110.76.

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.