Walmart Inc. $WMT Shares Sold by Avanza Fonder AB

Key Points

• Avanza Fonder AB reduced its Walmart Inc. shares by 10,103, now holding 418,050 shares, which represents a 2.4% decrease in their position.
• Recent analyst updates have maintained an overall Buy consensus on Walmart, with a new average target price of $112.03.
• Walmart reported a miss on earnings per share for the recent quarter, posting $0.68 against expectations of $0.74, in addition to generating revenue of $169.34 billion compared to $174.02 billion estimated.

Avanza Fonder AB trimmed its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 2.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 418,050 shares of the retailer's stock after selling 10,103 shares during the period. Walmart accounts for approximately 1.2% of Avanza Fonder AB's holdings, making the stock its 10th largest holding. Avanza Fonder AB's holdings in Walmart were worth $40,877,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Operose Advisors LLC lifted its stake in shares of Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock valued at $28,000 after purchasing an additional 243 shares in the last quarter. Bear Mountain Capital Inc. lifted its stake in shares of Walmart by 98.2% in the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock valued at $32,000 after purchasing an additional 167 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its stake in shares of Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock valued at $32,000 after purchasing an additional 294 shares in the last quarter. EQ Wealth Advisors LLC acquired a new position in shares of Walmart in the 1st quarter valued at about $35,000. Finally, Lipe & Dalton raised its holdings in shares of Walmart by 95.2% during the 1st quarter. Lipe & Dalton now owns 410 shares of the retailer's stock valued at $36,000 after buying an additional 200 shares during the period. 26.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have issued reports on WMT shares. The Goldman Sachs Group increased their price objective on shares of Walmart from $101.00 to $114.00 and gave the company a "buy" rating in a research report on Friday, August 22nd. Erste Group Bank raised shares of Walmart from a "hold" rating to a "buy" rating in a research note on Tuesday, August 5th. Tigress Financial boosted their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday, September 3rd. Wolfe Research started coverage on Walmart in a research report on Thursday. They set an "outperform" rating and a $129.00 target price on the stock. Finally, Sanford C. Bernstein set a $117.00 price target on Walmart and gave the company an "outperform" rating in a report on Friday, August 22nd. One equities research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $112.03.

Walmart Stock Performance

Shares of WMT traded up $0.46 during mid-day trading on Monday, hitting $102.79. The stock had a trading volume of 12,856,457 shares, compared to its average volume of 18,927,965. The company has a market cap of $819.53 billion, a PE ratio of 38.64, a PEG ratio of 4.82 and a beta of 0.65. The company's fifty day simple moving average is $99.40 and its two-hundred day simple moving average is $95.64. 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 Inc. has a fifty-two week low of $78.98 and a fifty-two week high of $106.11.

Walmart (NYSE:WMT - Get Free Report) last issued its earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). The firm 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%.Walmart's revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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. On average, equities analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Transactions at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the business's stock in a transaction that occurred on Thursday, July 17th. The stock was sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the completion of the transaction, the executive vice president owned 932,313 shares in the company, valued at $88,700,258.82. The trade was a 1.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business's stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total value of $403,840.00. Following the transaction, the executive vice president owned 1,052,455 shares of the company's stock, valued at $106,255,856.80. This represents a 0.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 151,232 shares of company stock worth $14,960,635 in the last quarter. Insiders own 0.10% of the company's stock.

Walmart Company 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.