Walmart Inc. $WMT Shares Bought by Ilmarinen Mutual Pension Insurance Co

Key Points

• Ilmarinen Mutual Pension Insurance Co increased its stake in Walmart by 4.7%, acquiring a total of 691,500 shares valued at approximately $60.7 million.
• During the first quarter, several hedge funds, including Operose Advisors and Bear Mountain Capital, significantly boosted their positions in Walmart, with increases of over 300% in some cases.
• Walmart reported earnings of $0.68 per share for the last quarter, missing analysts' expectations, with revenues of $169.34 billion.

Ilmarinen Mutual Pension Insurance Co boosted its stake in Walmart Inc. (NYSE:WMT - Free Report) by 4.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 691,500 shares of the retailer's stock after acquiring an additional 31,000 shares during the period. Walmart accounts for 0.5% of Ilmarinen Mutual Pension Insurance Co's portfolio, making the stock its 24th largest position. Ilmarinen Mutual Pension Insurance Co's holdings in Walmart were worth $60,707,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the stock. Advisory Alpha LLC raised its holdings in Walmart by 14.5% in the first quarter. Advisory Alpha LLC now owns 33,665 shares of the retailer's stock valued at $2,955,000 after acquiring an additional 4,257 shares in the last quarter. Alaethes Wealth LLC raised its holdings in Walmart by 9.5% in the first quarter. Alaethes Wealth LLC now owns 4,211 shares of the retailer's stock valued at $371,000 after acquiring an additional 364 shares in the last quarter. SCS Capital Management LLC acquired a new stake in Walmart during the first quarter valued at approximately $4,700,000. Smith Asset Management Co. LLC acquired a new stake in Walmart during the first quarter valued at approximately $387,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Walmart by 3.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 26,726,559 shares of the retailer's stock valued at $2,346,325,000 after buying an additional 809,213 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the company's stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total value of $403,840.00. Following the completion of the sale, the executive vice president directly owned 1,052,455 shares of the company's stock, valued at approximately $106,255,856.80. This represents a 0.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company's stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the completion of the sale, the chief executive officer directly owned 4,392,985 shares of the company's stock, valued at $421,594,770.45. The trade was a 0.44% 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 worth $11,718,441. 0.10% of the stock is owned by company insiders.

Walmart Stock Performance

Shares of WMT stock traded up $2.23 during trading hours on Thursday, reaching $102.64. The stock had a trading volume of 15,893,966 shares, compared to its average volume of 17,623,236. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. Walmart Inc. has a twelve month low of $77.49 and a twelve month high of $105.30. The firm has a 50-day simple moving average of $98.61 and a 200-day simple moving average of $95.37. The firm has a market capitalization of $818.33 billion, a PE ratio of 38.59, a price-to-earnings-growth ratio of 4.82 and a beta of 0.65.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings data 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). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same period last year, the business earned $0.67 EPS. The firm's revenue was up 4.8% on a year-over-year basis. 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, equities analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on WMT shares. Oppenheimer upped their price objective on Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research note on Wednesday, August 13th. Robert W. Baird increased their target price on shares of Walmart from $100.00 to $110.00 and gave the stock an "outperform" rating in a report on Friday, May 16th. Royal Bank Of Canada reissued an "outperform" rating and set a $106.00 target price on shares of Walmart in a report on Friday, August 22nd. Erste Group Bank raised shares of Walmart from a "hold" rating to a "buy" rating in a report on Tuesday, August 5th. Finally, KeyCorp increased their target price on shares of Walmart from $105.00 to $110.00 and gave the stock an "overweight" rating in a report on Monday, June 9th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, Walmart presently has an average rating of "Buy" and a consensus price target of $110.76.

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.