Intech Investment Management LLC Has $68.65 Million Position in Walmart Inc. $WMT

Key Points

• Intech Investment Management LLC reduced its position in Walmart Inc. by 14.2%, owning 781,967 shares valued at approximately $68.65 million, making it the 21st largest position in their portfolio.
• Walmart's stock received mixed ratings from analysts, with an average target price of $110.76 and a consensus rating of "Buy"; several firms, including Goldman Sachs, increased their target prices.
• Walmart reported earnings of $0.68 per share for the latest quarter, falling short of the $0.74 consensus estimate, while revenue reached $169.34 billion, a 4.8% increase year-over-year.

Intech Investment Management LLC trimmed its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 14.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 781,967 shares of the retailer's stock after selling 129,795 shares during the period. Walmart accounts for approximately 0.7% of Intech Investment Management LLC's holdings, making the stock its 21st largest holding. Intech Investment Management LLC's holdings in Walmart were worth $68,649,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of WMT. Flaharty Asset Management LLC grew its holdings in Walmart by 3.7% during the 1st quarter. Flaharty Asset Management LLC now owns 6,459 shares of the retailer's stock worth $567,000 after acquiring an additional 233 shares during the last quarter. Integrity Alliance LLC. grew its holdings in Walmart by 637.3% during the 1st quarter. Integrity Alliance LLC. now owns 259,197 shares of the retailer's stock worth $22,755,000 after acquiring an additional 224,044 shares during the last quarter. Ransom Advisory Ltd bought a new stake in Walmart during the 1st quarter worth about $927,000. Glenview Trust co grew its holdings in Walmart by 0.5% during the 1st quarter. Glenview Trust co now owns 848,748 shares of the retailer's stock worth $74,512,000 after acquiring an additional 4,148 shares during the last quarter. Finally, Aspen Investment Management Inc grew its holdings in Walmart by 3.5% during the 1st quarter. Aspen Investment Management Inc now owns 47,502 shares of the retailer's stock worth $4,170,000 after acquiring an additional 1,609 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on WMT shares. Sanford C. Bernstein set a $117.00 price objective on shares of Walmart and gave the stock an "outperform" rating in a report on Friday, August 22nd. DA Davidson reissued a "buy" rating and set a $117.00 price objective on shares of Walmart in a report on Friday, May 16th. Oppenheimer boosted their price objective on Walmart from $110.00 to $115.00 and gave the stock an "outperform" rating in a report on Wednesday, August 13th. Truist Financial dropped their price objective on Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a report on Friday, August 22nd. Finally, Robert W. Baird boosted their price objective on Walmart from $100.00 to $110.00 and gave the stock an "outperform" rating in a report on Friday, May 16th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of $110.76.

Walmart Trading Up 2.2%

WMT traded up $2.23 during midday trading on Thursday, reaching $102.64. 15,893,966 shares of the company were exchanged, compared to its average volume of 17,623,236. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. Walmart Inc. has a one year low of $77.49 and a one year high of $105.30. The stock has a market capitalization of $818.33 billion, a P/E ratio of 38.59, a PEG ratio of 4.82 and a beta of 0.65. The stock's 50-day simple moving average is $98.61 and its 200 day simple moving average is $95.37.

Walmart (NYSE:WMT - Get Free Report) last issued its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) 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 company had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same quarter last year, the business posted $0.67 EPS. Walmart's quarterly 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, analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, EVP John R. Furner sold 13,125 shares of the firm's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $98.55, for a total transaction of $1,293,468.75. Following the sale, the executive vice president owned 919,189 shares of the company's stock, valued at $90,586,075.95. This trade represents a 1.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the firm's stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $97.37, for a total value of $214,214.00. Following the sale, the executive vice president directly owned 623,918 shares in the company, valued at approximately $60,750,895.66. This represents a 0.35% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 121,382 shares of company stock valued at $11,718,441. 0.10% of the stock is owned by company insiders.

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.