Johnson Investment Counsel Inc. Has $74.69 Million Position in Walmart Inc. $WMT

Key Points

• Johnson Investment Counsel Inc. has reduced its stake in Walmart Inc. by 2.6% in the second quarter, holding 763,829 shares valued at approximately $74.69 million.
• Multiple institutional investors, including Operose Advisors LLC and PFS Partners LLC, have significantly increased their holdings in Walmart, with increases of up to 432.4%.
• Walmart's stock recently reported earnings of $0.68 per share, missing estimates, and revealed a quarterly revenue of $169.34 billion, below analyst expectations.

Johnson Investment Counsel Inc. reduced its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 2.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 763,829 shares of the retailer's stock after selling 20,264 shares during the quarter. Johnson Investment Counsel Inc.'s holdings in Walmart were worth $74,687,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Operose Advisors LLC boosted its holdings in shares of Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after purchasing an additional 243 shares during the period. PFS Partners LLC boosted its holdings in shares of Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer's stock worth $31,000 after purchasing an additional 233 shares during the period. Bear Mountain Capital Inc. boosted its holdings in shares of Walmart by 98.2% during the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after purchasing an additional 167 shares during the period. Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Walmart by 432.4% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock worth $32,000 after purchasing an additional 294 shares during the period. Finally, Ridgewood Investments LLC lifted its stake in Walmart by 55.3% in the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock valued at $32,000 after acquiring an additional 115 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the business's stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the transaction, the executive vice president owned 932,313 shares of the company's stock, valued at approximately $88,700,258.82. The trade was a 1.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CTO Suresh Kumar sold 30,000 shares of the business's stock in a transaction on Friday, September 12th. The stock was sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the transaction, the chief technology officer directly owned 1,787,200 shares in the company, valued at $184,921,584. This trade represents a 1.65% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 151,232 shares of company stock worth $15,083,877. 0.10% of the stock is owned by insiders.

Analyst Ratings Changes

WMT has been the subject of a number of analyst reports. Guggenheim reiterated a "buy" rating and issued a $115.00 target price (up from $112.00) on shares of Walmart in a research note on Monday, August 18th. Weiss Ratings reiterated a "buy (b)" rating on shares of Walmart in a research note on Wednesday, October 8th. Sanford C. Bernstein set a $117.00 target price on shares of Walmart and gave the company an "outperform" rating in a research note on Friday, August 22nd. Mizuho reiterated an "outperform" rating and issued a $115.00 target price on shares of Walmart in a research note on Wednesday, August 13th. Finally, Oppenheimer lifted their target price on shares of Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research note on Wednesday, August 13th. Thirty 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, the stock has an average rating of "Moderate Buy" and an average target price of $112.38.

Walmart Price Performance

Shares of Walmart stock opened at $101.86 on Monday. The firm has a fifty day simple moving average of $101.22 and a 200-day simple moving average of $97.34. 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 Inc. has a 1-year low of $79.37 and a 1-year high of $106.11. The stock has a market capitalization of $812.10 billion, a price-to-earnings ratio of 38.29, a PEG ratio of 4.80 and a beta of 0.67.

Walmart (NYSE:WMT - Get Free Report) last issued 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 quarter in the previous year, the firm posted $0.67 earnings per share. Walmart's quarterly revenue was up 4.8% compared to the same quarter last year. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, sell-side analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

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.

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