Walmart Inc. $WMT Shares Purchased by Livforsakringsbolaget Skandia Omsesidigt

Key Points

• Livforsakringsbolaget Skandia Omsesidigt increased its holdings in Walmart Inc. by 14.5% in the second quarter, bringing its total shares to 115,753, valued at approximately $11.3 million.
• Walmart's stock recently opened at $102.40, showing a 1.2% decline, and the company reported earnings results with an EPS of $0.68, missing estimates by $0.06.
• Multiple analysts have issued positive ratings for Walmart, with Wolfe Research setting a target price of $129.00, reflecting strong market confidence despite recent stock performance.

Livforsakringsbolaget Skandia Omsesidigt grew its stake in Walmart Inc. (NYSE:WMT - Free Report) by 14.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 115,753 shares of the retailer's stock after buying an additional 14,700 shares during the period. Livforsakringsbolaget Skandia Omsesidigt's holdings in Walmart were worth $11,315,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in WMT. Kingstone Capital Partners Texas LLC raised its holdings in shares of Walmart by 397,264.9% in the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer's stock worth $10,496,702,000 after buying an additional 104,488,610 shares during the last quarter. Nuveen LLC purchased a new position in shares of Walmart in the first quarter worth $2,532,331,000. GAMMA Investing LLC raised its holdings in shares of Walmart by 9,896.9% in the first quarter. GAMMA Investing LLC now owns 7,939,728 shares of the retailer's stock worth $697,029,000 after buying an additional 7,860,306 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Walmart by 30.1% in the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer's stock worth $2,922,770,000 after buying an additional 7,706,201 shares during the last quarter. Finally, Wellington Management Group LLP raised its holdings in shares of Walmart by 527.1% in the first quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer's stock worth $591,620,000 after buying an additional 5,664,484 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on WMT shares. Guggenheim reissued a "buy" rating and set a $115.00 target price (up previously from $112.00) on shares of Walmart in a report on Monday, August 18th. Telsey Advisory Group raised their target price on shares of Walmart from $115.00 to $118.00 and gave the stock an "outperform" rating in a report on Friday, August 22nd. Truist Financial cut their price objective on shares of Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a report on Friday, August 22nd. Tigress Financial lifted their price objective on shares of Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a report on Wednesday, September 3rd. Finally, Wolfe Research started coverage on shares of Walmart in a report on Thursday. They issued an "outperform" rating and a $129.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Walmart has a consensus rating of "Buy" and a consensus target price of $112.03.

Insiders Place Their Bets

In other news, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $97.37, for a total value of $214,214.00. Following the sale, the executive vice president owned 623,918 shares in the company, valued at $60,750,895.66. This trade represents a 0.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of Walmart 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 owned 4,392,985 shares in the company, valued at approximately $421,594,770.45. This trade represents a 0.44% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 134,107 shares of company stock valued at $13,183,727. 0.10% of the stock is owned by company insiders.

Walmart Stock Performance

WMT traded up $0.47 on Monday, reaching $102.80. The stock had a trading volume of 9,243,603 shares, compared to its average volume of 18,903,973. The business's 50-day moving average price is $99.40 and its two-hundred day moving average price is $95.64. Walmart Inc. has a 12-month low of $78.98 and a 12-month high of $106.11. The company has a market cap of $819.63 billion, a P/E ratio of 38.65, a price-to-earnings-growth ratio of 4.82 and a beta of 0.65. 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 (NYSE:WMT - Get Free Report) last announced its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same quarter last year, the business earned $0.67 EPS. The firm's revenue for the quarter 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. Sell-side analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

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.