Livforsakringsbolaget Skandia Omsesidigt Sells 20,653 Shares of Walmart Inc. $WMT

Key Points

• Livforsakringsbolaget Skandia Omsesidigt cut its Walmart stake by 18.3% in the first quarter, selling 20,653 shares and leaving it with 92,100 shares worth about $11.5 million.
• Walmart is still drawing favorable analyst attention, with several firms reiterating buy or outperform ratings and a consensus Moderate Buy rating; the average price target is $138.85.
• The company continues to show solid operating momentum, posting $0.66 EPS on $177.75 billion in quarterly revenue and highlighting growth in higher-margin businesses like advertising, membership, and e-commerce, alongside another dividend increase.

Livforsakringsbolaget Skandia Omsesidigt lowered its holdings in Walmart Inc. (NASDAQ:WMT - Free Report) by 18.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 92,100 shares of the retailer's stock after selling 20,653 shares during the period. Livforsakringsbolaget Skandia Omsesidigt's holdings in Walmart were worth $11,465,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in WMT. Brighton Jones LLC increased its holdings in Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock worth $8,868,000 after buying an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC raised its position in Walmart by 5.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock worth $800,000 after acquiring an additional 485 shares during the period. Peterson Wealth Management boosted its stake in Walmart by 3.5% in the first quarter. Peterson Wealth Management now owns 50,307 shares of the retailer's stock valued at $4,416,000 after acquiring an additional 1,715 shares during the last quarter. Sivia Capital Partners LLC boosted its stake in Walmart by 0.9% in the second quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer's stock valued at $1,272,000 after acquiring an additional 116 shares during the last quarter. Finally, Schnieders Capital Management LLC. grew its position in shares of Walmart by 1.2% during the 2nd quarter. Schnieders Capital Management LLC. now owns 91,341 shares of the retailer's stock valued at $8,931,000 after acquiring an additional 1,048 shares during the period. 26.76% of the stock is currently owned by institutional investors.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart continues to benefit from strong momentum in higher-margin businesses such as advertising, membership, and e-commerce, which are growing faster than its core store operations and supporting the long-term growth story. Where Will Walmart Stock Be in 5 Years?
• Positive Sentiment: Walmart just announced its 53rd dividend increase, reinforcing its appeal as a defensive, income-producing stock for investors looking for steady cash returns. Walmart just declared its 53rd dividend increase
• Positive Sentiment: Recent coverage also highlights Walmart+ membership growth and faster delivery as drivers of recurring revenue and deeper customer engagement, which could help sustain sales momentum. Can Walmart+ Membership Keep WMT's Growth Momentum Alive?

Insider Activity

In other news, EVP David W. Guggina sold 11,978 shares of the firm's stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $119.82, for a total value of $1,435,203.96. Following the completion of the transaction, the executive vice president directly owned 125,067 shares of the company's stock, valued at $14,985,527.94. This trade represents a 8.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel J. Bartlett sold 3,775 shares of Walmart stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $109.64, for a total value of $413,891.00. Following the completion of the transaction, the executive vice president owned 630,009 shares of the company's stock, valued at approximately $69,074,186.76. This trade represents a 0.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 103,170 shares of company stock valued at $12,692,133. 0.09% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

WMT has been the subject of several research analyst reports. Wolfe Research restated an "outperform" rating and set a $137.00 price target (up from $135.00) on shares of Walmart in a research note on Monday, May 11th. Truist Financial set a $140.00 price objective on Walmart in a research note on Thursday, May 21st. UBS Group set a $141.00 price objective on Walmart and gave the company a "buy" rating in a report on Friday, May 22nd. KeyCorp reissued an "overweight" rating on shares of Walmart in a research report on Friday, May 22nd. Finally, BTIG Research restated a "buy" rating and issued a $145.00 target price on shares of Walmart in a research note on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat, Walmart currently has a consensus rating of "Moderate Buy" and an average target price of $138.85.

Walmart Stock Performance

NASDAQ WMT opened at $113.70 on Wednesday. The firm has a market cap of $904.83 billion, a P/E ratio of 39.89, a price-to-earnings-growth ratio of 4.28 and a beta of 0.60. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42. The company's 50 day moving average is $119.80 and its 200-day moving average is $122.07. Walmart Inc. has a 12-month low of $94.43 and a 12-month high of $135.15.

Walmart (NASDAQ:WMT - Get Free Report) last released its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, hitting the consensus estimate of $0.66. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The company had revenue of $177.75 billion during the quarter, compared to the consensus estimate of $174.84 billion. During the same period last year, the firm earned $0.61 EPS. Walmart's revenue for the quarter was up 7.4% on a year-over-year basis. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Sell-side analysts predict that Walmart Inc. will post 2.89 earnings per share for the current year.

Walmart Company Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.

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