Louisiana State Employees Retirement System Decreases Position in Walmart Inc. $WMT

Key Points

• The Louisiana State Employees Retirement System reduced its holdings in Walmart Inc. by 2.3% during the second quarter, now owning 228,000 shares valued at approximately $22.29 million.
• Walmart's latest earnings report indicated an EPS of $0.68, missing the consensus estimate of $0.74, with company revenue totaling $169.34 billion for the quarter.
• Numerous large investors, including BankPlus Trust Department and Sax Wealth Advisors, have increased their positions in Walmart, highlighting strong institutional interest in the company.

Louisiana State Employees Retirement System lessened its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 2.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 228,000 shares of the retailer's stock after selling 5,300 shares during the quarter. Walmart accounts for 0.4% of Louisiana State Employees Retirement System's investment portfolio, making the stock its 29th biggest position. Louisiana State Employees Retirement System's holdings in Walmart were worth $22,294,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Sax Wealth Advisors LLC raised its position in Walmart by 7.2% in the 2nd quarter. Sax Wealth Advisors LLC now owns 10,416 shares of the retailer's stock worth $1,019,000 after purchasing an additional 702 shares during the period. Venturi Wealth Management LLC increased its position in shares of Walmart by 0.3% in the second quarter. Venturi Wealth Management LLC now owns 228,984 shares of the retailer's stock valued at $22,390,000 after acquiring an additional 701 shares during the period. Wheelhouse Advisory Group LLC increased its position in shares of Walmart by 4.4% in the second quarter. Wheelhouse Advisory Group LLC now owns 5,156 shares of the retailer's stock valued at $504,000 after acquiring an additional 216 shares during the period. BankPlus Trust Department increased its position in shares of Walmart by 8.5% in the second quarter. BankPlus Trust Department now owns 24,879 shares of the retailer's stock valued at $2,433,000 after acquiring an additional 1,947 shares during the period. Finally, Canopy Partners LLC increased its position in shares of Walmart by 0.5% in the second quarter. Canopy Partners LLC now owns 32,526 shares of the retailer's stock valued at $3,180,000 after acquiring an additional 153 shares during the period. Hedge funds and other institutional investors own 26.76% of the company's stock.

Walmart Stock Performance

WMT opened at $102.90 on Thursday. The stock has a market capitalization of $820.41 billion, a price-to-earnings ratio of 38.68, a PEG ratio of 4.86 and a beta of 0.67. The company has a fifty day moving average of $101.08 and a 200 day moving average of $96.96. Walmart Inc. has a fifty-two week low of $79.37 and a fifty-two week high of $106.11. 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 (NYSE:WMT - Get Free Report) last released its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 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 business 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 earned $0.67 EPS. Walmart'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. As a group, sell-side analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Buying and Selling at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the firm'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 transaction, the chief executive officer owned 4,392,985 shares of the company's stock, valued at approximately $421,594,770.45. This trade represents a 0.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm's stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total transaction of $403,840.00. Following the completion of the sale, the executive vice president owned 1,052,455 shares in the company, valued at $106,255,856.80. This represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 151,232 shares of company stock worth $15,083,877. Company insiders own 0.10% of the company's stock.

Analyst Ratings Changes

A number of research firms have issued reports on WMT. Mizuho restated an "outperform" rating and issued a $115.00 price objective on shares of Walmart in a research report on Wednesday, August 13th. Telsey Advisory Group restated an "outperform" rating and issued a $118.00 price objective on shares of Walmart in a research report on Wednesday, September 24th. Weiss Ratings restated a "buy (b)" rating on shares of Walmart in a research report on Wednesday. The Goldman Sachs Group lifted their target price on shares of Walmart from $101.00 to $114.00 and gave the company a "buy" rating in a research note on Friday, August 22nd. Finally, Truist Financial cut their target price on shares of Walmart from $111.00 to $109.00 and set a "buy" rating on the stock in a research note on Friday, August 22nd. Thirty analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Walmart presently has a consensus rating of "Moderate Buy" and an average price target of $112.38.

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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