State of Wyoming Sells 4,550 Shares of Walmart Inc. $WMT

Key Points

• The State of Wyoming has decreased its stake in Walmart Inc. by 35.5%, selling 4,550 shares during the first quarter to hold a total of 8,249 shares valued at approximately $724,000.
• Several institutional investors, including Vanguard Group and Goldman Sachs, have increased their stakes in Walmart, indicating a strong interest in the company's stock.
• Walmart's recent earnings report showed earnings per share of $0.68, missing the consensus estimate of $0.74, with revenue of $169.34 billion, below analysts' expectations of $174.02 billion.

State of Wyoming decreased its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 35.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 8,249 shares of the retailer's stock after selling 4,550 shares during the quarter. State of Wyoming's holdings in Walmart were worth $724,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of WMT. Vanguard Group Inc. increased its stake in Walmart by 0.8% in the first quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer's stock valued at $37,395,120,000 after purchasing an additional 3,224,154 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Walmart by 30.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer's stock valued at $2,922,770,000 after buying an additional 7,706,201 shares during the period. Ameriprise Financial Inc. increased its position in Walmart by 1.3% in the 1st quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer's stock valued at $2,710,665,000 after buying an additional 387,424 shares in the last quarter. Nuveen Asset Management LLC raised its stake in Walmart by 0.8% during the 4th quarter. Nuveen Asset Management LLC now owns 29,843,892 shares of the retailer's stock worth $2,696,396,000 after buying an additional 233,040 shares during the period. Finally, Invesco Ltd. boosted its holdings in Walmart by 2.9% in the first quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer's stock worth $2,562,427,000 after acquiring an additional 823,020 shares in the last quarter. Institutional investors own 26.76% of the company's stock.

Analyst Ratings Changes

WMT has been the subject of several recent research reports. Sanford C. Bernstein set a $117.00 price objective on Walmart and gave the company an "outperform" rating in a report on Friday, August 22nd. DA Davidson reissued a "buy" rating and issued a $117.00 price target on shares of Walmart in a research report on Friday, May 16th. Telsey Advisory Group boosted their price target on shares of Walmart from $115.00 to $118.00 and gave the company an "outperform" rating in a research note on Friday, August 22nd. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $106.00 price objective on shares of Walmart in a research note on Friday, August 22nd. Finally, KeyCorp lifted their price objective on shares of Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a report on Monday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $110.59.

Walmart Stock Performance

NYSE WMT opened at $96.11 on Friday. The company has a fifty day moving average price of $98.11 and a 200-day moving average price of $95.45. The firm has a market cap of $767.02 billion, a price-to-earnings ratio of 36.13, a PEG ratio of 4.62 and a beta of 0.66. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. Walmart Inc. has a 1 year low of $75.67 and a 1 year high of $105.30.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). The firm had revenue of $169.34 billion for the quarter, compared to analysts' expectations of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.67 earnings per share. 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, equities research analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insiders Place Their Bets

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the company's stock in a transaction on Friday, June 20th. The stock was sold at an average price of $95.24, for a total value of $380,960.00. Following the completion of the transaction, the executive vice president owned 1,060,455 shares in the company, valued at $100,997,734.20. This represents a 0.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the firm's stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $95.14, for a total value of $1,248,712.50. Following the sale, the executive vice president directly owned 932,313 shares of the company's stock, valued at approximately $88,700,258.82. This represents a 1.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 101,966 shares of company stock valued at $9,858,673. Insiders own 0.10% of the company's stock.

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.

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