Alecta Tjanstepension Omsesidigt Purchases 319,400 Shares of Walmart Inc. $WMT

Key Points

• Alecta Tjanstepension Omsesidigt increased its stake in Walmart Inc. by 71.2% during Q2, owning 768,300 shares valued at approximately $75.1 million.
• Walmart reported earnings of $0.68 per share for the most recent quarter, missing expectations of $0.74, while revenue fell short of estimates at $169.34 billion versus $174.02 billion.
• Insider trading activity included CEO C. Douglas McMillon selling 19,416 shares for over $1.85 million, while executives continue to hold a small percentage (0.10%) of ownership in the company.

Alecta Tjanstepension Omsesidigt grew its stake in Walmart Inc. (NYSE:WMT - Free Report) by 71.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 768,300 shares of the retailer's stock after buying an additional 319,400 shares during the period. Alecta Tjanstepension Omsesidigt's holdings in Walmart were worth $75,101,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in shares of Walmart by 0.8% in the 1st 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. boosted 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 purchasing an additional 7,706,201 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of 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 purchasing an additional 387,424 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Walmart by 2.9% in the 1st quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer's stock valued at $2,562,427,000 after purchasing an additional 823,020 shares in the last quarter. Finally, Nuveen LLC purchased a new stake in shares of Walmart in the 1st quarter valued at $2,532,331,000. Hedge funds and other institutional investors own 26.76% of the company's stock.

Walmart Stock Down 1.2%

Shares of Walmart stock traded down $1.20 during trading on Friday, hitting $102.40. The company's stock had a trading volume of 34,721,159 shares, compared to its average volume of 16,094,947. Walmart Inc. has a 52 week low of $78.11 and a 52 week high of $106.11. The company has a fifty day simple moving average of $99.40 and a two-hundred day simple moving average of $95.64. The company has a market capitalization of $816.42 billion, a PE ratio of 38.50, a P/E/G ratio of 4.88 and a beta of 0.65. 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 announced 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 firm had revenue of $169.34 billion for the quarter, compared to analysts' expectations of $174.02 billion. During the same period last year, the company posted $0.67 earnings per share. The business'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. Equities research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. The Goldman Sachs Group upped their price objective 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. Guggenheim reaffirmed a "buy" rating and issued a $115.00 price objective (up previously from $112.00) on shares of Walmart in a research note on Monday, August 18th. Telsey Advisory Group upped their price objective 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. JPMorgan Chase & Co. dropped their price target on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a research report on Friday, August 22nd. Finally, Erste Group Bank raised shares of Walmart from a "hold" rating to a "buy" rating in a research report on Tuesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $112.03.

Insider Activity

In other news, EVP John R. Furner sold 13,125 shares of the firm's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $98.55, for a total transaction of $1,293,468.75. Following the sale, the executive vice president owned 919,189 shares of the company's stock, valued at $90,586,075.95. This trade represents a 1.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 sale, the chief executive officer directly owned 4,392,985 shares in the company, valued at approximately $421,594,770.45. The trade was a 0.44% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 134,107 shares of company stock worth $13,183,727. 0.10% of the stock is owned by corporate insiders.

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.