Alecta Tjanstepension Omsesidigt Raises Holdings in 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 boosted its position in Walmart Inc. (NYSE:WMT - Free Report) by 71.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 768,300 shares of the retailer's stock after acquiring an additional 319,400 shares during the quarter. Alecta Tjanstepension Omsesidigt's holdings in Walmart were worth $75,101,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Operose Advisors LLC increased its stake in Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock valued at $28,000 after acquiring an additional 243 shares during the last quarter. Bear Mountain Capital Inc. increased its stake in Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock valued at $32,000 after acquiring an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd increased its holdings in shares of Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock worth $32,000 after buying an additional 294 shares during the period. EQ Wealth Advisors LLC purchased a new position in shares of Walmart in the first quarter worth about $35,000. Finally, Lipe & Dalton lifted its stake in shares of Walmart by 95.2% in the 1st quarter. Lipe & Dalton now owns 410 shares of the retailer's stock valued at $36,000 after acquiring an additional 200 shares during the last quarter. Institutional investors own 26.76% of the company's stock.

Insider Activity

In other news, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $98.30, for a total transaction of $216,260.00. Following the completion of the transaction, the executive vice president directly owned 626,118 shares in the company, valued at approximately $61,547,399.40. This trade represents a 0.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, July 17th. The shares were sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the transaction, the executive vice president owned 932,313 shares of the company's stock, valued at $88,700,258.82. The trade was a 1.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 134,107 shares of company stock valued at $13,183,727. 0.10% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms recently issued reports on WMT. The Goldman Sachs Group raised their price target on Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a research report on Friday, August 22nd. Wolfe Research began coverage on Walmart in a research note on Thursday. They issued an "outperform" rating and a $129.00 price target on the stock. Oppenheimer lifted their price target on Walmart from $110.00 to $115.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 13th. Erste Group Bank raised Walmart from a "hold" rating to a "buy" rating in a research note on Tuesday, August 5th. Finally, Guggenheim reissued a "buy" rating and issued a $115.00 target price (up from $112.00) on shares of Walmart in a research note on Monday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Buy" and an average target price of $112.03.

Walmart Stock Down 1.2%

Walmart stock traded down $1.20 during trading hours on Friday, hitting $102.40. 34,721,159 shares of the stock traded hands, compared to its average volume of 18,962,293. The firm's 50-day moving average price is $99.24 and its two-hundred day moving average price is $95.58. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The company has a market cap of $816.42 billion, a PE ratio of 38.50, a PEG ratio of 5.01 and a beta of 0.65. Walmart Inc. has a one year low of $78.11 and a one year high of $106.11.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings data 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 the consensus estimate of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business's revenue was up 4.8% compared to the same quarter last year. During the same period in the previous 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. On average, research analysts forecast that Walmart Inc. will post 2.55 EPS 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.