Walmart Inc. $WMT Shares Acquired by APG Asset Management N.V.

Key Points

• APG Asset Management N.V. increased its stake in Walmart by 5.2%, holding nearly 3.9 million shares worth approximately $317.92 million, making Walmart 1.0% of its portfolio.
• Walmart's recent quarterly earnings showed $0.68 per share, missing estimates by $0.06, with revenue of $169.34 billion compared to the anticipated $174.02 billion.
• Several analysts adjusted their price targets for Walmart, with JPMorgan lowering its target from $130.00 to $127.00, while others maintained "buy" ratings with targets ranging from $115.00 to $120.00.

APG Asset Management N.V. lifted its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 5.2% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,911,803 shares of the retailer's stock after buying an additional 193,745 shares during the quarter. Walmart makes up approximately 1.0% of APG Asset Management N.V.'s portfolio, making the stock its 22nd biggest position. APG Asset Management N.V.'s holdings in Walmart were worth $317,920,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. grew its position in shares of Walmart by 0.8% during the first quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer's stock worth $37,395,120,000 after buying an additional 3,224,154 shares in the last quarter. Northern Trust Corp boosted its holdings in Walmart by 8.9% in the fourth quarter. Northern Trust Corp now owns 43,641,936 shares of the retailer's stock valued at $3,943,049,000 after purchasing an additional 3,550,037 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Walmart by 30.1% in the first 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 holdings in Walmart by 1.3% in the first 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. Finally, Nuveen Asset Management LLC boosted its holdings in Walmart by 0.8% in the fourth quarter. Nuveen Asset Management LLC now owns 29,843,892 shares of the retailer's stock valued at $2,696,396,000 after purchasing an additional 233,040 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the 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 approximately $100,997,734.20. This represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP John D. Rainey sold 2,200 shares of the stock in a transaction on Friday, August 1st. The stock was sold at an average price of $98.30, for a total value of $216,260.00. Following the completion of the transaction, the executive vice president owned 626,118 shares of the company's stock, valued at $61,547,399.40. The trade was a 0.35% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 88,841 shares of company stock worth $8,565,205. 0.10% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on WMT shares. JPMorgan Chase & Co. lowered their price target on Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a report on Friday. Tigress Financial upped their price target on Walmart from $115.00 to $120.00 and gave the company a "buy" rating in a report on Wednesday, July 2nd. Mizuho reaffirmed an "outperform" rating and issued a $115.00 price target on shares of Walmart in a report on Wednesday, August 13th. DA Davidson reaffirmed a "buy" rating and issued a $117.00 price target on shares of Walmart in a report on Friday, May 16th. Finally, Oppenheimer upped their price target on Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a report on Wednesday, August 13th. 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 stock. According to MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $110.07.

Walmart Price Performance

Shares of NYSE WMT opened at $96.8190 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.22. The stock has a fifty day moving average price of $97.99 and a 200 day moving average price of $95.63. Walmart Inc. has a 1-year low of $75.01 and a 1-year high of $105.30. The company has a market cap of $772.66 billion, a PE ratio of 36.40, a P/E/G ratio of 4.75 and a beta of 0.66.

Walmart (NYSE:WMT - Get Free Report) last issued 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). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. During the same period in the prior year, the business earned $0.67 earnings per share. 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. Sell-side analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, August 18th will be given a $0.235 dividend. The ex-dividend date is Friday, August 15th. This represents a yield of 90.0%. Walmart's dividend payout ratio is presently 35.34%.

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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