Walmart Inc. $WMT Shares Acquired by Chevy Chase Trust Holdings LLC

Key Points

• Chevy Chase Trust Holdings LLC increased its stake in Walmart by 0.6%, acquiring a total of 2,305,073 shares valued at approximately $225 million, making Walmart the fund's 19th largest position.
• Walmart's stock is currently down 2.5%, trading at $106.30, with a market cap of $847.51 billion and a PE ratio of 39.96.
• Recent insider activity saw EVP Kathryn J. Mclay and EVP John R. Furner sell shares valued at over $1.7 million combined, reflecting a decrease in their respective holdings.

Chevy Chase Trust Holdings LLC lifted its position in Walmart Inc. (NYSE:WMT - Free Report) by 0.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,305,073 shares of the retailer's stock after purchasing an additional 12,749 shares during the quarter. Walmart comprises 0.7% of Chevy Chase Trust Holdings LLC's holdings, making the stock its 19th largest position. Chevy Chase Trust Holdings LLC's holdings in Walmart were worth $225,390,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of WMT. Operose Advisors LLC raised its stake in shares of Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after purchasing an additional 243 shares during the last quarter. PFS Partners LLC raised its stake in shares of Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer's stock worth $31,000 after purchasing an additional 233 shares during the last quarter. Bear Mountain Capital Inc. raised its stake in shares of Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after purchasing an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd raised its stake 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 purchasing an additional 294 shares during the last quarter. Finally, Ridgewood Investments LLC raised its stake in shares of Walmart by 55.3% in the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock worth $32,000 after purchasing an additional 115 shares during the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Walmart

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the company's stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $103.83, for a total transaction of $415,320.00. Following the sale, the executive vice president owned 1,048,455 shares in the company, valued at $108,861,082.65. 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 this link. Also, EVP John R. Furner sold 13,125 shares of the company's stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $103.74, for a total value of $1,361,587.50. Following the sale, the executive vice president owned 906,064 shares in the company, valued at approximately $93,995,079.36. This trade represents a 1.43% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 136,363 shares of company stock worth $13,668,438 over the last quarter. 0.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

WMT has been the subject of several recent research reports. Truist Financial reduced their price target on Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a research report on Friday, August 22nd. Mizuho reiterated an "outperform" rating and set a $115.00 price target on shares of Walmart in a research report on Wednesday, August 13th. The Goldman Sachs Group lifted their price target on Walmart from $101.00 to $114.00 and gave the company a "buy" rating in a research report on Friday, August 22nd. Oppenheimer lifted their price target on Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research report on Wednesday, August 13th. Finally, Wolfe Research initiated coverage on Walmart in a research report on Thursday, September 18th. They issued an "outperform" rating and a $129.00 price objective for the company. Thirty-one equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Walmart has an average rating of "Moderate Buy" and an average price target of $112.63.

Walmart Stock Down 2.5%

Walmart stock opened at $106.30 on Friday. The stock has a market capitalization of $847.51 billion, a PE ratio of 39.96, a price-to-earnings-growth ratio of 5.14 and a beta of 0.67. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $109.58. The business has a 50 day simple moving average of $101.61 and a 200-day simple moving average of $97.73. 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 (NYSE:WMT - Get Free Report) last released its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). The company had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business's quarterly revenue was up 4.8% on a year-over-year basis. During the same period last year, the firm posted $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

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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