Walmart Inc. $WMT Shares Sold by Lansforsakringar Fondforvaltning AB publ

Key Points

• Lansforsakringar Fondforvaltning AB publ reduced its stake in Walmart by 2.6%, owning approximately 1.4 million shares valued at $123.5 million as of the end of the first quarter.
• Walmart reported a quarterly earnings miss with $0.68 EPS, below the consensus estimate of $0.74, and revenue of $169.34 billion compared to expected $174.02 billion.
• Walmart announced a dividend of $0.235 per share to be paid on September 2nd, with a dividend yield of 90.0% and a payout ratio of 35.34%.

Lansforsakringar Fondforvaltning AB publ lowered its position in Walmart Inc. (NYSE:WMT - Free Report) by 2.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,406,767 shares of the retailer's stock after selling 37,208 shares during the quarter. Walmart comprises approximately 0.8% of Lansforsakringar Fondforvaltning AB publ's investment portfolio, making the stock its 21st biggest holding. Lansforsakringar Fondforvaltning AB publ's holdings in Walmart were worth $123,500,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Operose Advisors LLC raised its holdings in shares of Walmart by 319.7% during the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock valued at $28,000 after purchasing an additional 243 shares in the last quarter. Bear Mountain Capital Inc. raised its holdings in shares of Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock valued at $32,000 after purchasing an additional 167 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of Walmart by 432.4% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock valued at $32,000 after purchasing an additional 294 shares in the last quarter. EQ Wealth Advisors LLC acquired a new position in Walmart in the 1st quarter valued at $35,000. Finally, Lipe & Dalton grew its stake in Walmart by 95.2% in the 1st quarter. Lipe & Dalton now owns 410 shares of the retailer's stock valued at $36,000 after buying an additional 200 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction dated Thursday, July 24th. The shares were sold at an average price of $95.58, for a total transaction of $1,855,781.28. Following the completion of the transaction, the chief executive officer directly owned 4,412,398 shares of the company's stock, valued at $421,737,000.84. This trade represents a 0.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $95.24, for a total transaction of $380,960.00. Following the transaction, the executive vice president directly owned 1,060,455 shares of the company's stock, valued at $100,997,734.20. This represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 101,966 shares of company stock valued at $9,858,673. Company insiders own 0.10% of the company's stock.

Analyst Upgrades and Downgrades

WMT has been the topic of a number of research analyst reports. Mizuho reiterated an "outperform" rating and issued a $115.00 target price on shares of Walmart in a research note on Wednesday, August 13th. Truist Financial lowered their target price on shares of Walmart from $111.00 to $109.00 and set a "buy" rating on the stock in a research note on Friday, August 22nd. Telsey Advisory Group raised their target price 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. Oppenheimer raised their target price on shares of Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research note on Wednesday, August 13th. Finally, Royal Bank Of Canada restated an "outperform" rating and issued a $106.00 price target on shares of Walmart in a research report on Friday, August 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $110.59.

Walmart Price Performance

Shares of Walmart stock opened at $96.10 on Thursday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The firm's 50-day simple moving average is $98.09 and its 200-day simple moving average is $95.50. Walmart Inc. has a twelve month low of $75.67 and a twelve month high of $105.30. The firm has a market cap of $766.89 billion, a P/E ratio of 36.13, a price-to-earnings-growth ratio of 4.62 and a beta of 0.66.

Walmart (NYSE:WMT - Get Free Report) last issued its 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 net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. During the same quarter last year, the firm posted $0.67 earnings per share. Walmart's revenue was up 4.8% on a year-over-year basis. 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, research analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The company also recently declared a dividend, which will be paid on Tuesday, September 2nd. Investors of record on Monday, August 18th will be issued a dividend of $0.235 per share. This represents a yield of 90.0%. The ex-dividend date of this dividend is Friday, August 15th. Walmart's dividend payout ratio (DPR) is currently 35.34%.

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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