Walmart Inc. $WMT Shares Sold by Nissay Asset Management Corp Japan ADV

Key Points

• Nissay Asset Management Corp Japan ADV reduced its stake in Walmart by 49.4%, selling 843,288 shares to hold a total of 862,907 shares valued at approximately $75.76 million.
• Several large investors increased their holdings in Walmart, including Nippon Life Global Investors with a 41.8% increase, and NewEdge Advisors LLC with a 3.9% rise in shares.
• Walmart reported a missed EPS estimate at $0.68, lower than the projected $0.74, and provided a Q3 2026 EPS guidance between 0.580 and 0.600.

Nissay Asset Management Corp Japan ADV reduced its stake in Walmart Inc. (NYSE:WMT - Free Report) by 49.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 862,907 shares of the retailer's stock after selling 843,288 shares during the quarter. Nissay Asset Management Corp Japan ADV's holdings in Walmart were worth $75,755,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. NewEdge Advisors LLC lifted its holdings in shares of Walmart by 3.9% in the 1st quarter. NewEdge Advisors LLC now owns 955,086 shares of the retailer's stock worth $83,847,000 after acquiring an additional 35,559 shares during the last quarter. Nippon Life Global Investors Americas Inc. increased its stake in Walmart by 41.8% during the 1st quarter. Nippon Life Global Investors Americas Inc. now owns 336,460 shares of the retailer's stock worth $29,609,000 after buying an additional 99,150 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Walmart by 5.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 616,348 shares of the retailer's stock worth $54,109,000 after buying an additional 31,470 shares during the period. Infusive Asset Management Inc. increased its stake in Walmart by 24.5% during the 1st quarter. Infusive Asset Management Inc. now owns 162,699 shares of the retailer's stock worth $14,283,000 after buying an additional 32,025 shares during the period. Finally, Integrated Wealth Concepts LLC increased its stake in Walmart by 1.3% during the 1st quarter. Integrated Wealth Concepts LLC now owns 224,385 shares of the retailer's stock worth $19,699,000 after buying an additional 2,964 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Walmart

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the company's stock in a transaction on Monday, July 21st. The shares were sold at an average price of $95.14, for a total value of $380,560.00. Following the completion of the transaction, the executive vice president owned 1,056,455 shares in the company, valued at approximately $100,511,128.70. This represents a 0.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company's stock in a transaction on 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 owned 4,412,398 shares of the company's stock, valued at approximately $421,737,000.84. The trade was a 0.44% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 121,382 shares of company stock worth $11,718,441. Corporate insiders own 0.10% of the company's stock.

Walmart Trading Up 1.4%

Shares of NYSE:WMT opened at $100.86 on Friday. Walmart Inc. has a 52 week low of $76.30 and a 52 week high of $105.30. The company's 50 day moving average is $98.23 and its two-hundred day moving average is $95.26. 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 $804.17 billion, a PE ratio of 37.92, a P/E/G ratio of 4.78 and a beta of 0.65.

Walmart (NYSE:WMT - Get Free Report) last issued its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (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 company had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same quarter in the previous year, the company posted $0.67 EPS. The company's quarterly 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. Equities analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on WMT shares. Tigress Financial upped their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research note on Wednesday. Telsey Advisory Group upped their target price on shares of Walmart from $115.00 to $118.00 and gave the stock an "outperform" rating in a research note on Friday, August 22nd. JPMorgan Chase & Co. cut their target price on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a research note on Friday, August 22nd. Truist Financial cut 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. Finally, Erste Group Bank raised shares of Walmart from a "hold" rating to a "buy" rating in a research note on Tuesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Walmart presently has a consensus rating of "Buy" and an average price target of $110.76.

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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