Walmart Inc. $WMT Stock Holdings Increased by E. Ohman J or Asset Management AB

Key Points

• E. Ohman Jor Asset Management increased its Walmart stake by 48.1% in the second quarter, purchasing 55,300 additional shares and bringing its holdings to 170,280 shares valued at approximately $19.3 million.
• Walmart reported quarterly revenue of $177.75 billion, up 7.4% year over year, while earnings per share matched expectations at $0.66. The company issued FY 2027 EPS guidance of $2.75–$2.85.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $138.56, despite one recent downgrade to “market perform.”

E. Ohman J or Asset Management AB boosted its stake in shares of Walmart Inc. (NASDAQ:WMT - Free Report) by 48.1% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 170,280 shares of the retailer's stock after purchasing an additional 55,300 shares during the period. E. Ohman J or Asset Management AB's holdings in Walmart were worth $19,286,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in shares of Walmart by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer's stock valued at $49,015,626,000 after buying an additional 4,304,436 shares during the period. State Street Corp increased its stake in shares of Walmart by 1.2% in the third quarter. State Street Corp now owns 184,805,978 shares of the retailer's stock worth $19,046,104,000 after acquiring an additional 2,242,364 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Walmart by 6.8% during the fourth quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer's stock worth $11,426,753,000 after acquiring an additional 6,517,394 shares in the last quarter. Norges Bank purchased a new stake in shares of Walmart during the fourth quarter worth $6,458,529,000. Finally, Fisher Asset Management LLC boosted its position in Walmart by 0.8% during the fourth quarter. Fisher Asset Management LLC now owns 40,626,852 shares of the retailer's stock valued at $4,526,238,000 after purchasing an additional 328,229 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Walmart Trading Up 0.7%

Shares of WMT stock opened at $112.66 on Tuesday. Walmart Inc. has a 12 month low of $95.42 and a 12 month high of $135.15. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42. The business's 50 day moving average is $114.46 and its two-hundred day moving average is $121.63. The company has a market cap of $896.56 billion, a PE ratio of 39.53, a price-to-earnings-growth ratio of 4.17 and a beta of 0.61.

Walmart (NASDAQ:WMT - Get Free Report) last issued its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, hitting analysts' consensus estimates of $0.66. The business had revenue of $177.75 billion during the quarter, compared to analysts' expectations of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. Walmart's revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.61 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Equities analysts predict that Walmart Inc. will post 2.89 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. BNP Paribas Exane lowered their target price on Walmart from $147.00 to $146.00 and set an "outperform" rating on the stock in a research note on Friday, May 22nd. Mizuho set a $130.00 price target on Walmart in a research note on Monday, July 27th. UBS Group reiterated a "buy" rating on shares of Walmart in a report on Tuesday, August 4th. Wolfe Research reissued an "outperform" rating and issued a $137.00 price target (up from $135.00) on shares of Walmart in a research note on Monday, May 11th. Finally, Oppenheimer downgraded Walmart from an "outperform" rating to a "market perform" rating in a report on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $138.56.

Insider Transactions at Walmart

In other news, Director C Douglas Mcmillon sold 19,416 shares of the firm's stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $118.63, for a total value of $2,303,320.08. Following the sale, the director directly owned 4,174,579 shares of the company's stock, valued at approximately $495,230,306.77. This trade represents a 0.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel J. Bartlett sold 3,775 shares of Walmart stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $109.64, for a total value of $413,891.00. Following the completion of the transaction, the executive vice president owned 630,009 shares in the company, valued at $69,074,186.76. The trade was a 0.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 71,439 shares of company stock worth $8,544,532. Corporate insiders own 0.09% of the company's stock.

About Walmart

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.

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