Walmart Inc. $WMT Stock Position Lifted by Nordea Investment Management AB

Key Points

• Nordea Investment Management AB increased its position in Walmart by 1.0%, bringing its total shares to 2,460,416, valued at approximately $237 million.
• Walmart's recent quarterly earnings showed an EPS of $0.68, falling short of analysts' expectations of $0.74, with revenues also below estimates at $169.34 billion.
• Analyst ratings on Walmart are generally positive, with a consensus rating of "Moderate Buy" and a target price averaging $112.63.

Nordea Investment Management AB grew its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 1.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,460,416 shares of the retailer's stock after buying an additional 25,222 shares during the period. Nordea Investment Management AB's holdings in Walmart were worth $237,381,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in WMT. Brighton Jones LLC raised its position in shares of Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock worth $8,868,000 after purchasing an additional 21,939 shares during the period. Revolve Wealth Partners LLC raised its position in shares of Walmart by 5.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock worth $800,000 after purchasing an additional 485 shares during the period. Mainstream Capital Management LLC raised its position in shares of Walmart by 13.6% during the 1st quarter. Mainstream Capital Management LLC now owns 12,345 shares of the retailer's stock worth $1,084,000 after purchasing an additional 1,474 shares during the period. GAMMA Investing LLC raised its position in shares of Walmart by 13.9% during the 1st quarter. GAMMA Investing LLC now owns 90,440 shares of the retailer's stock worth $7,940,000 after purchasing an additional 11,018 shares during the period. Finally, ORG Wealth Partners LLC raised its position in shares of Walmart by 260.6% during the 1st quarter. ORG Wealth Partners LLC now owns 47,940 shares of the retailer's stock worth $4,259,000 after purchasing an additional 34,647 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently weighed in on WMT shares. Truist Financial dropped their price target on Walmart from $111.00 to $109.00 and set a "buy" rating on the stock in a research report on Friday, August 22nd. Telsey Advisory Group restated an "outperform" rating and issued a $118.00 target price on shares of Walmart in a research report on Wednesday, September 24th. Oppenheimer raised their target price on Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research report on Wednesday, August 13th. JPMorgan Chase & Co. lowered their target price on Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a research report on Friday, August 22nd. Finally, Wolfe Research started coverage on Walmart in a research report on Thursday, September 18th. They issued an "outperform" rating and a $129.00 target price on the stock. Thirty-one investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $112.63.

Walmart Stock Performance

Shares of NYSE WMT opened at $107.80 on Friday. The stock has a fifty day moving average price of $101.69 and a two-hundred day moving average price of $97.86. 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 has a market cap of $859.50 billion, a P/E ratio of 40.53, a PEG ratio of 5.02 and a beta of 0.67. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $109.57.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). The firm had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Transactions at Walmart

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the firm's stock in a transaction on Thursday, July 24th. The stock was sold at an average price of $95.58, for a total transaction of $1,855,781.28. Following the completion of the sale, 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 transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP John R. Furner sold 13,125 shares of the firm's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $98.55, for a total value of $1,293,468.75. Following the sale, the executive vice president directly owned 919,189 shares of the company's stock, valued at approximately $90,586,075.95. This represents a 1.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 151,038 shares of company stock valued at $15,249,614. Company insiders own 0.10% of the company's stock.

Walmart 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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