Walmart Inc. $WMT Stock Position Lowered by Employees Retirement System of Texas

Key Points

• Employees Retirement System of Texas cut its Walmart stake by 1.8% in the fourth quarter, selling 20,100 shares and leaving it with 1,123,700 shares worth about $125.2 million.
• Walmart reported strong quarterly results, with revenue of $177.75 billion, up 7.4% year over year, and earnings per share of $0.66, which matched analyst expectations.
• Despite solid fundamentals, the stock has seen recent selling pressure: Walmart shares were down 1.4% in the latest session, and insiders sold shares over the past three months, while analysts still rate the stock a Moderate Buy with an average target of $138.71.

Employees Retirement System of Texas decreased its position in Walmart Inc. (NASDAQ:WMT - Free Report) by 1.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,123,700 shares of the retailer's stock after selling 20,100 shares during the period. Walmart comprises about 1.0% of Employees Retirement System of Texas' investment portfolio, making the stock its 19th biggest holding. Employees Retirement System of Texas' holdings in Walmart were worth $125,191,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Collier Financial purchased a new stake in shares of Walmart in the third quarter worth approximately $25,000. Entrust Financial LLC purchased a new position in Walmart during the fourth quarter valued at approximately $27,000. Your Advocates Ltd. LLP purchased a new position in Walmart during the third quarter valued at approximately $28,000. Redmont Wealth Advisors LLC acquired a new position in Walmart in the 3rd quarter valued at approximately $30,000. Finally, Beacon Financial Strategies CORP acquired a new position in Walmart in the 4th quarter valued at approximately $30,000. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Walmart Stock Down 1.4%

Walmart stock opened at $118.57 on Wednesday. The company has a market capitalization of $945.12 billion, a P/E ratio of 41.60, a P/E/G ratio of 4.45 and a beta of 0.65. The firm's fifty day simple moving average is $126.51 and its 200-day simple moving average is $120.41. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. Walmart Inc. has a 1-year low of $93.43 and a 1-year high of $135.15.

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

Insiders Place Their Bets

In related news, CEO John R. Furner sold 13,125 shares of the business's stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $121.96, for a total value of $1,600,725.00. Following the completion of the sale, the chief executive officer directly owned 687,287 shares in the company, valued at approximately $83,821,522.52. The trade was a 1.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $132.21, for a total transaction of $2,566,989.36. Following the completion of the transaction, the director directly owned 4,193,995 shares in the company, valued at approximately $554,488,078.95. This represents a 0.46% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 126,008 shares of company stock worth $15,896,715 in the last three months. 0.10% of the stock is owned by insiders.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

• Neutral Sentiment: Walmart is set to join the top 10 of the Russell 3000 during the June 2026 reconstitution, a sign of its large market footprint and institutional relevance. Walmart Joins Russell 3000 Elite As Investors Weigh Q1 Shakeup
• Positive Sentiment: Walmart launched a logistics program to streamline its distribution network, which could improve supplier flow, efficiency, and long-term operating performance. Walmart Debuts Program to Streamline Distribution Network
• Positive Sentiment: Analysts continue to point to Walmart’s expanding higher-margin “second P&L” businesses, including advertising, marketplace fees, and membership income, which support the stock’s long-term growth case. Walmart price target lowered by UBS as Q1 results miss elevated expectations
• Positive Sentiment: Walmart’s Q1 revenue rose 7.3% to $177.8 billion, and global e-commerce jumped 26%, showing that customer demand and digital growth remain strong. Walmart's Q1 Sales Jump 7.3%: Can E-commerce Sustain 26% Growth?
• Neutral Sentiment: Walmart is drawing increased investor attention as a trending stock, reflecting elevated trading interest after earnings. Walmart Inc. (WMT) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Several reports highlight that Walmart’s shares have pulled back sharply after Q1 because fuel and other costs are squeezing margins and management’s outlook came in below expectations. Walmart Sinks 8.1% Post Q1 Earnings: Exit WMT Stock or Stay Put?
• Negative Sentiment: UBS lowered its price target on Walmart after the quarter, reinforcing concerns that investor expectations had gotten too high. Walmart price target lowered by UBS as Q1 results miss elevated expectations
• Negative Sentiment: Walmart issued a nationwide recall for Blackstone parmesan ranch seasoning over a fatal infection risk, creating a reputational and product-safety overhang. Walmart issues nationwide recall for Blackstone parmesan ranch seasoning over fatal infection risk

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Craig Hallum set a $150.00 target price on shares of Walmart in a research note on Friday, March 6th. KeyCorp reiterated an "overweight" rating on shares of Walmart in a report on Friday. Piper Sandler reissued an "overweight" rating and set a $137.00 price objective (up from $130.00) on shares of Walmart in a research report on Friday, May 15th. Weiss Ratings restated a "buy (b)" rating on shares of Walmart in a research note on Monday, April 20th. Finally, Roth Mkm reaffirmed a "buy" rating and issued a $138.00 target price on shares of Walmart in a research report on Friday, February 20th. Two research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Walmart has a consensus rating of "Moderate Buy" and an average target price of $138.71.

Walmart Company Profile

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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