Woodline Partners LP Has $32.18 Million Holdings in Walmart Inc. $WMT

Key Points

• Woodline Partners LP increased its stake in Walmart Inc. by 40.6% in the first quarter, holding a total of 366,499 shares valued at $32.2 million.
• Other institutional investors, including Monument Capital Management and Ally Financial Inc., also modified their holdings in Walmart during the same period, contributing to 26.76% of the stock being owned by such investors.
• Walmart's CEO and EVP sold shares in July, with the CEO decreasing their ownership by 0.44% and the EVP by 0.38%, amid reports indicating that Walmart's earnings missed analysts' expectations.

Woodline Partners LP lifted its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 40.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 366,499 shares of the retailer's stock after acquiring an additional 105,824 shares during the period. Woodline Partners LP's holdings in Walmart were worth $32,175,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in WMT. Brighton Jones LLC increased its holdings in Walmart by 28.8% in the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock valued at $8,868,000 after acquiring an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC boosted its position in Walmart by 5.8% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock valued at $800,000 after buying an additional 485 shares during the period. Highview Capital Management LLC DE boosted its position in Walmart by 4.9% in the 4th quarter. Highview Capital Management LLC DE now owns 36,945 shares of the retailer's stock valued at $3,338,000 after buying an additional 1,720 shares during the period. Janus Henderson Group PLC lifted its position in shares of Walmart by 17.4% in the 4th quarter. Janus Henderson Group PLC now owns 752,624 shares of the retailer's stock worth $68,037,000 after purchasing an additional 111,513 shares during the period. Finally, Lazard Asset Management LLC lifted its position in shares of Walmart by 64.8% in the 4th quarter. Lazard Asset Management LLC now owns 508,433 shares of the retailer's stock worth $45,936,000 after purchasing an additional 199,931 shares during the period. Hedge funds and other institutional investors own 26.76% of the company's stock.

Insider Activity at Walmart

In other Walmart news, EVP John D. Rainey sold 2,200 shares of the stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $98.30, for a total value of $216,260.00. Following the completion of the sale, the executive vice president owned 626,118 shares of the company's stock, valued at $61,547,399.40. This trade represents a 0.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm's stock in a transaction that occurred 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 sale, the chief executive officer directly owned 4,412,398 shares of the company's stock, valued at $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 sold 121,382 shares of company stock worth $11,718,441. 0.10% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms recently commented on WMT. JPMorgan Chase & Co. reduced their price objective on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a research note on Friday, August 22nd. The Goldman Sachs Group upped their target price on Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a research note on Friday, August 22nd. Tigress Financial increased their price target on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday, September 3rd. KeyCorp increased their price objective on shares of Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a report on Monday, June 9th. Finally, Telsey Advisory Group increased their price objective on shares of Walmart from $115.00 to $118.00 and gave the company an "outperform" rating in a 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 given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $110.76.

Walmart Stock Up 2.2%

Shares of NYSE:WMT traded up $2.23 during trading on Thursday, hitting $102.64. 15,893,966 shares of the company were exchanged, compared to its average volume of 17,623,236. The firm's 50 day moving average price is $98.61 and its 200-day moving average price is $95.37. The stock has a market capitalization of $818.33 billion, a P/E ratio of 38.59, a PEG ratio of 4.82 and a beta of 0.65. Walmart Inc. has a 12-month low of $77.49 and a 12-month high of $105.30. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23.

Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same period in the prior year, the firm posted $0.67 earnings per share. The business's quarterly revenue was up 4.8% compared to the same quarter last year. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

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.