Walmart Inc. $WMT is Aspen Investment Management Inc’s 9th Largest Position

Aspen Investment Management Inc decreased its holdings in shares of Walmart Inc. (NYSE:WMT) by 1.3% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 46,893 shares of the retailer’s stock after selling 609 shares during the quarter. Walmart comprises about 1.9% of Aspen Investment Management Inc’s investment portfolio, making the stock its 9th biggest position. Aspen Investment Management Inc’s holdings in Walmart were worth $4,585,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in WMT. Access Investment Management LLC purchased a new stake in Walmart in the second quarter valued at approximately $26,000. Operose Advisors LLC increased its holdings in shares of Walmart by 319.7% during the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after buying an additional 243 shares during the last quarter. PFS Partners LLC raised its position in shares of Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after buying an additional 233 shares during the period. Ridgewood Investments LLC grew its position in Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after acquiring an additional 115 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd increased its stake in Walmart by 432.4% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after acquiring an additional 294 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Stock Down 0.1%

WMT stock opened at $102.43 on Monday. The firm has a market cap of $816.68 billion, a price-to-earnings ratio of 38.51, a PEG ratio of 4.83 and a beta of 0.67. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $109.57. The firm has a fifty day moving average price of $103.40 and a two-hundred day moving average price of $99.74. 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) last announced its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The business 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%. Walmart’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Research analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on WMT shares. BTIG Research began coverage on Walmart in a report on Tuesday, October 14th. They set a “buy” rating and a $120.00 target price for the company. Bank of America raised their target price on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. UBS Group reaffirmed a “buy” rating on shares of Walmart in a research report on Friday. Evercore ISI reiterated an “outperform” rating and issued a $111.00 price target (up from $110.00) on shares of Walmart in a report on Tuesday, October 21st. Finally, Telsey Advisory Group restated an “outperform” rating and set a $118.00 price objective on shares of Walmart in a research note on Friday. Thirty-two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $113.50.

Insiders Place Their Bets

In related news, EVP John D. Rainey sold 2,200 shares of the stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $101.18, for a total value of $222,596.00. Following the sale, the executive vice president owned 619,518 shares of the company’s stock, valued at $62,682,831.24. This trade represents a 0.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction dated Thursday, October 16th. The shares were sold at an average price of $107.78, for a total transaction of $1,414,612.50. Following the transaction, the executive vice president directly owned 892,940 shares of the company’s stock, valued at $96,241,073.20. The trade was a 1.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 149,383 shares of company stock worth $15,365,487. 0.10% of the stock is currently owned by insiders.

Walmart Company 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.