Walmart Inc. $WMT Shares Sold by Associated Banc Corp

Associated Banc Corp trimmed its holdings in Walmart Inc. (NYSE:WMT) by 3.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 115,344 shares of the retailer’s stock after selling 4,127 shares during the quarter. Associated Banc Corp’s holdings in Walmart were worth $11,278,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Access Investment Management LLC acquired a new position in Walmart in the second quarter valued at $26,000. Operose Advisors LLC grew its holdings in shares of Walmart by 319.7% during the first 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 increased its position in Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after acquiring an additional 233 shares during the period. Ridgewood Investments LLC raised its stake in Walmart by 55.3% during the 2nd 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 last quarter. Finally, Clal Insurance Enterprises Holdings Ltd raised its stake in Walmart by 432.4% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock valued at $32,000 after acquiring an additional 294 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on WMT shares. Guggenheim reiterated a “buy” rating and issued a $120.00 target price (up from $115.00) on shares of Walmart in a research note on Friday. Morgan Stanley reissued an “overweight” rating and issued a $125.00 price objective (up from $115.00) on shares of Walmart in a research note on Friday. Wolfe Research assumed coverage on shares of Walmart in a research report on Thursday, September 18th. They set an “outperform” rating and a $129.00 price objective for the company. Mizuho restated an “outperform” rating and issued a $115.00 target price on shares of Walmart in a research note on Wednesday, August 13th. Finally, UBS Group reaffirmed a “buy” rating on shares of Walmart in a report on Friday, November 14th. Thirty-one equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $118.55.

Walmart Stock Performance

WMT opened at $103.85 on Tuesday. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $109.57. The stock has a market cap of $827.98 billion, a P/E ratio of 39.04, a P/E/G ratio of 4.83 and a beta of 0.67. The stock’s 50 day simple moving average is $103.53 and its 200 day simple moving average is $99.96. 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 posted its earnings results on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. The company had revenue of $179.50 billion for the quarter, compared to the consensus estimate of $175.15 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.Walmart’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, equities analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $101.63, for a total value of $406,520.00. Following the sale, the executive vice president directly owned 1,040,455 shares in the company, valued at $105,741,441.65. This represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $104.75, for a total transaction of $1,374,843.75. Following the transaction, the executive vice president directly owned 879,815 shares of the company’s stock, valued at approximately $92,160,621.25. This trade represents a 1.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 151,013 shares of company stock worth $15,616,747. 0.10% of the stock is owned by company insiders.

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.