Amundi Increases Stock Holdings in Walmart Inc. $WMT

Amundi increased its stake in shares of Walmart Inc. (NYSE:WMT) by 23.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,493,644 shares of the retailer’s stock after acquiring an additional 3,710,506 shares during the quarter. Walmart comprises approximately 0.7% of Amundi’s portfolio, making the stock its 19th largest holding. Amundi’s holdings in Walmart were worth $1,902,775,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Access Investment Management LLC acquired a new stake in shares of Walmart in the 2nd quarter valued at about $26,000. Operose Advisors LLC lifted its stake in Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after buying an additional 243 shares during the last quarter. PFS Partners LLC boosted its holdings in shares of Walmart by 267.8% in the second 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. Clal Insurance Enterprises Holdings Ltd grew its position in shares of 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. Finally, Ridgewood Investments LLC grew its position in shares of Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after acquiring an additional 115 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Up 0.4%

Shares of NYSE WMT opened at $114.85 on Friday. The firm’s 50-day moving average is $104.82 and its two-hundred day moving average is $100.71. The company has a market capitalization of $915.68 billion, a PE ratio of 40.16, a price-to-earnings-growth ratio of 5.29 and a beta of 0.64. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $114.89. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.02. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The firm had revenue of $179.50 billion during the quarter, compared to the consensus estimate of $175.15 billion. During the same period in the previous year, the firm posted $0.58 EPS. The company’s quarterly revenue was up 5.8% compared to the same quarter last year. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Equities analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Wolfe Research initiated coverage on shares of Walmart in a research note on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price objective on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. BTIG Research restated a “buy” rating and issued a $125.00 price target (up previously from $120.00) on shares of Walmart in a research report on Friday, November 21st. UBS Group set a $130.00 price objective on Walmart in a research note on Wednesday. Finally, 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, November 21st. Thirty-one research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $119.00.

Insiders Place Their Bets

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $101.63, for a total transaction of $406,520.00. Following the sale, the executive vice president owned 1,040,455 shares of the company’s stock, valued at $105,741,441.65. This trade represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction dated Friday, November 28th. The stock was sold at an average price of $109.57, for a total value of $2,127,411.12. Following the sale, the chief executive officer owned 4,334,747 shares of the company’s stock, valued at approximately $474,958,228.79. This represents a 0.45% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 158,013 shares of company stock valued at $16,657,847. Insiders own 0.10% of the company’s stock.

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.