Walmart Inc. $WMT Shares Sold by California Public Employees Retirement System

California Public Employees Retirement System lowered its position in Walmart Inc. (NYSE:WMT) by 11.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,048,690 shares of the retailer’s stock after selling 1,374,312 shares during the quarter. Walmart comprises approximately 0.7% of California Public Employees Retirement System’s investment portfolio, making the stock its 19th biggest holding. California Public Employees Retirement System owned 0.14% of Walmart worth $1,080,341,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Brighton Jones LLC raised its position in shares of Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after buying an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Walmart by 5.8% in the fourth 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. Bristlecone Advisors LLC lifted its holdings in shares of Walmart by 4.7% in the first quarter. Bristlecone Advisors LLC now owns 8,110 shares of the retailer’s stock valued at $712,000 after buying an additional 367 shares during the period. Zions Bancorporation National Association UT bought a new position in Walmart during the first quarter valued at about $1,209,000. Finally, Donoghue Forlines LLC grew its holdings in Walmart by 17.5% during the first quarter. Donoghue Forlines LLC now owns 26,428 shares of the retailer’s stock worth $2,320,000 after acquiring an additional 3,928 shares during the period. 26.76% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, SVP David Chojnowski sold 7,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $106.65, for a total transaction of $746,550.00. Following the transaction, the senior vice president directly owned 136,289 shares of the company’s stock, valued at approximately $14,535,221.85. The trade was a 4.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $103.83, for a total transaction of $415,320.00. Following the completion of the transaction, the executive vice president owned 1,048,455 shares in the company, valued at approximately $108,861,082.65. This represents a 0.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 158,013 shares of company stock worth $16,657,847 over the last ninety days. 0.10% of the stock is currently owned by corporate insiders.

Walmart Trading Up 0.3%

NYSE WMT opened at $115.22 on Friday. The firm’s 50 day moving average price is $105.07 and its two-hundred day moving average price is $100.85. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.24 and a current ratio of 0.80. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $116.27. The stock has a market cap of $918.32 billion, a price-to-earnings ratio of 40.29, a PEG ratio of 5.32 and a beta of 0.64.

Walmart (NYSE:WMT) last issued its earnings results on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, topping the consensus estimate of $0.60 by $0.02. The business had revenue of $179.50 billion during the quarter, compared to analysts’ expectations of $175.15 billion. Walmart had a return on equity of 21.31% and a net margin of 3.26%.Walmart’s revenue was up 5.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.58 earnings per share. 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 year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on WMT. Robert W. Baird upped their price target on shares of Walmart from $110.00 to $121.00 and gave the company an “outperform” rating in a report on Friday, November 21st. Sanford C. Bernstein reiterated an “outperform” rating and issued a $122.00 target price (up from $118.00) on shares of Walmart in a report on Friday, November 21st. Royal Bank Of Canada restated an “outperform” rating and set a $116.00 target price on shares of Walmart in a report on Friday, November 21st. Truist Financial upped their price target on Walmart from $109.00 to $119.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Finally, Oppenheimer raised their price objective on Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 13th. Thirty-one equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Walmart presently has an average rating of “Moderate Buy” and a consensus price target of $119.00.

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.