Walmart Inc. $WMT Shares Sold by AQR Capital Management LLC

AQR Capital Management LLC decreased its holdings in Walmart Inc. (NASDAQ:WMT) by 6.1% in the second quarter, Holdings Channel reports. The firm owned 4,049,000 shares of the retailer’s stock after selling 262,382 shares during the period. AQR Capital Management LLC’s holdings in Walmart were worth $394,292,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in shares of Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after purchasing an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC boosted its position in 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 last quarter. Vestmark Advisory Solutions Inc. increased its holdings in Walmart by 84.6% in the 1st quarter. Vestmark Advisory Solutions Inc. now owns 19,196 shares of the retailer’s stock worth $1,685,000 after buying an additional 8,798 shares during the period. Cookson Peirce & Co. Inc. raised its position in Walmart by 46.7% during the 1st quarter. Cookson Peirce & Co. Inc. now owns 4,208 shares of the retailer’s stock worth $369,000 after buying an additional 1,340 shares during the last quarter. Finally, Fox Run Management L.L.C. purchased a new position in Walmart during the 1st quarter worth approximately $510,000. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on WMT shares. Bank of America upped their price objective on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, September 17th. Jefferies Financial Group restated a “buy” rating on shares of Walmart in a research report on Tuesday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Walmart in a research report on Wednesday, October 8th. The Goldman Sachs Group lifted their price objective on Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, August 22nd. Finally, Robert W. Baird boosted their price objective on Walmart from $110.00 to $121.00 and gave the company an “outperform” rating in a report on Friday, November 21st. Thirty-one equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $119.31.

Walmart Stock Performance

NASDAQ:WMT opened at $116.70 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.24 and a current ratio of 0.80. The stock has a market capitalization of $930.12 billion, a PE ratio of 40.80, a P/E/G ratio of 5.34 and a beta of 0.64. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $116.95. The company has a fifty day moving average of $106.31 and a two-hundred day moving average of $101.46.

Walmart (NASDAQ:WMT) last released 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. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The business had revenue of $179.50 billion during the quarter, compared to analysts’ expectations of $175.15 billion. During the same quarter in the previous year, the company earned $0.58 earnings per share. The company’s quarterly revenue was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Transactions at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction dated Thursday, September 25th. The shares were sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the completion of the sale, the chief executive officer directly owned 4,373,576 shares in the company, valued at approximately $451,396,778.96. This trade represents a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP David Chojnowski sold 7,000 shares of the business’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $106.65, for a total transaction of $746,550.00. Following the completion of the transaction, the senior vice president owned 136,289 shares in the company, valued at $14,535,221.85. The trade was a 4.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 128,013 shares of company stock valued at $13,553,747 in the last 90 days. 0.10% of the stock is owned by company 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.