China Universal Asset Management Co. Ltd. Trims Position in Walmart Inc. $WMT

China Universal Asset Management Co. Ltd. decreased its position in shares of Walmart Inc. (NASDAQ:WMT) by 54.0% during the 2nd quarter, HoldingsChannel reports. The fund owned 15,048 shares of the retailer’s stock after selling 17,665 shares during the quarter. China Universal Asset Management Co. Ltd.’s holdings in Walmart were worth $1,471,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of WMT. Atlas Legacy Advisors LLC boosted its holdings in Walmart by 1.1% in the 2nd quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock valued at $851,000 after purchasing an additional 98 shares during the last quarter. Meridian Wealth Partners LLC raised its position in shares of Walmart by 2.1% during the 2nd quarter. Meridian Wealth Partners LLC now owns 4,804 shares of the retailer’s stock valued at $470,000 after buying an additional 99 shares during the period. Revolve Wealth Partners LLC raised its position in shares of Walmart by 1.1% during the 2nd quarter. Revolve Wealth Partners LLC now owns 9,830 shares of the retailer’s stock valued at $961,000 after buying an additional 103 shares during the period. RoundAngle Advisors LLC lifted its holdings in Walmart by 0.4% in the second quarter. RoundAngle Advisors LLC now owns 25,995 shares of the retailer’s stock valued at $2,542,000 after acquiring an additional 105 shares during the last quarter. Finally, PCG Wealth Advisors LLC grew its position in Walmart by 3.6% in the second quarter. PCG Wealth Advisors LLC now owns 3,024 shares of the retailer’s stock worth $296,000 after acquiring an additional 105 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Stock Performance

Shares of Walmart stock opened at $116.70 on Monday. The stock has a market capitalization of $930.12 billion, a price-to-earnings ratio of 40.80, a price-to-earnings-growth ratio of 5.40 and a beta of 0.64. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24. The business has a 50-day moving average of $106.31 and a 200 day moving average of $101.52. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $116.95.

Walmart (NASDAQ:WMT) last released its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (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 analyst estimates of $175.15 billion. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The firm’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, sell-side analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Buying and Selling

In other news, SVP David Chojnowski sold 7,000 shares of Walmart stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $106.65, for a total value of $746,550.00. Following the completion of the transaction, the senior vice president owned 136,289 shares in the company, valued at approximately $14,535,221.85. This trade represents a 4.89% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $107.75, for a total value of $431,000.00. Following the transaction, the executive vice president directly owned 1,044,455 shares of the company’s stock, valued at approximately $112,540,026.25. This represents a 0.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 126,403 shares of company stock valued at $13,386,774. 0.10% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Robert W. Baird raised their target price on Walmart from $110.00 to $121.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. BTIG Research reiterated a “buy” rating and set a $125.00 price target (up from $120.00) on shares of Walmart in a report on Friday, November 21st. Tigress Financial boosted their price objective on shares of Walmart from $125.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, December 3rd. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $123.00 target price on shares of Walmart in a research report on Tuesday, December 9th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $125.00 price target (up from $115.00) on shares of Walmart in a research report on Friday, November 21st. Thirty-one research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $119.31.

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.