ABN AMRO Bank N.V. Sells 5,026 Shares of Walmart Inc. $WMT

ABN AMRO Bank N.V. cut its position in Walmart Inc. (NASDAQ:WMT) by 9.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 47,714 shares of the retailer’s stock after selling 5,026 shares during the quarter. ABN AMRO Bank N.V.’s holdings in Walmart were worth $5,961,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Walmart by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer’s stock valued at $49,015,626,000 after purchasing an additional 4,304,436 shares in the last quarter. State Street Corp increased its stake in shares of Walmart by 1.2% in the third quarter. State Street Corp now owns 184,805,978 shares of the retailer’s stock valued at $19,046,104,000 after buying an additional 2,242,364 shares during the period. Geode Capital Management LLC raised its holdings in Walmart by 6.8% in the 4th quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer’s stock valued at $11,426,753,000 after buying an additional 6,517,394 shares during the last quarter. Norges Bank bought a new position in Walmart in the 4th quarter valued at approximately $6,458,529,000. Finally, Fisher Asset Management LLC boosted its position in Walmart by 0.8% during the 4th quarter. Fisher Asset Management LLC now owns 40,626,852 shares of the retailer’s stock worth $4,526,238,000 after buying an additional 328,229 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Buying and Selling

In other news, EVP David W. Guggina sold 11,978 shares of Walmart stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total value of $1,435,203.96. Following the completion of the sale, the executive vice president owned 125,067 shares in the company, valued at $14,985,527.94. The trade was a 8.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO John R. Furner sold 13,125 shares of the business’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $124.84, for a total transaction of $1,638,525.00. Following the transaction, the chief executive officer owned 674,162 shares in the company, valued at $84,162,384.08. The trade was a 1.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 100,730 shares of company stock worth $12,444,624 over the last three months. Insiders own 0.09% of the company’s stock.

Walmart Price Performance

Shares of NASDAQ WMT opened at $114.60 on Tuesday. The company has a market capitalization of $912.00 billion, a PE ratio of 40.21, a P/E/G ratio of 4.31 and a beta of 0.60. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42. Walmart Inc. has a twelve month low of $94.23 and a twelve month high of $135.15. The firm has a fifty day simple moving average of $123.54 and a 200 day simple moving average of $122.22.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, meeting analysts’ consensus estimates of $0.66. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The business had revenue of $177.75 billion for the quarter, compared to analysts’ expectations of $174.84 billion. During the same quarter in the prior year, the firm posted $0.61 earnings per share. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. On average, sell-side analysts forecast that Walmart Inc. will post 2.89 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. UBS Group set a $141.00 price objective on Walmart and gave the company a “buy” rating in a report on Friday, May 22nd. BTIG Research reaffirmed a “buy” rating and set a $145.00 target price on shares of Walmart in a report on Wednesday, June 3rd. KeyCorp reiterated an “overweight” rating on shares of Walmart in a research report on Friday, May 22nd. BNP Paribas Exane decreased their price target on Walmart from $147.00 to $146.00 and set an “outperform” rating for the company in a research note on Friday, May 22nd. Finally, Craig Hallum set a $150.00 price objective on Walmart in a research report on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Walmart currently has an average rating of “Moderate Buy” and an average price target of $138.85.

Walmart Company Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.