Candriam S.C.A. Decreases Stock Position in Walmart Inc. $WMT

Candriam S.C.A. trimmed its holdings in Walmart Inc. (NYSE:WMT) by 2.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 709,945 shares of the retailer’s stock after selling 19,055 shares during the period. Candriam S.C.A.’s holdings in Walmart were worth $69,421,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Access Investment Management LLC acquired a new position in shares of Walmart during the 2nd quarter worth approximately $26,000. Operose Advisors LLC grew its holdings in Walmart by 319.7% during the 1st 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 increased its position in Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after buying an additional 233 shares in the last quarter. Bear Mountain Capital Inc. raised its holdings in shares of Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock worth $32,000 after acquiring an additional 167 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd lifted its position in shares of Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock valued at $32,000 after acquiring an additional 294 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Activity at Walmart

In other news, 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 transaction of $431,000.00. Following the completion of the sale, the executive vice president owned 1,044,455 shares in the company, valued at approximately $112,540,026.25. The trade was a 0.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction that occurred on Thursday, October 23rd. The shares were sold at an average price of $107.18, for a total transaction of $2,081,006.88. Following the completion of the transaction, the chief executive officer owned 4,354,162 shares in the company, valued at $466,679,083.16. The trade was a 0.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 151,038 shares of company stock valued at $15,531,616 over the last three months. Insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. DA Davidson set a $117.00 price objective on Walmart in a research report on Wednesday, October 15th. Bank of America lifted their price target on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Oppenheimer upped their price objective on shares of Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a research note on Wednesday, August 13th. UBS Group reaffirmed a “buy” rating and issued a $122.00 target price (up from $110.00) on shares of Walmart in a research note on Thursday, October 23rd. Finally, Mizuho reiterated an “outperform” rating and issued a $115.00 price target on shares of Walmart in a report on Wednesday, August 13th. Thirty-two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $113.50.

Walmart Stock Performance

Shares of WMT stock opened at $103.47 on Thursday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The firm has a market capitalization of $824.92 billion, a price-to-earnings ratio of 38.90, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. Walmart Inc. has a one year low of $79.81 and a one year high of $109.57. The company has a 50 day moving average price of $103.33 and a 200 day moving average price of $99.63.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). The company had revenue of $169.34 billion for the quarter, compared to analysts’ expectations of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Sell-side analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

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.