Factory Mutual Insurance Co. Trims Stock Holdings in Walmart Inc. $WMT

Factory Mutual Insurance Co. lowered its position in shares of Walmart Inc. (NYSE:WMT) by 13.9% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 679,576 shares of the retailer’s stock after selling 110,000 shares during the quarter. Factory Mutual Insurance Co.’s holdings in Walmart were worth $66,449,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Atlas Legacy Advisors LLC raised its position in Walmart by 1.1% during the 2nd quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock worth $851,000 after buying an additional 98 shares during the last quarter. Bedel Financial Consulting Inc. increased its stake in shares of Walmart by 0.4% in the first quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer’s stock worth $2,275,000 after acquiring an additional 102 shares during the period. Revolve Wealth Partners LLC raised its holdings in shares of Walmart by 1.1% during the second quarter. Revolve Wealth Partners LLC now owns 9,830 shares of the retailer’s stock worth $961,000 after purchasing an additional 103 shares during the last quarter. RoundAngle Advisors LLC lifted its position in Walmart by 0.4% during the second quarter. RoundAngle Advisors LLC now owns 25,995 shares of the retailer’s stock valued at $2,542,000 after purchasing an additional 105 shares during the period. Finally, Lauterbach Financial Advisors LLC boosted its holdings in Walmart by 1.8% in the first quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer’s stock valued at $517,000 after purchasing an additional 106 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Stock Down 0.2%

Walmart stock opened at $102.40 on Tuesday. The stock has a market capitalization of $816.42 billion, a PE ratio of 38.50, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $109.57. The business has a 50 day simple moving average of $103.13 and a 200-day simple moving average of $99.54. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23.

Walmart (NYSE:WMT) last announced its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The business 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 company’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the business earned $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have weighed in on WMT shares. Tigress Financial lifted their price objective on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, September 3rd. Truist Financial dropped their target price on Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a report on Friday, August 22nd. Wolfe Research began coverage on Walmart in a report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price target for the company. Piper Sandler restated an “overweight” rating and issued a $111.00 price objective on shares of Walmart in a research report on Wednesday, September 24th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Walmart from $127.00 to $128.00 and gave the company an “overweight” rating in a report on Monday. Thirty-two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and an average price target of $113.43.

Insiders Place Their Bets

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction dated Monday, October 20th. The shares were sold at an average price of $107.75, for a total transaction of $431,000.00. Following the completion of the transaction, the executive vice president owned 1,044,455 shares in the company, valued at $112,540,026.25. This represents a 0.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction dated Thursday, October 16th. The shares were sold at an average price of $107.78, for a total transaction of $1,414,612.50. Following the completion of the transaction, the executive vice president directly owned 892,940 shares in the company, valued at $96,241,073.20. This represents a 1.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 151,038 shares of company stock valued at $15,531,616. 0.10% of the stock is owned by company insiders.

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.