LGT Fund Management Co Ltd. Reduces Holdings in Walmart Inc. $WMT

LGT Fund Management Co Ltd. trimmed its stake in Walmart Inc. (NYSE:WMT) by 52.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,864 shares of the retailer’s stock after selling 36,510 shares during the period. LGT Fund Management Co Ltd.’s holdings in Walmart were worth $3,213,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Operose Advisors LLC grew its position in shares of Walmart by 319.7% in 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 grew its position in shares of Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after buying an additional 233 shares during the last quarter. Ridgewood Investments LLC grew its position in shares of Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after buying an additional 115 shares during the last quarter. Bear Mountain Capital Inc. grew its position in shares of Walmart by 98.2% in the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock valued at $32,000 after buying an additional 167 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd grew its position in shares of Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock valued at $32,000 after buying an additional 294 shares during the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Stock Up 0.4%

WMT stock opened at $102.15 on Friday. Walmart Inc. has a one year low of $78.98 and a one year high of $106.11. The stock has a market capitalization of $814.46 billion, a PE ratio of 38.40, a price-to-earnings-growth ratio of 4.81 and a beta of 0.67. 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 company has a fifty day moving average of $100.77 and a 200-day moving average of $96.68.

Walmart (NYSE:WMT) last released its earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same quarter last year, the business posted $0.67 EPS. The firm’s revenue was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. As a group, analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have issued reports on WMT shares. Wolfe Research started coverage on shares of Walmart in a research report on Thursday, September 18th. They set an “outperform” rating and a $129.00 price objective on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a research report on Saturday, September 27th. KeyCorp raised their price objective on shares of Walmart from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Monday, June 9th. Guggenheim reissued a “buy” rating and set a $115.00 price objective (up from $112.00) on shares of Walmart in a research report on Monday, August 18th. Finally, Evercore ISI reissued an “outperform” rating and set a $110.00 price objective (up from $108.00) on shares of Walmart in a research report on Monday, August 18th. Thirty research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $112.38.

Insider Activity

In related news, EVP John D. Rainey sold 2,200 shares of the business’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total transaction of $222,926.00. Following the sale, the executive vice president owned 621,718 shares of the company’s stock, valued at approximately $62,998,684.94. The trade was a 0.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Daniel J. Bartlett sold 1,610 shares of the business’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $103.71, for a total transaction of $166,973.10. Following the sale, the executive vice president directly owned 645,968 shares in the company, valued at approximately $66,993,341.28. This represents a 0.25% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 151,232 shares of company stock valued at $15,083,877 in the last quarter. Insiders own 0.10% of the company’s stock.

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.