Migdal Insurance & Financial Holdings Ltd. Sells 221 Shares of Walmart Inc. $WMT

Migdal Insurance & Financial Holdings Ltd. cut its stake in shares of Walmart Inc. (NYSE:WMT) by 4.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,829 shares of the retailer’s stock after selling 221 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in Walmart were worth $472,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of WMT. Weatherly Asset Management L. P. grew its holdings in shares of Walmart by 7.0% during the second quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock worth $5,489,000 after purchasing an additional 3,696 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management grew its holdings in shares of Walmart by 34.6% during the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock worth $3,355,000 after purchasing an additional 9,831 shares in the last quarter. Ally Financial Inc. purchased a new position in shares of Walmart during the first quarter worth about $2,107,000. Night Squared LP purchased a new position in shares of Walmart during the first quarter worth about $1,052,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Walmart by 11.8% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 7,959,752 shares of the retailer’s stock worth $698,787,000 after purchasing an additional 838,689 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.

Walmart Stock Performance

Shares of WMT stock opened at $102.38 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. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $109.57. The stock has a 50 day moving average price of $102.28 and a two-hundred day moving average price of $99.05. The company has a market capitalization of $816.27 billion, a P/E ratio of 38.49, a PEG ratio of 4.86 and a beta of 0.67.

Walmart (NYSE:WMT) last announced its earnings results on Thursday, August 21st. The retailer reported $0.68 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 the consensus estimate of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. Walmart’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the company 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. Analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Analysts Set New Price Targets

WMT has been the subject of several research reports. Piper Sandler reaffirmed an “overweight” rating and issued a $111.00 target price on shares of Walmart in a research note on Wednesday, September 24th. Royal Bank Of Canada set a $116.00 target price on Walmart and gave the stock an “outperform” rating in a research note on Wednesday. Evercore ISI reaffirmed an “outperform” rating and issued a $111.00 target price (up previously from $110.00) on shares of Walmart in a research note on Tuesday, October 21st. UBS Group reaffirmed a “buy” rating and issued a $122.00 target price (up previously from $110.00) on shares of Walmart in a research note on Thursday, October 23rd. Finally, Erste Group Bank raised Walmart from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Thirty-one investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $113.40.

Insiders Place Their Bets

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $103.83, for a total transaction of $415,320.00. Following the completion of the transaction, the executive vice president owned 1,048,455 shares in the company, valued at $108,861,082.65. This represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction that occurred on Thursday, September 25th. The shares were sold at an average price of $103.21, for a total value of $2,003,925.36. Following the transaction, the chief executive officer owned 4,373,576 shares of the company’s stock, valued at approximately $451,396,778.96. This represents a 0.44% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 151,038 shares of company stock worth $15,525,280 in the last ninety days. Insiders own 0.10% of the company’s stock.

Walmart Company 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.