Walmart Inc. $WMT Shares Sold by FUKOKU MUTUAL LIFE INSURANCE Co

FUKOKU MUTUAL LIFE INSURANCE Co lowered its position in Walmart Inc. (NYSE:WMT) by 5.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,059 shares of the retailer’s stock after selling 1,009 shares during the quarter. FUKOKU MUTUAL LIFE INSURANCE Co’s holdings in Walmart were worth $1,668,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Mizuho Securities Co. Ltd. purchased a new stake in shares of Walmart in the 2nd quarter valued at approximately $208,000. NFP Retirement Inc. lifted its holdings in Walmart by 59.8% in the second quarter. NFP Retirement Inc. now owns 21,444 shares of the retailer’s stock valued at $2,097,000 after acquiring an additional 8,022 shares during the last quarter. GDS Wealth Management lifted its holdings in Walmart by 0.5% in the second quarter. GDS Wealth Management now owns 284,847 shares of the retailer’s stock valued at $27,852,000 after acquiring an additional 1,333 shares during the last quarter. Ensign Peak Advisors Inc grew its position in Walmart by 2.9% in the second quarter. Ensign Peak Advisors Inc now owns 3,988,957 shares of the retailer’s stock worth $390,040,000 after acquiring an additional 113,278 shares during the period. Finally, Empirical Finance LLC increased its stake in Walmart by 0.7% during the second quarter. Empirical Finance LLC now owns 147,413 shares of the retailer’s stock worth $14,414,000 after acquiring an additional 960 shares during the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

WMT has been the topic of several recent analyst reports. Oppenheimer upped their price target on Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a research note on Wednesday, August 13th. JPMorgan Chase & Co. boosted their price objective on shares of Walmart from $127.00 to $128.00 and gave the company an “overweight” rating in a report on Monday, November 10th. Tigress Financial increased their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. Cowen reiterated a “buy” rating on shares of Walmart in a research report on Monday, November 10th. Finally, Truist Financial reduced their price target on shares of Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. Thirty research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Walmart currently has an average rating of “Moderate Buy” and an average target price of $114.46.

Walmart Stock Performance

Shares of WMT stock opened at $100.55 on Thursday. The firm has a 50 day moving average of $103.40 and a two-hundred day moving average of $99.80. The stock has a market capitalization of $801.67 billion, a PE ratio of 37.80, a P/E/G ratio of 4.83 and a beta of 0.67. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $109.57.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.02. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business had revenue of $179.50 billion for the quarter, compared to analysts’ expectations of $175.15 billion. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, research analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Buying and Selling at Walmart

In other news, CTO Suresh Kumar sold 30,000 shares of Walmart stock in a transaction on Friday, September 12th. The shares were sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the completion of the sale, the chief technology officer directly owned 1,787,200 shares of the company’s stock, valued at approximately $184,921,584. The trade was a 1.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John D. Rainey sold 2,200 shares of the stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total value of $222,926.00. Following the completion of the transaction, the executive vice president directly owned 621,718 shares in the company, valued at $62,998,684.94. This trade represents a 0.35% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 133,888 shares of company stock valued at $13,835,383. 0.10% of the stock is currently owned by company insiders.

About Walmart

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.