Walmart Inc. $WMT Stock Holdings Lowered by NJ State Employees Deferred Compensation Plan

NJ State Employees Deferred Compensation Plan lowered its position in shares of Walmart Inc. (NYSE:WMT) by 6.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 73,600 shares of the retailer’s stock after selling 4,700 shares during the period. Walmart accounts for 0.9% of NJ State Employees Deferred Compensation Plan’s portfolio, making the stock its 14th biggest holding. NJ State Employees Deferred Compensation Plan’s holdings in Walmart were worth $7,197,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Weatherly Asset Management L. P. lifted its holdings in Walmart by 7.0% in 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 during the period. Gerber Kawasaki Wealth & Investment Management lifted its holdings in Walmart by 34.6% in 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 during the period. Ally Financial Inc. acquired a new stake in Walmart in the first quarter worth about $2,107,000. Night Squared LP acquired a new stake in Walmart in the first quarter worth about $1,052,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Walmart by 11.8% in 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 during the period. Institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

WMT stock opened at $102.32 on Wednesday. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. Walmart Inc. has a one year low of $79.81 and a one year high of $109.57. The firm has a market capitalization of $815.76 billion, a PE ratio of 38.47, a P/E/G ratio of 4.83 and a beta of 0.67. The firm has a 50-day moving average of $102.69 and a two-hundred day moving average of $99.33.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm had revenue of $169.34 billion for the quarter, compared to analysts’ expectations of $174.02 billion. During the same period in the prior year, the company posted $0.67 earnings per share. Walmart’s quarterly revenue was up 4.8% compared to the same quarter last year. 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 forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

Wall Street Analysts Forecast Growth

WMT has been the subject of a number of research analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. Evercore ISI reissued an “outperform” rating and issued a $111.00 price target (up from $110.00) on shares of Walmart in a report on Tuesday, October 21st. Truist Financial cut their price target on shares of Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a report on Friday, August 22nd. Mizuho reissued an “outperform” rating and issued a $115.00 price target on shares of Walmart in a report on Wednesday, August 13th. Finally, The Goldman Sachs Group upped their price target on shares of Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a report on Friday, August 22nd. Thirty-one investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $113.40.

Insider Activity at Walmart

In other Walmart news, EVP John D. Rainey sold 2,200 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $101.18, for a total transaction of $222,596.00. Following the completion of the sale, the executive vice president directly owned 619,518 shares of the company’s stock, valued at approximately $62,682,831.24. This represents 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 through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction dated Thursday, October 23rd. The shares were sold at an average price of $107.18, for a total value of $2,081,006.88. Following the transaction, the chief executive officer directly owned 4,354,162 shares in the company, valued at approximately $466,679,083.16. This trade represents a 0.44% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 151,038 shares of company stock valued at $15,531,616. Corporate 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.