Walmart Inc. $WMT Stock Position Decreased by Kentucky Retirement Systems

Kentucky Retirement Systems decreased its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 6.2% during the 2nd quarter, Holdings Channel.com reports. The fund owned 278,214 shares of the retailer’s stock after selling 18,232 shares during the period. Walmart makes up approximately 0.8% of Kentucky Retirement Systems’ portfolio, making the stock its 18th biggest position. Kentucky Retirement Systems’ holdings in Walmart were worth $27,204,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC boosted its position in Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after purchasing an additional 21,939 shares during the period. Revolve Wealth Partners LLC increased its position in Walmart by 5.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after buying an additional 485 shares during the period. Vestmark Advisory Solutions Inc. lifted its stake in Walmart by 84.6% in the first quarter. Vestmark Advisory Solutions Inc. now owns 19,196 shares of the retailer’s stock valued at $1,685,000 after buying an additional 8,798 shares during the last quarter. Fox Run Management L.L.C. acquired a new position in shares of Walmart during the first quarter valued at $510,000. Finally, Tyler Stone Wealth Management grew its position in shares of Walmart by 46.7% during the first quarter. Tyler Stone Wealth Management now owns 8,432 shares of the retailer’s stock worth $740,000 after acquiring an additional 2,683 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Walmart

In other Walmart news, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $104.75, for a total value of $1,374,843.75. Following the completion of the sale, the executive vice president directly owned 879,815 shares of the company’s stock, valued at approximately $92,160,621.25. This represents a 1.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction dated Friday, November 28th. The shares were sold at an average price of $109.57, for a total transaction of $2,127,411.12. Following the transaction, the chief executive officer owned 4,334,747 shares of the company’s stock, valued at approximately $474,958,228.79. This trade represents a 0.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 126,403 shares of company stock valued at $13,386,774 in the last quarter. 0.10% of the stock is owned by company insiders.

Analyst Ratings Changes

WMT has been the topic of several recent research reports. Sanford C. Bernstein reiterated an “outperform” rating and issued a $122.00 price objective (up from $118.00) on shares of Walmart in a research report on Friday, November 21st. Jefferies Financial Group restated a “buy” rating on shares of Walmart in a research note on Tuesday, December 9th. Wolfe Research assumed coverage on Walmart in a report on Thursday, September 18th. They set an “outperform” rating and a $129.00 price target on the stock. Morgan Stanley reissued an “overweight” rating and issued a $125.00 price objective (up from $115.00) on shares of Walmart in a report on Friday, November 21st. Finally, KeyCorp reaffirmed an “overweight” rating and set a $120.00 target price (up previously from $110.00) on shares of Walmart in a research note on Friday, November 21st. Thirty-one investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $119.31.

Walmart Price Performance

NASDAQ WMT opened at $116.70 on Monday. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $116.95. The firm has a market capitalization of $930.12 billion, a PE ratio of 40.80, a P/E/G ratio of 5.40 and a beta of 0.64. The company’s 50 day simple moving average is $106.31 and its 200 day simple moving average is $101.52. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. The firm had revenue of $179.50 billion during the quarter, compared to analyst estimates of $175.15 billion. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The firm’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period last year, the company posted $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, equities research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

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.