Alliancebernstein L.P. Sells 2,600,529 Shares of Walmart Inc. $WMT

Alliancebernstein L.P. lessened its holdings in shares of Walmart Inc. (NYSE:WMT) by 15.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,085,912 shares of the retailer’s stock after selling 2,600,529 shares during the quarter. Alliancebernstein L.P.’s holdings in Walmart were worth $1,236,602,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Operose Advisors LLC increased its stake in Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after purchasing an additional 243 shares during the period. Bear Mountain Capital Inc. increased its stake in shares of Walmart by 98.2% during the first 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 period. Clal Insurance Enterprises Holdings Ltd grew its stake in Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after purchasing an additional 294 shares during the period. EQ Wealth Advisors LLC purchased a new stake in Walmart in the first quarter worth $35,000. Finally, Lipe & Dalton grew its stake in Walmart by 95.2% in the first quarter. Lipe & Dalton now owns 410 shares of the retailer’s stock worth $36,000 after purchasing an additional 200 shares during the period. Institutional investors own 26.76% of the company’s stock.

Insiders Place Their Bets

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $95.97, for a total value of $1,863,353.52. Following the completion of the transaction, the chief executive officer directly owned 4,392,985 shares of the company’s stock, valued at approximately $421,594,770.45. The trade was a 0.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP John D. Rainey sold 2,200 shares of the company’s stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $98.30, for a total value of $216,260.00. Following the transaction, the executive vice president directly owned 626,118 shares in the company, valued at $61,547,399.40. This represents a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 119,182 shares of company stock worth $11,504,227. 0.10% of the stock is owned by company insiders.

Walmart Stock Performance

Shares of WMT opened at $97.74 on Wednesday. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The business has a 50-day simple moving average of $98.10 and a two-hundred day simple moving average of $95.26. The stock has a market cap of $779.97 billion, a price-to-earnings ratio of 36.74, a PEG ratio of 4.66 and a beta of 0.65. Walmart Inc. has a 52 week low of $76.30 and a 52 week high of $105.30.

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on WMT shares. Oppenheimer increased their target price on Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 13th. Evercore ISI reissued an “outperform” rating and issued a $110.00 target price (up from $108.00) on shares of Walmart in a research note on Monday, August 18th. Guggenheim reissued a “buy” rating and issued a $115.00 target price (up from $112.00) on shares of Walmart in a research note on Monday, August 18th. Royal Bank Of Canada reissued an “outperform” rating and issued a $106.00 target price on shares of Walmart in a research note on Friday, August 22nd. Finally, Erste Group Bank raised Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $110.59.

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.