OVERSEA CHINESE BANKING Corp Ltd Sells 28,227 Shares of Walmart Inc. $WMT

OVERSEA CHINESE BANKING Corp Ltd reduced its stake in Walmart Inc. (NYSE:WMT) by 14.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 169,646 shares of the retailer’s stock after selling 28,227 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Walmart were worth $16,572,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Operose Advisors LLC grew its holdings in shares of Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after buying an additional 243 shares during the last quarter. PFS Partners LLC grew its holdings in shares of Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after buying an additional 233 shares during the last quarter. Bear Mountain Capital Inc. grew its holdings 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 last quarter. Clal Insurance Enterprises Holdings Ltd grew its holdings in shares of Walmart by 432.4% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock valued at $32,000 after buying an additional 294 shares during the last quarter. Finally, Ridgewood Investments LLC grew its holdings in shares of Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after buying an additional 115 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

Insider Activity at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction dated 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 directly owned 4,373,576 shares in the company, valued at $451,396,778.96. The trade was a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction dated Friday, September 19th. The shares were 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 approximately $108,861,082.65. The trade was a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 151,038 shares of company stock valued at $15,525,280 in the last three months. Insiders own 0.10% of the company’s stock.

Walmart Stock Down 0.6%

WMT opened at $106.22 on Monday. 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 stock has a market cap of $846.91 billion, a price-to-earnings ratio of 39.93, a PEG ratio of 5.00 and a beta of 0.67. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $109.57. The company’s 50-day moving average price is $102.17 and its two-hundred day moving average price is $98.79.

Walmart (NYSE:WMT) last released its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The company had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. As a group, equities analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on WMT shares. JPMorgan Chase & Co. reduced their price objective on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Erste Group Bank upgraded shares of Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a report on Friday. Royal Bank Of Canada restated an “outperform” rating and set a $106.00 price target on shares of Walmart in a report on Friday, August 22nd. Finally, Wolfe Research started coverage on shares of Walmart in a report on Thursday, September 18th. They set an “outperform” rating and a $129.00 price target on the stock. Thirty-one research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $113.07.

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.