Johnson Financial Group LLC Cuts Position in Walmart Inc. $WMT

Johnson Financial Group LLC decreased its position in shares of Walmart Inc. (NYSE:WMT) by 21.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,237 shares of the retailer’s stock after selling 622 shares during the period. Johnson Financial Group LLC’s holdings in Walmart were worth $219,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Aviva PLC grew its stake in shares of Walmart by 16.4% during the 2nd quarter. Aviva PLC now owns 3,833,720 shares of the retailer’s stock worth $374,861,000 after purchasing an additional 539,504 shares during the period. Weatherly Asset Management L. P. lifted its stake in shares of Walmart by 7.0% in the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock valued at $5,489,000 after purchasing an additional 3,696 shares during the period. Gerber Kawasaki Wealth & Investment Management boosted its holdings in Walmart by 34.6% during the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock worth $3,355,000 after buying an additional 9,831 shares in the last quarter. Ally Financial Inc. acquired a new stake in Walmart during the first quarter valued at $2,107,000. Finally, Night Squared LP acquired a new stake in Walmart during the first quarter valued at $1,052,000. 26.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on WMT. Sanford C. Bernstein set a $117.00 price objective on shares of Walmart and gave the stock an “outperform” rating in a research report on Friday, August 22nd. Bank of America upped their price target on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. JPMorgan Chase & Co. increased their price target on Walmart from $127.00 to $128.00 and gave the stock an “overweight” rating in a research report on Monday, November 10th. Truist Financial cut their price objective on Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a research report on Friday, August 22nd. Finally, Wolfe Research started coverage on Walmart in a research note on Thursday, September 18th. They set an “outperform” rating and a $129.00 target price for the company. Thirty-two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Walmart currently has an average rating of “Moderate Buy” and an average target price of $113.50.

Insiders Place Their Bets

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction dated Monday, October 20th. The shares were sold at an average price of $107.75, for a total value of $431,000.00. Following the completion of the sale, the executive vice president owned 1,044,455 shares of the company’s stock, valued at approximately $112,540,026.25. This represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction dated Thursday, October 23rd. The stock was sold at an average price of $107.18, for a total transaction of $2,081,006.88. Following the sale, the chief executive officer owned 4,354,162 shares of the company’s stock, valued at approximately $466,679,083.16. The trade was a 0.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 149,383 shares of company stock valued at $15,365,487. Insiders own 0.10% of the company’s stock.

Walmart Stock Down 0.1%

NYSE WMT opened at $102.43 on Monday. The business has a fifty day moving average price of $103.40 and a 200 day moving average price of $99.74. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The company has a market cap of $816.68 billion, a P/E ratio of 38.51, a P/E/G ratio of 4.83 and a beta of 0.67. Walmart Inc. has a one year low of $79.81 and a one year high of $109.57.

Walmart (NYSE:WMT) last posted its quarterly 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). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. During the same quarter in the previous year, the firm posted $0.67 earnings per share. The business’s 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. Research analysts anticipate 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.