Walmart Inc. $WMT Holdings Boosted by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in shares of Walmart Inc. (NYSE:WMT) by 5.6% in the second quarter, HoldingsChannel reports. The firm owned 835,331 shares of the retailer’s stock after purchasing an additional 44,562 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Walmart were worth $81,679,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the stock. Operose Advisors LLC boosted its stake in Walmart by 319.7% during the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after purchasing an additional 243 shares during the period. Bear Mountain Capital Inc. boosted its position in shares of Walmart by 98.2% during the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock worth $32,000 after buying an additional 167 shares during the period. Clal Insurance Enterprises Holdings Ltd grew its holdings in Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after buying an additional 294 shares in the last quarter. EQ Wealth Advisors LLC acquired a new stake in Walmart in the 1st quarter valued at approximately $35,000. Finally, Lipe & Dalton raised its stake in Walmart by 95.2% during the 1st quarter. Lipe & Dalton now owns 410 shares of the retailer’s stock valued at $36,000 after acquiring an additional 200 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Price Performance

Shares of NYSE:WMT opened at $104.07 on Thursday. Walmart Inc. has a fifty-two week low of $77.49 and a fifty-two week high of $106.11. The business has a 50-day moving average of $99.07 and a two-hundred day moving average of $95.54. The stock has a market capitalization of $829.73 billion, a P/E ratio of 39.12, a P/E/G ratio of 4.97 and a beta of 0.65. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23.

Walmart (NYSE:WMT) last released its quarterly 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). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same quarter last year, the company posted $0.67 EPS. 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. On average, equities research analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analysts Set New Price Targets

WMT has been the topic of a number of research analyst reports. Royal Bank Of Canada reissued an “outperform” rating and set a $106.00 price target on shares of Walmart in a report on Friday, August 22nd. Oppenheimer upped their price target on shares of Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 13th. KeyCorp raised their price objective on shares of Walmart from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Monday, June 9th. Bank of America upped their target price on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, Evercore ISI reiterated an “outperform” rating and set a $110.00 price target (up from $108.00) on shares of Walmart in a research report on Monday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $111.45.

Insiders Place Their Bets

In related news, EVP John D. Rainey sold 2,200 shares of the firm’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $97.37, for a total value of $214,214.00. Following the transaction, the executive vice president directly owned 623,918 shares in the company, valued at approximately $60,750,895.66. This trade represents a 0.35% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CTO Suresh Kumar sold 30,000 shares of the firm’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the completion of the transaction, the chief technology officer owned 1,787,200 shares in the company, valued at $184,921,584. The trade was a 1.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 151,232 shares of company stock valued at $14,822,719 in the last three months. Company insiders own 0.10% of the company’s stock.

Walmart Company 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.