Paradigm Asset Management Co. LLC Reduces Position in Walmart Inc. $WMT

Paradigm Asset Management Co. LLC lessened its position in shares of Walmart Inc. (NYSE:WMT) by 45.2% during the 2nd quarter, Holdings Channel reports. The firm owned 23,536 shares of the retailer’s stock after selling 19,400 shares during the quarter. Paradigm Asset Management Co. LLC’s holdings in Walmart were worth $2,301,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently modified their holdings of the company. Kingstone Capital Partners Texas LLC raised its position in Walmart by 397,264.9% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock worth $10,496,702,000 after buying an additional 104,488,610 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Walmart in the first quarter worth $2,532,331,000. Goldman Sachs Group Inc. increased its stake in shares of Walmart by 30.1% in the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock worth $2,922,770,000 after acquiring an additional 7,706,201 shares during the period. Wellington Management Group LLP raised its holdings in shares of Walmart by 527.1% during the first quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock worth $591,620,000 after purchasing an additional 5,664,484 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board lifted its position in Walmart by 28,684.8% during the first quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock valued at $371,295,000 after purchasing an additional 4,214,661 shares during the period. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Walmart Stock Up 0.9%

NYSE WMT opened at $102.60 on Friday. The business has a fifty day moving average price of $103.02 and a 200 day moving average price of $99.43. 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 $818.01 billion, a P/E ratio of 38.57, 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 issued its earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The business had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. Walmart’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the company 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. Research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Activity at Walmart

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction on Monday, October 20th. The stock was sold at an average price of $107.75, for a total value of $431,000.00. Following the sale, the executive vice president owned 1,044,455 shares in the company, valued at $112,540,026.25. The trade was a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction on Thursday, October 23rd. The shares were sold at an average price of $107.18, for a total value of $2,081,006.88. Following the completion of the transaction, the chief executive officer directly owned 4,354,162 shares in the company, valued at approximately $466,679,083.16. This trade represents a 0.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 151,038 shares of company stock valued at $15,531,616 over the last 90 days. Corporate insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on WMT shares. The Goldman Sachs Group increased their price target on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. UBS Group reiterated a “buy” rating and set a $122.00 price target (up from $110.00) on shares of Walmart in a research report on Thursday, October 23rd. JPMorgan Chase & Co. cut their target price 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. BTIG Research began coverage on shares of Walmart in a report on Tuesday, October 14th. They set a “buy” rating and a $120.00 price target on the stock. Finally, Piper Sandler reiterated an “overweight” rating and issued a $111.00 price objective on shares of Walmart in a research report on Wednesday, September 24th. Thirty-one investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Walmart has an average rating of “Moderate Buy” and a consensus target price of $113.40.

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.