Westwood Holdings Group Inc. Has $83.08 Million Stock Position in Walmart Inc. $WMT

Westwood Holdings Group Inc. cut its stake in shares of Walmart Inc. (NYSE:WMT) by 6.1% in the second quarter, Holdings Channel reports. The firm owned 849,668 shares of the retailer’s stock after selling 55,508 shares during the quarter. Westwood Holdings Group Inc.’s holdings in Walmart were worth $83,081,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in Walmart by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer’s stock worth $37,395,120,000 after acquiring an additional 3,224,154 shares during the last quarter. Kingstone Capital Partners Texas LLC lifted its position in shares of Walmart by 397,264.9% in the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock worth $10,496,702,000 after purchasing an additional 104,488,610 shares in the last quarter. Geode Capital Management LLC grew its position in Walmart by 0.3% in the second quarter. Geode Capital Management LLC now owns 94,557,532 shares of the retailer’s stock valued at $9,199,712,000 after purchasing an additional 263,718 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Walmart by 30.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock valued at $2,922,770,000 after buying an additional 7,706,201 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in Walmart by 1.3% during the 1st quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer’s stock worth $2,710,665,000 after buying an additional 387,424 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Wall Street Analysts Forecast Growth

WMT has been the topic of a number of recent research reports. JPMorgan Chase & Co. lifted their target price on Walmart from $127.00 to $128.00 and gave the company an “overweight” rating in a research report on Monday, November 10th. Oppenheimer upped their target price on Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a research report on Wednesday, August 13th. UBS Group reissued a “buy” rating on shares of Walmart in a research report on Friday. Telsey Advisory Group restated an “outperform” rating and set a $118.00 target price on shares of Walmart in a research note on Friday. Finally, Royal Bank Of Canada set a $116.00 price target on Walmart and gave the stock an “outperform” rating in a report on Wednesday, October 29th. Thirty-two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and an average price target of $113.50.

Walmart Stock Down 0.1%

Shares of NYSE WMT opened at $102.43 on Friday. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $109.57. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The firm has a market cap of $816.68 billion, a PE ratio of 38.51, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. The company has a 50 day simple moving average of $103.40 and a 200 day simple moving average of $99.70.

Walmart (NYSE:WMT) last released its quarterly 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 company had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the firm 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, research analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Insider Activity

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction that occurred on Monday, October 20th. The stock was sold at an average price of $107.75, for a total transaction of $431,000.00. Following the transaction, the executive vice president directly owned 1,044,455 shares in the company, valued at approximately $112,540,026.25. This represents a 0.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction on Thursday, October 23rd. The shares were sold at an average price of $107.18, for a total transaction of $2,081,006.88. Following the completion of the sale, the chief executive officer owned 4,354,162 shares of the company’s stock, valued at $466,679,083.16. This represents a 0.44% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 149,383 shares of company stock worth $15,365,487. 0.10% of the stock is owned by insiders.

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.