Walmart Inc. $WMT Shares Sold by iA Global Asset Management Inc.

iA Global Asset Management Inc. cut its stake in shares of Walmart Inc. (NYSE:WMT) by 13.4% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 357,145 shares of the retailer’s stock after selling 55,440 shares during the period. iA Global Asset Management Inc.’s holdings in Walmart were worth $34,922,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Operose Advisors LLC increased its holdings in Walmart by 319.7% during the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after purchasing an additional 243 shares during the last quarter. PFS Partners LLC increased its holdings in Walmart by 267.8% during the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after purchasing an additional 233 shares during the last quarter. Bear Mountain Capital Inc. increased its holdings in Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock worth $32,000 after purchasing an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd increased its holdings in Walmart by 432.4% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after purchasing an additional 294 shares during the last quarter. Finally, Ridgewood Investments LLC increased its holdings in Walmart by 55.3% during the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after purchasing an additional 115 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $98.55, for a total transaction of $1,293,468.75. Following the completion of the transaction, the executive vice president owned 919,189 shares in the company, valued at $90,586,075.95. The trade was a 1.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $103.83, for a total value of $415,320.00. Following the transaction, the executive vice president owned 1,048,455 shares of the company’s stock, valued at $108,861,082.65. This represents a 0.38% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 148,838 shares of company stock worth $15,309,020 in the last quarter. Insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. Sanford C. Bernstein set a $117.00 price objective on Walmart and gave the stock an “outperform” rating in a report on Friday, August 22nd. BTIG Research assumed coverage on Walmart in a report on Tuesday, October 14th. They set a “buy” rating and a $120.00 price objective on the stock. Evercore ISI restated an “outperform” rating and set a $111.00 price objective (up from $110.00) on shares of Walmart in a report on Tuesday, October 21st. Finally, The Goldman Sachs Group lifted their price objective on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. Thirty-one equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $113.40.

Walmart Price Performance

Shares of WMT opened at $101.25 on Friday. The firm has a market cap of $807.23 billion, a price-to-earnings ratio of 38.06, a PEG ratio of 4.83 and a beta of 0.67. The stock has a 50 day moving average of $102.46 and a 200-day moving average of $99.15. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 52 week low of $79.81 and a 52 week 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 the consensus estimate of $0.74 by ($0.06). The firm had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.Walmart’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the business 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. As a group, analysts forecast that Walmart Inc. will post 2.55 EPS for the current 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.