Resona Asset Management Co. Ltd. Acquires 9,951 Shares of Walmart Inc. $WMT

Resona Asset Management Co. Ltd. grew its holdings in Walmart Inc. (NYSE:WMT) by 0.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,540,732 shares of the retailer’s stock after acquiring an additional 9,951 shares during the quarter. Walmart accounts for about 0.7% of Resona Asset Management Co. Ltd.’s investment portfolio, making the stock its 18th largest holding. Resona Asset Management Co. Ltd.’s holdings in Walmart were worth $150,530,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Bedel Financial Consulting Inc. increased its holdings in shares of Walmart by 0.4% in the first quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer’s stock worth $2,275,000 after acquiring an additional 102 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Walmart by 1.1% in the second quarter. Revolve Wealth Partners LLC now owns 9,830 shares of the retailer’s stock worth $961,000 after acquiring an additional 103 shares in the last quarter. RoundAngle Advisors LLC increased its holdings in shares of Walmart by 0.4% in the second quarter. RoundAngle Advisors LLC now owns 25,995 shares of the retailer’s stock worth $2,542,000 after acquiring an additional 105 shares in the last quarter. Lauterbach Financial Advisors LLC increased its holdings in shares of Walmart by 1.8% in the first quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer’s stock worth $517,000 after acquiring an additional 106 shares in the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC increased its holdings in shares of Walmart by 1.4% in the first quarter. Baron Silver Stevens Financial Advisors LLC now owns 7,799 shares of the retailer’s stock worth $685,000 after acquiring an additional 106 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, EVP John R. Furner sold 13,125 shares of the 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 directly owned 919,189 shares of the company’s stock, valued at approximately $90,586,075.95. This represents a 1.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CTO Suresh Kumar sold 30,000 shares of the stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $103.47, for a total value of $3,104,100.00. Following the transaction, the chief technology officer directly owned 1,787,200 shares of the company’s stock, valued at $184,921,584. This trade represents a 1.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 151,038 shares of company stock valued at $15,531,616. 0.10% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Wolfe Research assumed coverage on Walmart in a report on Thursday, September 18th. They set an “outperform” rating and a $129.00 price objective for the company. Mizuho reiterated an “outperform” rating and set a $115.00 price objective on shares of Walmart in a report on Wednesday, August 13th. Oppenheimer increased their price objective on Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, August 13th. BTIG Research assumed coverage on Walmart in a report on Tuesday, October 14th. They set a “buy” rating and a $120.00 price objective for the company. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. Thirty-one investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $113.40.

Walmart Stock Performance

Shares of NYSE WMT opened at $101.47 on Thursday. The stock has a 50 day moving average price of $102.80 and a 200 day moving average price of $99.34. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $109.57. 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 stock has a market capitalization of $809.01 billion, a PE ratio of 38.15, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67.

Walmart (NYSE:WMT) last issued its quarterly 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). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. During the same period last year, the company posted $0.67 earnings per share. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Analysts predict that Walmart Inc. will post 2.55 earnings per share 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.