Intech Investment Management LLC Cuts Stock Position in Walmart Inc. $WMT

Intech Investment Management LLC lessened its position in shares of Walmart Inc. (NYSE:WMT) by 7.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 720,165 shares of the retailer’s stock after selling 61,802 shares during the quarter. Walmart comprises 0.7% of Intech Investment Management LLC’s holdings, making the stock its 22nd biggest position. Intech Investment Management LLC’s holdings in Walmart were worth $70,418,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Access Investment Management LLC acquired a new stake in shares of Walmart in the 2nd quarter worth $26,000. Operose Advisors LLC raised its stake in Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after buying an additional 243 shares during the last quarter. PFS Partners LLC boosted its holdings in Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after acquiring an additional 233 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its holdings in Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after acquiring an additional 294 shares in the last quarter. Finally, Ridgewood Investments LLC grew its stake in shares of Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after acquiring an additional 115 shares during the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Price Performance

Shares of NYSE WMT opened at $102.43 on Friday. 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 stock has a market capitalization of $816.68 billion, a price-to-earnings ratio of 38.51, a PEG ratio of 4.83 and a beta of 0.67. The firm’s 50 day simple moving average is $103.40 and its 200-day simple moving average is $99.70. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $109.57.

Walmart (NYSE:WMT) last released 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). The firm had revenue of $169.34 billion for 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%. The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the prior 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. Analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Analyst Ratings Changes

A number of analysts recently commented on the stock. UBS Group reiterated a “buy” rating on shares of Walmart in a research note on Friday. BTIG Research assumed coverage on Walmart in a research note on Tuesday, October 14th. They issued a “buy” rating and a $120.00 target price for the company. JPMorgan Chase & Co. increased their price objective on Walmart from $127.00 to $128.00 and gave the company an “overweight” rating in a report on Monday, November 10th. Mizuho reaffirmed an “outperform” rating and set a $115.00 target price on shares of Walmart in a report on Wednesday, August 13th. Finally, DA Davidson set a $117.00 price target on shares of Walmart in a report on Wednesday, October 15th. Thirty-two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $113.50.

Insiders Place Their Bets

In other news, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, October 16th. The stock was sold at an average price of $107.78, for a total transaction of $1,414,612.50. Following the completion of the transaction, the executive vice president directly owned 892,940 shares of the company’s stock, valued at $96,241,073.20. This represents a 1.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total transaction of $403,840.00. Following the completion of the sale, the executive vice president directly owned 1,052,455 shares in the company, valued at $106,255,856.80. This represents a 0.38% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 149,383 shares of company stock worth $15,365,487. Company insiders own 0.10% of the company’s stock.

Walmart 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.