Walmart Inc. $WMT Shares Acquired by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. increased its position in shares of Walmart Inc. (NYSE:WMT) by 8.7% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,609,235 shares of the retailer’s stock after acquiring an additional 128,905 shares during the period. Rockefeller Capital Management L.P.’s holdings in Walmart were worth $157,351,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in Walmart by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer’s stock valued at $37,395,120,000 after acquiring an additional 3,224,154 shares during the last quarter. Kingstone Capital Partners Texas LLC lifted its holdings 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 valued at $10,496,702,000 after purchasing an additional 104,488,610 shares in the last quarter. Geode Capital Management LLC grew its position in shares of 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 during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Walmart by 30.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock worth $2,922,770,000 after purchasing an additional 7,706,201 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of 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 purchasing an additional 387,424 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on WMT shares. Cowen reiterated a “buy” rating on shares of Walmart in a report on Monday, November 10th. BTIG Research initiated coverage on shares of Walmart in a report on Tuesday, October 14th. They issued a “buy” rating and a $120.00 target price on the stock. Wells Fargo & Company lifted their price target on shares of Walmart from $108.00 to $110.00 and gave the stock an “overweight” rating in a report on Wednesday. Piper Sandler reissued an “overweight” rating and set a $111.00 price objective on shares of Walmart in a research note on Wednesday, September 24th. Finally, Guggenheim reissued a “buy” rating and set a $115.00 price target (up previously from $112.00) on shares of Walmart in a research note on Monday, August 18th. Thirty-two 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 has a consensus rating of “Moderate Buy” and an average target price of $113.50.

Walmart Trading Down 0.1%

NYSE:WMT opened at $102.43 on Friday. Walmart Inc. has a one year low of $79.81 and a one year 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 cap of $816.68 billion, a price-to-earnings ratio of 38.51, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. The business’s 50-day simple moving average is $103.40 and its 200 day simple moving average is $99.72.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share (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 the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter last year, the business 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. As a group, sell-side analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $95.97, for a total value of $1,863,353.52. Following the completion of the sale, the chief executive officer owned 4,392,985 shares of the company’s stock, valued at $421,594,770.45. This represents a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CTO Suresh Kumar sold 30,000 shares of the firm’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the transaction, the chief technology officer directly owned 1,787,200 shares in the company, valued at approximately $184,921,584. The trade was a 1.65% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 149,383 shares of company stock worth $15,365,487. 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.