FUKOKU MUTUAL LIFE INSURANCE Co Trims Stock Position in Walmart Inc. $WMT

FUKOKU MUTUAL LIFE INSURANCE Co decreased its stake in Walmart Inc. (NYSE:WMT) by 5.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,059 shares of the retailer’s stock after selling 1,009 shares during the period. FUKOKU MUTUAL LIFE INSURANCE Co’s holdings in Walmart were worth $1,668,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of WMT. Brighton Jones LLC boosted its position in shares of Walmart by 28.8% in the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after purchasing an additional 21,939 shares during the period. Revolve Wealth Partners LLC increased its position in Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after buying an additional 485 shares during the period. PFG Advisors lifted its stake in Walmart by 4.2% in the first quarter. PFG Advisors now owns 32,684 shares of the retailer’s stock valued at $2,869,000 after buying an additional 1,308 shares during the last quarter. Beacon Investment Advisory Services Inc. boosted its holdings in shares of Walmart by 56.0% in the first quarter. Beacon Investment Advisory Services Inc. now owns 8,425 shares of the retailer’s stock valued at $740,000 after acquiring an additional 3,026 shares during the period. Finally, Teramo Advisors LLC acquired a new stake in shares of Walmart in the first quarter valued at approximately $225,000. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer owned 4,354,162 shares of the company’s stock, valued at approximately $466,679,083.16. The trade was a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Daniel J. Bartlett sold 1,630 shares of the company’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $102.58, for a total transaction of $167,205.40. Following the transaction, the executive vice president owned 642,788 shares in the company, valued at $65,937,193.04. The trade was a 0.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 133,888 shares of company stock worth $13,835,383. 0.10% of the stock is currently owned by insiders.

Walmart Stock Down 0.8%

Shares of NYSE:WMT opened at $100.55 on Thursday. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $109.57. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The firm’s 50-day simple moving average is $103.40 and its 200-day simple moving average is $99.80. The company has a market cap of $801.67 billion, a price-to-earnings ratio of 37.80, a PEG ratio of 4.83 and a beta of 0.67.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.02. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm had revenue of $179.50 billion during the quarter, compared to analysts’ expectations of $175.15 billion. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, equities research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Guggenheim reaffirmed a “buy” rating and issued a $115.00 target price (up from $112.00) on shares of Walmart in a report on Monday, August 18th. UBS Group reissued a “buy” rating on shares of Walmart in a research report on Friday, November 14th. Cowen restated a “buy” rating on shares of Walmart in a research note on Monday, November 10th. Bank of America increased their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, September 17th. Finally, BTIG Research assumed coverage on Walmart in a research report on Tuesday, October 14th. They issued a “buy” rating and a $120.00 price target on the stock. Thirty investment 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 price target of $114.46.

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.