Korea Investment CORP Has $360.35 Million Position in Walmart Inc. $WMT

Korea Investment CORP trimmed its position in shares of Walmart Inc. (NYSE:WMT) by 1.6% in the 2nd quarter, Holdings Channel.com reports. The fund owned 3,685,321 shares of the retailer’s stock after selling 59,320 shares during the quarter. Walmart comprises about 0.8% of Korea Investment CORP’s holdings, making the stock its 16th biggest position. Korea Investment CORP’s holdings in Walmart were worth $360,351,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in WMT. Brighton Jones LLC grew its stake in shares of Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after acquiring an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in Walmart by 5.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after buying an additional 485 shares during the period. Geneos Wealth Management Inc. raised its stake in Walmart by 43.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 88,004 shares of the retailer’s stock worth $7,726,000 after buying an additional 26,452 shares during the period. Independence Financial Advisors LLC acquired a new position in Walmart in the 1st quarter worth $336,000. Finally, Mesirow Financial Investment Management Inc. boosted its stake in shares of Walmart by 1.4% during the 1st quarter. Mesirow Financial Investment Management Inc. now owns 243,879 shares of the retailer’s stock worth $21,410,000 after buying an additional 3,315 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Stock Up 2.1%

Walmart stock opened at $109.21 on Thursday. The firm has a market cap of $870.70 billion, a price-to-earnings ratio of 41.06, a PEG ratio of 4.83 and a beta of 0.67. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.59. 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 firm has a 50 day moving average price of $103.70 and a two-hundred day moving average price of $100.09.

Walmart (NYSE:WMT) last announced its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $179.50 billion during the quarter, compared to the consensus estimate of $175.15 billion. During the same quarter last year, the firm earned $0.58 earnings per share. Walmart’s quarterly revenue was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Equities analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on WMT. Morgan Stanley reaffirmed an “overweight” rating and set a $125.00 price objective (up from $115.00) on shares of Walmart in a research report on Friday, November 21st. DA Davidson set a $130.00 price objective on shares of Walmart and gave the stock a “buy” rating in a research report on Friday, November 21st. UBS Group reaffirmed a “buy” rating on shares of Walmart in a research note on Friday, November 14th. Sanford C. Bernstein reissued an “outperform” rating and set a $122.00 price objective (up previously from $118.00) on shares of Walmart in a report on Friday, November 21st. Finally, Wolfe Research started coverage on Walmart in a report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 target price for the company. Thirty-one equities 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.com, the company presently has an average rating of “Moderate Buy” and an average price target of $118.55.

Insider Buying and Selling at Walmart

In other news, SVP David Chojnowski sold 7,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $106.65, for a total transaction of $746,550.00. Following the completion of the sale, the senior vice president owned 136,289 shares of the company’s stock, valued at $14,535,221.85. This trade represents a 4.89% 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 Wednesday, November 19th. The shares were sold at an average price of $101.63, for a total transaction of $406,520.00. Following the completion of the sale, the executive vice president owned 1,040,455 shares of the company’s stock, valued at $105,741,441.65. This represents a 0.38% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 138,597 shares of company stock valued at $14,499,943 over the last ninety days. Insiders own 0.10% of the company’s stock.

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.