Public Sector Pension Investment Board Lowers Position in Walmart Inc. $WMT

Public Sector Pension Investment Board lessened its holdings in Walmart Inc. (NASDAQ:WMT) by 21.0% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 1,753,139 shares of the retailer’s stock after selling 466,780 shares during the period. Walmart comprises 0.7% of Public Sector Pension Investment Board’s holdings, making the stock its 26th biggest position. Public Sector Pension Investment Board’s holdings in Walmart were worth $171,422,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Evergreen Capital Management LLC increased its holdings in shares of Walmart by 9.7% in the 2nd quarter. Evergreen Capital Management LLC now owns 49,770 shares of the retailer’s stock valued at $4,867,000 after acquiring an additional 4,400 shares during the period. Strategic Investment Advisors MI grew its stake in Walmart by 2.6% in the second quarter. Strategic Investment Advisors MI now owns 13,567 shares of the retailer’s stock valued at $1,327,000 after purchasing an additional 348 shares during the last quarter. High Falls Advisors Inc raised its holdings in Walmart by 39.2% in the second quarter. High Falls Advisors Inc now owns 7,118 shares of the retailer’s stock worth $696,000 after purchasing an additional 2,006 shares in the last quarter. CANADA LIFE ASSURANCE Co lifted its position in shares of Walmart by 16.0% during the second quarter. CANADA LIFE ASSURANCE Co now owns 409,060 shares of the retailer’s stock valued at $40,079,000 after buying an additional 56,374 shares during the last quarter. Finally, Nikulski Financial Inc. boosted its holdings in shares of Walmart by 1.4% in the 2nd quarter. Nikulski Financial Inc. now owns 34,508 shares of the retailer’s stock valued at $3,374,000 after buying an additional 484 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Stock Performance

NASDAQ WMT opened at $116.70 on Friday. The firm has a market capitalization of $930.12 billion, a P/E ratio of 40.80, a PEG ratio of 5.40 and a beta of 0.64. The stock has a 50-day simple moving average of $106.31 and a two-hundred day simple moving average of $101.49. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.24 and a current ratio of 0.80. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $116.95.

Walmart (NASDAQ:WMT) last posted its earnings results on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, topping the consensus estimate of $0.60 by $0.02. The firm had revenue of $179.50 billion for the quarter, compared to analyst estimates of $175.15 billion. Walmart had a return on equity of 21.31% and a net margin of 3.26%.Walmart’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period last year, the company earned $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, equities analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms recently commented on WMT. BMO Capital Markets increased their target price on shares of Walmart from $110.00 to $125.00 and gave the company an “outperform” rating in a research report on Friday, November 21st. KeyCorp reissued an “overweight” rating and issued a $120.00 price objective (up previously from $110.00) on shares of Walmart in a research report on Friday, November 21st. Cowen reaffirmed a “buy” rating on shares of Walmart in a research report on Tuesday. Piper Sandler reissued an “overweight” rating and issued a $123.00 price target (up previously from $111.00) on shares of Walmart in a report on Friday, November 21st. Finally, JPMorgan Chase & Co. upped their price objective on shares of Walmart from $128.00 to $129.00 and gave the company an “overweight” rating in a report on Friday, November 21st. Thirty-one analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $119.31.

Insider Activity

In related news, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $111.23, for a total value of $244,706.00. Following the completion of the transaction, the executive vice president owned 617,318 shares in the company, valued at $68,664,281.14. The trade was a 0.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of $109.57, for a total value of $2,127,411.12. Following the transaction, the chief executive officer owned 4,334,747 shares in the company, valued at $474,958,228.79. This represents a 0.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 128,013 shares of company stock worth $13,553,747. 0.10% of the stock is currently owned by corporate insiders.

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.