Teacher Retirement System of Texas Trims Stock Position in Walmart Inc. $WMT

Teacher Retirement System of Texas decreased its stake in Walmart Inc. (NASDAQ:WMT) by 10.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,254,818 shares of the retailer’s stock after selling 138,918 shares during the quarter. Walmart makes up 0.5% of Teacher Retirement System of Texas’ holdings, making the stock its 23rd largest position. Teacher Retirement System of Texas’ holdings in Walmart were worth $129,322,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Norges Bank purchased a new position in Walmart in the second quarter valued at $5,367,770,000. Laurel Wealth Advisors LLC increased its stake in shares of Walmart by 9,648.7% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 11,486,374 shares of the retailer’s stock valued at $1,123,138,000 after purchasing an additional 11,368,549 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Walmart by 1.4% in the second quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock valued at $42,223,116,000 after buying an additional 5,856,468 shares in the last quarter. Amundi raised its stake in shares of Walmart by 23.5% during the 2nd quarter. Amundi now owns 19,493,644 shares of the retailer’s stock worth $1,902,775,000 after buying an additional 3,710,506 shares during the period. Finally, AGF Management Ltd. lifted its position in shares of Walmart by 1,176.6% during the 2nd quarter. AGF Management Ltd. now owns 3,317,487 shares of the retailer’s stock valued at $324,384,000 after buying an additional 3,057,612 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Stock Performance

Shares of Walmart stock opened at $117.81 on Friday. The business’s 50 day moving average price is $112.76 and its 200 day moving average price is $105.07. The company has a market cap of $938.93 billion, a price-to-earnings ratio of 41.19, a PEG ratio of 5.09 and a beta of 0.66. 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 one year low of $79.81 and a one year high of $121.62.

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

Analyst Upgrades and Downgrades

WMT has been the subject of several recent analyst reports. Tigress Financial boosted their price target on shares of Walmart from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Wednesday, December 3rd. JPMorgan Chase & Co. raised their price target on shares of Walmart from $128.00 to $129.00 and gave the company an “overweight” rating in a research note on Friday, November 21st. The Goldman Sachs Group set a $121.00 price objective on Walmart and gave the stock a “buy” rating in a report on Tuesday, January 13th. BMO Capital Markets reissued an “outperform” rating on shares of Walmart in a report on Wednesday, January 14th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and issued a $130.00 price target (up from $120.00) on shares of Walmart in a research note on Friday, December 19th. Thirty-two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $123.03.

Insider Activity at Walmart

In other news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $114.91, for a total transaction of $1,508,193.75. Following the sale, the executive vice president owned 733,841 shares of the company’s stock, valued at approximately $84,325,669.31. The trade was a 1.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP David Chojnowski sold 7,000 shares of the company’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 value of $746,550.00. Following the completion of the transaction, the senior vice president owned 136,289 shares in the company, valued at $14,535,221.85. This represents a 4.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 115,799 shares of company stock valued at $12,990,803 over the last ninety days. Corporate insiders own 0.10% of the company’s stock.

Walmart Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.