Livforsakringsbolaget Skandia Omsesidigt Sells 20,653 Shares of Walmart Inc. $WMT

Livforsakringsbolaget Skandia Omsesidigt reduced its position in shares of Walmart Inc. (NASDAQ:WMT) by 18.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 92,100 shares of the retailer’s stock after selling 20,653 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Walmart were worth $11,465,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Signet Financial Management LLC raised its position in shares of Walmart by 11.7% in the first quarter. Signet Financial Management LLC now owns 3,203 shares of the retailer’s stock worth $398,000 after buying an additional 336 shares in the last quarter. SouthState Bank Corp grew its position in Walmart by 3.9% during the first quarter. SouthState Bank Corp now owns 265,896 shares of the retailer’s stock worth $33,046,000 after buying an additional 10,018 shares in the last quarter. Sigma Planning Corp increased its stake in Walmart by 3.6% in the 1st quarter. Sigma Planning Corp now owns 116,180 shares of the retailer’s stock worth $14,440,000 after acquiring an additional 4,064 shares during the last quarter. Cornerstone Advisory LLC increased its stake in Walmart by 1.4% in the 1st quarter. Cornerstone Advisory LLC now owns 15,283 shares of the retailer’s stock worth $1,899,000 after acquiring an additional 204 shares during the last quarter. Finally, Conservest Capital Advisors Inc. raised its holdings in shares of Walmart by 3.3% in the 1st quarter. Conservest Capital Advisors Inc. now owns 4,488 shares of the retailer’s stock valued at $558,000 after acquiring an additional 144 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart continues to benefit from strong momentum in higher-margin businesses such as advertising, membership, and e-commerce, which are growing faster than its core store operations and supporting the long-term growth story. Where Will Walmart Stock Be in 5 Years?
• Positive Sentiment: Walmart just announced its 53rd dividend increase, reinforcing its appeal as a defensive, income-producing stock for investors looking for steady cash returns. Walmart just declared its 53rd dividend increase
• Positive Sentiment: Recent coverage also highlights Walmart+ membership growth and faster delivery as drivers of recurring revenue and deeper customer engagement, which could help sustain sales momentum. Can Walmart+ Membership Keep WMT’s Growth Momentum Alive?

Analyst Upgrades and Downgrades

Several research analysts have recently commented on WMT shares. TD Cowen reissued a “buy” rating and set a $150.00 price objective (up from $145.00) on shares of Walmart in a report on Thursday, May 7th. BTIG Research reaffirmed a “buy” rating and issued a $145.00 target price on shares of Walmart in a research note on Wednesday, June 3rd. BMO Capital Markets reiterated an “outperform” rating on shares of Walmart in a research report on Friday, May 22nd. Evercore reissued an “outperform” rating on shares of Walmart in a report on Monday, May 18th. Finally, BNP Paribas Exane lowered their price objective on shares of Walmart from $147.00 to $146.00 and set an “outperform” rating on the stock in a research report on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Walmart presently has a consensus rating of “Moderate Buy” and an average price target of $138.85.

Walmart Trading Down 0.9%

NASDAQ:WMT opened at $113.70 on Wednesday. The firm has a market capitalization of $904.83 billion, a P/E ratio of 39.89, a P/E/G ratio of 4.28 and a beta of 0.60. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42. The company has a fifty day moving average of $119.80 and a 200 day moving average of $122.07. Walmart Inc. has a 52 week low of $94.43 and a 52 week high of $135.15.

Walmart (NASDAQ:WMT) last released its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.66. The firm had revenue of $177.75 billion for the quarter, compared to analysts’ expectations of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.61 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. On average, research analysts predict that Walmart Inc. will post 2.89 earnings per share for the current year.

Insider Buying and Selling at Walmart

In related news, EVP Latriece Watkins sold 11,000 shares of the firm’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $118.97, for a total value of $1,308,670.00. Following the completion of the sale, the executive vice president owned 120,203 shares of the company’s stock, valued at $14,300,550.91. This trade represents a 8.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP David W. Guggina sold 11,978 shares of Walmart stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the completion of the sale, the executive vice president owned 125,067 shares in the company, valued at approximately $14,985,527.94. This trade represents a 8.74% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 103,170 shares of company stock worth $12,692,133 over the last three months. 0.09% of the stock is owned by corporate insiders.

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.