Nissay Asset Management Corp Japan Sells 10,198 Shares of Walmart Inc. $WMT

Nissay Asset Management Corp Japan lowered its stake in Walmart Inc. (NASDAQ:WMT) by 0.7% during the second quarter, Holdings Channel.com reports. The fund owned 1,446,829 shares of the retailer’s stock after selling 10,198 shares during the period. Walmart accounts for approximately 0.7% of Nissay Asset Management Corp Japan’s holdings, making the stock its 29th largest holding. Nissay Asset Management Corp Japan’s holdings in Walmart were worth $163,868,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Entrust Financial LLC acquired a new position in shares of Walmart during the 4th quarter worth approximately $27,000. Merkkuri Wealth Advisors LLC acquired a new stake in shares of Walmart in the 1st quarter valued at approximately $29,000. Bay Harbor Wealth Management LLC grew its stake in shares of Walmart by 57.4% in the fourth quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock valued at $32,000 after buying an additional 105 shares in the last quarter. Sankala Group LLC bought a new position in shares of Walmart in the fourth quarter valued at $33,000. Finally, Motiv8 Investments LLC acquired a new position in Walmart during the fourth quarter worth $34,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Price Performance

NASDAQ:WMT opened at $104.87 on Tuesday. Walmart Inc. has a one year low of $95.79 and a one year high of $135.15. The company has a market cap of $834.56 billion, a P/E ratio of 37.86, a P/E/G ratio of 3.92 and a beta of 0.61. The firm’s fifty day moving average price is $111.65 and its two-hundred day moving average price is $120.24. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.23.

Walmart (NASDAQ:WMT) last posted its earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.07. The company had revenue of $187.94 billion during the quarter, compared to analysts’ expectations of $186.64 billion. Walmart had a net margin of 3.00% and a return on equity of 21.83%. Walmart’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.68 EPS. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Equities analysts expect that Walmart Inc. will post 2.87 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. JPMorgan Chase & Co. cut their price target on shares of Walmart from $137.00 to $125.00 and set an “overweight” rating for the company in a research note on Friday, August 21st. Freedom Broker upgraded shares of Walmart from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 20th. Wolfe Research reaffirmed an “outperform” rating and issued a $115.00 target price on shares of Walmart in a report on Friday, August 21st. Weiss Ratings downgraded shares of Walmart from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, July 31st. Finally, BNP Paribas Exane reiterated an “outperform” rating and set a $137.00 price target (down from $146.00) on shares of Walmart in a report on Friday, August 21st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $131.88.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart agreed to pay $50 million to settle U.S. Justice Department allegations involving improperly filled opioid prescriptions. Although the settlement carries a financial cost and reputational risk, it is viewed favorably because it resolves litigation that had exposed the company to potentially billions of dollars in civil penalties. Walmart described the payment as immaterial. Walmart escapes major legal penalty for a fraction of the cost
• Positive Sentiment: Walmart’s U.S. marketplace sales increased 52%, supported by a broader product selection, greater use of fulfillment services and international expansion in Mexico and Canada. Sustaining this momentum could improve e-commerce growth and marketplace profitability. Walmart’s Marketplace Momentum Builds
• Positive Sentiment: Tigress Financial reaffirmed its buy rating and set a $155 price target, implying substantial upside from recent trading levels. This reflects confidence in Walmart’s long-term earnings and growth prospects. Benzinga analyst rating
• Neutral Sentiment: Commentary highlights Walmart’s 53-year record of dividend increases and notes that the stock is well below its peak. However, its dividend yield remains relatively low and its valuation is still elevated compared with the broader market. Walmart dividend analysis
• Negative Sentiment: Erste Group Bank lowered its fiscal 2027 EPS estimates, signaling expectations for slower earnings growth or increased cost pressure. Walmart’s recent earnings-related share-price weakness also indicates that investors remain sensitive to the company’s premium valuation. FY2027 EPS Estimates for Walmart Cut

Insider Activity at Walmart

In other news, EVP David W. Guggina sold 11,978 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $119.82, for a total value of $1,435,203.96. Following the transaction, the executive vice president owned 125,067 shares of the company’s stock, valued at approximately $14,985,527.94. This represents a 8.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher James Nicholas sold 2,900 shares of the stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $106.34, for a total value of $308,386.00. Following the transaction, the executive vice president owned 569,153 shares in the company, valued at approximately $60,523,730.02. This trade represents a 0.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 77,292 shares of company stock valued at $8,421,143 in the last 90 days. Insiders own 0.09% of the company’s stock.

Walmart Company 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.