Vestcor Inc Decreases Position in Walmart Inc. $WMT

Vestcor Inc decreased its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 19.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 251,823 shares of the retailer’s stock after selling 61,378 shares during the quarter. Walmart comprises approximately 0.8% of Vestcor Inc’s investment portfolio, making the stock its 15th largest holding. Vestcor Inc’s holdings in Walmart were worth $28,056,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Fox Run Management L.L.C. acquired a new stake in Walmart during the third quarter worth approximately $1,709,000. Vise Technologies Inc. grew its stake in Walmart by 42.1% during the fourth quarter. Vise Technologies Inc. now owns 275,341 shares of the retailer’s stock worth $30,676,000 after purchasing an additional 81,635 shares during the period. Van ECK Associates Corp grew its stake in Walmart by 2.9% during the third quarter. Van ECK Associates Corp now owns 1,010,886 shares of the retailer’s stock worth $104,182,000 after purchasing an additional 28,026 shares during the period. Life Cycle Investment Partners Ltd acquired a new stake in Walmart during the fourth quarter worth approximately $40,855,000. Finally, Tennessee Valley Asset Management Partners grew its stake in Walmart by 466.6% during the third quarter. Tennessee Valley Asset Management Partners now owns 13,343 shares of the retailer’s stock worth $1,375,000 after purchasing an additional 10,988 shares during the period. Hedge funds and other 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 saw unusually heavy call-option buying, with traders purchasing 174,648 calls, about 43% above average volume. That suggests some investors are betting on a rebound or near-term upside.
• Positive Sentiment: Walmart expanded its delivery business by adding Subway meals to its Express Delivery offering, allowing customers to order freshly made food through the Walmart app or website and receive it in as little as 30 minutes. The move could help Walmart boost order frequency, strengthen its convenience proposition, and take a larger share of meal budgets. Walmart Adds Express Delivery From In-Store Restaurants, Starting With Subway®
• Positive Sentiment: Shareholders backed Walmart’s 2026 annual meeting results, and management highlighted strong FY26 performance and its omnichannel model, reinforcing confidence in the company’s growth strategy. Walmart Announces 2026 Annual Shareholders’ Meeting Voting Results

Walmart Stock Performance

Shares of Walmart stock opened at $118.88 on Friday. The firm has a market capitalization of $946.06 billion, a P/E ratio of 41.71, a price-to-earnings-growth ratio of 4.39 and a beta of 0.59. The business’s fifty day simple moving average is $125.62 and its 200 day simple moving average is $121.07. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. Walmart Inc. has a 12 month low of $93.43 and a 12 month high of $135.15.

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

Insider Buying and Selling

In other news, EVP Latriece Watkins sold 11,000 shares of the business’s stock in a transaction dated 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 approximately $14,300,550.91. The trade was a 8.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $118.63, for a total value of $2,303,320.08. Following the transaction, the director directly owned 4,174,579 shares of the company’s stock, valued at $495,230,306.77. The trade was a 0.46% 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 117,008 shares of company stock worth $14,492,704 in the last 90 days. 0.09% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have commented on WMT shares. Morgan Stanley raised their price objective on Walmart from $135.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, April 22nd. Erste Group Bank cut Walmart from a “buy” rating to a “hold” rating in a research note on Friday. Wells Fargo & Company reissued an “overweight” rating and issued a $140.00 price objective (up from $130.00) on shares of Walmart in a research note on Tuesday, February 10th. BNP Paribas Exane reduced their price objective on Walmart from $147.00 to $146.00 and set an “outperform” rating for the company in a research note on Friday, May 22nd. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $138.00 price objective on shares of Walmart in a research note on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $138.85.

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.