Birchbrook Inc. Reduces Position in Walmart Inc. $WMT

Birchbrook Inc. lowered its stake in Walmart Inc. (NYSE:WMT) by 6.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,826 shares of the retailer’s stock after selling 1,243 shares during the period. Walmart accounts for approximately 0.9% of Birchbrook Inc.’s holdings, making the stock its 22nd biggest holding. Birchbrook Inc.’s holdings in Walmart were worth $1,565,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Nuveen LLC purchased a new position in shares of Walmart during the first quarter valued at about $2,532,331,000. GAMMA Investing LLC raised its stake in Walmart by 9,896.9% in the first quarter. GAMMA Investing LLC now owns 7,939,728 shares of the retailer’s stock worth $697,029,000 after buying an additional 7,860,306 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Walmart by 30.1% in the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock worth $2,922,770,000 after buying an additional 7,706,201 shares in the last quarter. Wellington Management Group LLP raised its stake in Walmart by 527.1% in the first quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock worth $591,620,000 after buying an additional 5,664,484 shares in the last quarter. Finally, Ontario Teachers Pension Plan Board raised its stake in Walmart by 28,684.8% in the first quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock worth $371,295,000 after buying an additional 4,214,661 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction dated Monday, July 21st. The stock was sold at an average price of $95.14, for a total value of $380,560.00. Following the completion of the transaction, the executive vice president owned 1,056,455 shares of the company’s stock, valued at $100,511,128.70. The trade was a 0.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $95.85, for a total value of $1,258,031.25. Following the completion of the transaction, the executive vice president directly owned 945,434 shares of the company’s stock, valued at approximately $90,619,848.90. This represents a 1.37% decrease in their position. The disclosure for this sale can be found here. Insiders sold 121,382 shares of company stock worth $11,718,441 in the last 90 days. 0.10% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. DA Davidson reissued a “buy” rating and issued a $117.00 price target on shares of Walmart in a research note on Friday, May 16th. Guggenheim reissued a “buy” rating and set a $115.00 price objective (up previously from $112.00) on shares of Walmart in a research report on Monday, August 18th. KeyCorp raised their price objective on Walmart from $105.00 to $110.00 and gave the company an “overweight” rating in a research report on Monday, June 9th. Tigress Financial raised their price objective on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 3rd. Finally, JPMorgan Chase & Co. lowered their price objective on Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $110.76.

Walmart Price Performance

WMT opened at $102.64 on Friday. The stock has a 50-day moving average price of $98.61 and a 200-day moving average price of $95.37. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The firm has a market cap of $818.33 billion, a PE ratio of 38.59, a P/E/G ratio of 4.82 and a beta of 0.65. Walmart Inc. has a 1 year low of $77.49 and a 1 year high of $105.30.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). The company had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.Walmart’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Sell-side analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Company Profile

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.