UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduces Stock Holdings in Walmart Inc. $WMT

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 7.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,294,165 shares of the retailer’s stock after selling 2,103,047 shares during the quarter. Walmart accounts for about 0.6% of UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s portfolio, making the stock its 19th largest position. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.33% of Walmart worth $2,929,433,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in WMT. Norges Bank purchased a new position in Walmart during the 4th quarter worth $6,458,529,000. AQR Capital Management LLC grew its stake in Walmart by 188.1% during the 3rd quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer’s stock valued at $1,199,907,000 after purchasing an additional 7,614,172 shares during the last quarter. Geode Capital Management LLC grew its stake in Walmart by 6.8% during the 4th quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer’s stock valued at $11,426,753,000 after purchasing an additional 6,517,394 shares during the last quarter. Capital International Investors purchased a new stake in Walmart during the 4th quarter valued at about $592,848,000. Finally, Vanguard Group Inc. grew its stake in Walmart by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer’s stock valued at $49,015,626,000 after purchasing an additional 4,304,436 shares during the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Walmart

In other news, EVP Latriece Watkins sold 11,000 shares of the company’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 sale, the executive vice president owned 120,203 shares in the company, valued at $14,300,550.91. This represents a 8.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP David W. Guggina sold 11,978 shares of the company’s stock in a transaction dated 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 completion of the sale, the executive vice president owned 125,067 shares in the company, valued at $14,985,527.94. The trade was a 8.74% 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. Over the last ninety days, insiders have sold 128,986 shares of company stock valued at $15,927,908. 0.09% of the stock is owned by insiders.

Walmart Stock Up 0.4%

Shares of WMT opened at $121.04 on Friday. Walmart Inc. has a 52 week low of $93.62 and a 52 week high of $135.15. 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 market capitalization of $963.25 billion, a price-to-earnings ratio of 42.47, a PEG ratio of 4.50 and a beta of 0.59. The stock’s 50-day moving average price is $125.28 and its 200-day moving average price is $121.66.

Walmart (NASDAQ:WMT) last issued its earnings results on Thursday, May 21st. The retailer reported $0.66 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 firm had revenue of $177.75 billion for the quarter, compared to the consensus estimate of $174.84 billion. During the same quarter in the prior year, the business earned $0.61 earnings per share. The company’s revenue was up 7.4% compared to the same quarter last year. 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, sell-side analysts predict that Walmart Inc. will post 2.89 EPS for the current year.

Analyst Ratings Changes

Several analysts have weighed in on WMT shares. Piper Sandler reiterated an “overweight” rating on shares of Walmart in a research note on Monday. Guggenheim boosted their price target on Walmart from $120.00 to $137.00 and gave the company a “buy” rating in a research note on Monday, April 13th. Freedom Capital upgraded Walmart from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 21st. Telsey Advisory Group boosted their price target on Walmart from $135.00 to $140.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. Finally, BNP Paribas Exane dropped their price target on Walmart from $147.00 to $146.00 and set an “outperform” rating on the stock in a research note on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Walmart has an average rating of “Moderate Buy” and a consensus target price 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.