Walmart Inc. $WMT Shares Acquired by Federated Hermes Inc.

Federated Hermes Inc. lifted its stake in shares of Walmart Inc. (NYSE:WMT) by 10.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 512,372 shares of the retailer’s stock after acquiring an additional 49,342 shares during the quarter. Federated Hermes Inc.’s holdings in Walmart were worth $50,100,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Access Investment Management LLC acquired a new position in shares of Walmart during the second quarter worth about $26,000. Operose Advisors LLC lifted its stake in Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after acquiring an additional 243 shares during the last quarter. PFS Partners LLC grew its holdings in Walmart by 267.8% during the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after acquiring an additional 233 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd increased its position in shares of Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock valued at $32,000 after purchasing an additional 294 shares during the last quarter. Finally, Ridgewood Investments LLC raised its holdings in shares of Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after purchasing an additional 115 shares in the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Walmart Trading Down 1.1%

WMT opened at $113.80 on Tuesday. The company has a quick ratio of 0.24, a current ratio of 0.80 and a debt-to-equity ratio of 0.39. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $116.27. The business’s 50 day moving average is $105.28 and its two-hundred day moving average is $101.01. The firm has a market cap of $906.97 billion, a price-to-earnings ratio of 39.79, a price-to-earnings-growth ratio of 5.32 and a beta of 0.64.

Walmart (NYSE:WMT) last announced its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. The business had revenue of $179.50 billion for the quarter, compared to analyst estimates of $175.15 billion. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period last year, the firm posted $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, research analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Insider Buying and Selling

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction dated Thursday, September 25th. The shares were sold at an average price of $103.21, for a total value of $2,003,925.36. Following the completion of the sale, the chief executive officer directly owned 4,373,576 shares of the company’s stock, valued at approximately $451,396,778.96. This represents a 0.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $103.83, for a total value of $415,320.00. Following the transaction, the executive vice president directly owned 1,048,455 shares in the company, valued at approximately $108,861,082.65. This represents a 0.38% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 158,013 shares of company stock valued at $16,657,847 in the last quarter. Corporate insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

WMT has been the subject of a number of analyst reports. Royal Bank Of Canada reiterated an “outperform” rating and set a $116.00 target price on shares of Walmart in a research note on Friday, November 21st. Evercore ISI reaffirmed an “outperform” rating and set a $115.00 price objective (up from $111.00) on shares of Walmart in a research report on Friday, November 21st. Bank of America increased their price objective on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, September 17th. Robert W. Baird boosted their target price on Walmart from $110.00 to $121.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. Finally, The Goldman Sachs Group increased their price target on shares of Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, August 22nd. Thirty-one research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $119.00.

Walmart 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.