Walmart Inc. $WMT Holdings Decreased by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado cut its holdings in Walmart Inc. (NASDAQ:WMT) by 2.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 4,202,281 shares of the retailer’s stock after selling 84,536 shares during the quarter. Walmart makes up approximately 1.7% of Public Employees Retirement Association of Colorado’s investment portfolio, making the stock its 10th biggest position. Public Employees Retirement Association of Colorado’s holdings in Walmart were worth $468,176,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of WMT. Entrust Financial LLC purchased a new stake in Walmart during the 4th quarter valued at about $27,000. Redmont Wealth Advisors LLC purchased a new stake in Walmart during the 3rd quarter valued at about $30,000. Beacon Financial Strategies CORP purchased a new stake in Walmart during the 4th quarter valued at about $30,000. Bay Harbor Wealth Management LLC grew its position in Walmart by 57.4% during the 4th quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock valued at $32,000 after purchasing an additional 105 shares during the last quarter. Finally, Clayton Financial Group LLC grew its position in Walmart by 193.0% during the 4th quarter. Clayton Financial Group LLC now owns 293 shares of the retailer’s stock valued at $33,000 after purchasing an additional 193 shares during the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Walmart

In other news, Director C Douglas Mcmillon sold 19,416 shares of the 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 owned 4,174,579 shares in the company, valued at $495,230,306.77. This represents a 0.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP David W. Guggina sold 11,978 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the completion of the transaction, the executive vice president owned 125,067 shares in the company, valued at $14,985,527.94. This trade represents a 8.74% 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. Over the last ninety days, insiders have sold 128,986 shares of company stock worth $15,927,908. 0.09% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts recently commented on WMT shares. DA Davidson set a $150.00 price objective on shares of Walmart and gave the company a “buy” rating in a research report on Friday, February 20th. Roth Mkm reissued a “buy” rating and set a $138.00 price objective on shares of Walmart in a research report on Friday, February 20th. Guggenheim upped their target price on shares of Walmart from $120.00 to $137.00 and gave the company a “buy” rating in a research note on Monday, April 13th. HSBC cut shares of Walmart from a “buy” rating to a “hold” rating and upped their target price for the company from $122.00 to $131.00 in a research note on Friday, February 20th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Walmart in a research note on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $138.85.

Walmart Price Performance

Shares of NASDAQ:WMT opened at $121.04 on Monday. The firm’s 50 day moving average price is $125.28 and its 200-day moving average price is $121.78. Walmart Inc. has a twelve month low of $93.62 and a twelve month 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 stock has a market capitalization of $963.25 billion, a PE ratio of 42.47, a price-to-earnings-growth ratio of 4.52 and a beta of 0.60.

Walmart (NASDAQ:WMT) last issued its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, hitting the consensus estimate of $0.66. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The firm 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 business earned $0.61 EPS. The business’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. Equities research analysts expect that Walmart Inc. will post 2.89 EPS for the current year.

About Walmart

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.