Strs Ohio Reduces Holdings in Walmart Inc. $WMT

Strs Ohio reduced its stake in Walmart Inc. (NASDAQ:WMT) by 4.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,338,119 shares of the retailer’s stock after selling 61,353 shares during the period. Walmart comprises 0.5% of Strs Ohio’s investment portfolio, making the stock its 27th largest position. Strs Ohio’s holdings in Walmart were worth $137,907,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in WMT. Atlas Legacy Advisors LLC grew its stake in shares of Walmart by 24.4% in the third quarter. Atlas Legacy Advisors LLC now owns 10,832 shares of the retailer’s stock worth $1,116,000 after purchasing an additional 2,125 shares during the last quarter. Outlook Wealth Advisors LLC increased its stake in shares of Walmart by 17.4% in the 3rd quarter. Outlook Wealth Advisors LLC now owns 7,640 shares of the retailer’s stock worth $787,000 after acquiring an additional 1,131 shares in the last quarter. Johnson Financial Group LLC lifted its holdings in shares of Walmart by 125.4% during the third quarter. Johnson Financial Group LLC now owns 5,043 shares of the retailer’s stock valued at $520,000 after purchasing an additional 2,806 shares during the last quarter. Traub Capital Management LLC raised its stake in Walmart by 181.6% during the third quarter. Traub Capital Management LLC now owns 3,083 shares of the retailer’s stock valued at $318,000 after buying an additional 1,988 shares during the last quarter. Finally, Woodard & Co. Asset Management Group Inc. ADV raised its stake in Walmart by 22.0% during the 3rd quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 17,482 shares of the retailer’s stock valued at $1,802,000 after buying an additional 3,157 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on WMT shares. Deutsche Bank Aktiengesellschaft lowered shares of Walmart from a “buy” rating to a “hold” rating and set a $119.00 target price for the company. in a research report on Thursday, January 8th. Evercore ISI set a $120.00 target price on shares of Walmart and gave the company an “outperform” rating in a research report on Tuesday, December 16th. JPMorgan Chase & Co. increased their price objective on shares of Walmart from $128.00 to $129.00 and gave the stock an “overweight” rating in a research report on Friday, November 21st. Wells Fargo & Company reissued an “overweight” rating and issued a $130.00 price objective (up previously from $120.00) on shares of Walmart in a research note on Friday, December 19th. Finally, Wall Street Zen cut Walmart from a “buy” rating to a “hold” rating in a research note on Sunday, January 18th. Thirty-two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $123.03.

Walmart Stock Down 1.3%

Shares of NASDAQ WMT opened at $117.81 on Friday. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $121.62. The stock’s fifty day simple moving average is $112.76 and its two-hundred day simple moving average is $105.07. The stock has a market capitalization of $938.93 billion, a PE ratio of 41.19, a price-to-earnings-growth ratio of 5.09 and a beta of 0.66. The company has a current ratio of 0.80, a quick ratio of 0.24 and a debt-to-equity ratio of 0.39.

Walmart (NASDAQ:WMT) last issued its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The firm had revenue of $179.50 billion during the quarter, compared to analysts’ expectations of $175.15 billion. During the same period in the prior year, the business posted $0.58 EPS. The firm’s quarterly revenue was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Transactions at Walmart

In related news, EVP Donna Morris sold 9,384 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $120.19, for a total transaction of $1,127,862.96. Following the completion of the transaction, the executive vice president owned 536,312 shares in the company, valued at $64,459,339.28. The trade was a 1.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $114.91, for a total transaction of $1,508,193.75. Following the completion of the sale, the executive vice president owned 733,841 shares of the company’s stock, valued at approximately $84,325,669.31. This trade represents a 1.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 115,799 shares of company stock worth $12,990,803. 0.10% of the stock is owned by corporate insiders.

Walmart 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.