Intech Investment Management LLC Has $68.65 Million Stock Holdings in Walmart Inc. $WMT

Intech Investment Management LLC lowered its position in Walmart Inc. (NYSE:WMT - Free Report) by 14.2% during the first quarter, according to its most recent filing with the SEC. The firm owned 781,967 shares of the retailer's stock after selling 129,795 shares during the period. Walmart accounts for approximately 0.7% of Intech Investment Management LLC's portfolio, making the stock its 21st largest position. Intech Investment Management LLC's holdings in Walmart were worth $68,649,000 at the end of the most recent reporting period.

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A number of other hedge funds and other institutional investors have also recently modified their holdings of WMT. Brighton Jones LLC lifted its position in shares of Walmart by 28.8% in the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock worth $8,868,000 after purchasing an additional 21,939 shares during the period. Revolve Wealth Partners LLC lifted its position in shares of Walmart by 5.8% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock worth $800,000 after purchasing an additional 485 shares during the period. Highview Capital Management LLC DE lifted its position in shares of Walmart by 4.9% in the 4th quarter. Highview Capital Management LLC DE now owns 36,945 shares of the retailer's stock worth $3,338,000 after purchasing an additional 1,720 shares during the period. Janus Henderson Group PLC lifted its position in shares of Walmart by 17.4% in the 4th quarter. Janus Henderson Group PLC now owns 752,624 shares of the retailer's stock worth $68,037,000 after purchasing an additional 111,513 shares during the period. Finally, Lazard Asset Management LLC lifted its position in shares of Walmart by 64.8% during the 4th quarter. Lazard Asset Management LLC now owns 508,433 shares of the retailer's stock valued at $45,936,000 after acquiring an additional 199,931 shares during the period. Institutional investors and hedge funds own 26.76% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on WMT shares. KeyCorp boosted their target price on shares of Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a research report on Monday, June 9th. The Goldman Sachs Group boosted their target price on shares of Walmart from $101.00 to $114.00 and gave the company a "buy" rating in a research report on Friday, August 22nd. Truist Financial dropped their target price on shares of Walmart from $111.00 to $109.00 and set a "buy" rating on the stock in a research report on Friday, August 22nd. JPMorgan Chase & Co. dropped their target price on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a research report on Friday, August 22nd. Finally, Robert W. Baird boosted their target price on shares of Walmart from $100.00 to $110.00 and gave the company an "outperform" rating in a research report on Friday, May 16th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $110.76.

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Read Our Latest Stock Report on WMT

Walmart Stock Performance

NYSE WMT opened at $102.34 on Wednesday. Walmart Inc. has a 1 year low of $77.28 and a 1 year high of $105.30. 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 $815.94 billion, a price-to-earnings ratio of 38.47, a PEG ratio of 4.92 and a beta of 0.65. The company has a fifty day moving average price of $98.46 and a 200-day moving average price of $95.27.

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Walmart (NYSE:WMT - Get Free Report) last posted its 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). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. During the same quarter in the previous year, the company earned $0.67 EPS. The business's revenue was up 4.8% compared to the same quarter last year. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. As a group, equities research analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Transactions at Walmart

In other news, EVP John D. Rainey sold 2,200 shares of the company's stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $97.37, for a total value of $214,214.00. Following the completion of the sale, the executive vice president owned 623,918 shares in the company, valued at $60,750,895.66. This represents a 0.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company's stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $100.96, for a total transaction of $403,840.00. Following the completion of the sale, the executive vice president owned 1,052,455 shares of the company's stock, valued at approximately $106,255,856.80. The trade was a 0.38% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 121,382 shares of company stock worth $11,718,441. 0.10% of the stock is owned by insiders.

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.

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