Handelsbanken Fonder AB Has $192.13 Million Stock Holdings in Walmart Inc. $WMT

Handelsbanken Fonder AB decreased its position in shares of Walmart Inc. (NASDAQ:WMT) by 3.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,696,392 shares of the retailer’s stock after selling 68,109 shares during the period. Handelsbanken Fonder AB’s holdings in Walmart were worth $192,133,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in WMT. Vanguard Group Inc. boosted its holdings in shares of Walmart by 1.0% in 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 in the last quarter. State Street Corp increased its stake in shares of Walmart by 1.2% in the 3rd quarter. State Street Corp now owns 184,805,978 shares of the retailer’s stock valued at $19,046,104,000 after purchasing an additional 2,242,364 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Walmart by 6.8% during the 4th quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer’s stock worth $11,426,753,000 after buying an additional 6,517,394 shares in the last quarter. Norges Bank acquired a new position in shares of Walmart during the 4th quarter worth $6,458,529,000. Finally, Fisher Asset Management LLC lifted its position in shares of Walmart by 0.8% during the 4th quarter. Fisher Asset Management LLC now owns 40,626,852 shares of the retailer’s stock worth $4,526,238,000 after buying an additional 328,229 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

Insider Activity at Walmart

In related news, EVP Daniel J. Bartlett sold 3,775 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $109.64, for a total value of $413,891.00. Following the sale, the executive vice president owned 630,009 shares of the company’s stock, valued at $69,074,186.76. The trade was a 0.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 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 on Wednesday, June 10th. The shares were 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 of the company’s stock, valued at $14,985,527.94. The trade was a 8.74% decrease in their ownership of the stock. 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. Insiders have sold 71,439 shares of company stock valued at $8,544,532 in the last quarter. Insiders own 0.09% of the company’s stock.

Walmart Stock Up 0.7%

Shares of NASDAQ WMT opened at $112.66 on Tuesday. The company has a 50 day simple moving average of $114.46 and a 200 day simple moving average of $121.63. The firm has a market cap of $896.56 billion, a PE ratio of 39.53, a price-to-earnings-growth ratio of 4.17 and a beta of 0.61. Walmart Inc. has a 1 year low of $95.42 and a 1 year high of $135.15. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.23.

Walmart (NASDAQ:WMT) last posted its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, hitting analysts’ consensus estimates 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 analyst estimates of $174.84 billion. During the same period in the previous year, the firm posted $0.61 EPS. The company’s revenue for the quarter 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, research analysts forecast that Walmart Inc. will post 2.89 EPS for the current year.

Wall Street Analyst Weigh In

WMT has been the topic of a number of recent analyst reports. Weiss Ratings cut Walmart from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, July 31st. Erste Group Bank cut shares of Walmart from a “buy” rating to a “hold” rating in a report on Friday, June 5th. Sanford C. Bernstein set a $142.00 price target on shares of Walmart and gave the company an “outperform” rating in a research note on Friday, July 31st. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $137.00 price target on shares of Walmart in a report on Wednesday, July 22nd. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Walmart in a research report on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $138.56.

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.