Baader Bank reduces Walmart stake by 17.4% in Q1 2026
Baader Bank Aktiengesellschaft decreased its holdings in Walmart Inc. by 17.4% in the first quarter of 2026, selling 15,415 shares and ending with 73,279 shares valued at approximately $9.1 million. Despite this reduction, Wall Street analysts maintain a 'Moderate Buy' consensus rating for Walmart, with an average price target of $138.85. The company's latest quarterly results met expectations, with earnings per share of $0.66 and revenue of $177.75 billion, a 7.4% increase year-over-year.
Key points
- Baader Bank reduces Walmart stake by 17.4% in Q1 2026.
- Analysts maintain 'Moderate Buy' rating for Walmart with average price target of $138.85.
- Walmart's Q1 2026 earnings per share at $0.66, revenue up 7.4% year-over-year.
Sources
AI-generated from public news sources. Not financial advice.