AlphaQuest LLC Acquires 5,527 Shares of Walmart Inc. $WMT

Key Points

• AlphaQuest LLC increased its stake in Walmart Inc. by 74.0%, acquiring an additional 5,527 shares to bring its total holdings to 12,994 shares valued at approximately $1.27 million.
• Institutional investors are heavily investing in Walmart, with Kingstone Capital Partners Texas LLC growing its holdings by an astonishing 397,264.9% during the second quarter.
• Walmart's current consensus rating is a "Moderate Buy" with 31 analysts rating the stock as a Buy; the consensus target price is $113.07.

AlphaQuest LLC grew its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 74.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,994 shares of the retailer's stock after acquiring an additional 5,527 shares during the period. AlphaQuest LLC's holdings in Walmart were worth $1,271,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Kingstone Capital Partners Texas LLC increased its holdings in Walmart by 397,264.9% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer's stock worth $10,496,702,000 after acquiring an additional 104,488,610 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Walmart in the first quarter worth $2,532,331,000. Goldman Sachs Group Inc. increased its stake in shares of Walmart by 30.1% in the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer's stock worth $2,922,770,000 after purchasing an additional 7,706,201 shares in the last quarter. Wellington Management Group LLP raised its position in shares of Walmart by 527.1% during the 1st quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer's stock valued at $591,620,000 after purchasing an additional 5,664,484 shares during the period. Finally, Ontario Teachers Pension Plan Board lifted its stake in shares of Walmart by 28,684.8% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer's stock valued at $371,295,000 after buying an additional 4,214,661 shares in the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on WMT shares. Truist Financial cut their price target on Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a research note on Friday, August 22nd. Tigress Financial increased their target price on Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research report on Wednesday, September 3rd. Piper Sandler reissued an "overweight" rating and issued a $111.00 price target on shares of Walmart in a report on Wednesday, September 24th. Bank of America upped their price target on Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research note on Wednesday, September 17th. Finally, JPMorgan Chase & Co. reduced their price objective 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. Thirty-one analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Walmart currently has a consensus rating of "Moderate Buy" and a consensus target price of $113.07.

Insiders Place Their Bets

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the firm's stock in a transaction dated Thursday, October 23rd. The shares were sold at an average price of $107.18, for a total value of $2,081,006.88. Following the completion of the sale, the chief executive officer owned 4,354,162 shares in the company, valued at approximately $466,679,083.16. This trade represents a 0.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Daniel J. Bartlett sold 1,550 shares of the firm's stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $107.46, for a total transaction of $166,563.00. Following the completion of the sale, the executive vice president directly owned 644,418 shares of the company's stock, valued at approximately $69,249,158.28. The trade was a 0.24% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 151,038 shares of company stock worth $15,525,280. 0.10% of the stock is currently owned by company insiders.

Walmart Trading Down 0.6%

WMT stock opened at $106.22 on Friday. The firm has a fifty day moving average price of $102.17 and a 200 day moving average price of $98.73. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $109.57. The firm has a market cap of $846.91 billion, a PE ratio of 39.93, a price-to-earnings-growth ratio of 5.00 and a beta of 0.67. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). The business had revenue of $169.34 billion during the quarter, compared to analysts' expectations of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business's quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Sell-side analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Company 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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