AM Investment Strategies LLC Has $3.25 Million Stake in Walmart Inc. $WMT

Key Points

• AM Investment Strategies LLC increased its stake in Walmart Inc. by 35.8% in Q2, now holding a total of 33,206 shares valued at approximately $3.25 million.
• Walmart reported earnings per share of $0.68 for the latest quarter, missing expectations of $0.74, with revenues of $169.34 billion compared to estimates of $174.02 billion.
• Analysts have a consensus rating of "Moderate Buy" for Walmart's stock, with price target estimates ranging from $110 to $118.

AM Investment Strategies LLC increased its position in Walmart Inc. (NYSE:WMT - Free Report) by 35.8% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 33,206 shares of the retailer's stock after purchasing an additional 8,747 shares during the period. Walmart comprises about 0.8% of AM Investment Strategies LLC's investment portfolio, making the stock its 23rd biggest holding. AM Investment Strategies LLC's holdings in Walmart were worth $3,246,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in Walmart by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer's stock worth $37,395,120,000 after purchasing an additional 3,224,154 shares during the period. Kingstone Capital Partners Texas LLC boosted its stake 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 purchasing an additional 104,488,610 shares during the period. Goldman Sachs Group Inc. boosted its stake in Walmart by 30.1% in the 1st 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 during the period. Ameriprise Financial Inc. boosted its stake in Walmart by 1.3% in the 1st quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer's stock worth $2,710,665,000 after purchasing an additional 387,424 shares during the period. Finally, Invesco Ltd. boosted its stake in Walmart by 2.9% in the 1st quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer's stock worth $2,562,427,000 after purchasing an additional 823,020 shares during the period. Institutional investors and hedge funds own 26.76% of the company's stock.

Walmart Stock Down 0.4%

Walmart stock opened at $102.44 on Wednesday. The company has a market capitalization of $816.76 billion, a P/E ratio of 38.51, a P/E/G ratio of 4.85 and a beta of 0.65. The firm's fifty day simple moving average is $99.68 and its 200-day simple moving average is $95.77. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 1-year low of $78.98 and a 1-year high of $106.11.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same quarter in the prior year, the business posted $0.67 EPS. The firm's revenue for the quarter 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. Sell-side analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have issued reports on WMT. Telsey Advisory Group increased their target price on shares of Walmart from $115.00 to $118.00 and gave the stock an "outperform" rating in a research report on Friday, August 22nd. The Goldman Sachs Group increased their target price on shares of Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a research report on Friday, August 22nd. JPMorgan Chase & Co. cut their target price on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a research report on Friday, August 22nd. KeyCorp increased their target price on shares of Walmart from $105.00 to $110.00 and gave the stock an "overweight" rating in a research report on Monday, June 9th. Finally, Mizuho reiterated an "outperform" rating and issued a $115.00 target price on shares of Walmart in a research report on Wednesday, August 13th. Twenty-nine investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $112.62.

Insider Activity

In related news, CTO Suresh Kumar sold 30,000 shares of the firm's stock in a transaction on Friday, September 12th. The shares were sold at an average price of $103.47, for a total value of $3,104,100.00. Following the transaction, the chief technology officer directly owned 1,787,200 shares in the company, valued at approximately $184,921,584. This trade represents a 1.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm's stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total transaction of $403,840.00. Following the completion of the transaction, the executive vice president owned 1,052,455 shares in the company, valued at $106,255,856.80. The trade was a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 151,232 shares of company stock valued at $14,960,635. 0.10% of the stock is owned by corporate insiders.

About Walmart

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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