Ameriflex Group Inc. Has $355,000 Stock Holdings in Walmart Inc. $WMT

Key Points

• Ameriflex Group Inc. reduced its holdings in Walmart Inc. by 46.8% during the 2nd quarter, now owning shares worth $355,000.
• Kingstone Capital Partners Texas LLC significantly increased its Walmart holdings by 397,264.9%, owning over 104 million shares valued at approximately $10.5 billion.
• Walmart reported Q2 earnings of $0.68 EPS, missing estimates and generating $169.34 billion in revenue, which was 4.8% higher than the same quarter last year.

Ameriflex Group Inc. decreased its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 46.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,693 shares of the retailer's stock after selling 3,249 shares during the quarter. Ameriflex Group Inc.'s holdings in Walmart were worth $355,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Kingstone Capital Partners Texas LLC increased its holdings in shares of Walmart by 397,264.9% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer's stock valued at $10,496,702,000 after acquiring an additional 104,488,610 shares during the last quarter. Nuveen LLC bought a new stake in Walmart during the first quarter worth approximately $2,532,331,000. Goldman Sachs Group Inc. boosted its position in Walmart by 30.1% during 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 during the period. Wellington Management Group LLP grew its holdings in Walmart by 527.1% during the first 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 last quarter. Finally, Ontario Teachers Pension Plan Board raised its position in shares of Walmart by 28,684.8% in the first quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer's stock valued at $371,295,000 after purchasing an additional 4,214,661 shares during the period. Institutional investors and hedge funds own 26.76% of the company's stock.

Walmart Stock Up 0.4%

WMT stock opened at $102.15 on Friday. Walmart Inc. has a twelve month low of $78.98 and a twelve month high of $106.11. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The company has a market cap of $814.46 billion, a PE ratio of 38.40, a price-to-earnings-growth ratio of 4.81 and a beta of 0.67. The business's 50-day simple moving average is $100.77 and its 200 day simple moving average is $96.68.

Walmart (NYSE:WMT - Get Free Report) last announced 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). 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 prior year, the business posted $0.67 EPS. Walmart'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. On average, research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on WMT. Erste Group Bank raised shares of Walmart from a "hold" rating to a "buy" rating in a report on Tuesday, August 5th. Piper Sandler restated an "overweight" rating and set a $111.00 price target on shares of Walmart in a report on Wednesday, September 24th. KeyCorp raised their price target on Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a research report on Monday, June 9th. Truist Financial cut their price objective on Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a research report on Friday, August 22nd. Finally, Tigress Financial raised their target price on Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a report on Wednesday, September 3rd. Thirty research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Walmart presently has an average rating of "Moderate Buy" and a consensus price target of $112.38.

Insider Transactions at Walmart

In other Walmart news, CTO Suresh Kumar sold 30,000 shares of Walmart stock in a transaction on Friday, September 12th. The shares were sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the sale, the chief technology officer owned 1,787,200 shares in the company, valued at $184,921,584. The trade was a 1.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the completion of the transaction, the executive vice president owned 932,313 shares of the company's stock, valued at approximately $88,700,258.82. This represents a 1.39% decrease in their position. The disclosure for this sale can be found here. Insiders sold 151,232 shares of company stock valued at $15,083,877 in the last ninety days. 0.10% of the stock is owned by company insiders.

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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