Walmart Inc. $WMT Shares Bought by GAMMA Investing LLC

Key Points

• GAMMA Investing LLC increased its stake in Walmart Inc. by 24.7% during the 2nd quarter, acquiring an additional 22,341 shares, bringing its total holdings to approximately $11 million.
• Recent transactions indicate significant interest from institutional investors, with Operose Advisors LLC increasing its stake by 319.7% in the first quarter.
• Walmart's recent earnings report showed an EPS of $0.68, missing analysts' expectations, with a revenue of $169.34 billion compared to the anticipated $174.02 billion.

GAMMA Investing LLC boosted its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 24.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 112,781 shares of the retailer's stock after purchasing an additional 22,341 shares during the quarter. Walmart makes up 0.7% of GAMMA Investing LLC's holdings, making the stock its 20th largest position. GAMMA Investing LLC's holdings in Walmart were worth $11,028,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in Walmart by 0.8% in the first quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer's stock valued at $37,395,120,000 after purchasing an additional 3,224,154 shares during the period. Kingstone Capital Partners Texas LLC increased its position 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 valued at $10,496,702,000 after acquiring an additional 104,488,610 shares during the period. Goldman Sachs Group Inc. increased its position in Walmart by 30.1% during 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 shares of Walmart by 1.3% during the 1st quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer's stock worth $2,710,665,000 after acquiring an additional 387,424 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in Walmart by 2.9% in the 1st quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer's stock valued at $2,562,427,000 after buying an additional 823,020 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Analysts Set New Price Targets

WMT has been the topic of several research reports. Guggenheim reaffirmed a "buy" rating and issued a $115.00 target price (up from $112.00) on shares of Walmart in a research report on Monday, August 18th. Telsey Advisory Group lifted their price target on Walmart from $115.00 to $118.00 and gave the stock an "outperform" rating in a research note on Friday, August 22nd. KeyCorp lifted their target price on Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a research note on Monday, June 9th. Sanford C. Bernstein set a $117.00 price objective on Walmart and gave the stock an "outperform" rating in a research note on Friday, August 22nd. Finally, Bank of America upped their price target on Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a report on Wednesday, September 17th. One analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $112.03.

Walmart Price Performance

Shares of NYSE:WMT traded up $0.46 during midday trading on Monday, hitting $102.79. The stock had a trading volume of 12,856,457 shares, compared to its average volume of 16,199,768. The company's 50-day moving average price is $99.54 and its 200-day moving average price is $95.72. The company has a market capitalization of $819.53 billion, a P/E ratio of 38.64, a price-to-earnings-growth ratio of 4.82 and a beta of 0.65. Walmart Inc. has a fifty-two week low of $78.98 and a fifty-two week 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.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). The business had revenue of $169.34 billion for the quarter, compared to analyst estimates 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 quarter in the previous year, the company posted $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. As a group, equities research analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction on Friday, September 19th. The stock was sold at an average price of $103.83, for a total transaction of $415,320.00. Following the sale, the executive vice president owned 1,048,455 shares in the company, valued at approximately $108,861,082.65. This represents a 0.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,610 shares of the firm's stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $103.71, for a total value of $166,973.10. Following the completion of the sale, the executive vice president directly owned 645,968 shares of the company's stock, valued at approximately $66,993,341.28. This represents a 0.25% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 151,232 shares of company stock valued at $14,960,635 over the last quarter. 0.10% of the stock is owned by company insiders.

Walmart 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.