Iams Wealth Management LLC Takes $710,000 Position in Walmart Inc. $WMT

Key Points

• Iams Wealth Management LLC has acquired a new stake in Walmart Inc., purchasing 7,265 shares valued at approximately $710,000.
• Hedge funds and institutional investors dominate Walmart's stock, owning 26.76% of its shares, with some firms significantly increasing their stakes in recent quarters.
• Walmart's recent earnings report showed $0.68 EPS, missing consensus estimates, with revenue of $169.34 billion, below the projected $174.02 billion.

Iams Wealth Management LLC purchased a new stake in shares of Walmart Inc. (NYSE:WMT - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 7,265 shares of the retailer's stock, valued at approximately $710,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in WMT. Kingstone Capital Partners Texas LLC increased its position 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 purchasing an additional 104,488,610 shares during the last quarter. Nuveen LLC purchased a new stake in Walmart in the 1st quarter worth approximately $2,532,331,000. GAMMA Investing LLC increased its holdings in Walmart by 9,896.9% in the 1st quarter. GAMMA Investing LLC now owns 7,939,728 shares of the retailer's stock worth $697,029,000 after acquiring an additional 7,860,306 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings 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 acquiring an additional 7,706,201 shares in the last quarter. Finally, Wellington Management Group LLP increased its holdings in Walmart by 527.1% in the 1st quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer's stock worth $591,620,000 after acquiring an additional 5,664,484 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

Analysts Set New Price Targets

Several research firms recently issued reports on WMT. Tigress Financial increased their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday, September 3rd. Guggenheim reissued a "buy" rating and issued a $115.00 target price (up from $112.00) on shares of Walmart in a report on Monday, August 18th. JPMorgan Chase & Co. reduced their target price on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a report on Friday, August 22nd. Evercore ISI reissued an "outperform" rating and issued a $110.00 target price (up from $108.00) on shares of Walmart in a report on Monday, August 18th. Finally, 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 report on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $112.03.

Insider Buying and Selling

In related news, EVP John R. Furner sold 13,125 shares of the firm's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $98.55, for a total value of $1,293,468.75. Following the completion of the sale, the executive vice president directly owned 919,189 shares in the company, valued at $90,586,075.95. This trade represents a 1.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the firm's stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $97.37, for a total value of $214,214.00. Following the completion of the sale, the executive vice president owned 623,918 shares of the company's stock, valued at approximately $60,750,895.66. This represents a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 134,107 shares of company stock valued at $13,183,727 over the last 90 days. 0.10% of the stock is currently owned by insiders.

Walmart Stock Down 1.2%

Shares of WMT opened at $102.40 on Monday. The company has a market cap of $816.42 billion, a PE ratio of 38.50, a P/E/G ratio of 4.82 and a beta of 0.65. The business has a fifty day moving average of $99.40 and a 200 day moving average of $95.64. Walmart Inc. has a 52-week low of $78.11 and a 52-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 issued its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). The company had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm's quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the prior 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. On average, sell-side analysts expect that Walmart Inc. will post 2.55 EPS for the current 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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