IFP Advisors Inc Boosts Stock Position in Walmart Inc. $WMT

IFP Advisors Inc lifted its position in Walmart Inc. (NYSE:WMT - Free Report) by 22.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 120,841 shares of the retailer's stock after buying an additional 22,015 shares during the quarter. IFP Advisors Inc's holdings in Walmart were worth $11,817,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of WMT. Vanguard Group Inc. increased its holdings in Walmart by 0.8% during 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 increased its holdings in 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 worth $10,496,702,000 after purchasing an additional 104,488,610 shares during the period. Goldman Sachs Group Inc. increased its holdings 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. increased its holdings in 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 purchasing an additional 387,424 shares during the period. Finally, Invesco Ltd. increased its holdings in Walmart by 2.9% during 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. Hedge funds and other institutional investors own 26.76% of the company's stock.

Walmart Stock Up 0.1%

Shares of NYSE WMT opened at $101.86 on Friday. The stock has a market cap of $812.10 billion, a PE ratio of 38.29, a price-to-earnings-growth ratio of 4.80 and a beta of 0.67. 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 Inc. has a 52-week low of $79.37 and a 52-week high of $106.11. The business has a 50-day moving average price of $101.22 and a 200 day moving average price of $97.18.

Walmart (NYSE:WMT - Get Free Report) last announced its 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 firm had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period last year, the company 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. Equities research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on WMT. Weiss Ratings restated a "buy (b)" rating on shares of Walmart in a report on Wednesday. Erste Group Bank raised Walmart from a "hold" rating to a "buy" rating in a research report on Tuesday, August 5th. Mizuho reaffirmed an "outperform" rating and set a $115.00 price objective on shares of Walmart in a research report on Wednesday, August 13th. Tigress Financial upped their price objective on Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research report on Wednesday, September 3rd. Finally, Guggenheim reaffirmed a "buy" rating and set a $115.00 price objective (up from $112.00) on shares of Walmart in a research report on Monday, August 18th. Thirty equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Walmart has an average rating of "Moderate Buy" and an average price target of $112.38.

Insider Activity

In other Walmart news, EVP John R. Furner sold 13,125 shares of the company's stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $103.74, for a total transaction of $1,361,587.50. Following the completion of the sale, the executive vice president directly owned 906,064 shares of the company's stock, valued at $93,995,079.36. This represents a 1.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company's stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $103.83, for a total value of $415,320.00. Following the sale, the executive vice president directly owned 1,048,455 shares of the company's stock, valued at approximately $108,861,082.65. This represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 151,232 shares of company stock worth $15,083,877 over the last quarter. 0.10% of the stock is owned by 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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