Investment Advisory Services Inc. TX ADV Acquires 3,011 Shares of Walmart Inc. $WMT

Key Points

• Investment Advisory Services Inc. TX ADV increased its stake in Walmart Inc. by 3.0% during the second quarter, acquiring an additional 3,011 shares, bringing its total to 104,219 shares worth approximately $10.2 million.
• Several hedge funds notably raised their positions in Walmart, with Operose Advisors LLC increasing its stake by a staggering 319.7% in the first quarter.
• Walmart's current average target price from analysts is $112.38, with 29 analysts issuing a "Buy" rating and one a "Hold" rating for the stock.

Investment Advisory Services Inc. TX ADV boosted its position in Walmart Inc. (NYSE:WMT - Free Report) by 3.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 104,219 shares of the retailer's stock after buying an additional 3,011 shares during the quarter. Walmart makes up about 3.4% of Investment Advisory Services Inc. TX ADV's portfolio, making the stock its 6th biggest position. Investment Advisory Services Inc. TX ADV's holdings in Walmart were worth $10,191,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Operose Advisors LLC raised its position in Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock valued at $28,000 after buying an additional 243 shares during the last quarter. PFS Partners LLC raised its position in Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer's stock valued at $31,000 after buying an additional 233 shares during the last quarter. Ridgewood Investments LLC raised its position in Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock valued at $32,000 after buying an additional 115 shares during the last quarter. Bear Mountain Capital Inc. raised its position in Walmart by 98.2% in the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock valued at $32,000 after buying an additional 167 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd raised its position in Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock valued at $32,000 after buying an additional 294 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Wall Street Analysts Forecast Growth

WMT has been the topic of a number of recent research reports. Bank of America lifted their target price on Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research report on Wednesday, September 17th. Oppenheimer raised their price target on Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research note on Wednesday, August 13th. KeyCorp raised their price target on Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a research note on Monday, June 9th. Piper Sandler restated an "overweight" rating and issued a $111.00 price target on shares of Walmart in a research note on Wednesday, September 24th. Finally, Erste Group Bank upgraded Walmart from a "hold" rating to a "buy" rating in a research note on Tuesday, August 5th. Twenty-nine investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, Walmart presently has an average rating of "Moderate Buy" and a consensus target price of $112.38.

Walmart Stock Performance

Shares of NYSE WMT opened at $103.01 on Tuesday. 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 12 month low of $78.98 and a 12 month high of $106.11. The stock has a 50 day moving average of $100.30 and a 200-day moving average of $96.31. The company has a market capitalization of $821.28 billion, a P/E ratio of 38.73, a P/E/G ratio of 4.86 and a beta of 0.65.

Walmart (NYSE:WMT - Get Free Report) last issued its earnings results on Thursday, August 21st. The retailer reported $0.68 EPS 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 the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business's revenue was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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. As a group, equities research analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Insider Buying and Selling at Walmart

In related news, CTO Suresh Kumar sold 30,000 shares of Walmart stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the completion of the sale, the chief technology officer directly owned 1,787,200 shares of the company's stock, valued at approximately $184,921,584. This trade represents a 1.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Daniel J. Bartlett sold 1,610 shares of Walmart stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $103.71, for a total value of $166,973.10. Following the sale, the executive vice president directly owned 645,968 shares of the company's stock, valued at approximately $66,993,341.28. The trade was a 0.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 149,032 shares of company stock worth $14,860,951 in the last 90 days. Company insiders own 0.10% of the company's stock.

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.

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