Kathmere Capital Management LLC Has $5.79 Million Stake in Walmart Inc. $WMT

Key Points

• Kathmere Capital Management LLC has increased its stake in Walmart Inc. by 8.1%, totaling approximately $5.79 million after acquiring an additional 4,447 shares in the second quarter.
• Several institutional investors significantly boosted their positions in Walmart during the same quarter, with PFS Partners LLC increasing its investment by 267.8%.
• Walmart's stock has been assigned a consensus rating of "Moderate Buy" by analysts, with a target price set at $112.38 based on recent reports.

Kathmere Capital Management LLC boosted its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 8.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 59,209 shares of the retailer's stock after buying an additional 4,447 shares during the quarter. Kathmere Capital Management LLC's holdings in Walmart were worth $5,789,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. PFS Partners LLC increased its position in Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer's stock worth $31,000 after buying an additional 233 shares during the last quarter. Investment Partners Asset Management Inc. increased its position in Walmart by 9.9% during the second quarter. Investment Partners Asset Management Inc. now owns 5,564 shares of the retailer's stock worth $544,000 after buying an additional 503 shares during the last quarter. True North Advisors LLC increased its position in Walmart by 89.3% during the second quarter. True North Advisors LLC now owns 12,035 shares of the retailer's stock worth $1,177,000 after buying an additional 5,678 shares during the last quarter. Destiny Wealth Partners LLC increased its position in Walmart by 121.6% during the second quarter. Destiny Wealth Partners LLC now owns 6,116 shares of the retailer's stock worth $598,000 after buying an additional 3,356 shares during the last quarter. Finally, ST Germain D J Co. Inc. increased its position in Walmart by 2.1% during the second quarter. ST Germain D J Co. Inc. now owns 182,066 shares of the retailer's stock worth $17,802,000 after buying an additional 3,743 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Royal Bank Of Canada reissued an "outperform" rating and set a $106.00 target price on shares of Walmart in a research report on Friday, August 22nd. KeyCorp upped their price target on shares of Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a report on Monday, June 9th. Bank of America upped their price target on shares of Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a report on Wednesday, September 17th. The Goldman Sachs Group upped their price target on shares of Walmart from $101.00 to $114.00 and gave the company a "buy" rating in a report on Friday, August 22nd. Finally, JPMorgan Chase & Co. decreased their price target 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. Twenty-nine analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $112.38.

Walmart Stock Up 0.1%

NYSE WMT opened at $103.14 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The firm has a 50-day simple moving average of $100.16 and a 200 day simple moving average of $96.03. Walmart Inc. has a twelve month low of $78.98 and a twelve month high of $106.11. The stock has a market cap of $822.32 billion, a PE ratio of 38.77, a PEG ratio of 4.86 and a beta of 0.65.

Walmart (NYSE:WMT - Get Free Report) last released its earnings results 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). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. During the same quarter in the previous year, the business posted $0.67 EPS. The firm's quarterly revenue was up 4.8% on a year-over-year basis. 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 forecast that Walmart Inc. will post 2.55 EPS for the current year.

Insiders Place Their Bets

In related news, EVP Daniel J. Bartlett sold 1,610 shares of the stock in a transaction dated Monday, September 15th. The shares were 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 owned 645,968 shares in the company, valued at approximately $66,993,341.28. This trade represents a 0.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Suresh Kumar sold 30,000 shares of the stock in a transaction dated 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 completion of the sale, the chief technology officer owned 1,787,200 shares of the company's stock, valued at approximately $184,921,584. The trade was a 1.65% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 151,232 shares of company stock valued at $15,077,519 in the last quarter. 0.10% of the stock is currently owned by 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.

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