Kelman Lazarov Inc. Buys Shares of 12,484 Walmart Inc. $WMT

Kelman Lazarov Inc. bought a new position in Walmart Inc. (NASDAQ:WMT - Free Report) in the second quarter, according to its most recent disclosure with the SEC. The firm bought 12,484 shares of the retailer's stock, valued at approximately $1,414,000. Walmart comprises approximately 0.2% of Kelman Lazarov Inc.'s portfolio, making the stock its 28th biggest position.

A number of other hedge funds and other institutional investors have also modified their holdings of WMT. Norges Bank purchased a new stake in shares of Walmart in the 4th quarter valued at approximately $6,458,529,000. AQR Capital Management LLC raised its position in shares of Walmart by 188.1% during the 3rd quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer's stock valued at $1,199,907,000 after buying an additional 7,614,172 shares during the period. Deutsche Bank AG raised its position in shares of Walmart by 54.0% during the 2nd quarter. Deutsche Bank AG now owns 18,607,297 shares of the retailer's stock valued at $2,107,462,000 after buying an additional 6,525,224 shares during the period. Geode Capital Management LLC lifted its holdings in Walmart by 6.8% in the fourth quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer's stock valued at $11,426,753,000 after acquiring an additional 6,517,394 shares during the last quarter. Finally, Capital International Investors acquired a new position in Walmart in the fourth quarter valued at approximately $592,848,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Walmart

In related news, EVP David W. Guggina sold 11,978 shares of Walmart stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total value of $1,435,203.96. Following the completion of the transaction, the executive vice president owned 125,067 shares in the company, valued at approximately $14,985,527.94. The trade was a 8.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel J. Bartlett sold 3,710 shares of the company's stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $113.10, for a total transaction of $419,601.00. Following the sale, the executive vice president directly owned 626,299 shares in the company, valued at approximately $70,834,416.90. The trade was a 0.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 57,064 shares of company stock valued at $6,697,788. 0.09% of the stock is owned by company insiders.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart reported adjusted earnings of $0.81 per share and revenue of $187.94 billion, beating consensus estimates of $0.74 and $186.62 billion, respectively. Revenue increased 5.9% year over year. Walmart earnings report
• Positive Sentiment: Growth businesses remain strong: global e-commerce sales rose 23%, advertising revenue increased 38%, and global membership revenue grew 17%. These trends support the long-term investment case despite slower core-store growth. Walmart second-quarter highlights
• Positive Sentiment: Walmart plans to use approximately $2.9 billion in tariff refunds to help lower prices, potentially strengthening its value proposition as consumers become more budget-conscious. The rollout of tap-to-pay, including Apple Pay and Google Pay, may also improve checkout convenience. Walmart tap to pay rollout
• Neutral Sentiment: Several analysts retained bullish ratings—including buy, outperform, and overweight—but lowered price targets after the earnings release. New targets range from $120 to $140, indicating analysts still see meaningful upside but have moderated their expectations.
• Negative Sentiment: U.S. comparable sales grew 2.6%, below expectations near 3.5%, marking Walmart’s weakest domestic comparable-sales growth in more than six years. Analysts cited weakness in health and wellness and questioned the trajectory of the core U.S. business.
• Negative Sentiment: Third-quarter guidance fell short of consensus: Walmart projected adjusted EPS of $0.62–$0.64 versus $0.68 expected and revenue of $183.1–$184.5 billion versus $188.2 billion expected. The timing of Flipkart’s promotional event is also expected to reduce quarterly sales growth by more than 100 basis points.
• Negative Sentiment: The stock’s elevated valuation increases sensitivity to any slowdown, while higher energy costs and consumer trade-offs are raising broader concerns about the health of U.S. retail spending.

Walmart Stock Performance

WMT opened at $103.70 on Monday. Walmart Inc. has a 52 week low of $95.42 and a 52 week high of $135.15. The business has a fifty day simple moving average of $113.35 and a 200-day simple moving average of $121.24. The firm has a market cap of $825.25 billion, a P/E ratio of 37.44, a P/E/G ratio of 3.91 and a beta of 0.61. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.41.

Walmart (NASDAQ:WMT - Get Free Report) last issued its quarterly earnings data on Thursday, August 20th. The retailer reported $0.81 earnings per share for the quarter, beating analysts' consensus estimates of $0.74 by $0.07. The business had revenue of $187.94 billion during the quarter, compared to analysts' expectations of $186.64 billion. Walmart had a return on equity of 21.83% and a net margin of 3.00%.The company's revenue was up 5.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.68 earnings per share. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. On average, equities analysts expect that Walmart Inc. will post 2.86 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Robert W. Baird cut their target price on Walmart from $140.00 to $120.00 and set an "outperform" rating for the company in a research note on Friday. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $130.00 price target (down from $140.00) on shares of Walmart in a research note on Friday. BNP Paribas Exane reiterated an "outperform" rating and set a $137.00 price target (down from $146.00) on shares of Walmart in a report on Friday. TD Cowen reissued a "buy" rating on shares of Walmart in a research report on Friday. Finally, Jefferies Financial Group restated a "buy" rating and issued a $120.00 price objective on shares of Walmart in a report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $131.88.

Walmart Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.

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