Kercheville Advisors LLC Raises Holdings in Walmart Inc. $WMT

Key Points

• Kercheville Advisors LLC increased its stake in Walmart Inc. by 7.4% during the second quarter, owning a total of 52,139 shares valued at approximately $5,098,000.
• Despite a year-over-year revenue increase of 4.8%, Walmart's quarterly earnings per share fell short of analysts' expectations at $0.68, missing the consensus estimate of $0.74.
• Walmart's stock currently has a consensus rating of "Moderate Buy" from analysts, with a target price set at $112.38, indicating positive outlook potential for the company.

Kercheville Advisors LLC grew its stake in Walmart Inc. (NYSE:WMT - Free Report) by 7.4% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 52,139 shares of the retailer's stock after buying an additional 3,582 shares during the quarter. Walmart accounts for approximately 1.8% of Kercheville Advisors LLC's portfolio, making the stock its 21st biggest position. Kercheville Advisors LLC's holdings in Walmart were worth $5,098,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Operose Advisors LLC grew its stake in shares of Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after purchasing an additional 243 shares in the last quarter. PFS Partners LLC lifted its holdings in Walmart by 267.8% during the 2nd 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. Ridgewood Investments LLC lifted its holdings in Walmart by 55.3% during the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock worth $32,000 after buying an additional 115 shares during the last quarter. Bear Mountain Capital Inc. boosted its position in shares of Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after acquiring an additional 167 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd increased its holdings in shares of 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 acquiring an additional 294 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Stock Up 0.6%

Shares of NYSE:WMT opened at $102.70 on Tuesday. Walmart Inc. has a 1-year low of $78.98 and a 1-year high of $106.11. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The stock has a market cap of $818.81 billion, a P/E ratio of 38.61, a P/E/G ratio of 4.81 and a beta of 0.67. The firm has a fifty day moving average price of $100.88 and a 200 day moving average price of $96.87.

Walmart (NYSE:WMT - Get Free Report) last announced its earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $169.34 billion during the quarter, compared to analysts' expectations of $174.02 billion. During the same period in the previous year, the company posted $0.67 earnings per share. Walmart'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. Sell-side analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Analyst Upgrades and Downgrades

WMT has been the topic of several research analyst reports. Erste Group Bank raised Walmart from a "hold" rating to a "buy" rating in a research report on Tuesday, August 5th. Guggenheim reissued a "buy" rating and set a $115.00 price objective (up previously from $112.00) on shares of Walmart in a report on Monday, August 18th. Truist Financial reduced their price objective on shares of Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a research report on Friday, August 22nd. JPMorgan Chase & Co. dropped their target price on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a research report on Friday, August 22nd. Finally, Royal Bank Of Canada reissued an "outperform" rating and issued a $106.00 price target on shares of Walmart in a research report on Friday, August 22nd. Thirty investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Walmart has a consensus rating of "Moderate Buy" and a consensus target price of $112.38.

Insider Activity at Walmart

In other Walmart news, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total value of $222,926.00. Following the transaction, the executive vice president directly owned 621,718 shares in the company, valued at approximately $62,998,684.94. This trade represents a 0.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business'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 completion of the transaction, the executive vice president directly owned 1,048,455 shares in the company, valued at approximately $108,861,082.65. The trade was a 0.38% decrease in their position. The disclosure for this sale can be found here. Insiders sold 151,232 shares of company stock worth $15,083,877 in the last ninety 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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