Walmart Inc. $WMT Stock Holdings Boosted by Kingstone Capital Partners Texas LLC

Key Points

• Kingstone Capital Partners Texas LLC significantly increased its stake in Walmart, acquiring an additional 104,488,610 shares, bringing its total ownership to approximately 104.5 million shares.
• Walmart's most recent earnings report revealed a missed EPS estimate of $0.68 compared to the forecast of $0.74, with revenues of $169.34 billion against an estimate of $174.02 billion.
• Analysts have set new price targets for Walmart, with Bank of America raising theirs to $125.00 and a consensus target price of $112.03 across multiple firms.

Kingstone Capital Partners Texas LLC lifted its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 397,264.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 104,514,912 shares of the retailer's stock after buying an additional 104,488,610 shares during the quarter. Walmart makes up 1.4% of Kingstone Capital Partners Texas LLC's investment portfolio, making the stock its 24th largest position. Kingstone Capital Partners Texas LLC owned about 1.31% of Walmart worth $10,496,702,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of WMT. Nuveen LLC purchased a new stake in shares of Walmart during the first quarter worth about $2,532,331,000. GAMMA Investing LLC grew its holdings in shares of Walmart by 9,896.9% during the first quarter. GAMMA Investing LLC now owns 7,939,728 shares of the retailer's stock worth $697,029,000 after buying an additional 7,860,306 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Walmart by 30.1% during the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer's stock worth $2,922,770,000 after buying an additional 7,706,201 shares in the last quarter. Wellington Management Group LLP grew its holdings in shares of Walmart by 527.1% during the first quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer's stock worth $591,620,000 after buying an additional 5,664,484 shares in the last quarter. Finally, Ontario Teachers Pension Plan Board grew its holdings in shares of Walmart by 28,684.8% during the first quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer's stock worth $371,295,000 after buying an additional 4,214,661 shares in the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Walmart Trading Down 1.2%

WMT stock traded down $1.20 during midday trading on Friday, reaching $102.40. 34,721,159 shares of the company's stock traded hands, compared to its average volume of 16,094,947. The company has a market capitalization of $816.42 billion, a P/E ratio of 38.50, a PEG ratio of 4.82 and a beta of 0.65. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. Walmart Inc. has a fifty-two week low of $78.11 and a fifty-two week high of $106.11. The business has a 50-day moving average price of $99.40 and a two-hundred day moving average price of $95.64.

Walmart (NYSE:WMT - Get Free Report) last posted 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 return on equity of 21.45% and a net margin of 3.08%.The firm had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. During the same period in the previous year, the firm posted $0.67 earnings per share. The company's revenue for the quarter 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. Equities research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Truist Financial decreased their target price on shares of Walmart from $111.00 to $109.00 and set a "buy" rating on the stock in a research report on Friday, August 22nd. Oppenheimer raised their target price on shares of Walmart from $110.00 to $115.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 13th. Telsey Advisory Group raised their target price on shares of Walmart from $115.00 to $118.00 and gave the stock an "outperform" rating in a research report on Friday, August 22nd. Evercore ISI reissued an "outperform" rating and issued a $110.00 target price (up from $108.00) on shares of Walmart in a research report on Monday, August 18th. Finally, Erste Group Bank raised shares of Walmart from a "hold" rating to a "buy" rating in a research report on Tuesday, August 5th. One analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $112.03.

Insider Buying and Selling at Walmart

In other news, CTO Suresh Kumar sold 30,000 shares of the business's stock in a transaction on 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 transaction, the chief technology officer directly 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the business's stock in a transaction on Thursday, July 17th. The stock was sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the transaction, the executive vice president directly owned 932,313 shares in the company, valued at approximately $88,700,258.82. The trade was a 1.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 134,107 shares of company stock valued at $13,183,727. 0.10% of the stock is owned by company 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.