Kingstone Capital Partners Texas LLC Raises Stock Holdings in Walmart Inc. $WMT

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 raised its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 397,264.9% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 104,514,912 shares of the retailer's stock after buying an additional 104,488,610 shares during the period. Walmart comprises about 1.4% of Kingstone Capital Partners Texas LLC's investment portfolio, making the stock its 24th biggest holding. Kingstone Capital Partners Texas LLC owned approximately 1.31% of Walmart worth $10,496,702,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in WMT. Brighton Jones LLC grew its position in Walmart by 28.8% in the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock valued at $8,868,000 after acquiring an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in Walmart by 5.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock valued at $800,000 after purchasing an additional 485 shares during the period. Two Sigma Advisers LP grew its holdings in shares of Walmart by 34.9% in the 4th quarter. Two Sigma Advisers LP now owns 66,900 shares of the retailer's stock worth $6,044,000 after acquiring an additional 17,300 shares during the last quarter. Harmony Asset Management LLC purchased a new position in Walmart in the fourth quarter valued at about $219,000. Finally, Vise Technologies Inc. lifted its position in shares of Walmart by 30.8% during the 4th quarter. Vise Technologies Inc. now owns 138,586 shares of the retailer's stock worth $12,521,000 after purchasing an additional 32,665 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

Analyst Upgrades and Downgrades

WMT has been the subject of several research reports. Telsey Advisory Group raised their target price on Walmart from $115.00 to $118.00 and gave the company an "outperform" rating in a research note on Friday, August 22nd. Tigress Financial raised their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday, September 3rd. Mizuho reissued an "outperform" rating and issued a $115.00 price objective on shares of Walmart in a research note on Wednesday, August 13th. Royal Bank Of Canada restated an "outperform" rating and issued a $106.00 price target on shares of Walmart in a report on Friday, August 22nd. Finally, Guggenheim reaffirmed a "buy" rating and issued a $115.00 price objective (up from $112.00) on shares of Walmart in a report on Monday, August 18th. One analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, Walmart has a consensus rating of "Buy" and a consensus price target of $112.03.

Insider Buying and Selling at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the firm's stock in a transaction on Thursday, July 24th. The shares were sold at an average price of $95.58, for a total value of $1,855,781.28. Following the transaction, the chief executive officer directly owned 4,412,398 shares in the company, valued at approximately $421,737,000.84. This trade represents a 0.44% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $98.30, for a total transaction of $216,260.00. Following the sale, the executive vice president owned 626,118 shares of the company's stock, valued at approximately $61,547,399.40. This represents a 0.35% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 134,107 shares of company stock worth $13,183,727. 0.10% of the stock is currently owned by insiders.

Walmart Price Performance

NYSE WMT traded down $1.20 during trading on Friday, reaching $102.40. The company's stock had a trading volume of 34,721,159 shares, compared to its average volume of 16,094,947. Walmart Inc. has a one year low of $78.11 and a one 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 firm has a fifty day moving average of $99.40 and a 200 day moving average of $95.64. The stock has a market capitalization of $816.42 billion, a PE ratio of 38.50, a P/E/G ratio of 4.82 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 EPS for the quarter, missing analysts' consensus estimates 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 net margin of 3.08% and a return on equity of 21.45%. The company's quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

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.