Kingsview Wealth Management LLC Increases Stock Position in Walmart Inc. $WMT

Key Points

• Kingsview Wealth Management LLC increased its Walmart stake by 377.5% in the fourth quarter, buying 434,031 additional shares to bring its total holdings to 549,008 shares valued at about $61.2 million.
• Walmart recently reported Q1 earnings of $0.66 per share, matching analyst estimates, while revenue came in at $177.75 billion, above expectations and up 7.4% year over year.
• Analysts remain broadly constructive on the stock, with a consensus rating of Moderate Buy and an average target price of $138.71; several firms recently raised targets, including TD Cowen to $150.

Kingsview Wealth Management LLC boosted its stake in Walmart Inc. (NASDAQ:WMT - Free Report) by 377.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 549,008 shares of the retailer's stock after purchasing an additional 434,031 shares during the quarter. Walmart comprises approximately 0.9% of Kingsview Wealth Management LLC's holdings, making the stock its 20th largest holding. Kingsview Wealth Management LLC's holdings in Walmart were worth $61,165,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of WMT. Brighton Jones LLC lifted its stake in Walmart by 28.8% in the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock worth $8,868,000 after purchasing an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC raised its position in shares of 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 buying an additional 485 shares in the last quarter. Peterson Wealth Management raised its position in shares of Walmart by 3.5% during the 1st quarter. Peterson Wealth Management now owns 50,307 shares of the retailer's stock valued at $4,416,000 after buying an additional 1,715 shares in the last quarter. Sivia Capital Partners LLC raised its position in shares of Walmart by 0.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer's stock valued at $1,272,000 after buying an additional 116 shares in the last quarter. Finally, Schnieders Capital Management LLC. raised its position in shares of Walmart by 1.2% during the 2nd quarter. Schnieders Capital Management LLC. now owns 91,341 shares of the retailer's stock valued at $8,931,000 after buying an additional 1,048 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

Walmart Stock Performance

Walmart stock opened at $118.54 on Thursday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.23. Walmart Inc. has a 1-year low of $93.43 and a 1-year high of $135.15. The firm has a market capitalization of $944.88 billion, a P/E ratio of 41.59, a price-to-earnings-growth ratio of 4.42 and a beta of 0.65. The company's 50-day moving average is $126.36 and its 200 day moving average is $120.53.

Walmart (NASDAQ:WMT - Get Free Report) last posted its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, hitting analysts' consensus estimates of $0.66. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The company had revenue of $177.75 billion for the quarter, compared to analyst estimates of $174.84 billion. During the same period in the prior year, the company posted $0.61 EPS. The firm's revenue for the quarter was up 7.4% on a year-over-year basis. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Research analysts forecast that Walmart Inc. will post 2.89 EPS for the current year.

Analyst Ratings Changes

WMT has been the topic of several recent research reports. TD Cowen restated a "buy" rating and set a $150.00 target price (up from $145.00) on shares of Walmart in a research report on Thursday, May 7th. Wolfe Research restated an "outperform" rating and set a $137.00 target price (up from $135.00) on shares of Walmart in a research report on Monday, May 11th. Raymond James Financial restated an "outperform" rating and set a $135.00 target price on shares of Walmart in a research report on Friday, March 6th. Rothschild & Co Redburn set a $150.00 target price on shares of Walmart in a research report on Tuesday, February 17th. Finally, DA Davidson set a $150.00 target price on shares of Walmart and gave the company a "buy" rating in a research report on Friday, February 20th. Two research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Walmart currently has an average rating of "Moderate Buy" and a consensus target price of $138.71.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: TD Cowen raised its price target on Walmart to $150 from $145 and kept a Buy rating, citing strong grocery traffic that could support sales momentum. TD Cowen Boosts Target on Walmart (WMT) Amid Strong Grocery Traffic
• Positive Sentiment: Walmart’s e-commerce business grew 26%, while ads and membership revenue continue to scale, supporting the company’s longer-term profit mix. Target vs. Walmart: Which Retail Stock Is the Better Buy After Earnings?
• Neutral Sentiment: Walmart is being added to the Russell 3000 elite/top 10 during the June reconstitution, which is notable for index investors but not a direct fundamental catalyst. Walmart Joins Russell 3000 Elite As Investors Weigh Q1 Shakeup
• Neutral Sentiment: Walmart launched a logistics program to streamline distribution and simplify supplier shipments, a cost-efficiency move that could help over time. Walmart Debuts Program to Streamline Distribution Network
• Negative Sentiment: Recent commentary continues to focus on Walmart’s post-earnings slide, with investors worried that fuel and other costs are squeezing margins and overshadowing growth. Walmart Sinks 8.1% Post Q1 Earnings: Exit WMT Stock or Stay Put?
• Negative Sentiment: RBC Capital trimmed its price target to $137 from $140 after Walmart’s in-line quarter and softer-than-expected guidance, reinforcing concerns about near-term earnings momentum. Walmart (WMT) – Among the Top 12 Picks for a Dividend Stock Portfolio For Retirement

Insider Buying and Selling

In related news, EVP John D. Rainey sold 20,000 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $127.79, for a total value of $2,555,800.00. Following the sale, the executive vice president directly owned 486,764 shares of the company's stock, valued at $62,203,571.56. This represents a 3.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO John R. Furner sold 13,125 shares of the stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $124.08, for a total transaction of $1,628,550.00. Following the completion of the sale, the chief executive officer directly owned 661,037 shares in the company, valued at $82,021,470.96. This trade represents a 1.95% 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. Insiders sold a total of 106,592 shares of company stock worth $13,436,513 over the last three months. 0.10% of the stock is currently owned by company insiders.

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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