Kingswood Wealth Advisors LLC Has $4.77 Million Stock Holdings in Walmart Inc. $WMT

Key Points

• Kingswood Wealth Advisors LLC decreased its Walmart holdings by 74.8% in Q2, reducing its stock count to 48,774 shares valued at approximately $4.77 million.
• Various institutional investors, including Vanguard and Goldman Sachs, have recently increased their stakes in Walmart, indicating continued confidence in the retailer.
• Walmart reported Q2 earnings per share of $0.68, missing estimates, and projected Q3 2026 EPS guidance between 0.580 and 0.600.

Kingswood Wealth Advisors LLC cut its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 74.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 48,774 shares of the retailer's stock after selling 144,470 shares during the quarter. Kingswood Wealth Advisors LLC's holdings in Walmart were worth $4,769,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in Walmart by 0.8% in the first quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer's stock valued at $37,395,120,000 after acquiring an additional 3,224,154 shares during the last quarter. Kingstone Capital Partners Texas LLC lifted its stake in Walmart by 397,264.9% in the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer's stock valued at $10,496,702,000 after acquiring an additional 104,488,610 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Walmart by 30.1% in the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer's stock valued at $2,922,770,000 after acquiring an additional 7,706,201 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in Walmart by 1.3% in the first quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer's stock valued at $2,710,665,000 after acquiring an additional 387,424 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in Walmart by 2.9% in the first quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer's stock valued at $2,562,427,000 after acquiring an additional 823,020 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently weighed in on WMT shares. Weiss Ratings restated a "buy (b)" rating on shares of Walmart in a research note on Saturday, September 27th. Evercore ISI restated an "outperform" rating and issued a $110.00 price objective (up from $108.00) on shares of Walmart in a research note on Monday, August 18th. Royal Bank Of Canada restated an "outperform" rating and issued a $106.00 price objective on shares of Walmart in a research note on Friday, August 22nd. JPMorgan Chase & Co. reduced their price objective on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a research note on Friday, August 22nd. Finally, Bank of America boosted their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research note on Wednesday, September 17th. Thirty equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Walmart has an average rating of "Moderate Buy" and a consensus target price of $112.38.

Walmart Trading Up 0.4%

Shares of WMT stock opened at $103.12 on Wednesday. Walmart Inc. has a 1 year low of $79.07 and a 1 year high of $106.11. The firm's fifty day simple moving average is $100.97 and its 200 day simple moving average is $96.92. The firm has a market capitalization of $822.14 billion, a P/E ratio of 38.77, a price-to-earnings-growth ratio of 4.84 and a beta of 0.67. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT - Get Free Report) last announced its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (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 company had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same period last year, the firm posted $0.67 EPS. The company's revenue was up 4.8% compared to the same quarter last year. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. As a group, sell-side analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Insider Transactions at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the business's stock in a transaction on Thursday, September 25th. The shares were sold at an average price of $103.21, for a total value of $2,003,925.36. Following the sale, the chief executive officer owned 4,373,576 shares of the company's stock, valued at $451,396,778.96. The trade was a 0.44% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP John R. Furner sold 13,125 shares of the business's stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $103.74, for a total transaction of $1,361,587.50. Following the completion of the sale, the executive vice president directly owned 906,064 shares in the company, valued at $93,995,079.36. This trade represents a 1.43% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 151,232 shares of company stock worth $15,083,877. 0.10% of the stock is currently 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.

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