Lyell Wealth Management LP Grows Stake in Walmart Inc. $WMT

Key Points

• Lyell Wealth Management LP increased its stake in Walmart Inc. by 14.1%, owning 118,633 shares worth $11.6 million after acquiring an additional 14,620 shares in Q2.
• Multiple institutional investors, including Kingstone Capital Partners and Wellington Management Group, have significantly increased their holdings in Walmart, indicating strong institutional support.
• Walmart's Q2 earnings report showed earnings per share of $0.68, missing expectations, with a revenue of $169.34 billion, compared to estimates of $174.02 billion.

Lyell Wealth Management LP lifted its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 14.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 118,633 shares of the retailer's stock after purchasing an additional 14,620 shares during the period. Lyell Wealth Management LP's holdings in Walmart were worth $11,600,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Kingstone Capital Partners Texas LLC increased its holdings in Walmart by 397,264.9% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer's stock worth $10,496,702,000 after acquiring an additional 104,488,610 shares during the last quarter. Nuveen LLC purchased a new stake in Walmart during the first quarter valued at about $2,532,331,000. Goldman Sachs Group Inc. boosted its position in 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 purchasing an additional 7,706,201 shares during the period. Wellington Management Group LLP increased its stake in shares of Walmart by 527.1% in the first quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer's stock worth $591,620,000 after purchasing an additional 5,664,484 shares in the last quarter. Finally, Ontario Teachers Pension Plan Board raised its position in shares of Walmart by 28,684.8% in the first quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer's stock valued at $371,295,000 after purchasing an additional 4,214,661 shares during the period. Institutional investors own 26.76% of the company's stock.

Analyst Ratings Changes

Several research firms recently commented on WMT. Truist Financial cut their price objective on shares of Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a report on Friday, August 22nd. JPMorgan Chase & Co. cut their price target on Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a report on Friday, August 22nd. Tigress Financial boosted their price objective on Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research note on Wednesday, September 3rd. Erste Group Bank upgraded Walmart from a "hold" rating to a "buy" rating in a research note on Tuesday, August 5th. Finally, Oppenheimer upped their price target on Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research report on Wednesday, August 13th. Thirty-one research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Walmart currently has a consensus rating of "Moderate Buy" and a consensus price target of $112.63.

Walmart Stock Performance

NYSE:WMT opened at $107.80 on Monday. The stock has a market cap of $859.50 billion, a P/E ratio of 40.53, a PEG ratio of 5.08 and a beta of 0.67. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The business's 50-day moving average price is $101.69 and its two-hundred day moving average price is $98.00. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $109.57.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). The company had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm's revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter last year, the company posted $0.67 earnings per share. 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, equities analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insiders Place Their Bets

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the firm's stock in a transaction dated Thursday, July 24th. The stock was sold at an average price of $95.58, for a total transaction of $1,855,781.28. Following the sale, the chief executive officer owned 4,412,398 shares in the company, valued at $421,737,000.84. This trade represents a 0.44% 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, CTO Suresh Kumar sold 30,000 shares of the company's stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $103.47, for a total value of $3,104,100.00. Following the completion of the transaction, the chief technology officer owned 1,787,200 shares of the company's stock, valued at $184,921,584. The trade was a 1.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 147,038 shares of company stock valued at $14,869,054 over the last quarter. Insiders own 0.10% of the company's stock.

Walmart Company 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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