Maryland Capital Advisors Inc. Acquires 9,666 Shares of Walmart Inc. $WMT

Key Points

• Maryland Capital Advisors Inc. increased its stake in Walmart Inc. by 200.5% during the 2nd quarter, acquiring an additional 9,666 shares and bringing its total holdings to 14,487 shares valued at approximately $1.42 million.
• Institutional investors collectively own 26.76% of Walmart's stock, with several firms significantly increasing their stakes recently, indicating strong confidence in the retailer.
• Despite missing earnings expectations with a reported $0.68 EPS against a consensus of $0.74, Walmart's revenue increased by 4.8% year-over-year, demonstrating resilience in performance.

Maryland Capital Advisors Inc. boosted its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 200.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,487 shares of the retailer's stock after acquiring an additional 9,666 shares during the quarter. Maryland Capital Advisors Inc.'s holdings in Walmart were worth $1,417,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Walmart by 0.8% during 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 period. Kingstone Capital Partners Texas LLC increased its position in shares of Walmart by 397,264.9% during the second 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 period. Goldman Sachs Group Inc. increased its holdings in Walmart by 30.1% during 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 buying an additional 7,706,201 shares during the period. Ameriprise Financial Inc. increased its holdings in Walmart by 1.3% during the first quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer's stock valued at $2,710,665,000 after buying an additional 387,424 shares during the period. Finally, Invesco Ltd. boosted 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 in the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have issued reports on WMT shares. Guggenheim reaffirmed a "buy" rating and issued a $115.00 price target (up previously from $112.00) on shares of Walmart in a report on Monday, August 18th. Mizuho reissued an "outperform" rating and issued a $115.00 price objective on shares of Walmart in a research report on Wednesday, August 13th. Telsey Advisory Group upped their price target 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. Bank of America upped their price target on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research report on Wednesday, September 17th. Finally, Wolfe Research started coverage on shares of Walmart in a research report on Thursday. They set an "outperform" rating and a $129.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $112.03.

Walmart Price Performance

Shares of NYSE:WMT traded up $0.46 during trading hours on Monday, hitting $102.79. 12,856,457 shares of the company's stock traded hands, compared to its average volume of 16,199,768. Walmart Inc. has a 52 week low of $78.98 and a 52 week high of $106.11. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The company's fifty day simple moving average is $99.54 and its two-hundred day simple moving average is $95.72. The company has a market cap of $819.53 billion, a price-to-earnings ratio of 38.64, a price-to-earnings-growth ratio of 4.82 and a beta of 0.65.

Walmart (NYSE:WMT - Get Free Report) last announced its earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). The firm had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business's quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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 anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Activity

In related news, CTO Suresh Kumar sold 30,000 shares of Walmart 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 directly 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 transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business's stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $100.96, for a total value of $403,840.00. Following the transaction, the executive vice president owned 1,052,455 shares of the company's stock, valued at $106,255,856.80. The trade was a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 151,232 shares of company stock worth $14,960,635. 0.10% of the stock is owned by company insiders.

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.