Oliver Lagore Vanvalin Investment Group Acquires New Position in Walmart Inc. $WMT

Key Points

• Oliver Lagore Vanvalin Investment Group acquired 4,617 shares of Walmart Inc., valued at approximately $451,000, in the second quarter.
• Vanguard Group Inc. and Goldman Sachs Group Inc. significantly increased their stakes in Walmart, with Vanguard acquiring 3.2 million shares, raising its total to 425.96 million shares.
• Walmart's recent quarterly earnings revealed a miss on EPS estimates, reporting $0.68 compared to the expected $0.74, with revenue of $169.34 billion, below analysts' projections.

Oliver Lagore Vanvalin Investment Group acquired a new position in shares of Walmart Inc. (NYSE:WMT - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 4,617 shares of the retailer's stock, valued at approximately $451,000.

Several other institutional investors and hedge funds also recently made changes to their positions in WMT. Operose Advisors LLC increased its stake in Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock valued at $28,000 after acquiring an additional 243 shares during the period. Bear Mountain Capital Inc. increased its stake in Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock valued at $32,000 after acquiring an additional 167 shares during the period. Clal Insurance Enterprises Holdings Ltd increased its stake in Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock valued at $32,000 after acquiring an additional 294 shares during the period. EQ Wealth Advisors LLC bought a new stake in Walmart in the first quarter valued at about $35,000. Finally, Lipe & Dalton increased its stake in Walmart by 95.2% in the first quarter. Lipe & Dalton now owns 410 shares of the retailer's stock valued at $36,000 after acquiring an additional 200 shares during the period. Institutional investors own 26.76% of the company's stock.

Insider Buying and Selling at Walmart

In other news, EVP John R. Furner sold 13,125 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $98.55, for a total transaction of $1,293,468.75. Following the sale, the executive vice president directly owned 919,189 shares of the company's stock, valued at $90,586,075.95. This represents a 1.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Daniel J. Bartlett sold 1,610 shares of the stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $103.71, for a total transaction of $166,973.10. Following the sale, the executive vice president directly owned 645,968 shares in the company, valued at $66,993,341.28. This trade represents a 0.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 134,107 shares of company stock valued at $13,183,727 over the last three months. Insiders own 0.10% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on WMT shares. KeyCorp upped their target price on shares of Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a research note on Monday, June 9th. Wolfe Research started coverage on shares of Walmart in a research note on Thursday. They issued an "outperform" rating and a $129.00 target price on the stock. Tigress Financial upped their target price on shares of Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research note on Wednesday, September 3rd. Bank of America upped their target price on shares of Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research note on Wednesday. Finally, Truist Financial lowered their target price on shares of Walmart from $111.00 to $109.00 and set a "buy" rating on the stock in a research note on Friday, August 22nd. One 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. According to MarketBeat, Walmart presently has a consensus rating of "Buy" and an average price target of $112.03.

Walmart Price Performance

Shares of WMT traded down $1.20 during mid-day trading on Friday, hitting $102.40. 34,721,159 shares of the company traded hands, 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 current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The business has a 50-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 price-to-earnings ratio of 38.50, a PEG ratio of 4.88 and a beta of 0.65.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly 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). Walmart had a net margin of 3.08% and a return on equity of 21.45%. 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 company earned $0.67 earnings per share. Walmart's revenue for the quarter 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, equities analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

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.