Slow Capital Inc. Has $6.13 Million Stock Holdings in Walmart Inc. $WMT

Key Points

• Slow Capital Inc. reduced its holdings in Walmart by 4.8% in Q2, owning 62,692 shares valued at $6.13 million after selling 3,171 shares.
• Institutional investors significantly increased their ownership of Walmart, with Vanguard and Kingstone Capital reporting substantial increases in their respective shares during the same period.
• Analysts are optimistic about Walmart, with a consensus target price of $112.38 and most rating the stock as a "buy," indicating strong expected performance in the near future.

Slow Capital Inc. lessened its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 4.8% in the second quarter, according to its most recent filing with the SEC. The firm owned 62,692 shares of the retailer's stock after selling 3,171 shares during the period. Slow Capital Inc.'s holdings in Walmart were worth $6,130,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of WMT. Vanguard Group Inc. grew its holdings in shares of Walmart by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer's stock valued at $37,395,120,000 after buying an additional 3,224,154 shares during the period. Kingstone Capital Partners Texas LLC grew its holdings in shares of 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 valued at $10,496,702,000 after buying an additional 104,488,610 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of Walmart by 30.1% in the 1st 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. grew its holdings in shares of Walmart by 1.3% in the 1st 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. grew its holdings in shares of Walmart by 2.9% in the 1st quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer's stock valued at $2,562,427,000 after buying an additional 823,020 shares during the period. Institutional investors and hedge funds own 26.76% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Weiss Ratings reissued a "buy (b)" rating on shares of Walmart in a report on Saturday, September 27th. Evercore ISI reissued an "outperform" rating and issued a $110.00 price target (up previously from $108.00) on shares of Walmart in a report on Monday, August 18th. Tigress Financial upped their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research note on Wednesday, September 3rd. Mizuho reaffirmed an "outperform" rating and issued a $115.00 target price on shares of Walmart in a research note on Wednesday, August 13th. Finally, The Goldman Sachs Group upped their target price on shares of Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a research note on Friday, August 22nd. Thirty analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from 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 NYSE:WMT opened at $103.12 on Wednesday. The company's 50-day moving average price is $100.97 and its two-hundred day moving average price is $96.92. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. Walmart Inc. has a one year low of $79.07 and a one year high of $106.11. The stock has a market capitalization of $822.14 billion, a PE ratio of 38.77, a price-to-earnings-growth ratio of 4.84 and a beta of 0.67.

Walmart (NYSE:WMT - Get Free Report) last issued 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 return on equity of 21.45% and a net margin of 3.08%.The business 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 earned $0.67 earnings per share. The company's quarterly 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. On average, equities analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Activity

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the business's stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $103.83, for a total transaction of $415,320.00. Following the sale, the executive vice president directly owned 1,048,455 shares of the company's stock, valued at $108,861,082.65. The trade was a 0.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company's stock in a transaction dated Thursday, September 25th. The shares were sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the completion of the sale, the chief executive officer directly owned 4,373,576 shares in the company, valued at approximately $451,396,778.96. The trade was a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders 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.

Want to see what other hedge funds are holding WMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walmart Inc. (NYSE:WMT - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.