Walmart Inc. $WMT Shares Bought by KG&L Capital Management LLC

Key Points

• KG&L Capital Management LLC increased its holdings in Walmart Inc. by 4.7%, owning 60,450 shares valued at approximately $5.9 million, making it the firm's 13th largest investment.
• Insider selling has occurred, with CEO C. Douglas McMillon selling 19,416 shares worth $1.86 million, reducing his ownership by 0.44%.
• Walmart recently reported quarterly earnings, missing EPS expectations, with a reported $0.68 EPS against a consensus of $0.74, and revenue of $169.34 billion compared to an expected $174.02 billion.

KG&L Capital Management LLC increased its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 4.7% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 60,450 shares of the retailer's stock after acquiring an additional 2,727 shares during the period. Walmart makes up about 1.7% of KG&L Capital Management LLC's portfolio, making the stock its 13th largest holding. KG&L Capital Management LLC's holdings in Walmart were worth $5,911,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Operose Advisors LLC grew its position in shares of Walmart by 319.7% during the 1st 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. PFS Partners LLC grew its position in shares of Walmart by 267.8% during the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer's stock valued at $31,000 after acquiring an additional 233 shares during the period. Bear Mountain Capital Inc. grew its position in shares of Walmart by 98.2% during the 1st 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 grew its position in shares of Walmart by 432.4% during the 1st 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. Finally, Ridgewood Investments LLC grew its position in shares of Walmart by 55.3% during the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock valued at $32,000 after acquiring an additional 115 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Walmart

In other news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the completion of the sale, the chief executive officer directly owned 4,392,985 shares of the company's stock, valued at approximately $421,594,770.45. The trade was a 0.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the business's stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the completion of the sale, the executive vice president directly owned 932,313 shares of the company's stock, valued at approximately $88,700,258.82. This trade represents a 1.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 151,232 shares of company stock worth $15,077,519. 0.10% of the stock is currently owned by insiders.

Walmart Trading Up 0.1%

WMT opened at $103.14 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The company's 50 day simple moving average is $100.16 and its two-hundred day simple moving average is $96.11. Walmart Inc. has a 1-year low of $78.98 and a 1-year high of $106.11. The firm has a market capitalization of $822.32 billion, a price-to-earnings ratio of 38.77, a price-to-earnings-growth ratio of 4.86 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). The firm had revenue of $169.34 billion for the quarter, compared to analysts' expectations of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm's quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

WMT has been the topic of a number of analyst reports. Royal Bank Of Canada restated an "outperform" rating and set a $106.00 target price on shares of Walmart in a research report on Friday, August 22nd. JPMorgan Chase & Co. decreased their price target on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a research note on Friday, August 22nd. Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the company an "outperform" rating in a research note on Friday, August 22nd. Mizuho reaffirmed an "outperform" rating and issued a $115.00 price target on shares of Walmart in a research note on Wednesday, August 13th. Finally, The Goldman Sachs Group raised their price target on shares of Walmart from $101.00 to $114.00 and gave the company a "buy" rating in a research note on Friday, August 22nd. Twenty-nine investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Walmart currently has an average rating of "Moderate Buy" and an average price target of $112.38.

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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