Trust Co of Kansas Grows Stock Holdings in Walmart Inc. $WMT

Trust Co of Kansas boosted its position in Walmart Inc. (NYSE:WMT) by 6.3% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 5,034 shares of the retailer’s stock after purchasing an additional 300 shares during the quarter. Walmart accounts for about 0.2% of Trust Co of Kansas’ holdings, making the stock its 29th largest holding. Trust Co of Kansas’ holdings in Walmart were worth $492,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Operose Advisors LLC grew its position in Walmart by 319.7% during the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after acquiring an additional 243 shares during the last quarter. PFS Partners LLC boosted its position in shares of Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after purchasing an additional 233 shares in the last quarter. Ridgewood Investments LLC increased its stake in 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 purchasing an additional 115 shares in the last quarter. Bear Mountain Capital Inc. lifted its holdings in shares of Walmart by 98.2% during the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock valued at $32,000 after purchasing an additional 167 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd boosted its holdings in Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after purchasing an additional 294 shares during the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Walmart Stock Down 0.2%

Walmart stock opened at $101.77 on Friday. 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 firm has a market cap of $811.38 billion, a price-to-earnings ratio of 38.26, a price-to-earnings-growth ratio of 4.81 and a beta of 0.67. The business’s 50-day moving average price is $100.68 and its 200 day moving average price is $96.50. Walmart Inc. has a 52 week low of $78.98 and a 52 week high of $106.11.

Walmart (NYSE:WMT) last released its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The business 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 revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the previous year, the company 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. As a group, sell-side analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Buying and Selling

In other Walmart news, CTO Suresh Kumar sold 30,000 shares of the business’s stock in a transaction that occurred on 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 sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total value of $403,840.00. Following the completion of the transaction, the executive vice president owned 1,052,455 shares of the company’s stock, valued at approximately $106,255,856.80. This trade represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 151,232 shares of company stock worth $15,083,877 in the last quarter. 0.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on WMT shares. The Goldman Sachs Group increased their target price on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a report 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 report on Friday, August 22nd. KeyCorp increased their target price on Walmart from $105.00 to $110.00 and gave the stock an “overweight” rating in a research note on Monday, June 9th. Guggenheim reaffirmed a “buy” rating and set a $115.00 target price (up from $112.00) on shares of Walmart in a research report on Monday, August 18th. Finally, Truist Financial decreased their target price on Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a research report on Friday, August 22nd. Twenty-nine equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $112.38.

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.