Walmart Inc. $WMT Shares Acquired by Accuvest Global Advisors

Accuvest Global Advisors lifted its position in Walmart Inc. (NYSE:WMT) by 15.3% in the second quarter, Holdings Channel.com reports. The institutional investor owned 53,335 shares of the retailer’s stock after purchasing an additional 7,063 shares during the period. Walmart makes up about 3.4% of Accuvest Global Advisors’ holdings, making the stock its 6th largest holding. Accuvest Global Advisors’ holdings in Walmart were worth $5,215,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Kingstone Capital Partners Texas LLC increased its position in 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. Nuveen LLC bought a new position in Walmart during the first quarter worth $2,532,331,000. Goldman Sachs Group Inc. increased its position in Walmart by 30.1% during the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock worth $2,922,770,000 after acquiring an additional 7,706,201 shares during the period. Wellington Management Group LLP increased its position in Walmart by 527.1% during the first quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock worth $591,620,000 after acquiring an additional 5,664,484 shares during the period. Finally, Ontario Teachers Pension Plan Board increased its position in Walmart by 28,684.8% during the first quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock worth $371,295,000 after acquiring an additional 4,214,661 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Trading Down 1.0%

Shares of WMT stock opened at $101.25 on Friday. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.57. The stock has a market cap of $807.23 billion, a price-to-earnings ratio of 38.06, a P/E/G ratio of 4.83 and a beta of 0.67. 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 firm has a fifty day moving average of $102.46 and a 200-day moving average of $99.15.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same quarter in the prior year, the company posted $0.67 EPS. 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 research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction dated Thursday, October 16th. The shares were sold at an average price of $107.78, for a total value of $1,414,612.50. Following the sale, the executive vice president owned 892,940 shares of the company’s stock, valued at approximately $96,241,073.20. This represents a 1.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $107.75, for a total transaction of $431,000.00. Following the completion of the sale, the executive vice president directly owned 1,044,455 shares in the company, valued at approximately $112,540,026.25. The trade was a 0.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 148,838 shares of company stock worth $15,309,020 in the last quarter. 0.10% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

WMT has been the topic of a number of research reports. Bank of America boosted their target price 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. Royal Bank Of Canada set a $116.00 target price on shares of Walmart and gave the stock an “outperform” rating in a research report on Wednesday. The Goldman Sachs Group boosted their target price on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. Telsey Advisory Group reaffirmed an “outperform” rating and set a $118.00 target price on shares of Walmart in a research report on Wednesday, September 24th. Finally, Oppenheimer boosted their target price on shares of Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 13th. Thirty-one research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $113.40.

Walmart 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.