Kingsview Wealth Management LLC Buys 434,031 Shares of Walmart Inc. $WMT

Posted by Brenda Bartman on May 28th, 2026

Walmart logo Kingsview Wealth Management LLC grew its stake in Walmart Inc. (NASDAQ:WMT – Free Report) by 377.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 549,008 shares of the retailer’s stock after purchasing an additional 434,031 shares during the quarter. Walmart makes up 0.9% of Kingsview Wealth Management LLC’s investment portfolio, making the stock its 20th biggest position. Kingsview Wealth Management LLC’s holdings in Walmart were worth $61,165,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Fox Run Management L.L.C. bought a new position in Walmart in the 3rd quarter worth about $1,709,000. Van ECK Associates Corp grew its stake in Walmart by 2.9% in the 3rd quarter. Van ECK Associates Corp now owns 1,010,886 shares of the retailer’s stock worth $104,182,000 after acquiring an additional 28,026 shares in the last quarter. Life Cycle Investment Partners Ltd bought a new position in Walmart in the 4th quarter worth about $40,855,000. Tennessee Valley Asset Management Partners boosted its stake in shares of Walmart by 466.6% during the third quarter. Tennessee Valley Asset Management Partners now owns 13,343 shares of the retailer’s stock valued at $1,375,000 after purchasing an additional 10,988 shares in the last quarter. Finally, Florida Trust Wealth Management Co boosted its stake in shares of Walmart by 7.0% during the fourth quarter. Florida Trust Wealth Management Co now owns 196,648 shares of the retailer’s stock valued at $21,909,000 after purchasing an additional 12,794 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

WMT has been the topic of a number of recent research reports. TD Cowen reiterated a “buy” rating and set a $150.00 price objective (up from $145.00) on shares of Walmart in a research note on Thursday, May 7th. Tigress Financial set a $150.00 price objective on shares of Walmart and gave the company a “buy” rating in a research note on Wednesday, February 25th. HSBC downgraded shares of Walmart from a “buy” rating to a “hold” rating and increased their price objective for the company from $122.00 to $131.00 in a research note on Friday, February 20th. DA Davidson set a $150.00 price objective on shares of Walmart and gave the company a “buy” rating in a research note on Friday, February 20th. Finally, Evercore reiterated an “outperform” rating on shares of Walmart in a research note on Monday, May 18th. Two analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $138.71.

View Our Latest Stock Report on Walmart

Walmart Price Performance

Shares of WMT opened at $118.54 on Thursday. The company has a market cap of $944.88 billion, a price-to-earnings ratio of 41.59, a price-to-earnings-growth ratio of 4.42 and a beta of 0.65. Walmart Inc. has a twelve month low of $93.43 and a twelve month high of $135.15. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42. The company has a 50 day moving average of $126.36 and a two-hundred day moving average of $120.53.

Walmart (NASDAQ:WMT – Get Free Report) last posted its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, hitting the consensus estimate of $0.66. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The business had revenue of $177.75 billion during the quarter, compared to the consensus estimate of $174.84 billion. During the same period in the previous year, the firm posted $0.61 earnings per share. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. As a group, analysts predict that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

Positive Sentiment: TD Cowen raised its price target on Walmart to $150 from $145 and kept a Buy rating, citing strong grocery traffic that could support sales momentum. TD Cowen Boosts Target on Walmart (WMT) Amid Strong Grocery Traffic
Positive Sentiment: Walmart’s e-commerce business grew 26%, while ads and membership revenue continue to scale, supporting the company’s longer-term profit mix. Target vs. Walmart: Which Retail Stock Is the Better Buy After Earnings?
Neutral Sentiment: Walmart is being added to the Russell 3000 elite/top 10 during the June reconstitution, which is notable for index investors but not a direct fundamental catalyst. Walmart Joins Russell 3000 Elite As Investors Weigh Q1 Shakeup
Neutral Sentiment: Walmart launched a logistics program to streamline distribution and simplify supplier shipments, a cost-efficiency move that could help over time. Walmart Debuts Program to Streamline Distribution Network
Negative Sentiment: Recent commentary continues to focus on Walmart’s post-earnings slide, with investors worried that fuel and other costs are squeezing margins and overshadowing growth. Walmart Sinks 8.1% Post Q1 Earnings: Exit WMT Stock or Stay Put?
Negative Sentiment: RBC Capital trimmed its price target to $137 from $140 after Walmart’s in-line quarter and softer-than-expected guidance, reinforcing concerns about near-term earnings momentum. Walmart (WMT) – Among the Top 12 Picks for a Dividend Stock Portfolio For Retirement

Insider Buying and Selling

In related news, EVP Christopher James Nicholas sold 2,900 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $123.92, for a total value of $359,368.00. Following the completion of the transaction, the executive vice president owned 577,853 shares in the company, valued at $71,607,543.76. This trade represents a 0.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $132.21, for a total value of $2,566,989.36. Following the completion of the transaction, the director owned 4,193,995 shares of the company’s stock, valued at $554,488,078.95. This trade represents a 0.46% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 106,592 shares of company stock worth $13,436,513 over the last three months. Corporate insiders own 0.10% of the company’s stock.

About Walmart

(Free Report)

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.