Investment Research & Advisory Group Inc. Buys 420 Shares of Walmart Inc. $WMT

Investment Research & Advisory Group Inc. boosted its position in Walmart Inc. (NYSE:WMT) by 43.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,391 shares of the retailer’s stock after purchasing an additional 420 shares during the quarter. Investment Research & Advisory Group Inc.’s holdings in Walmart were worth $136,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of WMT. Vanguard Group Inc. lifted its position in Walmart by 0.8% during the first quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer’s stock valued at $37,395,120,000 after acquiring an additional 3,224,154 shares during the last quarter. Kingstone Capital Partners Texas LLC increased its position in shares of 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 purchasing an additional 104,488,610 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of 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 purchasing an additional 7,706,201 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Walmart by 1.3% during the 1st quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer’s stock valued at $2,710,665,000 after purchasing an additional 387,424 shares during the last quarter. Finally, Invesco Ltd. boosted its position in shares of Walmart by 2.9% in the 1st quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer’s stock worth $2,562,427,000 after purchasing an additional 823,020 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CTO Suresh Kumar sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $103.47, for a total transaction 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. This trade represents a 1.65% decrease in their position. 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 that occurred on Friday, September 19th. The shares were sold at an average price of $103.83, for a total transaction of $415,320.00. Following the transaction, the executive vice president directly owned 1,048,455 shares of the company’s stock, valued at approximately $108,861,082.65. This trade represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 149,032 shares of company stock worth $14,860,951. Corporate insiders own 0.10% of the company’s stock.

Walmart Price Performance

NYSE:WMT opened at $103.01 on Tuesday. The firm’s fifty day moving average is $100.30 and its two-hundred day moving average is $96.31. The firm has a market cap of $821.28 billion, a price-to-earnings ratio of 38.73, a PEG ratio of 4.86 and a beta of 0.65. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. Walmart Inc. has a one year low of $78.98 and a one year high of $106.11.

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

Wall Street Analyst Weigh In

Several research analysts recently issued reports on WMT shares. 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. Truist Financial cut their price objective on shares of Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a report on Friday, August 22nd. Piper Sandler reiterated an “overweight” rating and issued a $111.00 target price on shares of Walmart in a research note on Wednesday, September 24th. Wolfe Research assumed coverage on shares of Walmart in a research report on Thursday, September 18th. They set an “outperform” rating and a $129.00 target price on the stock. Finally, Evercore ISI reaffirmed 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. Twenty-nine research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target 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.