Trust Co of Kansas Has $492,000 Stake in Walmart Inc. $WMT

Trust Co of Kansas increased its holdings in shares of Walmart Inc. (NYSE:WMT) by 6.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,034 shares of the retailer’s stock after acquiring an additional 300 shares during the quarter. Walmart comprises 0.2% of Trust Co of Kansas’ portfolio, making the stock its 29th biggest holding. Trust Co of Kansas’ holdings in Walmart were worth $492,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC increased its holdings in shares of Walmart by 397,264.9% in the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after purchasing an additional 104,488,610 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Walmart during the 1st quarter worth about $2,532,331,000. Goldman Sachs Group Inc. boosted its holdings in shares of Walmart by 30.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock worth $2,922,770,000 after buying an additional 7,706,201 shares during the period. Wellington Management Group LLP boosted its holdings in shares of Walmart by 527.1% during the 1st quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock worth $591,620,000 after buying an additional 5,664,484 shares during the period. Finally, Ontario Teachers Pension Plan Board grew its stake in Walmart by 28,684.8% in the 1st quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock valued at $371,295,000 after buying an additional 4,214,661 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Insider Activity

In related news, CTO Suresh Kumar sold 30,000 shares of the company’s stock in a transaction dated Friday, September 12th. The stock was 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 in the company, valued at $184,921,584. This represents a 1.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 transaction of $403,840.00. Following the completion of the sale, the executive vice president owned 1,052,455 shares of the company’s stock, valued at $106,255,856.80. This represents a 0.38% decrease in their position. The disclosure for this sale can be found here. Insiders sold 151,232 shares of company stock worth $15,083,877 over the last ninety days. Corporate insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on WMT. Guggenheim restated a “buy” rating and set a $115.00 price objective (up previously from $112.00) on shares of Walmart in a report on Monday, August 18th. Mizuho restated an “outperform” rating and issued a $115.00 price target on shares of Walmart in a research note on Wednesday, August 13th. Bank of America increased their price objective on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, September 17th. Tigress Financial boosted their target price on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 3rd. Finally, Truist Financial lowered their price target on shares of Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a research report 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’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $112.38.

Walmart Price Performance

WMT stock opened at $101.77 on Friday. The company’s 50-day moving average price is $100.68 and its two-hundred day moving average price is $96.50. The firm has a market cap of $811.38 billion, a P/E ratio of 38.26, a P/E/G ratio of 4.81 and a beta of 0.67. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 12 month low of $78.98 and a 12 month high of $106.11.

Walmart (NYSE:WMT) last issued its 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 net margin of 3.08% and a return on equity of 21.45%. The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior year, the business 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. On average, analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

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.