M1 Capital Management LLC Grows Stock Position in Walmart Inc. $WMT

M1 Capital Management LLC lifted its holdings in Walmart Inc. (NYSE:WMT) by 6.2% in the 2nd quarter, Holdings Channel.com reports. The firm owned 8,919 shares of the retailer’s stock after purchasing an additional 523 shares during the quarter. M1 Capital Management LLC’s holdings in Walmart were worth $872,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of WMT. Kingstone Capital Partners Texas LLC increased its stake in shares of Walmart by 397,264.9% in the 2nd 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 in the last quarter. Nuveen LLC purchased a new position in shares of Walmart in the 1st quarter valued at about $2,532,331,000. Goldman Sachs Group Inc. increased its stake in shares of Walmart by 30.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock valued at $2,922,770,000 after purchasing an additional 7,706,201 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of Walmart by 527.1% in the 1st quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock valued at $591,620,000 after purchasing an additional 5,664,484 shares in the last quarter. Finally, Ontario Teachers Pension Plan Board increased its stake in shares of 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 purchasing an additional 4,214,661 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $100.96, for a total value of $403,840.00. Following the transaction, the executive vice president directly owned 1,052,455 shares in the company, valued at approximately $106,255,856.80. This represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CTO Suresh Kumar sold 30,000 shares of the company’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 value of $3,104,100.00. Following the completion of the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 151,232 shares of company stock valued at $15,083,877. Insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on WMT. Weiss Ratings reiterated a “buy (b)” rating on shares of Walmart in a research note on Wednesday. Erste Group Bank upgraded Walmart from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Guggenheim reiterated a “buy” rating and set a $115.00 price objective (up from $112.00) on shares of Walmart in a research note on Monday, August 18th. Wolfe Research began coverage on Walmart in a research note on Thursday, September 18th. They set an “outperform” rating and a $129.00 price objective for the company. Finally, JPMorgan Chase & Co. cut their price objective on Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. Thirty investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $112.38.

Walmart Trading Up 0.1%

Shares of Walmart stock opened at $101.86 on Friday. The stock has a market cap of $812.10 billion, a P/E ratio of 38.29, a P/E/G ratio of 4.80 and a beta of 0.67. The stock’s 50 day simple moving average is $101.22 and its 200-day simple moving average is $97.18. Walmart Inc. has a 1-year low of $79.37 and a 1-year high of $106.11. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23.

Walmart (NYSE:WMT) last issued its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). The company had revenue of $169.34 billion for 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 company’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

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.