Kinsale Capital Group Inc. Increases Position in Walmart Inc. $WMT

Kinsale Capital Group Inc. boosted its position in Walmart Inc. (NYSE:WMT) by 9.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 148,011 shares of the retailer’s stock after purchasing an additional 12,690 shares during the period. Walmart makes up about 3.0% of Kinsale Capital Group Inc.’s portfolio, making the stock its 6th largest holding. Kinsale Capital Group Inc.’s holdings in Walmart were worth $14,472,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Brighton Jones LLC raised its holdings in shares of Walmart by 28.8% in the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after purchasing an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Walmart by 5.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after buying an additional 485 shares in the last quarter. Phillips Financial Management LLC raised its position in shares of Walmart by 3.0% during the first quarter. Phillips Financial Management LLC now owns 7,360 shares of the retailer’s stock worth $646,000 after purchasing an additional 214 shares during the period. Cerity Partners LLC increased its stake in Walmart by 69.2% in the 1st quarter. Cerity Partners LLC now owns 2,990,710 shares of the retailer’s stock worth $262,453,000 after purchasing an additional 1,223,345 shares in the last quarter. Finally, Genus Capital Management Inc. raised its holdings in Walmart by 168.2% during the 1st quarter. Genus Capital Management Inc. now owns 39,562 shares of the retailer’s stock worth $3,473,000 after buying an additional 97,539 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on WMT shares. Bank of America increased their target price on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, September 17th. The Goldman Sachs Group lifted their target price on Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, August 22nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. Wolfe Research initiated coverage on shares of Walmart in a research note on Thursday, September 18th. They set an “outperform” rating and a $129.00 target price for the company. Finally, Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the company an “outperform” rating in a report on Friday, August 22nd. Thirty-one investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $113.40.

Insider Buying and Selling

In other news, CTO Suresh Kumar sold 30,000 shares of Walmart 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 transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction on Thursday, September 25th. The stock was sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the completion of the sale, the chief executive officer owned 4,373,576 shares of the company’s stock, valued at $451,396,778.96. The trade was a 0.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 151,038 shares of company stock worth $15,531,616. 0.10% of the stock is currently owned by company insiders.

Walmart Price Performance

NYSE WMT opened at $102.60 on Friday. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $109.57. The stock’s 50-day moving average is $103.02 and its two-hundred day moving average is $99.43. The firm has a market cap of $818.01 billion, a P/E ratio of 38.57, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. 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 quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 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 company had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. During the same period in the prior year, the company posted $0.67 EPS. The business’s revenue was up 4.8% on a year-over-year basis. 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.

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.