King Luther Capital Management Corp Increases Position in Walmart Inc. $WMT

King Luther Capital Management Corp increased its position in shares of Walmart Inc. (NYSE:WMT) by 0.8% in the 2nd quarter, HoldingsChannel reports. The fund owned 1,291,925 shares of the retailer’s stock after acquiring an additional 10,279 shares during the period. King Luther Capital Management Corp’s holdings in Walmart were worth $126,324,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the business. Access Investment Management LLC acquired a new position in Walmart during the 2nd quarter valued at about $26,000. Operose Advisors LLC raised its holdings in shares of Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after buying an additional 243 shares during the last quarter. PFS Partners LLC lifted its stake in shares of Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after buying an additional 233 shares during the period. Bear Mountain Capital Inc. grew its holdings in shares of Walmart by 98.2% during the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock valued at $32,000 after buying an additional 167 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd raised its stake in Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after acquiring an additional 294 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on WMT shares. Tigress Financial increased their price target on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 3rd. Wolfe Research started coverage on shares of Walmart in a research note on Thursday, September 18th. They set an “outperform” rating and a $129.00 price objective for the company. BTIG Research assumed coverage on shares of Walmart in a research note on Tuesday, October 14th. They issued a “buy” rating and a $120.00 price objective on the stock. The Goldman Sachs Group raised their target price on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. Finally, Truist Financial cut their price target on Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a research report on Friday, August 22nd. Thirty-one analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and an average price target of $113.40.

Walmart Stock Performance

NYSE WMT opened at $102.60 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The stock’s 50 day simple moving average is $103.02 and its 200-day simple moving average is $99.46. The company has a market cap of $818.01 billion, a PE ratio of 38.57, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $109.57.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). The firm 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 firm’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 company posted $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. As a group, equities research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Activity at Walmart

In related news, EVP John D. Rainey sold 2,200 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $101.18, for a total value of $222,596.00. Following the completion of the sale, the executive vice president owned 619,518 shares of the company’s stock, valued at approximately $62,682,831.24. This trade represents a 0.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Daniel J. Bartlett sold 1,550 shares of the firm’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $107.46, for a total transaction of $166,563.00. Following the sale, the executive vice president owned 644,418 shares of the company’s stock, valued at approximately $69,249,158.28. The trade was a 0.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 151,038 shares of company stock worth $15,531,616 in the last 90 days. 0.10% of the stock is owned by insiders.

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.