Christensen King & Associates Investment Services Inc. Acquires Shares of 2,144 Walmart Inc. $WMT

Christensen King & Associates Investment Services Inc. acquired a new stake in Walmart Inc. (NYSE:WMT) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 2,144 shares of the retailer’s stock, valued at approximately $210,000.

A number of other hedge funds also recently bought and sold shares of WMT. Operose Advisors LLC grew its stake in shares of Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after buying an additional 243 shares during the period. Ridgewood Investments LLC grew its stake in shares of Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after buying an additional 115 shares during the period. Bear Mountain Capital Inc. grew its stake in shares of Walmart by 98.2% in the 1st 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 period. Clal Insurance Enterprises Holdings Ltd grew its stake in shares of Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock valued at $32,000 after buying an additional 294 shares during the period. Finally, EQ Wealth Advisors LLC purchased a new stake in shares of Walmart in the 1st quarter valued at approximately $35,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Daniel J. Bartlett sold 1,610 shares of Walmart stock in a transaction on Monday, September 15th. The shares were sold at an average price of $103.71, for a total transaction of $166,973.10. Following the sale, the executive vice president directly owned 645,968 shares in the company, valued at $66,993,341.28. This trade represents a 0.25% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction on Friday, September 19th. The stock was sold at an average price of $103.83, for a total transaction of $415,320.00. Following the sale, the executive vice president owned 1,048,455 shares in the company, valued at $108,861,082.65. This represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 151,232 shares of company stock worth $14,960,635. 0.10% of the stock is currently owned by insiders.

Walmart Price Performance

Shares of WMT opened at $102.79 on Tuesday. Walmart Inc. has a twelve month low of $78.98 and a twelve month high of $106.11. The firm’s fifty day simple moving average is $99.54 and its 200-day simple moving average is $95.72. The firm has a market capitalization of $819.53 billion, a price-to-earnings ratio of 38.64, a PEG ratio of 4.82 and a beta of 0.65. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT) last announced its quarterly earnings data 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). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same quarter in the previous year, the business posted $0.67 earnings per share. Walmart’s revenue for the quarter 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. Equities analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

WMT has been the subject of several analyst reports. Truist Financial dropped their price target on shares of Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a research note on Friday, August 22nd. Wolfe Research initiated coverage on shares of Walmart in a research note on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price target for the company. Guggenheim reaffirmed a “buy” rating and set a $115.00 price objective (up previously from $112.00) on shares of Walmart in a research report on Monday, August 18th. Telsey Advisory Group increased their price objective on shares of Walmart from $115.00 to $118.00 and gave the stock an “outperform” rating in a research report on Friday, August 22nd. Finally, KeyCorp increased their price objective on shares of Walmart from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Monday, June 9th. Twenty-nine equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Walmart presently has a consensus rating of “Moderate Buy” and a consensus target price of $112.62.

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.