Kingsview Wealth Management LLC Invests $19.02 Million in Walmart Inc. $WMT

Kingsview Wealth Management LLC purchased a new position in shares of Walmart Inc. (NASDAQ:WMT) during the second quarter, HoldingsChannel.com reports. The institutional investor purchased 167,885 shares of the retailer’s stock, valued at approximately $19,015,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in WMT. Bank of America Corp DE acquired a new stake in Walmart during the 2nd quarter worth approximately $7,455,131,000. Norges Bank acquired a new position in shares of Walmart in the fourth quarter valued at approximately $6,458,529,000. Legal & General Group Plc acquired a new position in shares of Walmart in the second quarter valued at approximately $2,905,655,000. AQR Capital Management LLC increased its holdings in shares of Walmart by 188.1% in the third quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer’s stock valued at $1,199,907,000 after purchasing an additional 7,614,172 shares during the period. Finally, Canada Pension Plan Investment Board purchased a new stake in shares of Walmart during the second quarter worth approximately $796,677,000. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Walmart

In related news, EVP Daniel Danker sold 50,644 shares of the business’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $105.35, for a total transaction of $5,335,345.40. Following the sale, the executive vice president owned 201,672 shares of the company’s stock, valued at approximately $21,246,145.20. The trade was a 20.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Daniel J. Bartlett sold 3,710 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $113.10, for a total transaction of $419,601.00. Following the completion of the transaction, the executive vice president directly owned 626,299 shares of the company’s stock, valued at approximately $70,834,416.90. This trade represents a 0.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 77,292 shares of company stock worth $8,421,143 in the last ninety days. Corporate insiders own 0.09% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on WMT. JPMorgan Chase & Co. lowered their price objective on shares of Walmart from $137.00 to $125.00 and set an “overweight” rating on the stock in a research report on Friday, August 21st. Oppenheimer restated a “market perform” rating on shares of Walmart in a research report on Tuesday, August 25th. Guggenheim set a $130.00 target price on shares of Walmart and gave the stock a “buy” rating in a research note on Friday, August 21st. Royal Bank Of Canada lowered their target price on shares of Walmart from $137.00 to $131.00 and set an “outperform” rating on the stock in a report on Friday, August 21st. Finally, Citigroup dropped their price target on shares of Walmart from $147.00 to $132.00 and set a “buy” rating on the stock in a research note on Friday, August 21st. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $131.88.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart agreed to pay $50 million to settle U.S. Justice Department allegations involving improperly filled opioid prescriptions. Although the settlement carries a financial cost and reputational risk, it is viewed favorably because it resolves litigation that had exposed the company to potentially billions of dollars in civil penalties. Walmart described the payment as immaterial. Walmart escapes major legal penalty for a fraction of the cost
• Positive Sentiment: Walmart’s U.S. marketplace sales increased 52%, supported by a broader product selection, greater use of fulfillment services and international expansion in Mexico and Canada. Sustaining this momentum could improve e-commerce growth and marketplace profitability. Walmart’s Marketplace Momentum Builds
• Positive Sentiment: Tigress Financial reaffirmed its buy rating and set a $155 price target, implying substantial upside from recent trading levels. This reflects confidence in Walmart’s long-term earnings and growth prospects. Benzinga analyst rating
• Neutral Sentiment: Commentary highlights Walmart’s 53-year record of dividend increases and notes that the stock is well below its peak. However, its dividend yield remains relatively low and its valuation is still elevated compared with the broader market. Walmart dividend analysis
• Negative Sentiment: Erste Group Bank lowered its fiscal 2027 EPS estimates, signaling expectations for slower earnings growth or increased cost pressure. Walmart’s recent earnings-related share-price weakness also indicates that investors remain sensitive to the company’s premium valuation. FY2027 EPS Estimates for Walmart Cut

Walmart Trading Up 1.7%

NASDAQ:WMT opened at $104.87 on Tuesday. Walmart Inc. has a 1 year low of $95.79 and a 1 year high of $135.15. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.23 and a current ratio of 0.77. The stock has a fifty day moving average price of $111.65 and a two-hundred day moving average price of $120.24. The stock has a market capitalization of $834.56 billion, a price-to-earnings ratio of 37.86, a PEG ratio of 3.92 and a beta of 0.61.

Walmart (NASDAQ:WMT) last issued its earnings results on Thursday, August 20th. The retailer reported $0.81 EPS for the quarter, topping the consensus estimate of $0.74 by $0.07. Walmart had a net margin of 3.00% and a return on equity of 21.83%. The company had revenue of $187.94 billion for the quarter, compared to analyst estimates of $186.64 billion. During the same period in the previous year, the firm earned $0.68 EPS. The business’s revenue was up 5.9% on a year-over-year basis. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. As a group, sell-side analysts anticipate that Walmart Inc. will post 2.87 earnings per share for the current fiscal year.

About Walmart

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.