Integrated Wealth Concepts LLC Purchases 12,703 Shares of Walmart Inc. $WMT

Integrated Wealth Concepts LLC boosted its position in Walmart Inc. (NASDAQ:WMT) by 4.1% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 322,825 shares of the retailer’s stock after acquiring an additional 12,703 shares during the period. Integrated Wealth Concepts LLC’s holdings in Walmart were worth $36,563,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of WMT. California State Teachers Retirement System grew its holdings in Walmart by 11,189.0% during the 2nd quarter. California State Teachers Retirement System now owns 755,604,916 shares of the retailer’s stock valued at $85,579,813,000 after buying an additional 748,911,635 shares in the last quarter. Bank of America Corp DE purchased a new position in shares of Walmart during the second quarter worth about $7,455,131,000. Norges Bank purchased a new position in shares of Walmart during the fourth quarter worth about $6,458,529,000. Legal & General Group Plc purchased a new position in Walmart in the second quarter worth $2,905,655,000. Finally, AQR Capital Management LLC grew its position in Walmart by 188.1% in the third quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer’s stock worth $1,199,907,000 after acquiring an additional 7,614,172 shares in the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Opioid settlement removes a major legal overhang. Walmart agreed to pay $50 million to resolve a federal opioid case, substantially less than the potential multibillion-dollar liability discussed by the Justice Department. The relatively modest settlement limits financial and legal uncertainty. Walmart Settles a Potential Multibillion-Dollar Opioid Case for $50 Million
• Positive Sentiment: Artificial intelligence could support operational and sales growth. TD Cowen identified Walmart among the retailers best positioned to benefit as AI improves shopping, merchandising and store operations. The opportunity could strengthen productivity and customer engagement over time. Walmart, Ulta and Other Retailers That Can Win With AI
• Positive Sentiment: Higher-margin advertising remains a growth opportunity. Walmart’s expanding advertising business is improving its sales mix as digital commerce grows, potentially lifting profits faster than revenue. Walmart’s Ad Business Expands
• Neutral Sentiment: Defensive characteristics may attract investors ahead of CPI and the Federal Reserve decision. Walmart is being viewed as a relatively stable, consumer-oriented holding during macroeconomic uncertainty, although interest-rate expectations could continue to influence its valuation. 5 Defensive Stocks to Watch as CPI and the Fed Put the Rally to the Test
• Neutral Sentiment: Strong participation by older shoppers in major summer e-commerce events indicates continued consumer traffic for Walmart, but the report also underscores intense competition with Amazon. Boomers Fueled Amazon and Walmart Summer Sales Crowds
• Negative Sentiment: Near-term earnings pressure could temper enthusiasm. Although advertising is high margin, costs associated with Walmart’s Vibe initiatives are expected to weigh on fiscal 2027 profit growth. With the stock’s elevated earnings multiple, investors may demand stronger earnings acceleration. Walmart’s Ad Business Expands

Analyst Ratings Changes

Several research firms have weighed in on WMT. Cantor Fitzgerald raised shares of Walmart to a “buy” rating in a research note on Friday, August 21st. Freedom Capital raised shares of Walmart from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 20th. Truist Financial set a $114.00 price target on shares of Walmart and gave the company a “buy” rating in a report on Friday, August 21st. Tigress Financial reissued a “buy” rating and set a $155.00 price target on shares of Walmart in a research report on Monday, August 31st. Finally, Wells Fargo & Company cut their price target on shares of Walmart from $140.00 to $120.00 and set an “overweight” rating on the stock in a report on Friday, August 21st. Three analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Walmart currently has a consensus rating of “Moderate Buy” and an average price target of $131.88.

Insiders Place Their Bets

In other news, EVP Christopher Nicholas sold 2,900 shares of the company’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $106.34, for a total transaction of $308,386.00. Following the completion of the sale, the executive vice president owned 569,153 shares of the company’s stock, valued at $60,523,730.02. This represents a 0.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel J. Bartlett sold 3,950 shares of the stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $105.14, for a total transaction of $415,303.00. Following the completion of the transaction, the executive vice president owned 622,349 shares in the company, valued at $65,433,773.86. This trade represents a 0.63% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 69,264 shares of company stock valued at $7,401,242. Insiders own 0.09% of the company’s stock.

Walmart Price Performance

NASDAQ WMT opened at $106.05 on Wednesday. The stock has a market capitalization of $841.37 billion, a price-to-earnings ratio of 38.29, a PEG ratio of 4.09 and a beta of 0.59. Walmart Inc. has a 1-year low of $98.88 and a 1-year high of $135.15. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.23. The business’s fifty day moving average price is $110.51 and its 200-day moving average price is $119.22.

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

About Walmart

Walmart Inc is a multinational retail and technology company that operates supercenters, discount stores, neighborhood markets, e-commerce platforms and membership warehouse clubs. Its merchandise includes groceries, apparel, electronics, home goods, health and beauty products, general merchandise and other consumer products.

Founded by Sam Walton in 1962 and incorporated in 1969, Walmart is headquartered in Bentonville, Arkansas. The company serves customers through operations in the United States and international markets, including Mexico, Canada, China, India and several countries in Central America and Africa.