Los Angeles Capital Management LLC Purchases 536,497 Shares of Walmart Inc. $WMT

Los Angeles Capital Management LLC grew its holdings in shares of Walmart Inc. (NYSE:WMT) by 37.2% in the 2nd quarter, Holdings Channel.com reports. The fund owned 1,977,942 shares of the retailer’s stock after purchasing an additional 536,497 shares during the period. Walmart makes up about 0.7% of Los Angeles Capital Management LLC’s holdings, making the stock its 27th biggest holding. Los Angeles Capital Management LLC’s holdings in Walmart were worth $193,403,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in WMT. Kingstone Capital Partners Texas LLC raised its holdings in Walmart by 397,264.9% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock worth $10,496,702,000 after purchasing an additional 104,488,610 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Walmart during the first quarter worth $2,532,331,000. Goldman Sachs Group Inc. increased its position in shares of Walmart by 30.1% during the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock worth $2,922,770,000 after buying an additional 7,706,201 shares during the period. Wellington Management Group LLP raised its stake in Walmart by 527.1% during the first quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock worth $591,620,000 after buying an additional 5,664,484 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board lifted its holdings in Walmart by 28,684.8% in the first quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock valued at $371,295,000 after buying an additional 4,214,661 shares during the period. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction on Thursday, September 25th. The shares were sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the transaction, the chief executive officer directly 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 position. The transaction 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 the company’s 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 completion of the sale, the executive vice president owned 1,048,455 shares of the company’s stock, valued at approximately $108,861,082.65. The trade was a 0.38% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 151,038 shares of company stock worth $15,531,616 in the last ninety days. Corporate insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on WMT shares. Evercore ISI reiterated an “outperform” rating and set a $111.00 price target (up from $110.00) on shares of Walmart in a report on Tuesday, October 21st. Tigress Financial upped their target price on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 3rd. Bank of America lifted their target price on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Truist Financial cut their price target on Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a report on Friday, August 22nd. Finally, Erste Group Bank upgraded shares of Walmart from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Thirty-one analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Walmart presently has a consensus rating of “Moderate Buy” and a consensus target price of $113.40.

Walmart Stock Performance

Shares of WMT stock opened at $102.60 on Friday. The firm has a market capitalization 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. The firm has a fifty day simple moving average of $103.02 and a two-hundred day simple moving average of $99.43. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $109.57. 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 posted its earnings results 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 return on equity of 21.45% and a net margin of 3.08%.The business had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same quarter in the prior year, the company earned $0.67 EPS. The company’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. Analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

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.