2,185 Shares in Walmart Inc. $WMT Bought by Kondo Wealth Advisors Inc.

by · The Cerbat Gem

Kondo Wealth Advisors Inc. purchased a new stake in Walmart Inc. (NYSE:WMT – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 2,185 shares of the retailer’s stock, valued at approximately $215,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in Walmart by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer’s stock valued at $37,395,120,000 after buying an additional 3,224,154 shares in the last quarter. Kingstone Capital Partners Texas LLC grew its stake in Walmart by 397,264.9% in the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after acquiring an additional 104,488,610 shares during the period. Goldman Sachs Group Inc. increased its holdings 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 valued at $2,922,770,000 after acquiring an additional 7,706,201 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of Walmart by 1.3% during the first quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer’s stock worth $2,710,665,000 after purchasing an additional 387,424 shares during the period. Finally, Invesco Ltd. raised its position in shares of Walmart by 2.9% during the first quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer’s stock worth $2,562,427,000 after purchasing an additional 823,020 shares during the period. Institutional investors own 26.76% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. JPMorgan Chase & Co. reduced their price target on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. Oppenheimer lifted their price objective on shares of Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a report on Wednesday, August 13th. Truist Financial decreased their target price on shares of Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a research report on Friday, August 22nd. BTIG Research initiated coverage on Walmart in a research note on Tuesday. They set a “buy” rating and a $120.00 price target for the company. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. Thirty-one analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $112.63.

View Our Latest Stock Report on Walmart

Insider Activity at Walmart

In other news, CTO Suresh Kumar sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the completion of the sale, the chief technology officer owned 1,787,200 shares in the company, valued at $184,921,584. This trade represents a 1.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $98.55, for a total value of $1,293,468.75. Following the completion of the transaction, the executive vice president owned 919,189 shares in the company, valued at approximately $90,586,075.95. The trade was a 1.41% decrease in their position. The disclosure for this sale can be found here. Insiders sold 151,038 shares of company stock valued at $15,249,614 over the last quarter. 0.10% of the stock is currently owned by insiders.

Walmart Trading Up 1.3%

Shares of WMT stock opened at $107.80 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The company has a market capitalization of $859.50 billion, a price-to-earnings ratio of 40.53, a PEG ratio of 5.02 and a beta of 0.67. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.57. The company has a 50-day simple moving average of $101.69 and a two-hundred day simple moving average of $97.86.

Walmart (NYSE:WMT – Get Free Report) last issued its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The business had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business’s revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the business 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. Research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Profile

(Free Report)

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.

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