Kanawha Capital Management LLC Purchases 1,257 Shares of Walmart Inc. $WMT

by · The Cerbat Gem

Kanawha Capital Management LLC boosted its position in Walmart Inc. (NYSE:WMT – Free Report) by 2.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 61,387 shares of the retailer’s stock after purchasing an additional 1,257 shares during the period. Kanawha Capital Management LLC’s holdings in Walmart were worth $6,002,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the company. Nicholson Wealth Management Group LLC lifted its stake in Walmart by 2.5% in the second quarter. Nicholson Wealth Management Group LLC now owns 20,051 shares of the retailer’s stock worth $1,961,000 after purchasing an additional 486 shares during the last quarter. Chevy Chase Trust Holdings LLC increased its position in shares of Walmart by 0.6% during the second quarter. Chevy Chase Trust Holdings LLC now owns 2,305,073 shares of the retailer’s stock worth $225,390,000 after acquiring an additional 12,749 shares during the period. Arista Wealth Management LLC increased its position in shares of Walmart by 132.3% during the second quarter. Arista Wealth Management LLC now owns 21,275 shares of the retailer’s stock worth $2,080,000 after acquiring an additional 12,115 shares during the period. Stratos Wealth Partners LTD. increased its position in shares of Walmart by 2.6% during the second quarter. Stratos Wealth Partners LTD. now owns 192,686 shares of the retailer’s stock worth $18,841,000 after acquiring an additional 4,924 shares during the period. Finally, Private Trust Co. NA increased its position in shares of Walmart by 4.1% during the second quarter. Private Trust Co. NA now owns 52,433 shares of the retailer’s stock worth $5,127,000 after acquiring an additional 2,084 shares during the period. Institutional investors own 26.76% of the company’s stock.

Analysts Set New Price Targets

WMT has been the topic of a number of research reports. JPMorgan Chase & Co. reduced their target price on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Bank of America raised their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, September 17th. Oppenheimer raised their target price on shares of Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 13th. Sanford C. Bernstein set a $117.00 target price on shares of Walmart and gave the stock an “outperform” rating in a research report on Friday, August 22nd. Finally, BTIG Research initiated coverage on shares of Walmart in a research report on Tuesday. They set a “buy” rating and a $120.00 target price on the stock. Thirty-one equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $112.63.

Check Out Our Latest Stock Report on Walmart

Insider Buying and Selling

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $103.83, for a total value of $415,320.00. Following the completion of the sale, the executive vice president directly owned 1,048,455 shares in the company, valued at $108,861,082.65. This trade represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the chief executive officer owned 4,373,576 shares of the company’s stock, valued at approximately $451,396,778.96. This trade represents a 0.44% decrease in their ownership of the stock. 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. Insiders own 0.10% of the company’s stock.

Walmart Stock Performance

Shares of WMT stock opened at $107.80 on Friday. The firm has a market cap of $859.50 billion, a price-to-earnings ratio of 40.53, a PEG ratio of 5.02 and a beta of 0.67. The company’s 50 day moving average is $101.69 and its 200 day moving average is $97.86. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.57.

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

Walmart Company 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.

See Also

Want to see what other hedge funds are holding WMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walmart Inc. (NYSE:WMT – Free Report).