King Luther Capital Management Corp Buys 10,279 Shares of Walmart Inc. $WMT

King Luther Capital Management Corp increased its position in Walmart Inc. (NYSE:WMT) by 0.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,291,925 shares of the retailer’s stock after acquiring an additional 10,279 shares during the quarter. King Luther Capital Management Corp’s holdings in Walmart were worth $126,324,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in WMT. Vanguard Group Inc. increased its stake in Walmart by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer’s stock worth $37,395,120,000 after buying an additional 3,224,154 shares in the last quarter. Kingstone Capital Partners Texas LLC grew its position in shares of Walmart by 397,264.9% during the second 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 in the last quarter. Goldman Sachs Group Inc. raised its stake in Walmart by 30.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock valued at $2,922,770,000 after purchasing an additional 7,706,201 shares during the period. Ameriprise Financial Inc. lifted its holdings in Walmart by 1.3% in the 1st 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 in the last quarter. Finally, Invesco Ltd. boosted its stake in Walmart by 2.9% in the 1st 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. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

Shares of WMT stock opened at $102.60 on Friday. The stock has a 50 day moving average price of $103.02 and a 200 day moving average price of $99.46. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.57. 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 firm has a market capitalization of $818.01 billion, a P/E ratio of 38.57, a P/E/G ratio of 4.83 and a beta of 0.67.

Walmart (NYSE:WMT) last released 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). The business had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. As a group, sell-side analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Activity

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction on Monday, October 20th. The stock was sold at an average price of $107.75, for a total value of $431,000.00. Following the completion of the sale, the executive vice president directly owned 1,044,455 shares in the company, valued at approximately $112,540,026.25. This represents a 0.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,550 shares of the firm’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $107.46, for a total value of $166,563.00. Following the transaction, the executive vice president owned 644,418 shares in the company, valued at approximately $69,249,158.28. This represents a 0.24% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 151,038 shares of company stock valued at $15,531,616. Insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on WMT shares. Truist Financial lowered their target price on shares of Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a report on Friday, August 22nd. UBS Group reiterated a “buy” rating and issued a $122.00 price target (up previously from $110.00) on shares of Walmart in a research note on Thursday, October 23rd. BTIG Research began coverage on Walmart in a research report on Tuesday, October 14th. They set a “buy” rating and a $120.00 price objective for the company. JPMorgan Chase & Co. decreased their target price on Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Finally, Piper Sandler restated an “overweight” rating and set a $111.00 price target on shares of Walmart in a report on Wednesday, September 24th. Thirty-one analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $113.40.

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.