IMS Capital Management Invests $1.56 Million in Walmart Inc. $WMT

IMS Capital Management purchased a new position in shares of Walmart Inc. (NYSE:WMT) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 15,916 shares of the retailer’s stock, valued at approximately $1,556,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in WMT. Vanguard Group Inc. raised its stake in shares of Walmart by 0.8% during the first quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer’s stock worth $37,395,120,000 after purchasing an additional 3,224,154 shares during the last quarter. Kingstone Capital Partners Texas LLC increased its stake in Walmart by 397,264.9% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after buying an additional 104,488,610 shares during the period. Goldman Sachs Group Inc. raised its position in Walmart by 30.1% during the 1st 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 last quarter. Ameriprise Financial Inc. lifted its stake in shares of 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 acquiring an additional 387,424 shares during the period. Finally, Invesco Ltd. lifted its stake in shares of 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 acquiring an additional 823,020 shares during the period. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Stock Down 0.4%

Walmart stock opened at $102.44 on Wednesday. Walmart Inc. has a fifty-two week low of $78.98 and a fifty-two week high of $106.11. The firm has a market capitalization of $816.76 billion, a price-to-earnings ratio of 38.51, a price-to-earnings-growth ratio of 4.85 and a beta of 0.65. The stock’s fifty day moving average is $99.68 and its two-hundred day moving average is $95.77. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate 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%.Walmart’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the firm 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. Analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP John D. Rainey sold 2,200 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $97.37, for a total value of $214,214.00. Following the sale, the executive vice president owned 623,918 shares of the company’s stock, valued at approximately $60,750,895.66. This represents a 0.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $103.83, for a total value of $415,320.00. Following the transaction, the executive vice president directly owned 1,048,455 shares of the company’s stock, valued at $108,861,082.65. The trade was a 0.38% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 151,232 shares of company stock valued at $14,960,635. 0.10% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on WMT shares. Erste Group Bank raised shares of Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. Truist Financial cut their target price on Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a research note on Friday, August 22nd. Guggenheim reaffirmed a “buy” rating and set a $115.00 price objective (up previously from $112.00) on shares of Walmart in a report on Monday, August 18th. Mizuho reissued an “outperform” rating and issued a $115.00 target price on shares of Walmart in a report on Wednesday, August 13th. Finally, Wolfe Research began coverage on shares of Walmart in a research report on Thursday, September 18th. They set an “outperform” rating and a $129.00 target price on the stock. Twenty-nine analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Walmart has an average rating of “Moderate Buy” and an average target price of $112.62.

About Walmart

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.