Integrated Wealth Concepts LLC Has $36.56 Million Stake in Walmart Inc. $WMT

Integrated Wealth Concepts LLC grew its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 4.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 322,825 shares of the retailer’s stock after purchasing an additional 12,703 shares during the period. Integrated Wealth Concepts LLC’s holdings in Walmart were worth $36,563,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. California State Teachers Retirement System increased its stake in Walmart by 11,189.0% during the 2nd quarter. California State Teachers Retirement System now owns 755,604,916 shares of the retailer’s stock worth $85,579,813,000 after acquiring an additional 748,911,635 shares during the period. Bank of America Corp DE acquired a new stake in shares of Walmart during the 2nd quarter worth $7,455,131,000. Norges Bank acquired a new stake in shares of Walmart during the 4th quarter worth $6,458,529,000. Legal & General Group Plc bought a new position in shares of Walmart in the second quarter worth $2,905,655,000. Finally, AQR Capital Management LLC increased its position in shares of Walmart by 188.1% in the third quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer’s stock worth $1,199,907,000 after purchasing an additional 7,614,172 shares during the period. 26.76% of the stock is owned by institutional investors.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Opioid settlement removes a major legal overhang. Walmart agreed to pay $50 million to resolve a federal opioid case, substantially less than the potential multibillion-dollar liability discussed by the Justice Department. The relatively modest settlement limits financial and legal uncertainty. Walmart Settles a Potential Multibillion-Dollar Opioid Case for $50 Million
• Positive Sentiment: Artificial intelligence could support operational and sales growth. TD Cowen identified Walmart among the retailers best positioned to benefit as AI improves shopping, merchandising and store operations. The opportunity could strengthen productivity and customer engagement over time. Walmart, Ulta and Other Retailers That Can Win With AI
• Positive Sentiment: Higher-margin advertising remains a growth opportunity. Walmart’s expanding advertising business is improving its sales mix as digital commerce grows, potentially lifting profits faster than revenue. Walmart’s Ad Business Expands
• Neutral Sentiment: Defensive characteristics may attract investors ahead of CPI and the Federal Reserve decision. Walmart is being viewed as a relatively stable, consumer-oriented holding during macroeconomic uncertainty, although interest-rate expectations could continue to influence its valuation. 5 Defensive Stocks to Watch as CPI and the Fed Put the Rally to the Test
• Neutral Sentiment: Strong participation by older shoppers in major summer e-commerce events indicates continued consumer traffic for Walmart, but the report also underscores intense competition with Amazon. Boomers Fueled Amazon and Walmart Summer Sales Crowds
• Negative Sentiment: Near-term earnings pressure could temper enthusiasm. Although advertising is high margin, costs associated with Walmart’s Vibe initiatives are expected to weigh on fiscal 2027 profit growth. With the stock’s elevated earnings multiple, investors may demand stronger earnings acceleration. Walmart’s Ad Business Expands

Insider Buying and Selling at Walmart

In related news, EVP Daniel Danker sold 50,644 shares of the business’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $105.35, for a total transaction of $5,335,345.40. Following the transaction, the executive vice president owned 201,672 shares in the company, valued at $21,246,145.20. The trade was a 20.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Christopher Nicholas sold 2,900 shares of the stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $106.34, for a total value of $308,386.00. Following the completion of the transaction, the executive vice president owned 569,153 shares in the company, valued at approximately $60,523,730.02. The trade was a 0.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 69,264 shares of company stock valued at $7,401,242. 0.09% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research firms recently weighed in on WMT. Oppenheimer reaffirmed a “market perform” rating on shares of Walmart in a research report on Tuesday, August 25th. BMO Capital Markets restated an “outperform” rating and issued a $126.00 target price on shares of Walmart in a research report on Friday, August 21st. Wells Fargo & Company cut their price target on shares of Walmart from $140.00 to $120.00 and set an “overweight” rating for the company in a report on Friday, August 21st. Weiss Ratings cut shares of Walmart from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, July 31st. Finally, Citigroup lowered their price objective on shares of Walmart from $147.00 to $132.00 and set a “buy” rating for the company in a research report on Friday, August 21st. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $131.88.

Walmart Price Performance

Walmart stock opened at $106.05 on Wednesday. The stock has a 50-day moving average price of $110.51 and a two-hundred day moving average price of $119.22. Walmart Inc. has a 12 month low of $98.88 and a 12 month high of $135.15. The company has a market capitalization of $841.37 billion, a PE ratio of 38.29, a P/E/G ratio of 4.09 and a beta of 0.59. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.41.

Walmart (NASDAQ:WMT) last released its quarterly earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.07. Walmart had a return on equity of 21.83% and a net margin of 3.00%.The company had revenue of $187.94 billion for the quarter, compared to analysts’ expectations of $186.64 billion. During the same period in the previous year, the business posted $0.68 earnings per share. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Analysts expect that Walmart Inc. will post 2.87 EPS for the current year.

About Walmart

Walmart Inc is a multinational retail and technology company that operates supercenters, discount stores, neighborhood markets, e-commerce platforms and membership warehouse clubs. Its merchandise includes groceries, apparel, electronics, home goods, health and beauty products, general merchandise and other consumer products.

Founded by Sam Walton in 1962 and incorporated in 1969, Walmart is headquartered in Bentonville, Arkansas. The company serves customers through operations in the United States and international markets, including Mexico, Canada, China, India and several countries in Central America and Africa.