L. Roy Papp & Associates LLP Has $1.65 Million Holdings in Walmart Inc. $WMT

L. Roy Papp & Associates LLP trimmed its stake in shares of Walmart Inc. (NYSE:WMT) by 1.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,826 shares of the retailer’s stock after selling 200 shares during the period. L. Roy Papp & Associates LLP’s holdings in Walmart were worth $1,645,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC grew its holdings 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 buying an additional 104,488,610 shares in the last quarter. Nuveen LLC acquired a new position in Walmart during the 1st quarter worth approximately $2,532,331,000. Goldman Sachs Group Inc. boosted 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 acquiring an additional 7,706,201 shares during the last quarter. Wellington Management Group LLP grew its stake in shares of Walmart by 527.1% during the 1st quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock worth $591,620,000 after acquiring an additional 5,664,484 shares in the last quarter. Finally, Ontario Teachers Pension Plan Board raised its holdings in shares of Walmart by 28,684.8% in the first quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock valued at $371,295,000 after purchasing an additional 4,214,661 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

Insider Activity at Walmart

In other news, CTO Suresh Kumar sold 30,000 shares of the stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $103.47, for a total value of $3,104,100.00. Following the transaction, the chief technology officer directly owned 1,787,200 shares of the company’s stock, valued at $184,921,584. This represents a 1.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction dated Thursday, July 17th. The stock was sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the sale, the executive vice president owned 932,313 shares of the company’s stock, valued at approximately $88,700,258.82. This represents a 1.39% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 151,232 shares of company stock valued at $15,083,877 in the last ninety days. Company insiders own 0.10% of the company’s stock.

Walmart Trading Up 0.1%

Walmart stock opened at $101.86 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 stock has a 50-day simple moving average of $101.22 and a 200 day simple moving average of $97.18. The stock has a market capitalization of $812.10 billion, a P/E ratio of 38.29, a PEG ratio of 4.80 and a beta of 0.67. Walmart Inc. has a 52 week low of $79.37 and a 52 week high of $106.11.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) 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 analyst estimates 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% on a year-over-year basis. 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. Analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Erste Group Bank raised shares of Walmart from a “hold” rating to a “buy” rating in a research report on Tuesday, August 5th. Sanford C. Bernstein set a $117.00 price objective on Walmart and gave the company an “outperform” rating in a report on Friday, August 22nd. The Goldman Sachs Group lifted their target price on Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research report on Friday, August 22nd. Telsey Advisory Group reissued an “outperform” rating and set a $118.00 price target on shares of Walmart in a research report on Wednesday, September 24th. Finally, Tigress Financial boosted their price target on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, September 3rd. Thirty analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $112.38.

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.