Linscomb Wealth Inc. Has $1.43 Million Stake in Walmart Inc. $WMT

Linscomb Wealth Inc. decreased its holdings in shares of Walmart Inc. (NYSE:WMT) by 17.4% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 14,599 shares of the retailer’s stock after selling 3,074 shares during the period. Linscomb Wealth Inc.’s holdings in Walmart were worth $1,427,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of WMT. Kingstone Capital Partners Texas LLC grew its position in shares of Walmart by 397,264.9% during the 2nd 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 during the period. Nuveen LLC acquired a new position in Walmart during the first quarter valued at approximately $2,532,331,000. Goldman Sachs Group Inc. grew its holdings in Walmart by 30.1% during the first 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. Wellington Management Group LLP grew its holdings in Walmart by 527.1% during the first quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock valued at $591,620,000 after purchasing an additional 5,664,484 shares during the period. Finally, Ontario Teachers Pension Plan Board grew its holdings in Walmart by 28,684.8% during 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 period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Down 1.0%

Walmart stock opened at $101.25 on Friday. The stock has a market capitalization of $807.23 billion, a PE ratio of 38.06, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $109.57. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The company has a 50 day moving average of $102.46 and a 200-day moving average of $99.11.

Walmart (NYSE:WMT) last released its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). The company 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 firm’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the company 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. On average, equities research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

WMT has been the subject of a number of analyst reports. Oppenheimer boosted their price objective on shares of Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a report on Wednesday, August 13th. Erste Group Bank upgraded shares of Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. Wolfe Research initiated coverage on shares of Walmart in a report on Thursday, September 18th. They set an “outperform” rating and a $129.00 price objective for the company. Truist Financial decreased their price objective on shares of Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a report on Friday, August 22nd. Finally, Mizuho restated an “outperform” rating and set a $115.00 price objective on shares of Walmart in a report on Wednesday, August 13th. Thirty-one research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $113.40.

Insider Activity at Walmart

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction 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 sale, the executive vice president 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CTO Suresh Kumar sold 30,000 shares of the business’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the completion of the sale, the chief technology officer directly owned 1,787,200 shares in the company, valued at approximately $184,921,584. This represents a 1.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 148,838 shares of company stock worth $15,309,020 over the last ninety days. 0.10% of the stock is owned by corporate insiders.

Walmart Company 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.