Walmart Inc. $WMT is QRG Capital Management Inc.’s 9th Largest Position

QRG Capital Management Inc. increased its position in Walmart Inc. (NYSE:WMT) by 5.0% during the second quarter, Holdings Channel.com reports. The institutional investor owned 1,613,823 shares of the retailer’s stock after purchasing an additional 77,184 shares during the period. Walmart accounts for 1.4% of QRG Capital Management Inc.’s investment portfolio, making the stock its 9th largest holding. QRG Capital Management Inc.’s holdings in Walmart were worth $157,800,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in WMT. Operose Advisors LLC lifted its position in Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after purchasing an additional 243 shares during the last quarter. PFS Partners LLC increased its holdings in shares of Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after buying an additional 233 shares during the last quarter. Ridgewood Investments LLC raised its position in shares of Walmart by 55.3% during the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after buying an additional 115 shares in the last quarter. Bear Mountain Capital Inc. lifted its holdings in shares of Walmart by 98.2% in the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock valued at $32,000 after acquiring an additional 167 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd grew its position in Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after acquiring an additional 294 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Stock Performance

Shares of Walmart stock opened at $102.15 on Friday. Walmart Inc. has a 12 month low of $78.98 and a 12 month high of $106.11. The stock’s fifty day moving average price is $100.77 and its 200-day moving average price is $96.68. The firm has a market cap of $814.46 billion, a P/E ratio of 38.40, a P/E/G ratio of 4.81 and a beta of 0.67. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT) last posted its earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $169.34 billion for the quarter, compared to analysts’ expectations of $174.02 billion. During the same period last year, the business posted $0.67 EPS. The company’s revenue for the quarter was up 4.8% on a year-over-year basis. 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 expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Activity at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $103.74, for a total transaction of $1,361,587.50. Following the completion of the sale, the executive vice president directly owned 906,064 shares in the company, valued at $93,995,079.36. This represents a 1.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction dated 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 directly owned 1,048,455 shares in the company, valued at approximately $108,861,082.65. The trade was a 0.38% 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 over the last 90 days. Insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on WMT shares. Royal Bank Of Canada restated an “outperform” rating and set a $106.00 price objective on shares of Walmart in a research report on Friday, August 22nd. Erste Group Bank raised shares of Walmart from a “hold” rating to a “buy” rating in a research report on Tuesday, August 5th. KeyCorp boosted their target price on Walmart from $105.00 to $110.00 and gave the company an “overweight” rating in a research report on Monday, June 9th. Bank of America raised their price target on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, September 17th. Finally, Oppenheimer upped their price objective on Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a research report on Wednesday, August 13th. Thirty equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average 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.