Arvest Investments Inc. Has $4.62 Million Stock Holdings in Walmart Inc. $WMT

Arvest Investments Inc. increased its position in shares of Walmart Inc. (NYSE:WMT) by 3.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,213 shares of the retailer’s stock after buying an additional 1,757 shares during the quarter. Arvest Investments Inc.’s holdings in Walmart were worth $4,617,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in 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 buying an additional 3,224,154 shares in the last quarter. Goldman Sachs Group Inc. boosted 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 in the last quarter. Ameriprise Financial Inc. boosted its holdings in Walmart by 1.3% during the first quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer’s stock valued at $2,710,665,000 after purchasing an additional 387,424 shares in the last quarter. Invesco Ltd. boosted its holdings in Walmart by 2.9% during the first quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer’s stock valued at $2,562,427,000 after purchasing an additional 823,020 shares in the last quarter. Finally, Nuveen LLC acquired a new stake in Walmart during the first quarter valued at approximately $2,532,331,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $98.55, for a total value of $1,293,468.75. Following the completion of the sale, the executive vice president directly owned 919,189 shares in the company, valued at $90,586,075.95. This trade represents a 1.41% 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 the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $100.96, for a total value of $403,840.00. Following the sale, the executive vice president directly owned 1,052,455 shares of the company’s stock, valued at $106,255,856.80. This represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 121,382 shares of company stock worth $11,718,441. 0.10% of the stock is currently owned by company insiders.

Walmart Stock Up 0.8%

Shares of NYSE:WMT opened at $103.48 on Friday. Walmart Inc. has a 12 month low of $77.49 and a 12 month high of $105.30. The firm has a market cap of $825.03 billion, a P/E ratio of 38.90, a P/E/G ratio of 4.93 and a beta of 0.65. 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’s 50-day moving average price is $98.71 and its two-hundred day moving average price is $95.40.

Walmart (NYSE:WMT) last announced its earnings results 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 company had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.Walmart’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $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. As a group, research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on WMT shares. Guggenheim reaffirmed a “buy” rating and set a $115.00 price objective (up from $112.00) on shares of Walmart in a report on Monday, August 18th. The Goldman Sachs Group lifted their price objective on Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a report on Friday, August 22nd. 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. Telsey Advisory Group lifted their price objective on Walmart from $115.00 to $118.00 and gave the company an “outperform” rating in a report on Friday, August 22nd. Finally, Evercore ISI reaffirmed an “outperform” rating and set a $110.00 price objective (up from $108.00) on shares of Walmart in a report on Monday, August 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Walmart presently has an average rating of “Buy” and a consensus price target of $110.76.

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.