Kings Path Partners LLC Has $73,000 Position in Walmart Inc. $WMT

Kings Path Partners LLC raised its holdings in Walmart Inc. (NYSE:WMT) by 20.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 746 shares of the retailer’s stock after buying an additional 125 shares during the period. Kings Path Partners LLC’s holdings in Walmart were worth $73,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Operose Advisors LLC grew its stake in Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after buying an additional 243 shares during the last quarter. Bear Mountain Capital Inc. boosted its holdings in 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 purchasing an additional 167 shares during the period. Clal Insurance Enterprises Holdings Ltd boosted its holdings in Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock valued at $32,000 after purchasing an additional 294 shares during the period. EQ Wealth Advisors LLC bought a new stake in shares of Walmart during the 1st quarter worth approximately $35,000. Finally, Lipe & Dalton lifted its holdings in shares of Walmart by 95.2% during the 1st quarter. Lipe & Dalton now owns 410 shares of the retailer’s stock worth $36,000 after acquiring an additional 200 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Walmart news, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $98.30, for a total transaction of $216,260.00. Following the completion of the sale, the executive vice president directly owned 626,118 shares in the company, valued at $61,547,399.40. The trade was a 0.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction that occurred on Monday, July 21st. The shares were sold at an average price of $95.14, for a total transaction of $380,560.00. Following the sale, the executive vice president owned 1,056,455 shares of the company’s stock, valued at approximately $100,511,128.70. The trade was a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 121,382 shares of company stock worth $11,718,441 in the last three months. Insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

WMT has been the subject of several research reports. Evercore ISI reissued an “outperform” rating and issued a $110.00 price objective (up previously from $108.00) on shares of Walmart in a research note on Monday, August 18th. 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 research report on Friday, August 22nd. KeyCorp increased their price objective on shares of Walmart from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Monday, June 9th. Tigress Financial increased their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. Finally, Mizuho reissued an “outperform” rating and set a $115.00 target price on shares of Walmart in a research note on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $110.76.

Walmart Price Performance

WMT opened at $103.48 on Friday. The company has a market capitalization of $825.03 billion, a price-to-earnings ratio of 38.90, a PEG 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 firm has a 50-day moving average price of $98.71 and a 200-day moving average price of $95.40. Walmart Inc. has a twelve month low of $77.49 and a twelve month high of $105.30.

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

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.