Laffer Tengler Investments Inc. Reduces Holdings in Walmart Inc. $WMT

Laffer Tengler Investments Inc. lessened its stake in Walmart Inc. (NYSE:WMT) by 12.7% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 143,038 shares of the retailer’s stock after selling 20,771 shares during the period. Walmart comprises about 2.5% of Laffer Tengler Investments Inc.’s holdings, making the stock its 7th biggest position. Laffer Tengler Investments Inc.’s holdings in Walmart were worth $13,986,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of WMT. Vanguard Group Inc. boosted its position in shares of Walmart by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer’s stock valued at $37,395,120,000 after acquiring an additional 3,224,154 shares in the last quarter. Kingstone Capital Partners Texas LLC increased 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. Goldman Sachs Group Inc. grew 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. Ameriprise Financial Inc. raised its position in Walmart by 1.3% in the 1st 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 during the last quarter. Finally, Invesco Ltd. boosted its stake in Walmart by 2.9% in the first quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer’s stock worth $2,562,427,000 after purchasing an additional 823,020 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Wolfe Research began coverage on shares of Walmart in a research report on Thursday, September 18th. They set an “outperform” rating and a $129.00 price target on the stock. JPMorgan Chase & Co. decreased their price objective on Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. DA Davidson set a $117.00 target price on Walmart in a research report on Wednesday, October 15th. Bank of America upped their price target on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. Finally, Mizuho reiterated an “outperform” rating and issued a $115.00 price target on shares of Walmart in a report on Wednesday, August 13th. Thirty-one equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $113.40.

Walmart Price Performance

Shares of WMT opened at $102.60 on Monday. The stock has a market cap of $818.01 billion, a P/E ratio of 38.57, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $109.57. The stock’s 50-day moving average price is $103.02 and its two-hundred day moving average price is $99.49. 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 announced its quarterly 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). The company had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business’s revenue was up 4.8% compared to the same quarter last year. During the same period last year, the company 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. On average, equities analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Transactions at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction on Thursday, October 23rd. The shares were sold at an average price of $107.18, for a total value of $2,081,006.88. Following the completion of the sale, the chief executive officer owned 4,354,162 shares in the company, valued at $466,679,083.16. This represents a 0.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP John D. Rainey sold 2,200 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $101.18, for a total value of $222,596.00. Following the sale, the executive vice president directly owned 619,518 shares in the company, valued at $62,682,831.24. The trade was a 0.35% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 151,038 shares of company stock valued at $15,531,616. Corporate insiders own 0.10% of the company’s stock.

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.