Walmart Inc. $WMT Shares Bought by IMG Wealth Management Inc.

IMG Wealth Management Inc. grew its holdings in shares of Walmart Inc. (NYSE:WMT) by 19.3% during the second quarter, Holdings Channel.com reports. The firm owned 1,977 shares of the retailer’s stock after buying an additional 320 shares during the quarter. IMG Wealth Management Inc.’s holdings in Walmart were worth $193,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings 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 acquiring an additional 3,224,154 shares during the period. Kingstone Capital Partners Texas LLC grew its holdings in 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 acquiring an additional 104,488,610 shares during the period. 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 worth $2,922,770,000 after acquiring an additional 7,706,201 shares during the period. Ameriprise Financial Inc. grew 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 worth $2,710,665,000 after acquiring an additional 387,424 shares during the period. Finally, Invesco Ltd. grew its holdings in Walmart by 2.9% during the first quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer’s stock worth $2,562,427,000 after acquiring an additional 823,020 shares during the period. 26.76% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Erste Group Bank raised Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. DA Davidson set a $117.00 price target on Walmart in a research note on Wednesday, October 15th. Telsey Advisory Group reissued an “outperform” rating and issued a $118.00 price target on shares of Walmart in a research note on Wednesday, September 24th. BTIG Research began coverage on Walmart in a research note on Tuesday, October 14th. They issued a “buy” rating and a $120.00 price target on the stock. Finally, The Goldman Sachs Group lifted their price target on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research note on Friday, August 22nd. Thirty-one equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and a consensus price target of $112.63.

Insider Activity at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction dated Thursday, July 24th. The stock was sold at an average price of $95.58, for a total transaction of $1,855,781.28. Following the transaction, the chief executive officer owned 4,412,398 shares of the company’s stock, valued at $421,737,000.84. The trade was a 0.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $97.37, for a total value of $214,214.00. Following the transaction, the executive vice president directly owned 623,918 shares in the company, valued at approximately $60,750,895.66. This trade represents a 0.35% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 147,038 shares of company stock worth $14,869,054. Company insiders own 0.10% of the company’s stock.

Walmart Trading Down 0.6%

NYSE:WMT opened at $107.06 on Tuesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $109.57. The stock’s 50-day moving average is $101.75 and its two-hundred day moving average is $98.16. The stock has a market cap of $853.60 billion, a PE ratio of 40.25, a price-to-earnings-growth ratio of 5.08 and a beta of 0.67.

Walmart (NYSE:WMT) last released its 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). 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 firm earned $0.67 EPS. The company’s revenue was up 4.8% compared to the same quarter last year. 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, equities research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal 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.