47,213 Shares in Walmart Inc. $WMT Bought by Kentucky Farm Bureau Mutual Insurance Co

Kentucky Farm Bureau Mutual Insurance Co purchased a new stake in Walmart Inc. (NASDAQ:WMT) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 47,213 shares of the retailer’s stock, valued at approximately $5,347,000. Walmart comprises approximately 1.5% of Kentucky Farm Bureau Mutual Insurance Co’s investment portfolio, making the stock its 14th biggest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Merkkuri Wealth Advisors LLC acquired a new position in Walmart in the first quarter valued at approximately $29,000. Entrust Financial LLC purchased a new position in Walmart during the fourth quarter valued at $27,000. Bay Harbor Wealth Management LLC boosted its holdings in Walmart by 57.4% in the 4th quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock worth $32,000 after buying an additional 105 shares during the last quarter. Sankala Group LLC acquired a new stake in shares of Walmart in the fourth quarter worth approximately $33,000. Finally, Turim 21 Investimentos Ltda. acquired a new stake in Walmart during the 1st quarter worth $37,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart reported adjusted earnings of $0.81 per share and revenue of $187.94 billion, beating consensus estimates of $0.74 and $186.62 billion, respectively. Revenue increased 5.9% year over year. Walmart earnings report
• Positive Sentiment: Growth businesses remain strong: global e-commerce sales rose 23%, advertising revenue increased 38%, and global membership revenue grew 17%. These trends support the long-term investment case despite slower core-store growth. Walmart second-quarter highlights
• Positive Sentiment: Walmart plans to use approximately $2.9 billion in tariff refunds to help lower prices, potentially strengthening its value proposition as consumers become more budget-conscious. The rollout of tap-to-pay, including Apple Pay and Google Pay, may also improve checkout convenience. Walmart tap to pay rollout
• Neutral Sentiment: Several analysts retained bullish ratings—including buy, outperform, and overweight—but lowered price targets after the earnings release. New targets range from $120 to $140, indicating analysts still see meaningful upside but have moderated their expectations.
• Negative Sentiment: U.S. comparable sales grew 2.6%, below expectations near 3.5%, marking Walmart’s weakest domestic comparable-sales growth in more than six years. Analysts cited weakness in health and wellness and questioned the trajectory of the core U.S. business.
• Negative Sentiment: Third-quarter guidance fell short of consensus: Walmart projected adjusted EPS of $0.62–$0.64 versus $0.68 expected and revenue of $183.1–$184.5 billion versus $188.2 billion expected. The timing of Flipkart’s promotional event is also expected to reduce quarterly sales growth by more than 100 basis points.
• Negative Sentiment: The stock’s elevated valuation increases sensitivity to any slowdown, while higher energy costs and consumer trade-offs are raising broader concerns about the health of U.S. retail spending.

Insider Transactions at Walmart

In other Walmart news, EVP Latriece Watkins sold 11,000 shares of the company’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $118.97, for a total value of $1,308,670.00. Following the sale, the executive vice president owned 120,203 shares of the company’s stock, valued at approximately $14,300,550.91. This represents a 8.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Daniel J. Bartlett sold 3,710 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $113.10, for a total transaction of $419,601.00. Following the transaction, the executive vice president directly owned 626,299 shares of the company’s stock, valued at approximately $70,834,416.90. This trade represents a 0.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 57,064 shares of company stock valued at $6,697,788. 0.09% of the stock is owned by company insiders.

Walmart Price Performance

Shares of NASDAQ:WMT opened at $103.70 on Monday. The firm has a 50 day simple moving average of $113.35 and a 200-day simple moving average of $121.24. The company has a market capitalization of $825.25 billion, a PE ratio of 37.44, a P/E/G ratio of 3.91 and a beta of 0.61. Walmart Inc. has a twelve month low of $95.42 and a twelve month high of $135.15. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.41.

Walmart (NASDAQ:WMT) last announced its earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.07. The business had revenue of $187.94 billion for the quarter, compared to analyst estimates of $186.64 billion. Walmart had a net margin of 3.00% and a return on equity of 21.83%. The company’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period last year, the firm posted $0.68 earnings per share. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. On average, equities analysts predict that Walmart Inc. will post 2.86 EPS for the current fiscal year.

Analysts Set New Price Targets

WMT has been the subject of several recent research reports. Robert W. Baird cut their price target on Walmart from $140.00 to $120.00 and set an “outperform” rating for the company in a report on Friday. Citigroup dropped their price target on shares of Walmart from $147.00 to $132.00 and set a “buy” rating for the company in a research report on Friday. Guggenheim set a $130.00 price target on shares of Walmart and gave the company a “buy” rating in a research note on Friday. BTIG Research decreased their price target on Walmart from $145.00 to $140.00 and set a “buy” rating on the stock in a research note on Friday. Finally, BMO Capital Markets restated an “outperform” rating and issued a $126.00 price objective on shares of Walmart in a report on Friday. Two analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Walmart has an average rating of “Moderate Buy” and an average target price of $131.88.

About Walmart

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.