Kelman Lazarov Inc. Takes Stake in Walmart Amid Mixed Analyst Views

Kelman Lazarov Inc., a hedge fund, has acquired a new position in Walmart Inc. (NASDAQ:WMT) by purchasing 12,484 shares of the retailer's stock in the second quarter.

The shares are valued at approximately $1,414,000 and comprise about 0.2% of Kelman Lazarov Inc.'s portfolio, making it its 28th biggest position.

This is not an isolated move as several other hedge funds have also modified their holdings in Walmart. Norges Bank purchased a new stake in shares of Walmart in the fourth quarter valued at approximately $6,458,529,000.

Additionally, analysts are mixed on Walmart's performance after its latest earnings report. While some see it as a buying opportunity due to its post-earnings drop, others are concerned about its elevated valuation and higher energy costs.