HB Wealth Management LLC Has $37.52 Million Stock Holdings in Walmart Inc. $WMT

Key Points

• HB Wealth Management LLC reduced its stake in Walmart Inc. by 0.9% during the second quarter, holding approximately $37.52 million in stock at the end of the reporting period.
• Walmart recently reported earnings of $0.68 EPS for the last quarter, missing estimates and generating $169.34 billion in revenue, compared to expectations of $174.02 billion.
• Insiders at Walmart have sold a total of 149,032 shares worth about $14.86 million in the last ninety days, indicating potential shifts in internal confidence.

HB Wealth Management LLC cut its position in Walmart Inc. (NYSE:WMT - Free Report) by 0.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 383,704 shares of the retailer's stock after selling 3,556 shares during the period. HB Wealth Management LLC's holdings in Walmart were worth $37,519,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of WMT. Operose Advisors LLC raised its holdings in Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after purchasing an additional 243 shares during the period. PFS Partners LLC increased its position in shares of Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer's stock worth $31,000 after acquiring an additional 233 shares in the last quarter. Bear Mountain Capital Inc. increased its position in shares of Walmart by 98.2% during the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after acquiring an additional 167 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd increased its position in shares of Walmart by 432.4% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock worth $32,000 after acquiring an additional 294 shares in the last quarter. Finally, Ridgewood Investments LLC increased its position in shares of Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock worth $32,000 after acquiring an additional 115 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Walmart

In other Walmart news, EVP Daniel J. Bartlett sold 1,610 shares of the business's stock in a transaction on Monday, September 15th. The shares were sold at an average price of $103.71, for a total transaction of $166,973.10. Following the completion of the sale, the executive vice president owned 645,968 shares in the company, valued at approximately $66,993,341.28. The trade was a 0.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the company's stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $103.74, for a total transaction of $1,361,587.50. Following the completion of the sale, the executive vice president owned 906,064 shares of the company's stock, valued at approximately $93,995,079.36. The trade was a 1.43% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 149,032 shares of company stock worth $14,860,951 in the last ninety days. 0.10% of the stock is currently owned by corporate insiders.

Walmart Stock Performance

Shares of WMT stock opened at $103.07 on Wednesday. The firm has a market capitalization of $821.76 billion, a PE ratio of 38.75, a price-to-earnings-growth ratio of 4.86 and a beta of 0.65. The firm has a fifty day simple moving average of $100.45 and a two-hundred day simple moving average of $96.36. 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 Inc. has a 12 month low of $78.98 and a 12 month high of $106.11.

Walmart (NYSE:WMT - Get Free Report) 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 business had revenue of $169.34 billion for 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 for the quarter was up 4.8% compared to the same quarter last year. During the same quarter last 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. Analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on WMT shares. Evercore ISI reissued an "outperform" rating and set a $110.00 price objective (up previously from $108.00) on shares of Walmart in a research report on Monday, August 18th. Erste Group Bank raised shares of Walmart from a "hold" rating to a "buy" rating in a research report on Tuesday, August 5th. Wolfe Research started coverage on shares of Walmart in a research report on Thursday, September 18th. They set an "outperform" rating and a $129.00 price objective for the company. Bank of America increased their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research report on Wednesday, September 17th. Finally, Oppenheimer raised their target price on shares of Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research report on Wednesday, August 13th. Twenty-nine analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $112.38.

Walmart 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.

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