HB Wealth Management LLC Has $47.56 Million Stock Position in Walmart Inc. $WMT

Key Points

• HB Wealth Management LLC raised its stake in Walmart by 2.2% in Q4 to 426,903 shares, valued at approximately $47.56 million per its latest 13F filing.
• Walmart beat Q4 estimates (EPS $0.74 vs. $0.73; revenue $190.66B vs. $188.37B), set FY2027 guidance of 2.75–2.85 EPS, and carries a consensus "Buy" rating with a $137.79 price target.
• Company insiders sold a total of 243,960 shares (≈$30.3M) over the past three months, with several transactions executed under pre‑arranged Rule 10b5‑1 plans.

HB Wealth Management LLC lifted its stake in Walmart Inc. (NASDAQ:WMT - Free Report) by 2.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 426,903 shares of the retailer's stock after acquiring an additional 9,310 shares during the quarter. HB Wealth Management LLC's holdings in Walmart were worth $47,561,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Capstone Wealth Management LLC increased its position in shares of Walmart by 1.8% in the fourth quarter. Capstone Wealth Management LLC now owns 4,955 shares of the retailer's stock valued at $552,000 after acquiring an additional 89 shares during the last quarter. Matrix Trust Co increased its position in shares of Walmart by 20.0% in the fourth quarter. Matrix Trust Co now owns 547 shares of the retailer's stock valued at $61,000 after acquiring an additional 91 shares during the last quarter. HRC Wealth Management LLC increased its position in shares of Walmart by 4.4% in the fourth quarter. HRC Wealth Management LLC now owns 2,209 shares of the retailer's stock valued at $246,000 after acquiring an additional 94 shares during the last quarter. Hunter Associates Investment Management LLC increased its position in shares of Walmart by 0.9% in the fourth quarter. Hunter Associates Investment Management LLC now owns 11,449 shares of the retailer's stock valued at $1,274,000 after acquiring an additional 97 shares during the last quarter. Finally, Hemington Wealth Management increased its position in shares of Walmart by 1.8% in the third quarter. Hemington Wealth Management now owns 5,695 shares of the retailer's stock valued at $586,000 after acquiring an additional 99 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Walmart Stock Performance

NASDAQ:WMT opened at $132.03 on Friday. The stock has a market cap of $1.05 trillion, a P/E ratio of 48.19, a PEG ratio of 4.84 and a beta of 0.66. The stock has a 50 day simple moving average of $125.67 and a 200 day simple moving average of $116.64. The company has a current ratio of 0.79, a quick ratio of 0.24 and a debt-to-equity ratio of 0.38. Walmart Inc. has a 1-year low of $91.89 and a 1-year high of $134.69.

Walmart (NASDAQ:WMT - Get Free Report) last released its quarterly earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.01. The business had revenue of $190.66 billion during the quarter, compared to the consensus estimate of $188.37 billion. Walmart had a return on equity of 21.44% and a net margin of 3.07%.The firm's quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.66 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. Research analysts anticipate that Walmart Inc. will post 2.89 earnings per share for the current year.

Walmart Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, January 4th. Investors of record on Friday, December 11th will be paid a $0.2475 dividend. The ex-dividend date is Friday, December 11th. This represents a $0.99 annualized dividend and a yield of 0.7%. Walmart's payout ratio is 36.13%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on WMT. Telsey Advisory Group boosted their price target on Walmart from $135.00 to $140.00 and gave the stock an "outperform" rating in a research report on Friday, February 20th. Jefferies Financial Group set a $145.00 price target on Walmart in a research report on Friday, February 20th. Piper Sandler reissued an "overweight" rating on shares of Walmart in a research report on Tuesday, February 24th. Raymond James Financial reissued an "outperform" rating and set a $135.00 price target on shares of Walmart in a research report on Friday, March 6th. Finally, Deutsche Bank Aktiengesellschaft set a $120.00 price target on Walmart in a research report on Friday, February 20th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Walmart has a consensus rating of "Buy" and a consensus price target of $137.79.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart filed its 2026 Annual Report and proxy; CEO John Furner’s first shareholder letter emphasizes confidence in the business model and investments in associates and AI-powered solutions — signals management is prioritizing productivity and tech-driven growth. Walmart Releases 2026 Annual Report and Proxy Statement
• Positive Sentiment: Morgan Stanley raised its price target to $140 and kept an “overweight” rating, offering fresh analyst validation and upside versus current levels — a direct catalyst for buy-side flows. Morgan Stanley raises price target
• Positive Sentiment: Walmart launched “Upstream Facility Services,” expanding into maintenance services for businesses — a diversification move that creates higher-margin, recurring B2B revenue beyond core retail. Walmart Inc. (WMT) Diversifies Beyond Retail Into Maintenance Services
• Positive Sentiment: Sam’s Club introduced a one-hour express delivery option for members, tightening competition with Costco and improving value for members — an operational win that can drive higher same-club sales and membership retention. Walmart's warehouse club ups the pressure on Costco
• Positive Sentiment: Consensus analyst rating sits at “Buy,” reflecting broad sell‑side confidence which supports demand for the shares. Walmart Given Consensus Rating of "Buy"
• Neutral Sentiment: Coverage pieces highlight Walmart’s strategic push into the “decision layer” (competing with Amazon on AI-driven choice architecture) — underscores longer-term tech competition but is not an immediate earnings swing. Amazon and Walmart Race to Capture Retail's Decision Layer First
• Neutral Sentiment: Partnerships like the Back to the Roots retail program are PR/CSR positives that help merchandising and sustainability narratives but have limited near-term revenue impact. Back to the Roots Scales Regenerative Movement Nationwide
• Negative Sentiment: Industry commentary noting Visa’s faster market‑cap growth versus Walmart highlights relative-growth concerns and investor preference for payments/tech growth stories over traditional retail — a competitive narrative that can cap valuation multiples. One Year Later: We Predicted Visa Would Overtake Walmart

Insiders Place Their Bets

In related news, EVP Daniel J. Bartlett sold 1,335 shares of the business's stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $124.63, for a total value of $166,381.05. Following the completion of the sale, the executive vice president directly owned 636,843 shares in the company, valued at $79,369,743.09. The trade was a 0.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher James Nicholas sold 2,900 shares of the business's stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $124.72, for a total value of $361,688.00. Following the completion of the sale, the executive vice president owned 596,008 shares of the company's stock, valued at $74,334,117.76. This trade represents a 0.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 243,960 shares of company stock worth $30,284,661 over the last three months. 0.10% of the stock is currently owned by corporate insiders.

Walmart Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.