CHB Investment Group LLC Buys New Position in Walmart Inc. $WMT

CHB Investment Group LLC bought a new stake in shares of Walmart Inc. (NYSE:WMT) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 38,383 shares of the retailer’s stock, valued at approximately $3,753,000. Walmart accounts for approximately 1.9% of CHB Investment Group LLC’s investment portfolio, making the stock its 19th biggest holding.

A number of other hedge funds also recently modified their holdings of the company. Bedel Financial Consulting Inc. lifted its position in shares of Walmart by 0.4% in the 1st quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer’s stock worth $2,275,000 after acquiring an additional 102 shares during the period. Scott & Selber Inc. lifted its position in shares of Walmart by 3.7% in the 1st quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer’s stock worth $256,000 after acquiring an additional 105 shares during the period. Capital Advisors Wealth Management LLC lifted its position in shares of Walmart by 1.4% in the 1st quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer’s stock worth $684,000 after acquiring an additional 105 shares during the period. Lauterbach Financial Advisors LLC lifted its position in shares of Walmart by 1.8% in the 1st quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer’s stock worth $517,000 after acquiring an additional 106 shares during the period. Finally, Baron Silver Stevens Financial Advisors LLC lifted its position in shares of Walmart by 1.4% in the 1st quarter. Baron Silver Stevens Financial Advisors LLC now owns 7,799 shares of the retailer’s stock worth $685,000 after acquiring an additional 106 shares during the period. Institutional investors own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

WMT has been the subject of a number of research reports. Telsey Advisory Group raised their price objective on Walmart from $115.00 to $118.00 and gave the stock an “outperform” rating in a research report on Friday, August 22nd. The Goldman Sachs Group increased their target price on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. Erste Group Bank raised Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. JPMorgan Chase & Co. dropped their target price on Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $106.00 target price on shares of Walmart in a report on Friday, August 22nd. Twenty-nine research 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, Walmart currently has a consensus rating of “Moderate Buy” and an average price target of $112.62.

Insider Activity

In other news, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction on Friday, September 19th. The stock was sold at an average price of $103.83, for a total value of $415,320.00. Following the completion of the sale, the executive vice president directly owned 1,048,455 shares of the company’s stock, valued at approximately $108,861,082.65. This trade represents a 0.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,610 shares of Walmart stock in a transaction on Monday, September 15th. The shares were sold at an average price of $103.71, for a total value of $166,973.10. Following the completion of the sale, the executive vice president directly owned 645,968 shares of the company’s stock, valued at $66,993,341.28. This trade represents a 0.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 151,232 shares of company stock worth $14,960,635. 0.10% of the stock is currently owned by insiders.

Walmart Trading Down 0.4%

WMT stock opened at $102.44 on Wednesday. The business has a fifty day moving average price of $99.68 and a 200 day moving average price of $95.77. Walmart Inc. has a fifty-two week low of $78.98 and a fifty-two week high of $106.11. The stock has a market capitalization of $816.76 billion, a price-to-earnings ratio of 38.51, a P/E/G ratio of 4.85 and a beta of 0.65. 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 (NYSE:WMT) last released its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $174.02 billion. During the same period in the prior year, the business earned $0.67 earnings per share. The company’s revenue for the quarter was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Analysts expect that Walmart Inc. will post 2.55 EPS 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.