Hardy Reed LLC Purchases 248 Shares of Walmart Inc. $WMT

Hardy Reed LLC increased its holdings in Walmart Inc. (NYSE:WMT) by 2.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,877 shares of the retailer’s stock after purchasing an additional 248 shares during the period. Hardy Reed LLC’s holdings in Walmart were worth $1,259,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. grew its position in Walmart by 0.8% in the first quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer’s stock worth $37,395,120,000 after acquiring an additional 3,224,154 shares in the last quarter. Kingstone Capital Partners Texas LLC boosted its holdings in shares of Walmart by 397,264.9% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock worth $10,496,702,000 after purchasing an additional 104,488,610 shares during the period. Goldman Sachs Group Inc. increased its position in shares of Walmart by 30.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock valued at $2,922,770,000 after purchasing an additional 7,706,201 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in Walmart by 1.3% during the 1st quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer’s stock valued at $2,710,665,000 after buying an additional 387,424 shares during the period. Finally, Invesco Ltd. lifted its position in Walmart by 2.9% in the first quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer’s stock worth $2,562,427,000 after buying an additional 823,020 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Stock Up 0.4%

Shares of NYSE WMT opened at $103.12 on Wednesday. Walmart Inc. has a 52-week low of $79.07 and a 52-week high of $106.11. The firm has a market capitalization of $822.14 billion, a price-to-earnings ratio of 38.77, a PEG ratio of 4.84 and a beta of 0.67. The stock has a 50 day moving average price of $100.97 and a 200 day moving average price of $96.92. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm had revenue of $169.34 billion for the quarter, compared to analysts’ expectations of $174.02 billion. During the same quarter in the previous year, the business earned $0.67 earnings per share. The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Sell-side analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on WMT shares. Sanford C. Bernstein set a $117.00 target price on shares of Walmart and gave the company an “outperform” rating in a research note on Friday, August 22nd. The Goldman Sachs Group increased their price objective on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. Evercore ISI reissued an “outperform” rating and issued a $110.00 price objective (up previously from $108.00) on shares of Walmart in a research note on Monday, August 18th. Wolfe Research assumed coverage on Walmart in a research note on Thursday, September 18th. They set an “outperform” rating and a $129.00 target price on the stock. Finally, JPMorgan Chase & Co. decreased their price target on Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. Thirty analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Walmart currently has an average rating of “Moderate Buy” and a consensus price target of $112.38.

Insider Buying and Selling

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $103.83, for a total value of $415,320.00. Following the completion of the transaction, the executive vice president owned 1,048,455 shares of the company’s stock, valued at $108,861,082.65. The trade was a 0.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP John D. Rainey sold 2,200 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total value of $222,926.00. Following the sale, the executive vice president owned 621,718 shares of the company’s stock, valued at approximately $62,998,684.94. This represents a 0.35% decrease in their position. The disclosure for this sale can be found here. Insiders sold 151,232 shares of company stock valued at $15,083,877 over the last quarter. 0.10% of the stock is owned by company insiders.

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.