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

Hardy Reed LLC increased its position in shares of Walmart Inc. (NYSE:WMT) by 2.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,877 shares of the retailer’s stock after acquiring an additional 248 shares during the quarter. Hardy Reed LLC’s holdings in Walmart were worth $1,259,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of WMT. Weatherly Asset Management L. P. increased its position in Walmart by 7.0% during the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock valued at $5,489,000 after buying an additional 3,696 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management grew its stake in shares of Walmart by 34.6% during the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock worth $3,355,000 after acquiring an additional 9,831 shares during the last quarter. Ally Financial Inc. purchased a new stake in shares of Walmart during the first quarter worth about $2,107,000. Night Squared LP acquired a new position in shares of Walmart during the first quarter valued at about $1,052,000. Finally, Monument Capital Management raised its position in shares of Walmart by 94.2% in the 1st quarter. Monument Capital Management now owns 55,004 shares of the retailer’s stock valued at $4,829,000 after purchasing an additional 26,685 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

Shares of WMT opened at $103.12 on Wednesday. The business’s 50-day moving average is $100.97 and its two-hundred day moving average is $96.92. The company has a market capitalization of $822.14 billion, a P/E ratio of 38.77, a P/E/G ratio of 4.84 and a beta of 0.67. Walmart Inc. has a fifty-two week low of $79.07 and a fifty-two week high of $106.11. 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 issued its 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 company had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $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. Research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Buying and Selling at Walmart

In other news, EVP John D. Rainey sold 2,200 shares of the stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total transaction of $222,926.00. Following the sale, the executive vice president directly owned 621,718 shares of the company’s stock, valued at $62,998,684.94. This represents a 0.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $103.74, for a total value of $1,361,587.50. Following the sale, the executive vice president owned 906,064 shares in the company, valued at $93,995,079.36. This trade represents a 1.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 151,232 shares of company stock worth $15,083,877. 0.10% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

WMT has been the topic of several research analyst reports. JPMorgan Chase & Co. dropped their target price on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a report on Saturday, September 27th. Oppenheimer upped their target price on Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a research report on Wednesday, August 13th. Wolfe Research initiated coverage on Walmart in a research report on Thursday, September 18th. They set an “outperform” rating and a $129.00 price target for the company. Finally, Erste Group Bank raised Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. Thirty research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Walmart presently has a consensus rating of “Moderate Buy” and a consensus target price of $112.38.

Walmart Company 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.