HB Wealth Management LLC Grows Stock Holdings in Walmart Inc. $WMT

HB Wealth Management LLC lifted its holdings in Walmart Inc. (NASDAQ:WMT) by 8.8% during the third quarter, Holdings Channel reports. The fund owned 417,593 shares of the retailer’s stock after buying an additional 33,889 shares during the quarter. HB Wealth Management LLC’s holdings in Walmart were worth $43,037,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Access Investment Management LLC acquired a new position in shares of Walmart in the 2nd quarter valued at about $26,000. PFS Partners LLC lifted its holdings in Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after acquiring an additional 233 shares during the period. Ridgewood Investments LLC boosted its position in Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after purchasing an additional 115 shares in the last quarter. Livelsberger Financial Advisory acquired a new stake in shares of Walmart during the 2nd quarter worth approximately $44,000. Finally, Harbor Asset Planning Inc. purchased a new position in shares of Walmart during the 2nd quarter valued at approximately $46,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently commented on WMT. Robert W. Baird raised their price target on shares of Walmart from $110.00 to $121.00 and gave the company an “outperform” rating in a research report on Friday, November 21st. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $123.00 price objective on shares of Walmart in a report on Tuesday, December 9th. Mizuho set a $125.00 target price on shares of Walmart and gave the company an “outperform” rating in a research report on Monday. BTIG Research restated a “buy” rating and set a $125.00 price target (up previously from $120.00) on shares of Walmart in a research report on Friday, November 21st. Finally, BMO Capital Markets lifted their price objective on Walmart from $110.00 to $125.00 and gave the stock an “outperform” rating in a report on Friday, November 21st. Thirty-two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Walmart currently has a consensus rating of “Moderate Buy” and an average price target of $122.14.

Walmart Stock Performance

Shares of WMT stock opened at $112.72 on Thursday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.24 and a current ratio of 0.80. The firm has a market cap of $898.40 billion, a P/E ratio of 39.41, a P/E/G ratio of 5.28 and a beta of 0.66. The firm’s 50 day moving average price is $109.25 and its 200-day moving average price is $103.54. Walmart Inc. has a one year low of $79.81 and a one year high of $117.45.

Walmart (NASDAQ:WMT) last announced its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The company had revenue of $179.50 billion for the quarter, compared to analyst estimates of $175.15 billion. During the same quarter in the previous year, the company earned $0.58 earnings per share. The firm’s quarterly revenue was up 5.8% compared to the same quarter last year. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, equities research analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Insider Transactions at Walmart

In other Walmart news, SVP David Chojnowski sold 7,000 shares of Walmart stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $106.65, for a total value of $746,550.00. Following the completion of the transaction, the senior vice president directly owned 136,289 shares of the company’s stock, valued at $14,535,221.85. The trade was a 4.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction dated Friday, November 28th. The stock was sold at an average price of $109.57, for a total transaction of $2,127,411.12. Following the sale, the chief executive officer directly owned 4,334,747 shares in the company, valued at $474,958,228.79. This represents a 0.45% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 125,628 shares of company stock valued at $13,690,065. Insiders own 0.10% of the company’s stock.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Wells Fargo raised its price target on WMT to $130 (from $120) and kept an Overweight rating, citing opportunity despite a mixed sector outlook — a direct bullish catalyst for investor sentiment. Wells Fargo Sees Opportunity at Walmart (WMT) Despite Uneven Sector Backdrop
• Positive Sentiment: Analyst write-ups highlight Walmart’s resilient grocery performance (low single-digit comps, fresh-led growth and Rollbacks driving traffic and share gains), supporting near-term sales stability and market-share upside. Walmart’s Grocery Stays Resilient: Is Value the Key Share Lever?
• Positive Sentiment: Several outlets argue the company’s narrative is shifting after Q3 and point to new growth drivers (omnichannel, retail media, and margin levers), reinforcing buy-and-hold cases and supporting longer-term upside. Why The Narrative Around Walmart (WMT) Is Shifting After Q3 And New Growth Drivers
• Positive Sentiment: Multiple analyst/market-note pieces (Zacks, MarketBeat) emphasize Walmart’s durable characteristics — steady growth, a long dividend streak and Wall Street optimism — which can support multiple expansion over time. Here’s Why Walmart (WMT) is a Strong Growth Stock
• Neutral Sentiment: Technical and valuation debates are mixed: some technical analysts see a bullish Elliott Wave toward ~$120, while valuation pieces ask whether recent multi-year gains leave WMT fairly priced — creating a tug-of-war between momentum traders and value-focused investors. Walmart stock eyes $120 as Elliott Wave signals final bullish leg Is Walmart (WMT) Fairly Priced After Strong Multi Year Share Price Gains
• Neutral Sentiment: Comparative and sector pieces (e.g., MAKSY vs WMT, and broader mega-cap roundups) provide context but are less likely to move WMT stock immediately; they mostly influence relative valuation discussions. MAKSY vs. WMT: Which Stock Is the Better Value Option?

About Walmart

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.