Hobart Private Capital LLC Purchases 1,273 Shares of Walmart Inc. $WMT

Hobart Private Capital LLC boosted its stake in Walmart Inc. (NYSE:WMT) by 19.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,884 shares of the retailer’s stock after acquiring an additional 1,273 shares during the quarter. Hobart Private Capital LLC’s holdings in Walmart were worth $771,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in WMT. Brighton Jones LLC lifted its position in Walmart by 28.8% in the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after acquiring an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in Walmart by 5.8% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after buying an additional 485 shares during the last quarter. Mainstream Capital Management LLC increased its stake in Walmart by 13.6% in the 1st quarter. Mainstream Capital Management LLC now owns 12,345 shares of the retailer’s stock valued at $1,084,000 after buying an additional 1,474 shares during the last quarter. GAMMA Investing LLC increased its stake in Walmart by 13.9% in the 1st quarter. GAMMA Investing LLC now owns 90,440 shares of the retailer’s stock valued at $7,940,000 after buying an additional 11,018 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV increased its stake in Walmart by 10.6% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 7,582 shares of the retailer’s stock valued at $666,000 after buying an additional 725 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on WMT. Oppenheimer lifted their price target on shares of Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a research note on Wednesday, August 13th. Mizuho reiterated an “outperform” rating and issued a $115.00 price target on shares of Walmart in a research note on Wednesday, August 13th. Royal Bank Of Canada restated an “outperform” rating and set a $106.00 price objective on shares of Walmart in a research note on Friday, August 22nd. JPMorgan Chase & Co. lowered their price objective on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. Finally, Wolfe Research assumed coverage on shares of Walmart in a research note on Thursday, September 18th. They set an “outperform” rating and a $129.00 price objective on the stock. Thirty-one equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $113.07.

Insider Activity at Walmart

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction on Monday, October 20th. The shares were sold at an average price of $107.75, for a total transaction of $431,000.00. Following the completion of the sale, the executive vice president directly owned 1,044,455 shares in the company, valued at $112,540,026.25. This represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction on Thursday, October 23rd. The stock was sold at an average price of $107.18, for a total transaction of $2,081,006.88. Following the sale, the chief executive officer owned 4,354,162 shares of the company’s stock, valued at approximately $466,679,083.16. This trade represents a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 151,038 shares of company stock valued at $15,525,280 over the last 90 days. 0.10% of the stock is owned by company insiders.

Walmart Price Performance

WMT stock opened at $106.22 on Friday. The company has a 50 day simple moving average of $102.17 and a 200 day simple moving average of $98.61. The stock has a market cap of $846.91 billion, a price-to-earnings ratio of 39.93, a P/E/G ratio of 5.03 and a beta of 0.67. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $109.57. 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 announced its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate 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 during the quarter, compared to analyst estimates of $174.02 billion. During the same quarter last year, the company posted $0.67 earnings per share. The company’s revenue 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. Research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

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.