Harbour Wealth Management Group Inc. Acquires New Position in Walmart Inc. $WMT

Harbour Wealth Management Group Inc. bought a new position in Walmart Inc. (NASDAQ:WMT) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 11,464 shares of the retailer’s stock, valued at approximately $1,277,000. Walmart makes up 1.0% of Harbour Wealth Management Group Inc.’s investment portfolio, making the stock its 24th largest position.

Other large investors also recently bought and sold shares of the company. Lexington Hill Partners LLC acquired a new position in Walmart during the 4th quarter valued at approximately $224,000. First Growth Capital LLC acquired a new stake in shares of Walmart during the fourth quarter worth $470,000. Axxcess Wealth Management LLC grew its holdings in shares of Walmart by 5.8% during the fourth quarter. Axxcess Wealth Management LLC now owns 276,985 shares of the retailer’s stock valued at $30,859,000 after buying an additional 15,078 shares during the last quarter. Birchwood Financial Partners Inc. purchased a new stake in shares of Walmart during the fourth quarter valued at $50,000. Finally, Corient Private Wealth LLC increased its position in shares of Walmart by 48.8% in the 4th quarter. Corient Private Wealth LLC now owns 2,846,490 shares of the retailer’s stock valued at $317,127,000 after acquiring an additional 933,690 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insiders Place Their Bets

In related news, EVP David W. Guggina sold 11,978 shares of the business’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total value of $1,435,203.96. Following the completion of the transaction, the executive vice president directly owned 125,067 shares in the company, valued at $14,985,527.94. The trade was a 8.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher James Nicholas sold 2,900 shares of the stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $123.92, for a total transaction of $359,368.00. Following the sale, the executive vice president directly owned 577,853 shares in the company, valued at $71,607,543.76. This trade represents a 0.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 117,246 shares of company stock worth $14,493,147. Corporate insiders own 0.09% of the company’s stock.

Walmart Stock Performance

NASDAQ WMT opened at $117.18 on Friday. The firm has a market capitalization of $932.53 billion, a P/E ratio of 41.12, a PEG ratio of 4.41 and a beta of 0.59. The stock has a 50-day simple moving average of $124.81 and a two-hundred day simple moving average of $122.07. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.77. Walmart Inc. has a fifty-two week low of $94.23 and a fifty-two week high of $135.15.

Walmart (NASDAQ:WMT) last issued its earnings results on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, hitting analysts’ consensus estimates of $0.66. The firm had revenue of $177.75 billion for the quarter, compared to the consensus estimate of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The company’s revenue was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.61 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. On average, equities analysts forecast that Walmart Inc. will post 2.89 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages recently issued reports on WMT. TD Cowen restated a “buy” rating and issued a $150.00 target price (up from $145.00) on shares of Walmart in a research note on Thursday, May 7th. BTIG Research reiterated a “buy” rating and set a $145.00 price target on shares of Walmart in a research note on Wednesday, June 3rd. KeyCorp reissued an “overweight” rating on shares of Walmart in a report on Friday, May 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Walmart in a report on Monday, April 20th. Finally, HSBC lowered Walmart from a “buy” rating to a “hold” rating and upped their target price for the company from $122.00 to $131.00 in a research report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and an average price target of $138.85.

Walmart News Roundup

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Analyst commentary remains broadly supportive, with a consensus “Moderate Buy” rating and an average price target around $138.85, suggesting Wall Street still sees upside from current levels.
• Positive Sentiment: Walmart’s latest earnings showed solid operating momentum, with revenue topping expectations and sales up 7.4% year over year, reinforcing the company’s defensive growth profile.
• Positive Sentiment: Several articles highlighted Walmart’s e-commerce, marketplace and higher-margin digital initiatives as key reasons bulls remain constructive after the stock’s recent pullback. Article Title
• Neutral Sentiment: Coverage comparing Walmart with other retail and wholesale alternatives may be prompting some portfolio rotation, but it does not appear to signal a fundamental change in the business. Article Title
• Neutral Sentiment: Walmart also drew attention for its competition with Amazon in retail data and ad monetization, underscoring a strategic growth area rather than an immediate earnings catalyst. Article Title
• Negative Sentiment: A recent 9.2% pullback and the stock’s move below key moving averages reflect investor caution about fuel costs, consumer pressure and whether near-term margins can keep pace. Article Title
• Negative Sentiment: Insider selling by EVP Daniel Bartlett, though conducted under a pre-arranged 10b5-1 plan and relatively small versus his holdings, can still add to short-term negative sentiment. Article Title

Walmart Company Profile

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.