Hubbell Strickland Wealth Management LLC Buys 1,073 Shares of Walmart Inc. $WMT

Hubbell Strickland Wealth Management LLC boosted its stake in shares of Walmart Inc. (NYSE:WMT) by 13.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,147 shares of the retailer’s stock after buying an additional 1,073 shares during the quarter. Walmart makes up approximately 0.4% of Hubbell Strickland Wealth Management LLC’s portfolio, making the stock its 28th biggest position. Hubbell Strickland Wealth Management LLC’s holdings in Walmart were worth $894,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in WMT. Bedel Financial Consulting Inc. raised its holdings in Walmart by 0.4% during the 1st quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer’s stock worth $2,275,000 after purchasing an additional 102 shares during the last quarter. Scott & Selber Inc. increased its position in shares of Walmart by 3.7% during the first quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer’s stock worth $256,000 after buying an additional 105 shares during the period. Capital Advisors Wealth Management LLC increased its position in shares of Walmart by 1.4% during the first quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer’s stock worth $684,000 after buying an additional 105 shares during the period. Lauterbach Financial Advisors LLC raised its stake in Walmart by 1.8% during the first quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer’s stock worth $517,000 after buying an additional 106 shares during the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC lifted its holdings in Walmart by 1.4% in the first quarter. Baron Silver Stevens Financial Advisors LLC now owns 7,799 shares of the retailer’s stock valued at $685,000 after buying an additional 106 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Transactions at Walmart

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

Analyst Ratings Changes

A number of brokerages have weighed in on WMT. Erste Group Bank upgraded Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. JPMorgan Chase & Co. decreased their target price on Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. Sanford C. Bernstein set a $117.00 price target on Walmart and gave the company an “outperform” rating in a research note on Friday, August 22nd. Wolfe Research started coverage on Walmart in a report on Thursday, September 18th. They set an “outperform” rating and a $129.00 price target on the stock. Finally, KeyCorp lifted their price objective on shares of Walmart from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Monday, June 9th. Thirty research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $112.38.

Walmart Stock Up 0.6%

Walmart stock opened at $102.70 on Tuesday. Walmart Inc. has a 1-year low of $78.98 and a 1-year high of $106.11. The firm has a market capitalization of $818.81 billion, a price-to-earnings ratio of 38.61, a price-to-earnings-growth ratio of 4.81 and a beta of 0.67. The firm’s fifty day moving average price is $100.88 and its two-hundred day moving average price is $96.87. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT) last posted its earnings results 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 business had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same period in the previous year, the firm earned $0.67 earnings per share. The company’s revenue was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, equities research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

About Walmart

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.