S Harris Financial Group LLC Invests $907,000 in Walmart Inc. $WMT

S Harris Financial Group LLC purchased a new position in shares of Walmart Inc. (NASDAQ:WMT) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 8,143 shares of the retailer’s stock, valued at approximately $907,000. Walmart makes up 0.9% of S Harris Financial Group LLC’s investment portfolio, making the stock its 21st biggest position.

Other hedge funds have also recently added to or reduced their stakes in the company. Entrust Financial LLC acquired a new stake in Walmart during the 4th quarter worth $27,000. Beacon Financial Strategies CORP purchased a new stake in shares of Walmart during the fourth quarter worth $30,000. Bay Harbor Wealth Management LLC raised its position in shares of Walmart by 57.4% in the fourth quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock valued at $32,000 after buying an additional 105 shares during the last quarter. Clayton Financial Group LLC raised its position in shares of Walmart by 193.0% in the fourth quarter. Clayton Financial Group LLC now owns 293 shares of the retailer’s stock valued at $33,000 after buying an additional 193 shares during the last quarter. Finally, Sankala Group LLC purchased a new position in shares of Walmart in the fourth quarter worth about $33,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on WMT. Tigress Financial restated a “buy” rating and set a $155.00 price target (up from $150.00) on shares of Walmart in a research report on Friday, May 29th. UBS Group set a $141.00 price objective on shares of Walmart and gave the company a “buy” rating in a report on Friday, May 22nd. TD Cowen restated a “buy” rating and set a $150.00 target price (up from $145.00) on shares of Walmart in a report on Thursday, May 7th. Erste Group Bank cut Walmart from a “buy” rating to a “hold” rating in a report on Friday, June 5th. Finally, Guggenheim upped their price target on Walmart from $120.00 to $137.00 and gave the company a “buy” rating in a research report on Monday, April 13th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and a consensus price target of $138.85.

Walmart Stock Performance

Shares of WMT opened at $117.18 on Friday. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. Walmart Inc. has a 12-month low of $94.23 and a 12-month high of $135.15. The firm has a 50-day moving average price of $124.61 and a 200 day moving average price of $122.04. The firm has a market capitalization of $932.53 billion, a P/E ratio of 41.12, a P/E/G ratio of 4.37 and a beta of 0.59.

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 company had revenue of $177.75 billion for the quarter, compared to the consensus estimate of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. Walmart’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the firm 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. Sell-side analysts forecast that Walmart Inc. will post 2.89 EPS for the current year.

Insider Buying and Selling at Walmart

In related news, EVP Latriece Watkins sold 11,000 shares of the stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $118.97, for a total value of $1,308,670.00. Following the completion of the transaction, the executive vice president directly owned 120,203 shares in the company, valued at approximately $14,300,550.91. This represents a 8.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Christopher James Nicholas sold 2,900 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $123.92, for a total value of $359,368.00. Following the sale, the executive vice president directly owned 577,853 shares of the company’s stock, valued at approximately $71,607,543.76. This trade represents a 0.50% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 117,246 shares of company stock worth $14,493,147. Insiders own 0.09% of the company’s stock.

Walmart 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.