Harbour Wealth Management Group Inc. Makes New Investment in Walmart Inc. $WMT

Harbour Wealth Management Group Inc. acquired a new stake in shares of Walmart Inc. (NASDAQ:WMT) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 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 holding.

Several other large investors have also recently made changes to their positions in the company. Entrust Financial LLC bought a new position in shares of Walmart during the 4th quarter valued at approximately $27,000. Beacon Financial Strategies CORP bought a new stake in Walmart in the fourth quarter worth $30,000. Redmont Wealth Advisors LLC purchased a new stake in Walmart during the third quarter valued at $30,000. Bay Harbor Wealth Management LLC raised its stake in Walmart by 57.4% during the fourth quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock valued at $32,000 after purchasing an additional 105 shares in the last quarter. Finally, Clayton Financial Group LLC lifted its position in Walmart by 193.0% during the fourth quarter. Clayton Financial Group LLC now owns 293 shares of the retailer’s stock valued at $33,000 after purchasing an additional 193 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

Key Headlines Impacting Walmart

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 Price Performance

WMT stock opened at $117.18 on Friday. The stock has a market cap of $932.53 billion, a PE ratio of 41.12, a P/E/G ratio of 4.41 and a beta of 0.59. 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 company has a 50-day moving average price of $124.81 and a 200 day moving average price of $122.07.

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

Insider Buying and Selling at Walmart

In other Walmart news, EVP Christopher James Nicholas sold 2,900 shares of Walmart stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $123.92, for a total value of $359,368.00. Following the transaction, the executive vice president directly owned 577,853 shares of the company’s stock, valued at approximately $71,607,543.76. The trade was a 0.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Latriece Watkins sold 11,000 shares of the stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $118.97, for a total value of $1,308,670.00. Following the sale, the executive vice president owned 120,203 shares of the company’s stock, valued at approximately $14,300,550.91. This represents a 8.38% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 117,246 shares of company stock valued at $14,493,147. 0.09% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

WMT has been the topic of a number of research reports. BNP Paribas Exane reduced their target price on shares of Walmart from $147.00 to $146.00 and set an “outperform” rating on the stock in a report on Friday, May 22nd. Jefferies Financial Group set a $145.00 price target on shares of Walmart in a report on Friday, February 20th. Raymond James Financial reissued an “outperform” rating and set a $135.00 price objective on shares of Walmart in a research note on Friday, March 6th. HSBC downgraded Walmart from a “buy” rating to a “hold” rating and upped their price objective for the company from $122.00 to $131.00 in a research report on Friday, February 20th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $138.00 target price on shares of Walmart in a report on Friday, February 20th. One research 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. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $138.85.

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.