Hurlow Wealth Management Group Inc. Has $1.69 Million Stake in Walmart Inc. $WMT

Hurlow Wealth Management Group Inc. decreased its stake in shares of Walmart Inc. (NASDAQ:WMT) by 26.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 16,371 shares of the retailer’s stock after selling 5,940 shares during the quarter. Hurlow Wealth Management Group Inc.’s holdings in Walmart were worth $1,687,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. increased its position in shares of Walmart by 1.4% during the second quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock valued at $42,223,116,000 after purchasing an additional 5,856,468 shares during the period. Geode Capital Management LLC boosted its stake in Walmart by 0.3% during the second quarter. Geode Capital Management LLC now owns 94,557,532 shares of the retailer’s stock worth $9,199,712,000 after buying an additional 263,718 shares in the last quarter. Norges Bank bought a new stake in Walmart in the 2nd quarter valued at $5,367,770,000. Ameriprise Financial Inc. raised its stake in shares of Walmart by 3.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 31,973,329 shares of the retailer’s stock valued at $3,126,775,000 after buying an additional 1,098,342 shares in the last quarter. Finally, Amundi lifted its holdings in shares of Walmart by 23.5% during the 2nd quarter. Amundi now owns 19,493,644 shares of the retailer’s stock worth $1,902,775,000 after acquiring an additional 3,710,506 shares during the period. Institutional investors own 26.76% of the company’s stock.

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart joined the trillion‑dollar market‑cap club, boosting investor confidence that its investments in e‑commerce, tech and higher‑margin services are being rewarded. Walmart Trillion-Dollar Club (Fool)
• Positive Sentiment: Evidence of accelerating Walmart+ paid‑membership adoption supports a path to more recurring, higher‑margin revenue — a key part of the bull thesis. Walmart paid membership growth (Seeking Alpha)
• Positive Sentiment: Large institutional buying (e.g., Alecta boosting its stake) is a vote of confidence from some money managers and can support the stock at higher levels. Alecta boosts stake in Walmart (TipRanks)
• Positive Sentiment: Retail commentator Tim Bohen flagged Walmart among his “Big 3” long‑term AI/retail ideas, reinforcing positive retail investor narratives. The Big 3: BE, WMT, XPO (YouTube)
• Neutral Sentiment: Analyst coverage is tilted positive but consensus targets are near current prices; recent quarterly results beat estimates and FY‑26 EPS guidance is modest — upside now depends on continued execution. Zacks: Earnings ESP for retailers
• Negative Sentiment: Insider selling (EVP Donna Morris and others disclosed multi‑million dollar stock sales this week) can create short‑term selling pressure or be read as executives monetizing gains. Walmart insider selling (InsiderTrades)
• Negative Sentiment: Competitive risk from Amazon’s physical grocery/fulfillment push and Walmart’s elevated multiples mean any slowdown in sales or margin mix could trigger a pullback. Amazon grocery competition (Reuters)

Insider Transactions at Walmart

In other Walmart news, EVP Donna Morris sold 76,181 shares of the company’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $123.79, for a total transaction of $9,430,445.99. Following the completion of the sale, the executive vice president owned 402,072 shares in the company, valued at approximately $49,772,492.88. The trade was a 15.93% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $104.75, for a total value of $1,374,843.75. Following the completion of the transaction, the executive vice president directly owned 879,815 shares in the company, valued at approximately $92,160,621.25. This trade represents a 1.47% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 229,196 shares of company stock valued at $26,957,858. 0.10% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

WMT has been the topic of a number of analyst reports. BTIG Research reissued a “buy” rating and issued a $125.00 target price on shares of Walmart in a research note on Wednesday, January 14th. Wells Fargo & Company reiterated an “overweight” rating and issued a $130.00 price objective (up from $120.00) on shares of Walmart in a research note on Friday, December 19th. The Goldman Sachs Group set a $121.00 price objective on Walmart and gave the stock a “buy” rating in a research note on Tuesday, January 13th. TD Cowen reiterated a “buy” rating on shares of Walmart in a research note on Wednesday, January 14th. Finally, KeyCorp reaffirmed an “overweight” rating and set a $128.00 price target on shares of Walmart in a report on Wednesday, January 7th. Thirty-two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $125.06.

Walmart Price Performance

Shares of WMT stock opened at $131.18 on Friday. The firm has a market cap of $1.05 trillion, a price-to-earnings ratio of 45.87, a PEG ratio of 4.85 and a beta of 0.65. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $131.70. The company has a quick ratio of 0.24, a current ratio of 0.80 and a debt-to-equity ratio of 0.39. The stock has a 50-day moving average price of $116.44 and a 200 day moving average price of $107.07.

Walmart (NASDAQ:WMT) last issued its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.02. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The company had revenue of $179.50 billion for the quarter, compared to analyst estimates of $175.15 billion. During the same quarter last year, the firm earned $0.58 EPS. The company’s revenue for the quarter was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Research analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

About Walmart

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.