Walmart Inc. $WMT Shares Sold by Gateway Investment Advisers LLC

Gateway Investment Advisers LLC decreased its holdings in Walmart Inc. (NASDAQ:WMT) by 3.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 807,379 shares of the retailer’s stock after selling 31,362 shares during the quarter. Walmart accounts for about 0.8% of Gateway Investment Advisers LLC’s holdings, making the stock its 24th biggest holding. Gateway Investment Advisers LLC’s holdings in Walmart were worth $83,208,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Fifth Third Wealth Advisors LLC grew its stake in shares of Walmart by 4.5% in the third quarter. Fifth Third Wealth Advisors LLC now owns 173,942 shares of the retailer’s stock worth $17,926,000 after acquiring an additional 7,521 shares in the last quarter. Penobscot Investment Management Company Inc. boosted its holdings in Walmart by 0.3% in the third quarter. Penobscot Investment Management Company Inc. now owns 74,814 shares of the retailer’s stock valued at $7,710,000 after purchasing an additional 237 shares during the period. Fountainhead AM LLC boosted its holdings in Walmart by 10.7% in the third quarter. Fountainhead AM LLC now owns 2,544 shares of the retailer’s stock valued at $262,000 after purchasing an additional 246 shares during the period. Pettinga Financial Advisors LLC grew its stake in Walmart by 17.0% during the 3rd quarter. Pettinga Financial Advisors LLC now owns 6,764 shares of the retailer’s stock worth $697,000 after purchasing an additional 984 shares in the last quarter. Finally, Wealth Management Partners LLC raised its position in Walmart by 1.0% in the 3rd quarter. Wealth Management Partners LLC now owns 16,165 shares of the retailer’s stock valued at $1,666,000 after purchasing an additional 163 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Walmart

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $101.63, for a total transaction of $406,520.00. Following the transaction, the executive vice president directly owned 1,040,455 shares in the company, valued at approximately $105,741,441.65. This trade represents a 0.38% 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, SVP David Chojnowski sold 7,000 shares of the company’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $106.65, for a total transaction of $746,550.00. Following the completion of the sale, the senior vice president owned 136,289 shares of the company’s stock, valued at approximately $14,535,221.85. This trade represents a 4.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 125,628 shares of company stock worth $13,690,065. 0.10% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on WMT. Telsey Advisory Group reissued an “outperform” rating and set a $135.00 price objective on shares of Walmart in a research report on Wednesday, December 17th. BMO Capital Markets boosted their price target on shares of Walmart from $110.00 to $125.00 and gave the stock an “outperform” rating in a report on Friday, November 21st. Jefferies Financial Group restated a “buy” rating on shares of Walmart in a report on Tuesday, December 9th. UBS Group set a $130.00 price objective on shares of Walmart in a research report on Wednesday, December 3rd. Finally, KeyCorp reissued an “overweight” rating and issued a $120.00 target price (up previously from $110.00) on shares of Walmart in a report on Friday, November 21st. Thirty-two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $120.69.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Zacks notes WMT settled higher on the session, reflecting positive investor reaction to recent company performance and the market’s appetite for defensive retail names. Walmart (WMT) Beats Stock Market Upswing: What Investors Need to Know
• Positive Sentiment: The Motley Fool’s “7 Reasons to Buy WMT” highlights Walmart’s grocery-led revenue ( >50% of sales) and double-digit e-commerce growth — factors supporting durable, predictable cash flow and upside to market share in retail. 7 Reasons to Buy WMT Stock Like There’s No Tomorrow
• Positive Sentiment: A separate Fool piece reiterates Walmart’s diversified retail footprint and low-price positioning as long-term competitive advantages that support steady performance and dividend durability. 3 Reasons to Buy Walmart Stock Like There’s No Tomorrow
• Positive Sentiment: Benzinga’s retrospective on a $100 investment over five years underscores strong long-term shareholder returns, reinforcing buy-and-hold sentiment among income and value investors. Here’s How Much $100 Invested In Walmart 5 Years Ago Would Be Worth Today
• Neutral Sentiment: MarketBeat flags that defensive names (including WMT) may be “crowded” entering 2026 — a reminder that some upside is already priced in and that macro shifts could swing performance. Are These 3 Leading Defensive Stocks Too Crowded Heading Into 2026?
• Neutral Sentiment: A MarketBeat roundup and a Motley Fool list that mention WMT among dividend/defensive picks reinforce its income/defensive appeal but don’t add fresh catalysts beyond valuation and yield considerations. Bullseye Bounce: Toms Capital Takes a Stake in Target (WMT)
• Negative Sentiment: Activist activity at peer Target (Toms Capital stake) could intensify competition or prompt industry consolidation moves; that dynamic is a downside risk for Walmart’s market-share and margin outlook if it leads to more aggressive pricing or capital allocation by rivals. Bullseye Bounce: Toms Capital Takes a Stake in Target (WMT)

Walmart Price Performance

Shares of NASDAQ:WMT opened at $112.76 on Monday. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $117.45. The firm has a market capitalization of $898.72 billion, a P/E ratio of 39.43, a P/E/G ratio of 5.21 and a beta of 0.66. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24. The company’s fifty day moving average price is $108.66 and its 200 day moving average price is $103.23.

Walmart (NASDAQ:WMT) last released its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $175.15 billion. During the same quarter in the prior year, the firm posted $0.58 earnings per share. Walmart’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. As a group, sell-side analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal 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.