Citizens National Bank Trust Department Grows Position in Walmart Inc. $WMT

Citizens National Bank Trust Department increased its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 8.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 70,586 shares of the retailer’s stock after purchasing an additional 5,584 shares during the quarter. Walmart accounts for approximately 1.3% of Citizens National Bank Trust Department’s portfolio, making the stock its 23rd biggest position. Citizens National Bank Trust Department’s holdings in Walmart were worth $7,275,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the stock. Access Investment Management LLC purchased a new stake in shares of Walmart in the 2nd quarter valued at approximately $26,000. PFS Partners LLC increased its holdings in Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after purchasing an additional 233 shares during the last quarter. Ridgewood Investments LLC increased its holdings in Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after purchasing an additional 115 shares during the last quarter. Livelsberger Financial Advisory purchased a new stake in Walmart in the second quarter valued at approximately $44,000. Finally, Harbor Asset Planning Inc. acquired a new position in Walmart during the second quarter worth $46,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Wall Street Analysts Forecast Growth

WMT has been the subject of a number of research reports. Robert W. Baird lifted their price objective on Walmart from $110.00 to $121.00 and gave the company an “outperform” rating in a research note on Friday, November 21st. Morgan Stanley reaffirmed an “overweight” rating and issued a $125.00 target price (up from $115.00) on shares of Walmart in a research report on Friday, November 21st. Barclays reissued an “overweight” rating and set a $125.00 price target (up previously from $108.00) on shares of Walmart in a research report on Thursday. Bank of America lifted their price objective on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, September 17th. Finally, DA Davidson set a $130.00 target price on shares of Walmart and gave the stock a “buy” rating in a report on Friday, November 21st. Thirty-two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $122.37.

Insider Activity

In related news, EVP John D. Rainey sold 2,200 shares of the business’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $111.23, for a total value of $244,706.00. Following the completion of the sale, the executive vice president directly owned 617,318 shares of the company’s stock, valued at $68,664,281.14. The trade was a 0.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Daniel J. Bartlett sold 1,425 shares of the company’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $117.00, for a total transaction of $166,725.00. Following the completion of the transaction, the executive vice president owned 641,363 shares of the company’s stock, valued at $75,039,471. This represents a 0.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 125,628 shares of company stock worth $13,690,065 over the last three months. Company insiders own 0.10% of the company’s stock.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Appointment of Shishir Mehrotra to the board — Mehrotra (CEO of Superhuman, ex-Grammarly) adds AI/tech product experience and will join the Technology & eCommerce committee, signaling stronger governance and capability for Walmart’s digital and AI initiatives, which investors view as key to e-commerce and supply-chain improvements. Walmart names Shishir Mehrotra to Board of Directors
• Positive Sentiment: New youth fashion line (Mills by Millie Bobby Brown) — Walmart launched an exclusive teen/young-women apparel brand, a low-cost, high-traffic assortment that can drive store/online visits and margins in private brands. It’s a low-capex way to boost traffic and demographic reach. Millie Bobby Brown Debuts Exclusive Fashion Line for Teens and Young Women at Walmart
• Positive Sentiment: Launch of Better Care Services digital healthcare platform — Walmart expanded into a digital healthcare network and cut prices on some wellness items; this broadens Walmart’s services revenue mix and leverages scale in health/wellness, a potential traffic and loyalty driver over time. Walmart Launches Digital Healthcare Platform, to Cut Prices on Some Health Items
• Neutral Sentiment: Analyst/consensus views mixed but constructive — Wells Fargo kept an Overweight rating and lifted its price target to $130, and broader analyst consensus remains around a “moderate buy,” supporting a positive medium-term view despite some caution. Wells Fargo Sees Opportunity at Walmart (WMT) Walmart Receives Consensus Rating of “Moderate Buy”
• Neutral Sentiment: Market mentions & technical chatter — Several outlets flagged WMT among stocks to watch and technical bullish narratives (Elliott Wave / fair-value discussions). These are interest drivers but lower-impact than company strategy or analyst changes. 4 stocks to watch on Thursday: GOOG, TD, ARM, WMT
• Negative Sentiment: Deutsche Bank downgrade to Hold — Deutsche Bank cut WMT from Buy to Hold and set a $119 target, which is modestly above current levels; downgrades can weigh on near-term momentum and cap upside until execution or guidance clears. Walmart resumed with a Hold at Deutsche Bank

Walmart Price Performance

Shares of NASDAQ WMT opened at $113.07 on Friday. The stock’s 50-day simple moving average is $109.47 and its 200-day simple moving average is $103.61. The firm has a market capitalization of $901.19 billion, a PE ratio of 39.53, a price-to-earnings-growth ratio of 5.20 and a beta of 0.66. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $117.45. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.24 and a current ratio of 0.80.

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

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.