Walmart Inc. $WMT Shares Bought by Reliant Investment Management LLC

Reliant Investment Management LLC lifted its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 612.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 58,385 shares of the retailer’s stock after purchasing an additional 50,195 shares during the quarter. Walmart comprises about 2.3% of Reliant Investment Management LLC’s holdings, making the stock its 24th biggest holding. Reliant Investment Management LLC’s holdings in Walmart were worth $6,017,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in WMT. Brighton Jones LLC lifted its holdings in Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after buying an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC increased its position in shares of Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after acquiring an additional 485 shares during the period. Peterson Wealth Management increased its position in shares of Walmart by 3.5% during the first quarter. Peterson Wealth Management now owns 50,307 shares of the retailer’s stock worth $4,416,000 after acquiring an additional 1,715 shares during the period. Jones Financial Companies Lllp raised its stake in shares of Walmart by 40.5% in the first quarter. Jones Financial Companies Lllp now owns 461,806 shares of the retailer’s stock valued at $39,419,000 after acquiring an additional 133,134 shares in the last quarter. Finally, Kera Capital Partners Inc. boosted its holdings in Walmart by 37.0% in the second quarter. Kera Capital Partners Inc. now owns 3,671 shares of the retailer’s stock valued at $359,000 after purchasing an additional 992 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Barclays reiterated its Buy rating on WMT, reinforcing institutional confidence in Walmart’s outlook and supporting demand for the stock. Read More.
• Positive Sentiment: Mizuho raised its price target to $125 (from $115) and kept an Outperform/Overweight view, signaling upward analyst momentum that can boost buying interest. Read More.
• Positive Sentiment: Wells Fargo also lifted its target to $130 and remains constructive on Walmart, adding to the analyst support narrative behind the rally. Read More.
• Positive Sentiment: Walmart launched “Better Care Services,” a digital healthcare platform and lowered prices on some health items — a strategic push that could expand margins and services revenue over time. Analysts are re-assessing valuation with this new health push in mind. Read More.
• Positive Sentiment: Walmart added Shishir Mehrotra (ex-Grammarly/Superhuman) to its board — a governance move emphasizing AI and e‑commerce expertise that investors view as strengthening Walmart’s tech roadmap. Read More.
• Neutral Sentiment: Walmart launched a celebrity fashion line (Millie Bobby Brown) aimed at teens and young women — a branding/merchandising boost but likely modest near-term financial impact. Read More.
• Neutral Sentiment: Market coverage notes (Zacks, Kalkine, AmericanBankingNews) show elevated investor attention and a consensus “moderate buy,” which keeps the stock in focus but doesn’t single-handedly move fundamentals. Read More.
• Negative Sentiment: Amazon received approval to build a 225,000 sq ft Walmart-style supercenter near Chicago that would blend in-store shopping with fulfillment — a clear competitive threat to Walmart’s grocery and omnichannel footprint in key markets. Read More.
• Negative Sentiment: Deutsche Bank downgraded Walmart from Buy to Hold with a $119 target, signaling some analyst caution (limits upside relative to recent price moves) and adding selling pressure for more risk‑sensitive investors. Read More.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on WMT. KeyCorp reaffirmed an “overweight” rating and issued a $128.00 price target on shares of Walmart in a research report on Wednesday. Deutsche Bank Aktiengesellschaft lowered shares of Walmart from a “buy” rating to a “hold” rating and set a $119.00 target price on the stock. in a research note on Thursday. Cowen reiterated a “buy” rating on shares of Walmart in a research note on Tuesday, December 9th. Robert W. Baird increased their price objective on shares of Walmart from $110.00 to $121.00 and gave the company an “outperform” rating in a research report on Friday, November 21st. Finally, DA Davidson set a $130.00 price objective on shares of Walmart and gave the company a “buy” rating in a report on Friday, November 21st. Thirty-two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and an average target price of $122.37.

Insider Transactions at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction dated Friday, November 28th. The stock was sold at an average price of $109.57, for a total value of $2,127,411.12. Following the completion of the sale, the chief executive officer directly owned 4,334,747 shares of the company’s stock, valued at $474,958,228.79. This represents a 0.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP David Chojnowski sold 7,000 shares of Walmart stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $106.65, for a total value of $746,550.00. Following the transaction, the senior vice president directly owned 136,289 shares in the company, valued at approximately $14,535,221.85. This trade represents a 4.89% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 125,628 shares of company stock worth $13,690,065. 0.10% of the stock is owned by company insiders.

Walmart Stock Performance

Shares of Walmart stock opened at $114.53 on Monday. The company has a quick ratio of 0.24, a current ratio of 0.80 and a debt-to-equity ratio of 0.39. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $117.45. The firm’s 50 day moving average is $109.73 and its two-hundred day moving average is $103.81. The firm has a market capitalization of $912.82 billion, a P/E ratio of 40.05, a P/E/G ratio of 5.29 and a beta of 0.66.

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 business had revenue of $179.50 billion during the quarter, compared to analysts’ expectations of $175.15 billion. During the same quarter in the prior year, the business posted $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 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.