Walmart Inc. $WMT Shares Acquired by Allstate Corp

Allstate Corp increased its position in shares of Walmart Inc. (NASDAQ:WMT) by 1,736.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 160,525 shares of the retailer’s stock after acquiring an additional 151,786 shares during the period. Allstate Corp’s holdings in Walmart were worth $16,544,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after acquiring an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings 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 valued at $800,000 after purchasing an additional 485 shares during the last quarter. Peterson Wealth Management boosted its position in shares of Walmart by 3.5% in the 1st quarter. Peterson Wealth Management now owns 50,307 shares of the retailer’s stock valued at $4,416,000 after purchasing an additional 1,715 shares during the period. Sivia Capital Partners LLC increased its stake in Walmart by 0.9% in the 2nd quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer’s stock worth $1,272,000 after purchasing an additional 116 shares in the last quarter. Finally, TTP Investments Inc. acquired a new stake in Walmart during the 2nd quarter worth about $208,000. 26.76% of the stock is currently owned by institutional investors.

Insider Transactions at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction on Friday, December 26th. The shares were sold at an average price of $111.83, for a total transaction of $2,171,291.28. Following the transaction, the chief executive officer directly owned 4,315,333 shares of the company’s stock, valued at $482,583,689.39. This represents a 0.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Daniel J. Bartlett sold 1,388 shares of the business’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $120.00, for a total value of $166,560.00. Following the completion of the sale, the executive vice president directly owned 645,642 shares of the company’s stock, valued at $77,477,040. This represents a 0.21% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 135,215 shares of company stock valued at $15,071,810 in the last three months. 0.10% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts have commented on WMT shares. The Goldman Sachs Group set a $121.00 target price on shares of Walmart and gave the stock a “buy” rating in a report on Tuesday, January 13th. KeyCorp reaffirmed an “overweight” rating and issued a $128.00 price objective on shares of Walmart in a research note on Wednesday, January 7th. Telsey Advisory Group reissued an “outperform” rating and set a $135.00 target price on shares of Walmart in a research note on Wednesday, January 14th. Robert W. Baird increased their target price on Walmart from $110.00 to $121.00 and gave the company an “outperform” rating in a report on Friday, November 21st. Finally, Barclays reiterated an “overweight” rating and set a $125.00 price target (up previously from $108.00) on shares of Walmart in a report on Thursday, January 8th. Thirty-two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $123.03.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Executive succession clarified: John Furner will become CEO next month and promoted longtime insider David Guggina to CEO of Walmart U.S., a move investors interpret as continuity-focused and supportive for execution on omnichannel and AI strategies. Read More.
• Positive Sentiment: AI/digital momentum: Coverage highlights Walmart’s AI initiatives and partnerships (Google/Alphabet, OpenAI/ChatGPT) as starting to produce sales/efficiency upside — a strategic story driving valuation premium and analyst optimism. Read More.
• Positive Sentiment: Fintech and ancillary growth: Walmart‑backed OnePay reached a $4B valuation milestone, signaling potential non‑retail upside from financial-services partnerships. Read More.
• Positive Sentiment: Analyst support: Multiple firms recently reiterated/raised Buy/Outperform views and targets, reinforcing short‑term institutional demand. Read More.
• Neutral Sentiment: Competitive positioning: Analysts note Walmart is narrowing Amazon’s online lead — a positive strategic trend but one that still leaves intense competition and execution requirements. Read More.
• Negative Sentiment: Insider selling: Several senior execs disclosed share sales (combined millions), which can be interpreted as routine diversification but may pressure sentiment short term. Read More.
• Negative Sentiment: International leadership turnover: Walmart International CEO Kathryn McLay will depart (staying through transition), raising near‑term succession and execution questions for overseas growth. Read More.
• Negative Sentiment: Legal/tax uncertainty: India’s top court is set to rule on tax treatment of the 2018 Flipkart stake sale (Tiger Global → Walmart), a potential precedent with financial or reputational implications. Read More.

Walmart Trading Up 0.4%

Shares of NASDAQ WMT opened at $119.70 on Monday. The business has a 50 day simple moving average of $111.49 and a 200 day simple moving average of $104.59. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $121.24. The stock has a market cap of $954.03 billion, a price-to-earnings ratio of 41.85, a PEG ratio of 5.10 and a beta of 0.66. 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 posted its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The firm had revenue of $179.50 billion during the quarter, compared to analysts’ expectations of $175.15 billion. During the same period in the previous year, the company earned $0.58 earnings per share. The company’s revenue was up 5.8% compared to the same quarter last year. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart 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.