Walmart Inc. $WMT Shares Sold by Capital Investment Counsel Inc

Capital Investment Counsel Inc lessened its stake in Walmart Inc. (NASDAQ:WMT) by 2.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 309,589 shares of the retailer’s stock after selling 7,212 shares during the quarter. Walmart comprises about 3.9% of Capital Investment Counsel Inc’s investment portfolio, making the stock its 4th largest holding. Capital Investment Counsel Inc’s holdings in Walmart were worth $31,906,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Access Investment Management LLC bought a new position in Walmart during the 2nd quarter worth approximately $26,000. PFS Partners LLC increased its stake in Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after purchasing an additional 233 shares in the last quarter. Roble Belko & Company Inc raised its holdings in Walmart by 212.6% in the third quarter. Roble Belko & Company Inc now owns 322 shares of the retailer’s stock worth $33,000 after purchasing an additional 219 shares during the period. Manning & Napier Advisors LLC bought a new position in shares of Walmart during the third quarter worth $39,000. Finally, Harbor Asset Planning Inc. acquired a new position in shares of Walmart in the 2nd quarter valued at $46,000. Institutional investors own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on WMT shares. Morgan Stanley reaffirmed an “overweight” rating and set a $135.00 price objective (up previously from $125.00) on shares of Walmart in a research note on Thursday, January 15th. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a report on Wednesday. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $126.00 price target (up previously from $123.00) on shares of Walmart in a research report on Wednesday, January 14th. TD Cowen reiterated a “buy” rating on shares of Walmart in a research report on Wednesday, January 14th. Finally, Piper Sandler reissued an “overweight” rating and set a $123.00 target price (up from $111.00) on shares of Walmart in a research note on Friday, November 21st. Thirty-two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Walmart currently has a consensus rating of “Moderate Buy” and an average target price of $123.20.

Insiders Place Their Bets

In other Walmart news, EVP Daniel Danker sold 4,365 shares of Walmart stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $120.19, for a total value of $524,629.35. Following the sale, the executive vice president directly owned 238,583 shares in the company, valued at approximately $28,675,290.77. The trade was a 1.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction dated Friday, December 26th. The stock was sold at an average price of $111.83, for a total transaction of $2,171,291.28. Following the sale, the chief executive officer directly owned 4,315,333 shares in the company, valued at $482,583,689.39. This trade represents a 0.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 135,215 shares of company stock valued at $15,304,608 in the last quarter. Company insiders own 0.10% of the company’s stock.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Tigress Financial raised its price target on WMT from $130 to $135 and kept a “buy” rating, implying roughly a mid-teens upside vs. current levels — a catalyst that can attract momentum and fund flows. Tigress price target raise
• Neutral Sentiment: Coverage pieces from Zacks highlight WMT as a growth/retail pick and promote using their Earnings ESP tool to find potential upside ahead of quarters — these pieces can bolster investor interest but are promotional rather than firm-moving. Zacks Earnings ESP article
• Neutral Sentiment: Another Zacks piece profiles Walmart as a “strong growth stock” using its style scores — supportive for longer-term investor narratives but unlikely to move the stock materially on its own. Zacks growth profile
• Neutral Sentiment: A Yahoo video piece outlines three priorities for Walmart’s CEO to maintain momentum — useful context on management focus that may shape execution expectations but not an immediate market mover. Yahoo CEO priorities video
• Negative Sentiment: CEO C. Douglas McMillon sold 19,416 shares for about $2.31M (reported 1/22). The sale reduced his stake by ~0.45% — a modest ownership decline but an optics negative that can weigh on sentiment when combined with near-term weakness. SEC Form 4: McMillon sale
• Negative Sentiment: Market reports note recent short-term share weakness (a daily slide reported on 1/22). That intraday/short-term weakness can amplify selling even as fundamentals remain intact. Zacks: stock slides

Walmart Stock Down 0.1%

Shares of Walmart stock opened at $117.73 on Friday. The firm has a market cap of $938.33 billion, a PE ratio of 41.16, a P/E/G ratio of 5.02 and a beta of 0.66. The business’s 50 day simple moving average is $113.07 and its 200 day simple moving average is $105.26. 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 Inc. has a 52-week low of $79.81 and a 52-week high of $121.62.

Walmart (NASDAQ:WMT) last released its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. The firm had revenue of $179.50 billion during the quarter, compared to the consensus estimate of $175.15 billion. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The business’s revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, 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.