Intact Investment Management Inc. Has $855,000 Stock Holdings in Walmart Inc. $WMT

Intact Investment Management Inc. lessened its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 52.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,300 shares of the retailer’s stock after selling 9,300 shares during the period. Intact Investment Management Inc.’s holdings in Walmart were worth $855,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of WMT. Vanguard Group Inc. grew its position in shares of Walmart by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock worth $42,223,116,000 after buying an additional 5,856,468 shares during the period. Geode Capital Management LLC grew its position in Walmart by 0.3% in the 2nd quarter. Geode Capital Management LLC now owns 94,557,532 shares of the retailer’s stock worth $9,199,712,000 after purchasing an additional 263,718 shares in the last quarter. Norges Bank purchased a new position in Walmart in the second quarter worth $5,367,770,000. Ameriprise Financial Inc. boosted its holdings in shares of Walmart by 3.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 31,973,329 shares of the retailer’s stock worth $3,126,775,000 after buying an additional 1,098,342 shares during the last quarter. Finally, Amundi grew its position in shares of Walmart by 23.5% during the 2nd quarter. Amundi now owns 19,493,644 shares of the retailer’s stock valued at $1,902,775,000 after acquiring an additional 3,710,506 shares during the period. 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: MarketBeat argues Walmart is rallying because core fundamentals (advertising growth, automation, e‑commerce gains), dividend durability and institutional buying are outweighing recent insider sales — a bullish narrative supporting higher valuation. Why Walmart Continues to Rally While Executives Sell the Stock
• Positive Sentiment: Zacks upgraded WMT to a Rank #2 (Buy), signaling improving earnings expectations and giving the stock near-term analyst-driven support. Walmart (WMT) Upgraded to Buy: What Does It Mean for the Stock?
• Positive Sentiment: Analyst commentary and educational pieces (Zacks, MSN) reiterate Walmart’s long‑term value case — trade‑down resilience, consistent dividend increases and a pivot toward higher‑margin ad/tech revenue that can justify a premium multiple. Why Walmart (WMT) is a Top Value Stock for the Long-Term
• Neutral Sentiment: Benzinga flags elevated options activity — this can indicate directional bets or hedging by traders but is ambiguous until large, persistent positioning is confirmed. Decoding Walmart’s Options Activity: What’s the Big Picture?
• Neutral Sentiment: Personal finance pieces (Yahoo/MSN/Fool) highlighting long‑term returns and Walmart vs. Target comparisons keep retail investors focused on WMT as a defensive, stable holding; these stories support steady demand but are unlikely to cause big near‑term moves. If You Invested $1000 in Walmart a Decade Ago, This is How Much It’d Be Worth Now
• Neutral Sentiment: Articles that summarize broker commentary remind investors that sell‑side ratings and writeups can nudge flows, but the market reaction depends on conviction and breadth of analyst changes. Brokers Suggest Investing in Walmart (WMT): Read This Before Placing a Bet
• Negative Sentiment: Insider selling is the main bearish headline: CEO Doug McMillon sold ~19,416 shares (~$2.3M) and other execs have sold recently — this can spook retail investors even if it’s explained by leadership transition or diversification. Insider Selling: Walmart (NASDAQ:WMT) CEO Sells $2,313,804.72 in Stock C Douglas Mcmillon Sells 19,416 Shares of Walmart (NASDAQ:WMT) Stock

Wall Street Analyst Weigh In

A number of research firms have recently commented on WMT. Guggenheim reaffirmed a “buy” rating and issued a $120.00 price target (up from $115.00) on shares of Walmart in a report on Friday, November 21st. Wells Fargo & Company reissued an “overweight” rating and issued a $130.00 price target (up previously from $120.00) on shares of Walmart in a research note on Friday, December 19th. TD Cowen reiterated a “buy” rating on shares of Walmart in a research report on Wednesday, January 14th. DA Davidson set a $130.00 target price on shares of Walmart and gave the company a “buy” rating in a report on Friday, November 21st. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $123.00 price target (up from $111.00) on shares of Walmart in a research note on Friday, November 21st. Thirty-two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $123.20.

Walmart Trading Down 0.1%

Walmart stock opened at $117.64 on Tuesday. The business’s fifty day moving average is $113.36 and its 200 day moving average is $105.47. 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 stock has a market capitalization of $937.61 billion, a PE ratio of 41.13, a price-to-earnings-growth ratio of 5.02 and a beta of 0.66. Walmart Inc. has a one year low of $79.81 and a one year 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 (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. The business 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 quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, sell-side analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Insider Activity at Walmart

In other news, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $119.99, for a total transaction of $1,574,868.75. Following the transaction, the executive vice president owned 727,155 shares of the company’s stock, valued at approximately $87,251,328.45. This represents a 1.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Daniel Danker sold 4,365 shares of Walmart stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $120.19, for a total transaction of $524,629.35. Following the sale, the executive vice president directly owned 238,583 shares of the company’s stock, valued at $28,675,290.77. This represents a 1.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 135,215 shares of company stock valued at $15,304,608 over the last ninety days. 0.10% of the stock is currently owned by company insiders.

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.