Heritage Investors Management Corp Sells 17,410 Shares of Walmart Inc. $WMT

Heritage Investors Management Corp trimmed its position in Walmart Inc. (NASDAQ:WMT) by 3.4% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 497,986 shares of the retailer’s stock after selling 17,410 shares during the period. Walmart comprises approximately 1.5% of Heritage Investors Management Corp’s holdings, making the stock its 15th largest holding. Heritage Investors Management Corp’s holdings in Walmart were worth $51,322,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank acquired a new position in Walmart during the second quarter worth $5,367,770,000. Laurel Wealth Advisors LLC grew its stake in shares of Walmart by 9,648.7% in the second quarter. Laurel Wealth Advisors LLC now owns 11,486,374 shares of the retailer’s stock valued at $1,123,138,000 after buying an additional 11,368,549 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Walmart by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock valued at $42,223,116,000 after acquiring an additional 5,856,468 shares during the period. Amundi grew its holdings in Walmart by 23.5% during the second quarter. Amundi now owns 19,493,644 shares of the retailer’s stock worth $1,902,775,000 after purchasing an additional 3,710,506 shares during the period. Finally, AGF Management Ltd. increased its holdings in shares of Walmart by 1,176.6% during the 2nd quarter. AGF Management Ltd. now owns 3,317,487 shares of the retailer’s stock worth $324,384,000 after acquiring an additional 3,057,612 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Trading Up 4.1%

Shares of Walmart stock opened at $124.06 on Tuesday. The stock has a market capitalization of $988.78 billion, a PE ratio of 43.38, a price-to-earnings-growth ratio of 5.08 and a beta of 0.66. The stock has a 50 day moving average price of $114.88 and a two-hundred day moving average price of $106.31. 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 $124.20.

Walmart (NASDAQ:WMT) last announced its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share 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 for the quarter, compared to analysts’ expectations of $175.15 billion. During the same quarter last year, the firm earned $0.58 EPS. The firm’s revenue for the quarter was up 5.8% compared to the same quarter last year. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, equities analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently commented on WMT. Robert W. Baird lifted their target price on shares of Walmart from $110.00 to $121.00 and gave the stock an “outperform” rating in a report on Friday, November 21st. BTIG Research reiterated a “buy” rating and set a $125.00 target price on shares of Walmart in a research report on Wednesday, January 14th. TD Cowen reaffirmed a “buy” rating on shares of Walmart in a report on Wednesday, January 14th. Deutsche Bank Aktiengesellschaft downgraded Walmart from a “buy” rating to a “hold” rating and set a $119.00 price objective for the company. in a research report on Thursday, January 8th. Finally, Barclays reiterated an “overweight” rating and set a $125.00 price objective (up from $108.00) on shares of Walmart in a research 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. Based on data from MarketBeat.com, Walmart currently has a consensus rating of “Moderate Buy” and an average target price of $123.37.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart+ membership continued double‑digit growth and reached 28.4 million members in January, with ~12% YoY growth on a three‑month rolling basis — a sign of improving recurring revenue and customer engagement. Walmart+ Paid Membership Program Continued Double-Digit Growth in January
• Positive Sentiment: Analysts collectively rate WMT as an average “Moderate Buy,” which can support further buying interest from funds and retail investors. Walmart Inc. (NASDAQ:WMT) Receives Average Rating of “Moderate Buy” from Analysts
• Positive Sentiment: Market commentators single out Walmart as a steady performer — one analyst called WMT a “quiet sleeper” that continues to move higher, which can attract momentum and dividend‑seeking investors. The Big 3: GE, WMT, COF
• Neutral Sentiment: Leadership update: John Furner was promoted to Walmart’s global CEO after running U.S. operations; his internal progression suggests continuity rather than radical strategic shifts. Investors often view internal promotions as lower risk. Who is John Furner, Walmart’s new CEO?
• Neutral Sentiment: Industry coverage contrasts Walmart’s continuation approach with Target’s need for reinvention — placing Walmart in a steadier operational position, though not necessarily implying rapid upside. For the New Walmart and Target CEOs, It’s ‘Continuation’ vs. ‘Reinvention’

Insider Activity

In related news, EVP Daniel Danker sold 4,365 shares of Walmart stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $120.19, for a total value of $524,629.35. Following the completion of the sale, the executive vice president owned 238,583 shares of the company’s stock, valued at approximately $28,675,290.77. This trade represents a 1.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction on Thursday, January 22nd. The shares were sold at an average price of $119.17, for a total transaction of $2,313,804.72. Following the sale, the chief executive officer directly owned 4,274,856 shares in the company, valued at $509,434,589.52. The trade was a 0.45% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 133,015 shares of company stock worth $15,082,012. 0.10% of the stock is owned by 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.