Allworth Financial LP Cuts Stake in Walmart Inc. $WMT

Allworth Financial LP lowered its stake in shares of Walmart Inc. (NASDAQ:WMT) by 5.2% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 323,324 shares of the retailer’s stock after selling 17,837 shares during the quarter. Allworth Financial LP’s holdings in Walmart were worth $33,322,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Fox Run Management L.L.C. purchased a new position in shares of Walmart during the 3rd quarter valued at $1,709,000. CWM LLC increased its holdings in Walmart by 24.2% in the 3rd quarter. CWM LLC now owns 1,175,703 shares of the retailer’s stock worth $121,168,000 after acquiring an additional 229,220 shares during the last quarter. Neuberger Berman Group LLC increased its holdings in Walmart by 0.8% in the 2nd quarter. Neuberger Berman Group LLC now owns 5,091,126 shares of the retailer’s stock worth $497,771,000 after acquiring an additional 42,645 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its stake in Walmart by 16.6% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 63,782 shares of the retailer’s stock valued at $6,567,000 after acquiring an additional 9,061 shares during the period. Finally, World Investment Advisors raised its stake in Walmart by 5.2% in the 3rd quarter. World Investment Advisors now owns 293,866 shares of the retailer’s stock valued at $30,286,000 after acquiring an additional 14,487 shares during the period. Institutional investors own 26.76% of the company’s stock.

Insider Activity

In related news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction on 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 completion of the sale, the chief executive officer owned 4,315,333 shares of the company’s stock, valued at approximately $482,583,689.39. This trade represents a 0.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $119.99, for a total value 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. The trade was a 1.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 261,153 shares of company stock worth $32,005,084. Company insiders own 0.10% of the company’s stock.

Walmart Trading Down 0.7%

Shares of WMT opened at $121.08 on Friday. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $134.69. The stock has a market cap of $965.30 billion, a PE ratio of 44.19, a P/E/G ratio of 4.54 and a beta of 0.66. The company has a quick ratio of 0.24, a current ratio of 0.79 and a debt-to-equity ratio of 0.38. The business’s 50-day moving average price is $123.99 and its 200-day moving average price is $112.59.

Walmart (NASDAQ:WMT) last released its quarterly earnings data on Thursday, February 19th. The retailer reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.73 by $0.01. The company had revenue of $190.66 billion during the quarter, compared to analyst estimates of $188.37 billion. Walmart had a net margin of 3.07% and a return on equity of 21.44%. Walmart’s revenue was up 5.6% compared to the same quarter last year. During the same period last year, the business earned $0.66 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. On average, equities analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Friday, December 11th will be given a dividend of $0.2475 per share. This represents a $0.99 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, December 11th. Walmart’s payout ratio is 34.31%.

Wall Street Analysts Forecast Growth

WMT has been the subject of a number of research reports. The Goldman Sachs Group reiterated a “buy” rating and set a $138.00 target price on shares of Walmart in a research report on Friday, February 20th. Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a research report on Wednesday, January 21st. Piper Sandler restated an “overweight” rating on shares of Walmart in a research note on Tuesday, February 24th. Tigress Financial set a $150.00 price objective on shares of Walmart and gave the stock a “buy” rating in a report on Wednesday, February 25th. Finally, Craig Hallum set a $150.00 price objective on shares of Walmart in a research note on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $135.76.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Unusual bullish options activity — traders bought ~169,565 WMT call contracts (≈+42% vs. typical daily call volume), signaling short‑term bullish bets that can support upside if sentiment continues.
• Positive Sentiment: Walmart is being highlighted as an AI investment play—articles argue AI deployments across supply chain and pricing could raise efficiency and long‑term profitability. Forget Chipmakers: Walmart and Target Are the Real AI Plays
• Positive Sentiment: Walmart secured U.S. machine‑learning patents for pricing systems — a potential competitive edge to optimize margins and pricing strategies. Walmart Secures Machine Learning Patents for Pricing Items
• Positive Sentiment: Marketplace/Dropshipping integration with Doba expands Walmart Marketplace’s seller capabilities and could aid e‑commerce revenue growth. Doba Announces Verified Technical Integration with Walmart Marketplace to Empower Dropshipping Sellers
• Positive Sentiment: Positive analyst/retail commentary — some investors are bullish on Walmart’s expanding e‑commerce and advertising businesses as drivers of future growth. 1 Stock I Plan to Load Up On in 2026
• Neutral Sentiment: CEO transition coverage — analysis of managing leadership change notes both downside risk and opportunity; impact depends on specifics and investor reaction over time. How to Play 3 Major CEO Transitions in Early 2026 (WMT)
• Neutral Sentiment: PhonePe IPO pause — Walmart‑backed PhonePe delaying IPO due to market volatility is a timing risk for potential value realization, but not an immediate operational hit to Walmart. Walmart-backed PhonePe pauses IPO plans as Middle East conflict fuels market volatility
• Negative Sentiment: Shareholder law firm is investigating Walmart’s board over alleged deceptive pay practices for Spark drivers — potential legal, financial and governance risks that can weigh on sentiment and create downside risk. Berger Montague PC Investigates Walmart Inc.’s Board of Directors for Breach of Fiduciary Duty (NASDAQ: WMT)

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.