Walmart Inc. $WMT Stock Holdings Lessened by Hennessy Advisors Inc.

Hennessy Advisors Inc. cut its holdings in Walmart Inc. (NASDAQ:WMT) by 7.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 95,800 shares of the retailer’s stock after selling 7,500 shares during the period. Hennessy Advisors Inc.’s holdings in Walmart were worth $9,873,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of WMT. Kingstone Capital Partners Texas LLC lifted its holdings in shares of Walmart by 397,264.9% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock worth $10,496,702,000 after purchasing an additional 104,488,610 shares during the last quarter. Norges Bank acquired a new stake in Walmart in the second quarter worth $5,367,770,000. Laurel Wealth Advisors LLC lifted its stake in 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 during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Walmart by 1.4% during the second 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. Finally, Amundi boosted its holdings in shares of Walmart by 23.5% during the second 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 and hedge funds own 26.76% of the company’s stock.

Analysts Set New Price Targets

WMT has been the topic of several recent research reports. Bank of America lifted their price objective on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 17th. Evercore ISI set a $120.00 price target on shares of Walmart and gave the company an “outperform” rating in a research note on Tuesday, December 16th. BMO Capital Markets lifted their price target on Walmart from $110.00 to $125.00 and gave the company an “outperform” rating in a report on Friday, November 21st. Wolfe Research started coverage on Walmart in a report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price objective for the company. Finally, Sanford C. Bernstein restated an “outperform” rating and issued a $122.00 target price (up from $118.00) on shares of Walmart in a research report on Friday, November 21st. Thirty-two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $120.69.

Walmart Price Performance

Shares of NASDAQ:WMT opened at $111.41 on Friday. The stock has a market cap of $887.96 billion, a price-to-earnings ratio of 38.95, a PEG ratio of 5.14 and a beta of 0.66. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $117.45. The stock’s 50 day moving average price is $108.53 and its 200 day moving average price is $102.98.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.02. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The company had revenue of $179.50 billion for the quarter, compared to analysts’ expectations of $175.15 billion. During the same period last year, the firm earned $0.58 EPS. The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Equities research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart News Roundup

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart’s grocery business remains the backbone of sales (more than half of revenue) while e‑commerce continues double‑digit growth — a structural growth narrative that supports long‑term revenue and omnichannel leverage. 7 Reasons to Buy WMT Stock Like There’s No Tomorrow
• Positive Sentiment: Membership income is rising: Walmart Plus and Sam’s Club pushed membership fees up ~17% in Q3, now contributing a material share of adjusted operating income — a margin help that supports profit resilience. Walmart’s Membership Fees Jump 17%
• Positive Sentiment: Several bullish retail writeups highlight Walmart as a defensive, cash‑generative pick with pricing power and multiple retail formats — supportive to sentiment among income and value investors. 3 Reasons to Buy Walmart Stock Like There’s No Tomorrow
• Neutral Sentiment: Activist activity in the sector — Toms Capital taking a stake in Target — is drawing investor attention to retail governance and valuation dynamics; this is more of a sector‑level catalyst than a direct Walmart event. Bullseye Bounce: Toms Capital Takes a Stake in Target
• Neutral Sentiment: General income‑oriented stock recommendations (dividend/defensive themes) keep Walmart in many portfolios, a mixed signal that can both support demand and create crowding. Want Decades of Passive Income? 2 Stocks to Buy Right Now
• Negative Sentiment: Investor rotation into grocery peers, notably Kroger, is being pitched as a safer/value alternative (buybacks, stabilizing margins), which can divert capital away from Walmart and weigh on relative performance. The Kroger Catalyst: $2 Billion Reasons to Buy
• Negative Sentiment: Concerns that defensive names (including Walmart) are crowded could cap near‑term upside if investors trim positions to rebalance into undervalued cyclicals. Are These 3 Leading Defensive Stocks Too Crowded Heading Into 2026?
• Negative Sentiment: Insider selling: CEO Doug McMillon sold ~19,416 shares — a small transaction but often read negatively in the short term by some investors. C Douglas Mcmillon Sells 19,416 Shares of Walmart

Insider Transactions at Walmart

In other Walmart news, EVP Daniel J. Bartlett sold 1,425 shares of the company’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $117.00, for a total value of $166,725.00. Following the completion of the sale, the executive vice president directly owned 641,363 shares of the company’s stock, valued at approximately $75,039,471. This represents a 0.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $115.21, for a total transaction of $460,840.00. Following the transaction, the executive vice president owned 1,031,455 shares of the company’s stock, valued at approximately $118,833,930.55. This trade represents a 0.39% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 125,628 shares of company stock valued at $13,690,065 in the last quarter. 0.10% of the stock is owned by company insiders.

Walmart Company 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.