Townsend & Associates Inc Has $16.12 Million Stock Holdings in Walmart Inc. $WMT

Townsend & Associates Inc boosted its stake in Walmart Inc. (NASDAQ:WMT) by 3.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 149,636 shares of the retailer’s stock after buying an additional 4,759 shares during the period. Walmart makes up 1.5% of Townsend & Associates Inc’s portfolio, making the stock its 27th largest holding. Townsend & Associates Inc’s holdings in Walmart were worth $16,120,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Access Investment Management LLC bought a new position in shares of Walmart during the second quarter worth approximately $26,000. PFS Partners LLC boosted its stake in Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after purchasing an additional 233 shares during the period. Ridgewood Investments LLC grew its holdings in Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after buying an additional 115 shares in the last quarter. Livelsberger Financial Advisory bought a new position in Walmart during the 2nd quarter worth $44,000. Finally, Harbor Asset Planning Inc. bought a new position in Walmart during the 2nd quarter worth $46,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Zacks notes WMT settled higher on the session, reflecting positive investor reaction to recent company performance and the market’s appetite for defensive retail names. Walmart (WMT) Beats Stock Market Upswing: What Investors Need to Know
• Positive Sentiment: The Motley Fool’s “7 Reasons to Buy WMT” highlights Walmart’s grocery-led revenue ( >50% of sales) and double-digit e-commerce growth — factors supporting durable, predictable cash flow and upside to market share in retail. 7 Reasons to Buy WMT Stock Like There’s No Tomorrow
• Positive Sentiment: A separate Fool piece reiterates Walmart’s diversified retail footprint and low-price positioning as long-term competitive advantages that support steady performance and dividend durability. 3 Reasons to Buy Walmart Stock Like There’s No Tomorrow
• Positive Sentiment: Benzinga’s retrospective on a $100 investment over five years underscores strong long-term shareholder returns, reinforcing buy-and-hold sentiment among income and value investors. Here’s How Much $100 Invested In Walmart 5 Years Ago Would Be Worth Today
• Neutral Sentiment: MarketBeat flags that defensive names (including WMT) may be “crowded” entering 2026 — a reminder that some upside is already priced in and that macro shifts could swing performance. Are These 3 Leading Defensive Stocks Too Crowded Heading Into 2026?
• Neutral Sentiment: A MarketBeat roundup and a Motley Fool list that mention WMT among dividend/defensive picks reinforce its income/defensive appeal but don’t add fresh catalysts beyond valuation and yield considerations. Bullseye Bounce: Toms Capital Takes a Stake in Target (WMT)
• Negative Sentiment: Activist activity at peer Target (Toms Capital stake) could intensify competition or prompt industry consolidation moves; that dynamic is a downside risk for Walmart’s market-share and margin outlook if it leads to more aggressive pricing or capital allocation by rivals. Bullseye Bounce: Toms Capital Takes a Stake in Target (WMT)

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on WMT shares. Wells Fargo & Company reissued an “overweight” rating and issued a $130.00 target price (up previously from $120.00) on shares of Walmart in a research report on Friday, December 19th. Tigress Financial boosted their price objective on shares of Walmart from $125.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, December 3rd. Telsey Advisory Group restated an “outperform” rating and set a $135.00 target price on shares of Walmart in a research report on Wednesday, December 17th. Jefferies Financial Group reiterated a “buy” rating on shares of Walmart in a research report on Tuesday, December 9th. Finally, Piper Sandler reiterated 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 investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and an average price target of $120.69.

Insiders Place Their Bets

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $101.63, for a total value of $406,520.00. Following the sale, the executive vice president directly owned 1,040,455 shares of the company’s stock, valued at $105,741,441.65. This trade represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction dated Friday, November 28th. The shares were sold at an average price of $109.57, for a total value of $2,127,411.12. Following the completion of the transaction, the chief executive officer owned 4,334,747 shares in the company, valued at approximately $474,958,228.79. This represents a 0.45% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 125,628 shares of company stock worth $13,690,065. 0.10% of the stock is currently owned by company insiders.

Walmart Price Performance

Shares of NASDAQ:WMT opened at $112.76 on Friday. The firm has a 50 day moving average of $108.66 and a 200-day moving average of $103.17. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $117.45. The company has a current ratio of 0.80, a quick ratio of 0.24 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $898.72 billion, a PE ratio of 39.43, a PEG ratio of 5.21 and a beta of 0.66.

Walmart (NASDAQ:WMT) last posted its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $175.15 billion. During the same quarter last year, the business posted $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. On average, equities research analysts predict that Walmart Inc. will post 2.55 EPS 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.