Reliant Investment Management LLC Raises Stake in Walmart Inc. $WMT

Reliant Investment Management LLC grew its holdings in Walmart Inc. (NASDAQ:WMT) by 612.9% in the third quarter, Holdings Channel.com reports. The institutional investor owned 58,385 shares of the retailer’s stock after acquiring an additional 50,195 shares during the quarter. Walmart comprises 2.3% of Reliant Investment Management LLC’s investment portfolio, making the stock its 24th largest holding. Reliant Investment Management LLC’s holdings in Walmart were worth $6,017,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in WMT. CWM LLC raised its stake in shares of Walmart by 24.2% during the third quarter. CWM LLC now owns 1,175,703 shares of the retailer’s stock worth $121,168,000 after purchasing an additional 229,220 shares during the last quarter. Neuberger Berman Group LLC increased its stake in Walmart by 0.8% in the 2nd quarter. Neuberger Berman Group LLC now owns 5,091,126 shares of the retailer’s stock valued at $497,771,000 after buying an additional 42,645 shares during the period. Aviva PLC raised its position in Walmart by 16.4% during the 2nd quarter. Aviva PLC now owns 3,833,720 shares of the retailer’s stock worth $374,861,000 after buying an additional 539,504 shares during the last quarter. Weatherly Asset Management L. P. lifted its stake in shares of Walmart by 7.0% in the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock worth $5,489,000 after acquiring an additional 3,696 shares during the period. Finally, Willis Johnson & Associates Inc. boosted its holdings in shares of Walmart by 76.6% in the second quarter. Willis Johnson & Associates Inc. now owns 42,626 shares of the retailer’s stock valued at $4,168,000 after acquiring an additional 18,485 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Performance

NASDAQ WMT opened at $114.53 on Monday. The business has a 50 day moving average price of $109.73 and a 200 day moving average price of $103.81. The company has a market capitalization of $912.82 billion, a P/E ratio of 40.05, a PEG ratio of 5.29 and a beta of 0.66. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $117.45. 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 (NASDAQ:WMT) last posted its 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. The company had revenue of $179.50 billion for the quarter, compared to analyst estimates of $175.15 billion. Walmart had a return on equity of 21.31% and a net margin of 3.26%.Walmart’s revenue was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Sell-side analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Buying and Selling at Walmart

In other news, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Thursday, October 16th. The shares were sold at an average price of $107.78, for a total transaction of $1,414,612.50. Following the completion of the transaction, the executive vice president directly owned 892,940 shares of the company’s stock, valued at $96,241,073.20. This trade represents a 1.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $101.63, for a total value of $406,520.00. Following the transaction, the executive vice president owned 1,040,455 shares of the company’s stock, valued at $105,741,441.65. This represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 125,628 shares of company stock valued at $13,690,065. Insiders own 0.10% of the company’s stock.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Barclays reiterated its Buy rating on WMT, reinforcing institutional confidence in Walmart’s outlook and supporting demand for the stock. Read More.
• Positive Sentiment: Mizuho raised its price target to $125 (from $115) and kept an Outperform/Overweight view, signaling upward analyst momentum that can boost buying interest. Read More.
• Positive Sentiment: Wells Fargo also lifted its target to $130 and remains constructive on Walmart, adding to the analyst support narrative behind the rally. Read More.
• Positive Sentiment: Walmart launched “Better Care Services,” a digital healthcare platform and lowered prices on some health items — a strategic push that could expand margins and services revenue over time. Analysts are re-assessing valuation with this new health push in mind. Read More.
• Positive Sentiment: Walmart added Shishir Mehrotra (ex-Grammarly/Superhuman) to its board — a governance move emphasizing AI and e‑commerce expertise that investors view as strengthening Walmart’s tech roadmap. Read More.
• Neutral Sentiment: Walmart launched a celebrity fashion line (Millie Bobby Brown) aimed at teens and young women — a branding/merchandising boost but likely modest near-term financial impact. Read More.
• Neutral Sentiment: Market coverage notes (Zacks, Kalkine, AmericanBankingNews) show elevated investor attention and a consensus “moderate buy,” which keeps the stock in focus but doesn’t single-handedly move fundamentals. Read More.
• Negative Sentiment: Amazon received approval to build a 225,000 sq ft Walmart-style supercenter near Chicago that would blend in-store shopping with fulfillment — a clear competitive threat to Walmart’s grocery and omnichannel footprint in key markets. Read More.
• Negative Sentiment: Deutsche Bank downgraded Walmart from Buy to Hold with a $119 target, signaling some analyst caution (limits upside relative to recent price moves) and adding selling pressure for more risk‑sensitive investors. Read More.

Analysts Set New Price Targets

Several research firms recently issued reports on WMT. DA Davidson set a $130.00 price target on shares of Walmart and gave the stock a “buy” rating in a report on Friday, November 21st. Sanford C. Bernstein reissued an “outperform” rating and set a $129.00 target price (up from $122.00) on shares of Walmart in a research note on Monday, January 5th. Mizuho set a $125.00 price target on Walmart and gave the company an “outperform” rating in a report on Monday, January 5th. JPMorgan Chase & Co. upped their price objective on Walmart from $128.00 to $129.00 and gave the stock an “overweight” rating in a report on Friday, November 21st. Finally, Guggenheim reiterated a “buy” rating and issued a $120.00 price objective (up previously from $115.00) on shares of Walmart in a research report on Friday, November 21st. Thirty-two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $122.37.

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.