Eastern Bank Has $109.14 Million Stock Holdings in Walmart Inc. $WMT

Eastern Bank lowered its position in shares of Walmart Inc. (NASDAQ:WMT) by 11.2% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,058,954 shares of the retailer’s stock after selling 132,945 shares during the quarter. Walmart comprises 1.9% of Eastern Bank’s holdings, making the stock its 13th biggest position. Eastern Bank’s holdings in Walmart were worth $109,136,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Kingstone Capital Partners Texas LLC increased its holdings in shares of Walmart by 397,264.9% during the second 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 period. Norges Bank acquired a new stake in Walmart during the second quarter worth approximately $5,367,770,000. Laurel Wealth Advisors LLC increased its stake in Walmart by 9,648.7% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 11,486,374 shares of the retailer’s stock worth $1,123,138,000 after acquiring an additional 11,368,549 shares during the period. Vanguard Group Inc. increased its stake in Walmart by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock worth $42,223,116,000 after acquiring an additional 5,856,468 shares during the period. Finally, Amundi raised its holdings in Walmart by 23.5% in the 2nd 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 in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Nasdaq-100 inclusion should trigger index and ETF buying and has been cited as a primary reason for recent upside in WMT shares. Walmart Stock Gaining Steam Ahead of Debut on Nasdaq-100
• Positive Sentiment: Partnership with Google/Alphabet to integrate Walmart and Sam’s Club assortments into Gemini AI (agent‑led commerce) boosts WMT’s e‑commerce credibility and long‑term growth narrative. Walmart Stock Jumps on Google AI Partnership
• Positive Sentiment: Drone delivery expansion to ~150 locations accelerates last‑mile capabilities and shows execution on cost and service improvements that investors reward. Walmart Drone Delivery Service Surges
• Positive Sentiment: Unusually large call‑option activity and a disclosed insider buy (Shishir Mehrotra acquired about $93k of WMT) suggest speculative and insider confidence in near‑term upside. Shishir Mehrotra’s Recent Buy: Acquires $93K In Walmart Stock
• Neutral Sentiment: Positive media/analyst commentary (e.g., Jim Cramer) highlights management execution and merchandising improvements, supporting sentiment but not necessarily changing fundamentals. Jim Cramer on Walmart CEO
• Neutral Sentiment: Macro piece on rotation to value argues consumer staples (including Walmart) are beneficiaries of a shift away from high‑duration tech, which is supportive but depends on broader rate/Fed developments. Tech Wreck or Valuation Reset? Rotating to Value in 2026
• Negative Sentiment: Critical takes argue Walmart may be overvalued after the run and that some holders are trimming — investor caution on multiples could cap further gains. Walmart Is Overvalued – I’ve Just Sold My Shares
• Negative Sentiment: Forbes and other outlets highlight what could push WMT lower (macro risk, margin pressure, execution missteps); these reminders add caution for more risk‑averse investors. What Can Send Walmart Stock Price Down?

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on WMT. BTIG Research reissued a “buy” rating and set a $125.00 target price (up from $120.00) on shares of Walmart in a report on Friday, November 21st. Weiss Ratings reiterated a “buy (b)” rating on shares of Walmart in a research note on Wednesday, October 8th. The Goldman Sachs Group set a $121.00 target price on shares of Walmart and gave the company a “buy” rating in a research report on Tuesday. Barclays reaffirmed an “overweight” rating and set a $125.00 price target (up previously from $108.00) on shares of Walmart in a report on Thursday, January 8th. Finally, Guggenheim reissued a “buy” rating and issued a $120.00 price objective (up from $115.00) on shares of Walmart in a research note on Friday, November 21st. Thirty-two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Walmart has an average rating of “Moderate Buy” and a consensus target price of $122.60.

Insider Buying and Selling at Walmart

In other news, EVP Daniel J. Bartlett sold 1,425 shares of the business’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $117.00, for a total transaction of $166,725.00. Following the sale, the executive vice president directly owned 641,363 shares in the company, valued at approximately $75,039,471. The trade was a 0.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP John D. Rainey sold 2,200 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $111.23, for a total transaction of $244,706.00. Following the completion of the transaction, the executive vice president owned 617,318 shares of the company’s stock, valued at approximately $68,664,281.14. This trade represents a 0.36% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 124,078 shares of company stock worth $13,523,502 over the last three months. 0.10% of the stock is owned by corporate insiders.

Walmart Trading Up 2.0%

Shares of Walmart stock opened at $120.36 on Wednesday. The firm’s 50 day moving average is $110.42 and its 200 day moving average is $104.13. The firm has a market capitalization of $959.29 billion, a PE ratio of 42.08, a price-to-earnings-growth ratio of 5.03 and a beta of 0.66. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $120.51. The company has a current ratio of 0.80, a quick ratio of 0.24 and a debt-to-equity ratio of 0.39.

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

About Walmart

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.