Walmart Inc. $WMT Shares Bought by Independent Advisor Alliance

Independent Advisor Alliance grew its position in Walmart Inc. (NASDAQ:WMT) by 1.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 331,784 shares of the retailer’s stock after purchasing an additional 5,338 shares during the period. Walmart makes up approximately 0.9% of Independent Advisor Alliance’s holdings, making the stock its 16th largest holding. Independent Advisor Alliance’s holdings in Walmart were worth $34,194,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WMT. Vanguard Group Inc. raised its stake in shares of Walmart by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock valued at $42,223,116,000 after purchasing an additional 5,856,468 shares in the last quarter. Geode Capital Management LLC increased its holdings in Walmart by 0.3% in the second quarter. Geode Capital Management LLC now owns 94,557,532 shares of the retailer’s stock valued at $9,199,712,000 after buying an additional 263,718 shares during the last quarter. Norges Bank acquired a new stake in Walmart during the second quarter valued at approximately $5,367,770,000. Ameriprise Financial Inc. lifted its holdings in Walmart by 3.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 31,973,329 shares of the retailer’s stock worth $3,126,775,000 after buying an additional 1,098,342 shares during the last quarter. Finally, Amundi grew its position in shares of Walmart by 23.5% in the 2nd quarter. Amundi now owns 19,493,644 shares of the retailer’s stock worth $1,902,775,000 after acquiring an additional 3,710,506 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Activity at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction dated Friday, December 26th. The shares were sold at an average price of $111.83, for a total value 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 $482,583,689.39. This represents a 0.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $114.91, for a total transaction of $1,508,193.75. Following the completion of the transaction, the executive vice president owned 733,841 shares of the company’s stock, valued at $84,325,669.31. This represents a 1.76% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 135,215 shares of company stock worth $15,304,608 in the last ninety days. 0.10% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

WMT has been the topic of several research reports. Robert W. Baird upped their price target on Walmart from $110.00 to $121.00 and gave the company an “outperform” rating in a research report on Friday, November 21st. Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a report on Wednesday, January 21st. The Goldman Sachs Group set a $121.00 price target on shares of Walmart and gave the company a “buy” rating in a report on Tuesday, January 13th. Piper Sandler reiterated an “overweight” rating and set a $123.00 price objective (up previously from $111.00) on shares of Walmart in a research note on Friday, November 21st. Finally, Deutsche Bank Aktiengesellschaft cut shares of Walmart from a “buy” rating to a “hold” rating and set a $119.00 target price on the stock. in a report on Thursday, January 8th. Thirty-two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $123.37.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Leadership change signals digital focus — John Furner will become CEO of Walmart Inc. on Feb. 1, a move markets interpret as a deliberate shift to accelerate Walmart’s digital footprint and omnichannel execution, which could support long‑term revenue and margin expansion. Walmart’s Choice for New CEO Signals Intent to Expand Digital Footprint
• Positive Sentiment: Scale and top-line strength — a recent review highlights Walmart generated roughly $681 billion in revenue in fiscal 2025 (about $1.87B/day), underscoring the company’s dominant scale that supports bargaining power, assortment investment, and steady cash flow. Walmart’s $611 Billion Annual Revenue: Breaking Down $1.7 Billion Per Day
• Positive Sentiment: Front‑line investment in pharmacy staff — Walmart is boosting pay and elevating about 3,000 pharmacy roles, which should help reduce turnover, improve service in a high‑margin category, and support healthcare strategy. That operational investment is viewed positively for execution and customer experience. Walmart boosting pay potential for pharmacy technicians, elevates 3,000 roles
• Neutral Sentiment: Competitive landscape remains intense — coverage highlights ongoing competition between Walmart and Amazon across grocery and healthcare, a reminder that pricing and logistics arms races could pressure margins even as Walmart scales services. Amazon, Walmart Fight War on 2 Fronts: Grocery and Healthcare
• Neutral Sentiment: Merchandising promotions — brands like Cate & Chloe are featuring product assortments on Walmart.com for seasonal gifting (Valentine’s), which supports e‑commerce assortment and marketing but is not material alone. Cate & Chloe Highlights Valentine’s Day Hoop Earrings Available at Walmart
• Neutral Sentiment: Broader retail PR and community efforts — unrelated consumer goods relief efforts (e.g., P&G storm relief) reflect sector-wide CSR activity; positive for brand but limited direct impact on Walmart’s near‑term financials. PROCTER & GAMBLE BRINGS RELIEF TO MISSISSIPPI RESIDENTS AFFECTED BY SEVERE WINTER STORM

Walmart Trading Up 1.5%

Walmart stock opened at $119.14 on Friday. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $121.62. The company has a quick ratio of 0.24, a current ratio of 0.80 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $949.57 billion, a price-to-earnings ratio of 41.66, a PEG ratio of 5.01 and a beta of 0.66. The firm has a 50-day moving average price of $114.48 and a two-hundred day moving average price of $106.03.

Walmart (NASDAQ:WMT) last released its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates 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 quarter in the previous year, the company posted $0.58 earnings per share. The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Sell-side analysts expect that Walmart Inc. will post 2.55 earnings per share for the current 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.