Assetmark Inc. Has $33.81 Million Holdings in Walmart Inc. $WMT

Assetmark Inc. grew its stake in shares of Walmart Inc. (NASDAQ:WMT) by 7.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 328,072 shares of the retailer’s stock after buying an additional 22,332 shares during the period. Assetmark Inc.’s holdings in Walmart were worth $33,811,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Revolve Wealth Partners LLC increased its position in shares of Walmart by 1.0% during the third quarter. Revolve Wealth Partners LLC now owns 9,926 shares of the retailer’s stock worth $1,023,000 after acquiring an additional 96 shares in the last quarter. Atlas Legacy Advisors LLC raised its stake in shares of Walmart by 1.1% in the 2nd quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock valued at $851,000 after purchasing an additional 98 shares during the period. Meridian Wealth Partners LLC lifted its holdings in shares of Walmart by 2.1% in the second quarter. Meridian Wealth Partners LLC now owns 4,804 shares of the retailer’s stock valued at $470,000 after purchasing an additional 99 shares in the last quarter. Hemington Wealth Management boosted its position in shares of Walmart by 1.8% during the third quarter. Hemington Wealth Management now owns 5,695 shares of the retailer’s stock worth $586,000 after buying an additional 99 shares during the period. Finally, Boomfish Wealth Group LLC grew its stake in shares of Walmart by 2.7% during the 3rd quarter. Boomfish Wealth Group LLC now owns 3,701 shares of the retailer’s stock worth $381,000 after acquiring an additional 99 shares in the last quarter. 26.76% of the stock is owned by institutional investors.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Oppenheimer raised its price target to $140 and kept an Outperform stance, citing a solid Q4 outlook — this helped underpin investor optimism. Oppenheimer price target increased
• Positive Sentiment: Coverage-driven buying: reports noted WMT trading higher after analyst upgrades, which can attract short-term flows ahead of earnings. Walmart trading higher after upgrade
• Positive Sentiment: Telsey Advisory reaffirmed an Outperform and set a $135 target, reinforcing the buy-side narrative that execution improvements (esp. e‑commerce/AI) justify support. Telsey reaffirmation
• Neutral Sentiment: Analyst projections and previews (Zacks) suggest key metrics point to a likely beat on some lines, but they highlight modest growth — expectations are elevated going into Q4. Zacks analyst projections
• Neutral Sentiment: Walmart will host its Q4 earnings call on Feb. 19 — this event is the immediate catalyst for volatility as investors weigh AI-driven margin commentary against guidance. Earnings call announcement
• Neutral Sentiment: PRIMECAP trimmed its stake slightly — notable as an institutional action but not large enough to indicate a major shift in ownership stance. PRIMECAP trims stake
• Neutral Sentiment: Market commentary (Reuters) frames Walmart amid broader AI-driven volatility — investors are watchful for any guidance or AI-related execution risks discussed on the call. Wall St week ahead
• Negative Sentiment: A Seeking Alpha piece downgraded WMT, arguing the stock trades at a rich ~50x blended P/E despite execution gains from AI — valuation concerns could cap upside if growth disappoints. Seeking Alpha downgrade
• Negative Sentiment: Estée Lauder filed suit alleging counterfeit products sold via Walmart’s marketplace — potential reputational, legal, and marketplace-control implications that investors will watch closely. Estée Lauder sues Walmart

Walmart Trading Up 0.2%

Shares of WMT stock opened at $133.89 on Friday. The stock has a 50 day simple moving average of $118.11 and a two-hundred day simple moving average of $108.25. The company has a market cap of $1.07 trillion, a P/E ratio of 46.81, a PEG ratio of 5.11 and a beta of 0.65. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.24 and a current ratio of 0.80. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $134.65.

Walmart (NASDAQ:WMT) last posted its quarterly 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. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The firm had revenue of $179.50 billion during the quarter, compared to the consensus estimate of $175.15 billion. During the same period in the previous year, the firm posted $0.58 earnings per share. The business’s revenue was up 5.8% compared to the same quarter last year. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Buying and Selling at Walmart

In other news, EVP Donna Morris sold 76,181 shares of the company’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $123.79, for a total value of $9,430,445.99. Following the completion of the transaction, the executive vice president directly owned 402,072 shares of the company’s stock, valued at $49,772,492.88. This represents a 15.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP David Chojnowski sold 7,000 shares of Walmart stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $106.65, for a total value of $746,550.00. Following the sale, the senior vice president owned 136,289 shares in the company, valued at $14,535,221.85. The trade was a 4.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 229,196 shares of company stock valued at $26,957,858 in the last quarter. 0.10% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms recently issued reports on WMT. Jefferies Financial Group reaffirmed a “buy” rating and issued a $132.00 target price on shares of Walmart in a research report on Tuesday, February 3rd. Robert W. Baird upped their price target on shares of Walmart from $110.00 to $121.00 and gave the company an “outperform” rating in a research note on Friday, November 21st. Tigress Financial lifted their target price on Walmart from $130.00 to $135.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. Wall Street Zen cut Walmart from a “buy” rating to a “hold” rating in a research report on Sunday, January 18th. Finally, Citigroup reiterated a “buy” rating and set a $147.00 price target (up previously from $120.00) on shares of Walmart in a research report on Thursday, February 5th. Thirty-two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and an average target price of $127.74.

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.