Legacy Private Trust Co. Sells 4,702 Shares of Walmart Inc. $WMT

Legacy Private Trust Co. decreased its holdings in Walmart Inc. (NASDAQ:WMT) by 4.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 113,330 shares of the retailer’s stock after selling 4,702 shares during the period. Walmart comprises approximately 0.7% of Legacy Private Trust Co.’s holdings, making the stock its 23rd largest holding. Legacy Private Trust Co.’s holdings in Walmart were worth $12,626,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in WMT. Revolve Wealth Partners LLC grew its holdings in shares of Walmart by 1.0% in the third quarter. Revolve Wealth Partners LLC now owns 9,926 shares of the retailer’s stock worth $1,023,000 after purchasing an additional 96 shares during the last quarter. Meridian Wealth Partners LLC lifted its holdings in Walmart by 2.1% during the 2nd quarter. Meridian Wealth Partners LLC now owns 4,804 shares of the retailer’s stock valued at $470,000 after buying an additional 99 shares in the last quarter. Hemington Wealth Management lifted its holdings in Walmart by 1.8% during the 3rd quarter. Hemington Wealth Management now owns 5,695 shares of the retailer’s stock valued at $586,000 after buying an additional 99 shares in the last quarter. Boomfish Wealth Group LLC boosted its position in Walmart by 2.7% in the 3rd quarter. Boomfish Wealth Group LLC now owns 3,701 shares of the retailer’s stock valued at $381,000 after buying an additional 99 shares during the period. Finally, Bailard Inc. boosted its position in Walmart by 0.3% in the 3rd quarter. Bailard Inc. now owns 29,445 shares of the retailer’s stock valued at $3,035,000 after buying an additional 99 shares during the period. 26.76% of the stock is currently owned by institutional investors.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Growing AI narrative and modest analyst upside: coverage notes that Walmart’s AI investments (supply-chain, store ops) are reshaping its growth story and one valuation model nudged fair value slightly higher to ~$136, supporting longer-term upside. This bolsters bullish investor interest in WMT as a tech-enabled retailer. How Walmart (WMT) Is Rewriting Its Story With AI Hype And Valuation Questions
• Positive Sentiment: Analyst/technical support for defensive retail: coverage from Barron’s highlights Walmart alongside other defensive retail names on both technical and fundamental grounds, which can attract risk-off flows and relative-strength buyers in uncertain markets. Walmart, Ross Stores, and Other ‘Defensive’ Retail Stocks
• Positive Sentiment: Market narrative that Walmart is an AI play: features arguing Walmart (and Target) are meaningful AI plays could lift investor conviction around margin improvement and efficiency gains over time. Forget Chipmakers: Walmart and Target Are the Real AI Plays
• Neutral Sentiment: Higher-than-usual call buying: intraday activity showed a ~42% increase in call option volume, which signals bullish positioning but could be speculative or short-term. Watch whether this leads to sustained buying or just short-term gamma flow.
• Neutral Sentiment: CEO transition focus: commentary on managing and positioning around CEO transitions notes both risk and opportunity — transitions can create volatility but also potential strategic shifts. Investors should watch messaging and execution from leadership. How to Play 3 Major CEO Transitions in Early 2026 (WMT)
• Negative Sentiment: Insider selling by CEO: CEO John R. Furner sold 13,125 shares (~1.87% reduction in his position) in a disclosed SEC filing — insider sales can be interpreted negatively by some investors even if part of routine diversification. Insider Sale SEC Filing

Walmart Price Performance

Shares of WMT stock opened at $119.02 on Monday. The stock’s 50-day moving average is $124.08 and its 200 day moving average is $112.95. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $134.69. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.79 and a quick ratio of 0.24. The company has a market cap of $948.88 billion, a P/E ratio of 43.44, a PEG ratio of 4.43 and a beta of 0.66.

Walmart (NASDAQ:WMT) last announced its earnings results on Thursday, February 19th. The retailer reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.73 by $0.01. The business had revenue of $190.66 billion during the quarter, compared to the consensus estimate of $188.37 billion. Walmart had a net margin of 3.07% and a return on equity of 21.44%. The firm’s revenue was up 5.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.66 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. Research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 4th. Investors of record on Friday, December 11th will be paid a dividend of $0.2475 per share. This represents a $0.99 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, December 11th. Walmart’s payout ratio is 36.13%.

Insider Activity

In related news, EVP Christopher James Nicholas sold 34,082 shares of the stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $122.00, for a total transaction of $4,158,004.00. Following the completion of the sale, the executive vice president owned 533,466 shares of the company’s stock, valued at $65,082,852. This represents a 6.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction that occurred on Friday, December 26th. The shares were sold at an average price of $111.83, for a total transaction 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 approximately $482,583,689.39. This trade represents a 0.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 274,278 shares of company stock worth $33,605,809 over the last 90 days. 0.10% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

WMT has been the topic of a number of research reports. Roth Mkm reaffirmed a “buy” rating and set a $138.00 target price on shares of Walmart in a research report on Friday, February 20th. BTIG Research reiterated a “buy” rating and issued a $140.00 price target on shares of Walmart in a report on Friday, February 20th. Barclays reissued an “overweight” rating and issued a $125.00 price objective (up from $108.00) on shares of Walmart in a research note on Thursday, January 8th. Truist Financial raised their price objective on Walmart from $127.00 to $139.00 and gave the stock a “buy” rating in a report on Friday, February 20th. Finally, Argus raised Walmart to a “strong-buy” rating in a research report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Walmart has an average rating of “Moderate Buy” and an average price target of $135.76.

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.