Walmart Inc. $WMT Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. lessened its holdings in Walmart Inc. (NASDAQ:WMT) by 1.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,318,278 shares of the retailer’s stock after selling 178,987 shares during the period. Walmart accounts for approximately 0.7% of Sumitomo Mitsui Trust Group Inc.’s portfolio, making the stock its 20th largest holding. Sumitomo Mitsui Trust Group Inc. owned approximately 0.14% of Walmart worth $1,166,462,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Access Investment Management LLC purchased a new position in Walmart during the second quarter worth $26,000. PFS Partners LLC boosted its stake in shares of Walmart by 267.8% during the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after purchasing an additional 233 shares during the last quarter. Roble Belko & Company Inc grew its holdings in shares of Walmart by 212.6% during the third quarter. Roble Belko & Company Inc now owns 322 shares of the retailer’s stock worth $33,000 after buying an additional 219 shares in the last quarter. Ridgewood Investments LLC raised its position in shares of Walmart by 55.3% in the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after buying an additional 115 shares during the last quarter. Finally, Livelsberger Financial Advisory purchased a new position in shares of Walmart during the second quarter valued at approximately $44,000. 26.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

WMT has been the topic of a number of recent analyst reports. Wells Fargo & Company reissued an “overweight” rating and set a $130.00 price target (up previously from $120.00) on shares of Walmart in a research note on Friday, December 19th. Deutsche Bank Aktiengesellschaft lowered Walmart from a “buy” rating to a “hold” rating and set a $119.00 price target on the stock. in a research note on Thursday. Guggenheim reaffirmed a “buy” rating and set a $120.00 price objective (up previously from $115.00) on shares of Walmart in a research note on Friday, November 21st. BTIG Research restated a “buy” rating and issued a $125.00 target price (up from $120.00) on shares of Walmart in a report on Friday, November 21st. Finally, Evercore ISI set a $120.00 price target on shares of Walmart and gave the stock an “outperform” rating in a research note on Tuesday, December 16th. Thirty-two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $122.37.

Insider Activity

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $101.63, for a total value of $406,520.00. Following the completion of the transaction, the executive vice president owned 1,040,455 shares of the company’s stock, valued at approximately $105,741,441.65. This represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction that occurred on Friday, November 28th. The shares were sold at an average price of $109.57, for a total value of $2,127,411.12. Following the completion of the transaction, the chief executive officer directly owned 4,334,747 shares in the company, valued at approximately $474,958,228.79. The trade was a 0.45% 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 worth $13,690,065. 0.10% of the stock is owned by corporate insiders.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart announced a direct integration with Google’s Gemini using the Universal Commerce Protocol to allow shoppers to discover and buy Walmart and Sam’s Club items inside Gemini — this expands Walmart’s digital distribution and could boost online sales and traffic. Walmart and Google Turn AI Discovery Into Effortless Shopping Experiences
• Positive Sentiment: Multiple outlets report the Google tie-up (Gemini) will make Walmart’s assortment available inside AI chat interfaces — increasing customer touchpoints and reducing friction for discovery-to-purchase. This follows Walmart’s earlier ChatGPT/OpenAI work, reinforcing its AI commerce strategy. Walmart teams up with Google’s Gemini to make it easier for shoppers to find and buy products
• Positive Sentiment: Bernstein raised its WMT price target to $129 (from $122) and kept an Outperform rating, citing stronger 2026 consumer spending — analyst upgrades can attract buyers and lift sentiment. Bernstein Raises Walmart (WMT) Price Target on 2026 Consumer Spending Expectations
• Positive Sentiment: Walmart plans to expand drone delivery to ~270 stores by the end of next year — faster last-mile delivery can lower costs, improve service and support e‑commerce growth. Walmart Expanding Drone Delivery to Hundreds More Stores
• Positive Sentiment: OnePay, a Walmart-backed fintech, repurchased employee shares and is now reportedly valued at ~$4B (up from $2.5B in 2024) — this boosts the potential value of Walmart’s fintech ecosystem and signals investor/private-market confidence. Walmart’s OnePay Employee Share Repurchase Hints at $4 Billion Valuation
• Neutral Sentiment: Walmart is set to replace AstraZeneca on the Nasdaq‑100 (effective Jan. 20) — index inclusion generally brings passive inflows but is a one‑time rebalancing effect rather than ongoing operational improvement. Walmart to replace AstraZeneca on Nasdaq 100 effective Jan. 20

Walmart Price Performance

WMT opened at $114.53 on Monday. 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 company has a market cap of $912.82 billion, a P/E ratio of 40.05, a P/E/G ratio of 5.29 and a beta of 0.66. The company has a 50 day moving average of $109.73 and a two-hundred day moving average of $103.81. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $117.45.

Walmart (NASDAQ:WMT) last issued its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. The company had revenue of $179.50 billion for the quarter, compared to analysts’ expectations of $175.15 billion. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The firm’s quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

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.