Walmart Inc. $WMT Shares Sold by TD Private Client Wealth LLC

TD Private Client Wealth LLC lessened its stake in Walmart Inc. (NASDAQ:WMT) by 27.5% in the third quarter, Holdings Channel reports. The fund owned 64,675 shares of the retailer’s stock after selling 24,492 shares during the quarter. TD Private Client Wealth LLC’s holdings in Walmart were worth $6,665,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC grew its holdings in Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after purchasing an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in Walmart by 5.8% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after buying an additional 485 shares in the last quarter. Peterson Wealth Management lifted its holdings in Walmart by 3.5% in the 1st quarter. Peterson Wealth Management now owns 50,307 shares of the retailer’s stock worth $4,416,000 after buying an additional 1,715 shares in the last quarter. Jones Financial Companies Lllp boosted its position in Walmart by 40.5% in the 1st quarter. Jones Financial Companies Lllp now owns 461,806 shares of the retailer’s stock valued at $39,419,000 after buying an additional 133,134 shares during the last quarter. Finally, HBW Advisory Services LLC grew its stake in shares of Walmart by 25.6% during the second quarter. HBW Advisory Services LLC now owns 4,530 shares of the retailer’s stock valued at $443,000 after acquiring an additional 923 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Guggenheim reiterated a “buy” rating and issued a $120.00 price target (up previously from $115.00) on shares of Walmart in a research note on Friday, November 21st. Deutsche Bank Aktiengesellschaft downgraded Walmart from a “buy” rating to a “hold” rating and set a $119.00 price objective on the stock. in a report on Thursday, January 8th. Wall Street Zen raised Walmart from a “hold” rating to a “buy” rating in a research report on Saturday. Truist Financial set a $127.00 price target on shares of Walmart in a research report on Wednesday, December 17th. Finally, Mizuho set a $125.00 price target on shares of Walmart and gave the stock an “outperform” rating in a research note on Monday, January 5th. Thirty-two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $122.37.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Nasdaq‑100 inclusion — The confirmed inclusion in the Nasdaq‑100 is prompting index and ETF buying, which has been a primary driver of the recent jump in WMT shares and helped push the stock to record highs. Stock Market Today, Jan. 12: Walmart Jumps on Nasdaq 100 Inclusion
• Positive Sentiment: Google/Alphabet (Gemini) partnership — Walmart and Sam’s Club will be integrated into Google’s Gemini shopping experience (Universal Commerce Protocol), which can increase product discoverability and drive online sales and conversion over time. That strategic tie to a major AI platform underpins investor enthusiasm about Walmart’s tech transformation. Walmart and Google Turn AI Discovery Into Effortless Shopping Experiences
• Positive Sentiment: Drone delivery scale‑up — Walmart announced a rapid expansion of drone delivery to many more stores (hundreds), supporting faster last‑mile fulfillment and reinforcing its omnichannel capabilities. This is a constructive long‑term margin and customer‑experience story. Walmart Expanding Drone Delivery to Hundreds More Stores
• Positive Sentiment: Options and analyst support — Unusually large call‑option buying and a recent price‑target raise from Bernstein (keeps Outperform) signal bullish investor conviction and dealer positioning that can amplify upside. (Options activity: ~142k calls traded; Bernstein PT increase cited.)
• Neutral Sentiment: Walmart being reframed as a tech/omnichannel stock — Coverage and commentary (Investopedia, Barron’s, others) increasingly treat Walmart as a tech‑enabled retailer rather than a pure brick‑and‑mortar play. This perception helps multiples but also raises expectations for execution. Is Walmart a Tech Stock?
• Neutral Sentiment: Corporate/asset moves — Walmart‑backed fintech OnePay’s higher valuation and Sam’s Club membership trends are positives for ecosystem value but are incremental versus core top‑line drivers. Walmart Teams With Google to Promote ‘Agent‑Led Commerce’
• Negative Sentiment: Earnings‑estimate revision risk — Some analysts (Zacks) note that recent upward moves have outpaced earnings‑estimate momentum, and revisions could lag, which may limit how sustainably WMT can run without further fundamental beats. WMT Moves 3.0% Higher: Will This Strength Last?

Walmart Stock Performance

WMT stock opened at $117.97 on Tuesday. The stock’s 50 day simple moving average is $110.06 and its 200 day simple moving average is $103.96. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $118.84. The firm has a market cap of $940.24 billion, a P/E ratio of 41.25, a P/E/G ratio of 5.29 and a beta of 0.66. 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 released 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. 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 quarter in the previous year, the company posted $0.58 earnings per share. The firm’s revenue was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, equities research analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Insider Buying and Selling at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction dated Friday, November 28th. The shares were sold at an average price of $109.57, for a total transaction of $2,127,411.12. Following the completion of the sale, the chief executive officer owned 4,334,747 shares of the company’s stock, valued at $474,958,228.79. This represents a 0.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP David Chojnowski sold 7,000 shares of the stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $106.65, for a total transaction of $746,550.00. Following the sale, the senior vice president owned 136,289 shares in the company, valued at approximately $14,535,221.85. This trade represents a 4.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 125,628 shares of company stock valued at $13,690,065. Corporate insiders own 0.10% of the company’s stock.

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.