Walmart Inc. $WMT Shares Sold by Kornitzer Capital Management Inc. KS

Kornitzer Capital Management Inc. KS cut its holdings in Walmart Inc. (NASDAQ:WMT) by 1.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 519,304 shares of the retailer’s stock after selling 6,972 shares during the period. Walmart accounts for about 1.1% of Kornitzer Capital Management Inc. KS’s holdings, making the stock its 20th biggest position. Kornitzer Capital Management Inc. KS’s holdings in Walmart were worth $53,519,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC grew its holdings in shares of Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after purchasing an additional 21,939 shares during the period. Revolve Wealth Partners LLC lifted its position in Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after buying an additional 485 shares in the last quarter. Peterson Wealth Management grew its stake in Walmart by 3.5% during the first 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 during the period. Sivia Capital Partners LLC grew its stake in Walmart by 0.9% during the second quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer’s stock worth $1,272,000 after buying an additional 116 shares during the period. Finally, Charles Schwab Trust Co increased its position in shares of Walmart by 2.4% in the second quarter. Charles Schwab Trust Co now owns 20,775 shares of the retailer’s stock worth $2,031,000 after acquiring an additional 483 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Transactions at Walmart

In other Walmart news, SVP David Chojnowski sold 7,000 shares of the business’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $106.65, for a total transaction of $746,550.00. Following the completion of 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Donna Morris sold 9,384 shares of the firm’s stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $120.19, for a total transaction of $1,127,862.96. Following the completion of the transaction, the executive vice president owned 536,312 shares in the company, valued at approximately $64,459,339.28. The trade was a 1.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 135,215 shares of company stock valued at $15,304,608 over the last quarter. Insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on WMT. TD Cowen reissued a “buy” rating on shares of Walmart in a research report on Wednesday, January 14th. Royal Bank Of Canada reiterated an “outperform” rating and set a $126.00 target price (up from $123.00) on shares of Walmart in a report on Wednesday, January 14th. Morgan Stanley restated an “overweight” rating and issued a $135.00 price target (up previously from $125.00) on shares of Walmart in a report on Thursday, January 15th. Evercore ISI set a $120.00 target price on shares of Walmart and gave the company an “outperform” rating in a research note on Tuesday, December 16th. Finally, DA Davidson set a $130.00 price target on shares of Walmart and gave the stock a “buy” rating in a research note on Friday, November 21st. Thirty-two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $123.20.

Walmart Stock Performance

Shares of WMT stock opened at $117.64 on Tuesday. The stock has a market capitalization of $937.61 billion, a price-to-earnings ratio of 41.13, a PEG ratio of 5.02 and a beta of 0.66. Walmart Inc. has a one year low of $79.81 and a one year high of $121.62. The company’s 50-day simple moving average is $113.36 and its 200-day simple moving average is $105.47. 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 (NASDAQ:WMT) last announced its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.02. The firm 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%.Walmart’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Equities analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: MarketBeat argues Walmart is rallying because core fundamentals (advertising growth, automation, e‑commerce gains), dividend durability and institutional buying are outweighing recent insider sales — a bullish narrative supporting higher valuation. Why Walmart Continues to Rally While Executives Sell the Stock
• Positive Sentiment: Zacks upgraded WMT to a Rank #2 (Buy), signaling improving earnings expectations and giving the stock near-term analyst-driven support. Walmart (WMT) Upgraded to Buy: What Does It Mean for the Stock?
• Positive Sentiment: Analyst commentary and educational pieces (Zacks, MSN) reiterate Walmart’s long‑term value case — trade‑down resilience, consistent dividend increases and a pivot toward higher‑margin ad/tech revenue that can justify a premium multiple. Why Walmart (WMT) is a Top Value Stock for the Long-Term
• Neutral Sentiment: Benzinga flags elevated options activity — this can indicate directional bets or hedging by traders but is ambiguous until large, persistent positioning is confirmed. Decoding Walmart’s Options Activity: What’s the Big Picture?
• Neutral Sentiment: Personal finance pieces (Yahoo/MSN/Fool) highlighting long‑term returns and Walmart vs. Target comparisons keep retail investors focused on WMT as a defensive, stable holding; these stories support steady demand but are unlikely to cause big near‑term moves. If You Invested $1000 in Walmart a Decade Ago, This is How Much It’d Be Worth Now
• Neutral Sentiment: Articles that summarize broker commentary remind investors that sell‑side ratings and writeups can nudge flows, but the market reaction depends on conviction and breadth of analyst changes. Brokers Suggest Investing in Walmart (WMT): Read This Before Placing a Bet
• Negative Sentiment: Insider selling is the main bearish headline: CEO Doug McMillon sold ~19,416 shares (~$2.3M) and other execs have sold recently — this can spook retail investors even if it’s explained by leadership transition or diversification. Insider Selling: Walmart (NASDAQ:WMT) CEO Sells $2,313,804.72 in Stock C Douglas Mcmillon Sells 19,416 Shares of Walmart (NASDAQ:WMT) Stock

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.