Plimoth Trust Co. LLC Buys 5,761 Shares of Walmart Inc. $WMT

Plimoth Trust Co. LLC lifted its holdings in Walmart Inc. (NASDAQ:WMT) by 7.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 78,647 shares of the retailer’s stock after buying an additional 5,761 shares during the quarter. Walmart makes up about 1.5% of Plimoth Trust Co. LLC’s holdings, making the stock its 13th biggest holding. Plimoth Trust Co. LLC’s holdings in Walmart were worth $8,173,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. State Street Corp boosted its holdings in Walmart by 1.1% in the second quarter. State Street Corp now owns 188,036,646 shares of the retailer’s stock worth $21,297,031,000 after acquiring an additional 2,107,781 shares in the last quarter. Bank of America Corp DE purchased a new stake in shares of Walmart in the second quarter worth $7,455,131,000. Bank of New York Mellon Corp grew its stake in shares of Walmart by 6.4% in the first quarter. Bank of New York Mellon Corp now owns 28,142,040 shares of the retailer’s stock worth $3,497,493,000 after acquiring an additional 1,681,353 shares during the last quarter. Legal & General Group Plc bought a new position in shares of Walmart during the second quarter valued at $2,905,655,000. Finally, Amundi increased its holdings in shares of Walmart by 44.4% during the second quarter. Amundi now owns 20,796,957 shares of the retailer’s stock valued at $2,355,463,000 after acquiring an additional 6,393,326 shares in the last quarter. 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: Holiday event could support near-term sales. Walmart announced three major holiday shopping events, giving investors a potential catalyst for stronger seasonal traffic, e-commerce activity and market-share gains. The upbeat outlook is particularly important because WMT’s valuation already reflects substantial future growth. Walmart Just Announced Its Triple Holiday Event
• Positive Sentiment: AI and e-commerce initiatives could expand digital growth. Walmart is joining Meta’s AI-commerce push and is developing agent-based shopping tools intended to improve product discovery, personalization and customer engagement. Analysts also see continued e-commerce momentum as a driver of longer-term growth. Can Walmart’s AI Strategy Unlock the Next Phase of Digital Growth?
• Positive Sentiment: New services broaden Walmart’s ecosystem. Lower-cost delivery partnerships with Subway, Dunkin’ and Papa John’s, expanded Better Care Services, and an exclusive Affirm buy-now-pay-later arrangement at Sam’s Club could increase customer convenience, engagement and recurring transaction opportunities ahead of the holidays. Walmart Makes Sam’s Club Its Exclusive Buy Now Pay Later Checkout Option
• Neutral Sentiment: Trading data offers limited directional information. A report lists short interest at zero shares and a zero-day days-to-cover ratio, which may indicate a data-quality issue rather than a meaningful change in investor positioning. Walmart also lined up U.S. and Canadian debt issuance, potentially supporting funding needs but increasing leverage.
• Negative Sentiment: Valuation and investor selling are key risks. WMT’s reported P/E near 42 and PEG ratio above 4 leave limited room for execution disappointments. Michael Burry said he may sell, reduce or donate long-held positions whose valuations appear stretched, potentially adding sentiment pressure. Michael Burry Eyes the Exit on Walmart

Walmart Price Performance

Shares of NASDAQ:WMT opened at $120.29 on Tuesday. The firm has a market cap of $954.35 billion, a price-to-earnings ratio of 43.43, a P/E/G ratio of 4.33 and a beta of 0.58. The firm has a fifty day moving average price of $109.43 and a 200 day moving average price of $118.25. Walmart Inc. has a fifty-two week low of $98.88 and a fifty-two week high of $135.15. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.23 and a current ratio of 0.77.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.07. The company had revenue of $187.94 billion during the quarter, compared to the consensus estimate of $186.64 billion. Walmart had a return on equity of 21.83% and a net margin of 3.00%. Walmart’s revenue was up 5.9% on a year-over-year basis. During the same period last year, the company earned $0.68 earnings per share. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. As a group, sell-side analysts expect that Walmart Inc. will post 2.88 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on WMT shares. Tigress Financial reiterated a “buy” rating and set a $155.00 price target on shares of Walmart in a report on Monday, August 31st. Sanford C. Bernstein restated an “outperform” rating on shares of Walmart in a report on Friday, August 21st. Evercore reaffirmed an “outperform” rating on shares of Walmart in a research report on Tuesday, October 20th. Robert W. Baird cut their target price on Walmart from $140.00 to $120.00 and set an “outperform” rating on the stock in a research note on Friday, August 21st. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $120.00 target price on shares of Walmart in a report on Friday, August 21st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $132.41.

Insider Transactions at Walmart

In related news, EVP Christopher Nicholas sold 2,900 shares of the firm’s stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $120.60, for a total transaction of $349,740.00. Following the completion of the sale, the executive vice president directly owned 563,353 shares of the company’s stock, valued at approximately $67,940,371.80. This trade represents a 0.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Latriece Watkins sold 5,000 shares of the company’s stock in a transaction on Wednesday, October 14th. The shares were sold at an average price of $115.00, for a total value of $575,000.00. Following the completion of the transaction, the executive vice president directly owned 110,432 shares in the company, valued at $12,699,680. This trade represents a 4.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 102,244 shares of company stock valued at $11,112,044. Company insiders own 0.09% of the company’s stock.

Walmart Company Profile

Walmart Inc (NASDAQ:WMT) operates a global retail business through a network of supercenters, supermarkets, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its stores and websites sell a broad assortment of merchandise, including groceries, consumables, health and wellness products, apparel, electronics, home goods, toys and other general merchandise.

The company organizes its operations into Walmart U.S., Walmart International and Sam’s Club U.S. Walmart U.S.