Mutual of America Capital Management LLC Sells 20,393 Shares of Walmart Inc. $WMT

Mutual of America Capital Management LLC cut its stake in Walmart Inc. (NASDAQ:WMT) by 4.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 492,141 shares of the retailer’s stock after selling 20,393 shares during the quarter. Walmart accounts for about 0.5% of Mutual of America Capital Management LLC’s portfolio, making the stock its 19th biggest position. Mutual of America Capital Management LLC’s holdings in Walmart were worth $50,720,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Revolve Wealth Partners LLC boosted its holdings in Walmart by 1.0% during the 3rd quarter. Revolve Wealth Partners LLC now owns 9,926 shares of the retailer’s stock worth $1,023,000 after acquiring an additional 96 shares during the last quarter. Atlas Legacy Advisors LLC raised its holdings in shares of Walmart by 1.1% in the 2nd quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock worth $851,000 after purchasing an additional 98 shares during the period. Meridian Wealth Partners LLC lifted its position in shares of 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 during the last quarter. Hemington Wealth Management boosted its position in Walmart by 1.8% during the third quarter. Hemington Wealth Management now owns 5,695 shares of the retailer’s stock worth $586,000 after purchasing an additional 99 shares during the period. Finally, Boomfish Wealth Group LLC boosted its holdings in Walmart by 2.7% in the 3rd quarter. Boomfish Wealth Group LLC now owns 3,701 shares of the retailer’s stock worth $381,000 after buying an additional 99 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart News Roundup

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Tigress Financial raised its price target on WMT from $130 to $135 and kept a “buy” rating, implying roughly a mid-teens upside vs. current levels — a catalyst that can attract momentum and fund flows. Tigress price target raise
• Neutral Sentiment: Coverage pieces from Zacks highlight WMT as a growth/retail pick and promote using their Earnings ESP tool to find potential upside ahead of quarters — these pieces can bolster investor interest but are promotional rather than firm-moving. Zacks Earnings ESP article
• Neutral Sentiment: Another Zacks piece profiles Walmart as a “strong growth stock” using its style scores — supportive for longer-term investor narratives but unlikely to move the stock materially on its own. Zacks growth profile
• Neutral Sentiment: A Yahoo video piece outlines three priorities for Walmart’s CEO to maintain momentum — useful context on management focus that may shape execution expectations but not an immediate market mover. Yahoo CEO priorities video
• Negative Sentiment: CEO C. Douglas McMillon sold 19,416 shares for about $2.31M (reported 1/22). The sale reduced his stake by ~0.45% — a modest ownership decline but an optics negative that can weigh on sentiment when combined with near-term weakness. SEC Form 4: McMillon sale
• Negative Sentiment: Market reports note recent short-term share weakness (a daily slide reported on 1/22). That intraday/short-term weakness can amplify selling even as fundamentals remain intact. Zacks: stock slides

Analysts Set New Price Targets

A number of research firms recently weighed in on WMT. Telsey Advisory Group reaffirmed an “outperform” rating and set a $135.00 target price on shares of Walmart in a report on Wednesday, January 14th. Evercore ISI set a $120.00 target price on Walmart and gave the stock an “outperform” rating in a research report on Tuesday, December 16th. Mizuho set a $125.00 price objective on Walmart and gave the company an “outperform” rating in a research report on Monday, January 5th. BMO Capital Markets reissued an “outperform” rating on shares of Walmart in a research report on Wednesday, January 14th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $125.00 target price (up from $115.00) on shares of Walmart in a research report on Thursday, January 8th. Thirty-two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Walmart has an average rating of “Moderate Buy” and an average price target of $123.20.

Insider Buying and Selling

In related news, EVP Daniel Danker sold 4,365 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $120.19, for a total transaction of $524,629.35. Following the completion of the sale, the executive vice president directly owned 238,583 shares in the company, valued at approximately $28,675,290.77. The trade was a 1.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $119.99, for a total transaction of $1,574,868.75. Following the completion of the transaction, the executive vice president directly owned 727,155 shares in the company, valued at $87,251,328.45. This trade represents a 1.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 135,215 shares of company stock worth $15,304,608 over the last ninety days. Company insiders own 0.10% of the company’s stock.

Walmart Price Performance

NASDAQ:WMT opened at $117.73 on Monday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24. The business has a 50 day simple moving average of $113.07 and a 200-day simple moving average of $105.31. The firm has a market capitalization of $938.33 billion, a price-to-earnings ratio of 41.16, a PEG ratio of 5.02 and a beta of 0.66. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $121.62.

Walmart (NASDAQ:WMT) last released its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.02. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The business had revenue of $179.50 billion during the quarter, compared to the consensus estimate of $175.15 billion. During the same period last year, the company earned $0.58 earnings per share. The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Equities analysts forecast that Walmart Inc. will post 2.55 EPS 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.