MMA Asset Management LLC Increases Stock Position in Walmart Inc. $WMT

MMA Asset Management LLC grew its position in shares of Walmart Inc. (NASDAQ:WMT) by 120.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,570 shares of the retailer’s stock after purchasing an additional 4,140 shares during the period. MMA Asset Management LLC’s holdings in Walmart were worth $780,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. CWM LLC raised its position in shares of Walmart by 24.2% during the 3rd quarter. CWM LLC now owns 1,175,703 shares of the retailer’s stock valued at $121,168,000 after buying an additional 229,220 shares in the last quarter. Neuberger Berman Group LLC increased its stake in Walmart by 0.8% during the second quarter. Neuberger Berman Group LLC now owns 5,091,126 shares of the retailer’s stock worth $497,771,000 after acquiring an additional 42,645 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its position in Walmart by 16.6% during the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 63,782 shares of the retailer’s stock valued at $6,567,000 after purchasing an additional 9,061 shares during the period. Aviva PLC lifted its stake in shares of Walmart by 16.4% in the 2nd quarter. Aviva PLC now owns 3,833,720 shares of the retailer’s stock valued at $374,861,000 after purchasing an additional 539,504 shares during the last quarter. Finally, World Investment Advisors boosted its holdings in shares of Walmart by 5.2% in the 3rd quarter. World Investment Advisors now owns 293,866 shares of the retailer’s stock worth $30,286,000 after purchasing an additional 14,487 shares during the period. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Walmart Price Performance

Shares of WMT stock opened at $131.18 on Friday. The stock has a market capitalization of $1.05 trillion, a price-to-earnings ratio of 45.87, a P/E/G ratio of 4.85 and a beta of 0.65. 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 Inc. has a twelve month low of $79.81 and a twelve month high of $131.70. The stock has a fifty day simple moving average of $116.44 and a two-hundred day simple moving average of $107.07.

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

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. KeyCorp reaffirmed an “overweight” rating and set a $128.00 price objective on shares of Walmart in a research note on Wednesday, January 7th. UBS Group reaffirmed a “buy” rating and set a $135.00 price target on shares of Walmart in a research note on Friday, January 30th. Barclays reiterated an “overweight” rating and set a $125.00 price target (up from $108.00) on shares of Walmart in a report on Thursday, January 8th. Wells Fargo & Company reissued an “overweight” rating and issued a $130.00 price objective (up previously from $120.00) on shares of Walmart in a research note on Friday, December 19th. Finally, JPMorgan Chase & Co. upped their target price on Walmart from $128.00 to $129.00 and gave the company an “overweight” rating in a research note on Friday, November 21st. Thirty-two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $125.06.

Walmart News Roundup

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart joined the trillion‑dollar market‑cap club, boosting investor confidence that its investments in e‑commerce, tech and higher‑margin services are being rewarded. Walmart Trillion-Dollar Club (Fool)
• Positive Sentiment: Evidence of accelerating Walmart+ paid‑membership adoption supports a path to more recurring, higher‑margin revenue — a key part of the bull thesis. Walmart paid membership growth (Seeking Alpha)
• Positive Sentiment: Large institutional buying (e.g., Alecta boosting its stake) is a vote of confidence from some money managers and can support the stock at higher levels. Alecta boosts stake in Walmart (TipRanks)
• Positive Sentiment: Retail commentator Tim Bohen flagged Walmart among his “Big 3” long‑term AI/retail ideas, reinforcing positive retail investor narratives. The Big 3: BE, WMT, XPO (YouTube)
• Neutral Sentiment: Analyst coverage is tilted positive but consensus targets are near current prices; recent quarterly results beat estimates and FY‑26 EPS guidance is modest — upside now depends on continued execution. Zacks: Earnings ESP for retailers
• Negative Sentiment: Insider selling (EVP Donna Morris and others disclosed multi‑million dollar stock sales this week) can create short‑term selling pressure or be read as executives monetizing gains. Walmart insider selling (InsiderTrades)
• Negative Sentiment: Competitive risk from Amazon’s physical grocery/fulfillment push and Walmart’s elevated multiples mean any slowdown in sales or margin mix could trigger a pullback. Amazon grocery competition (Reuters)

Insider Activity at Walmart

In other news, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $104.75, for a total value of $1,374,843.75. Following the completion of the transaction, the executive vice president directly owned 879,815 shares of the company’s stock, valued at approximately $92,160,621.25. The trade was a 1.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP David Chojnowski sold 7,000 shares of the company’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $106.65, for a total value of $746,550.00. Following the sale, the senior vice president owned 136,289 shares of the company’s stock, valued at $14,535,221.85. This trade represents a 4.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 229,196 shares of company stock valued at $26,957,858 over the last quarter. 0.10% of the stock is owned by insiders.

Walmart 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.