Adell Harriman & Carpenter Inc. Increases Holdings in Walmart Inc. $WMT

Adell Harriman & Carpenter Inc. grew its holdings in Walmart Inc. (NASDAQ:WMT) by 5.2% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 174,730 shares of the retailer’s stock after acquiring an additional 8,608 shares during the quarter. Walmart comprises 1.1% of Adell Harriman & Carpenter Inc.’s investment portfolio, making the stock its 27th biggest holding. Adell Harriman & Carpenter Inc.’s holdings in Walmart were worth $18,008,000 as of its most recent SEC filing.

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

Insider Activity

In other news, EVP Daniel Danker sold 4,365 shares of the company’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $120.19, for a total transaction of $524,629.35. Following the completion of the transaction, the executive vice president owned 238,583 shares of the company’s stock, valued at $28,675,290.77. This represents a 1.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP John D. Rainey sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $122.27, for a total transaction of $2,445,400.00. Following the transaction, the executive vice president directly owned 506,764 shares of the company’s stock, valued at $61,962,034.28. This trade represents a 3.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 153,015 shares of company stock valued at $17,527,412 in the last 90 days. Insiders own 0.10% of the company’s stock.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart hit a historic >$1 trillion market capitalization as shares rose on enthusiasm for e‑commerce growth, AI integration and strategic investments that have shifted investor perception toward a tech-enabled retailer. Walmart cracks into the $1 trillion club
• Positive Sentiment: Leadership continuity: John Furner’s promotion to CEO (internal hire with a long Walmart track record) reduces execution risk associated with a management transition and reassures investors focused on continuing the company’s digital transformation. Walmart Names New CEO
• Positive Sentiment: Walmart+ membership is accelerating (reported ~28.4M members, double‑digit growth), supporting recurring revenue and higher-margin services that help justify a premium valuation. Walmart+ Paid Membership Growth
• Neutral Sentiment: Analyst coverage is broadly positive (many Buy/Moderate Buy ratings), but consensus 12‑month targets are not far above current levels—suggesting limited near‑term upside in some models. Analyst Ratings
• Neutral Sentiment: Walmart’s defensive retail positioning and status as a Dividend King make it attractive in a sector rotation into staples; that supports steady investor demand but limits rapid re‑rating potential. Dividend stock context
• Negative Sentiment: Competitive pressure: Amazon’s ongoing acceleration of same‑ and next‑day delivery raises the bar on fulfillment speed and could force Walmart to increase investments that compress margins. Amazon delivery pressure
• Negative Sentiment: Valuation risk: Walmart now trades at elevated multiples (high P/E and PEG), so the stock’s upside depends on continued execution; a slowdown in same‑store sales or margin mix could trigger a pullback.

Analysts Set New Price Targets

WMT has been the subject of several research analyst reports. Tigress Financial raised their target price on shares of Walmart from $130.00 to $135.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Wells Fargo & Company reiterated an “overweight” rating and set a $130.00 price target (up previously from $120.00) on shares of Walmart in a research note on Friday, December 19th. Telsey Advisory Group restated an “outperform” rating and issued a $135.00 price objective on shares of Walmart in a research note on Wednesday, January 14th. Piper Sandler reaffirmed an “overweight” rating and issued a $130.00 target price (up from $123.00) on shares of Walmart in a report on Tuesday. Finally, KeyCorp reiterated an “overweight” rating and set a $128.00 target price on shares of Walmart in a research note on Wednesday, January 7th. Thirty-two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $124.19.

Walmart Stock Up 2.9%

WMT opened at $127.71 on Wednesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.24 and a current ratio of 0.80. The company has a market cap of $1.02 trillion, a price-to-earnings ratio of 44.65, a PEG ratio of 4.71 and a beta of 0.65. Walmart Inc. has a one year low of $79.81 and a one year high of $128.16. The business’s fifty day moving average is $115.30 and its two-hundred day moving average is $106.54.

Walmart (NASDAQ:WMT) last released its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, beating the consensus estimate of $0.60 by $0.02. The business had revenue of $179.50 billion for 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 company’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

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.