Nova R Wealth Inc. Lowers Stake in Walmart Inc. $WMT

Nova R Wealth Inc. lessened its stake in Walmart Inc. (NASDAQ:WMT) by 81.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,154 shares of the retailer’s stock after selling 17,786 shares during the period. Nova R Wealth Inc.’s holdings in Walmart were worth $428,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Access Investment Management LLC bought a new stake in shares of Walmart during the second quarter valued at approximately $26,000. PFS Partners LLC lifted its stake in shares of Walmart by 267.8% during the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after purchasing an additional 233 shares during the last quarter. Ridgewood Investments LLC lifted its position in shares of Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after buying an additional 115 shares during the last quarter. Livelsberger Financial Advisory acquired a new stake in Walmart in the second quarter valued at approximately $44,000. Finally, Harbor Asset Planning Inc. purchased a new stake in shares of Walmart during the 2nd quarter valued at $46,000. Institutional investors own 26.76% of the company’s stock.

Walmart Stock Up 1.3%

Shares of WMT stock opened at $114.53 on Friday. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $117.45. The stock has a market cap of $912.82 billion, a P/E ratio of 40.05, a P/E/G ratio of 5.22 and a beta of 0.66. The stock has a 50 day moving average of $109.73 and a 200 day moving average of $103.73. 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 (NASDAQ:WMT) last issued its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The business had revenue of $179.50 billion for the quarter, compared to analysts’ expectations of $175.15 billion. During the same quarter last year, the company earned $0.58 EPS. The business’s revenue was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, sell-side analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have commented on WMT. JPMorgan Chase & Co. increased their price target on Walmart from $128.00 to $129.00 and gave the company an “overweight” rating in a research note on Friday, November 21st. UBS Group set a $130.00 price objective on shares of Walmart in a research note on Wednesday, December 3rd. Wells Fargo & Company reissued an “overweight” rating and issued a $130.00 target price (up from $120.00) on shares of Walmart in a research report on Friday, December 19th. Sanford C. Bernstein reissued an “outperform” rating and issued a $129.00 price objective (up from $122.00) on shares of Walmart in a report on Monday. Finally, Deutsche Bank Aktiengesellschaft downgraded Walmart from a “buy” rating to a “hold” rating and set a $119.00 target price for the company. in a report on Thursday. Thirty-two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $122.37.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Barclays reiterated its Buy rating on WMT, reinforcing institutional confidence in Walmart’s outlook and supporting demand for the stock. Read More.
• Positive Sentiment: Mizuho raised its price target to $125 (from $115) and kept an Outperform/Overweight view, signaling upward analyst momentum that can boost buying interest. Read More.
• Positive Sentiment: Wells Fargo also lifted its target to $130 and remains constructive on Walmart, adding to the analyst support narrative behind the rally. Read More.
• Positive Sentiment: Walmart launched “Better Care Services,” a digital healthcare platform and lowered prices on some health items — a strategic push that could expand margins and services revenue over time. Analysts are re-assessing valuation with this new health push in mind. Read More.
• Positive Sentiment: Walmart added Shishir Mehrotra (ex-Grammarly/Superhuman) to its board — a governance move emphasizing AI and e‑commerce expertise that investors view as strengthening Walmart’s tech roadmap. Read More.
• Neutral Sentiment: Walmart launched a celebrity fashion line (Millie Bobby Brown) aimed at teens and young women — a branding/merchandising boost but likely modest near-term financial impact. Read More.
• Neutral Sentiment: Market coverage notes (Zacks, Kalkine, AmericanBankingNews) show elevated investor attention and a consensus “moderate buy,” which keeps the stock in focus but doesn’t single-handedly move fundamentals. Read More.
• Negative Sentiment: Amazon received approval to build a 225,000 sq ft Walmart-style supercenter near Chicago that would blend in-store shopping with fulfillment — a clear competitive threat to Walmart’s grocery and omnichannel footprint in key markets. Read More.
• Negative Sentiment: Deutsche Bank downgraded Walmart from Buy to Hold with a $119 target, signaling some analyst caution (limits upside relative to recent price moves) and adding selling pressure for more risk‑sensitive investors. Read More.

Insider Activity

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction dated Friday, November 28th. The shares were sold at an average price of $109.57, for a total value of $2,127,411.12. Following the completion of the transaction, the chief executive officer owned 4,334,747 shares in the company, valued at approximately $474,958,228.79. This represents a 0.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction dated Thursday, October 16th. The stock was sold at an average price of $107.78, for a total transaction of $1,414,612.50. Following the sale, the executive vice president directly owned 892,940 shares in the company, valued at approximately $96,241,073.20. The trade was a 1.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 125,628 shares of company stock worth $13,690,065 over the last three months. Corporate insiders own 0.10% of the company’s stock.

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.