Walmart Inc. $WMT Shares Sold by Pitcairn Co.

Pitcairn Co. reduced its position in shares of Walmart Inc. (NASDAQ:WMT) by 18.2% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 24,802 shares of the retailer’s stock after selling 5,508 shares during the quarter. Pitcairn Co.’s holdings in Walmart were worth $2,556,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of WMT. Revolve Wealth Partners LLC boosted its stake in Walmart by 1.0% during the third quarter. Revolve Wealth Partners LLC now owns 9,926 shares of the retailer’s stock valued at $1,023,000 after buying an additional 96 shares in the last quarter. Atlas Legacy Advisors LLC raised its position in Walmart by 1.1% in the second quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock worth $851,000 after acquiring an additional 98 shares in the last quarter. Meridian Wealth Partners LLC lifted its holdings in Walmart by 2.1% in the 2nd quarter. Meridian Wealth Partners LLC now owns 4,804 shares of the retailer’s stock valued at $470,000 after acquiring an additional 99 shares during the last quarter. Hemington Wealth Management boosted its position in shares of Walmart by 1.8% during the 3rd quarter. Hemington Wealth Management now owns 5,695 shares of the retailer’s stock valued at $586,000 after purchasing an additional 99 shares in the last quarter. Finally, Boomfish Wealth Group LLC grew its stake in shares of 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 purchasing an additional 99 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Company fundamentals: Walmart’s recent quarter showed solid top‑line momentum and continued e‑commerce strength, supporting the long‑term retail story and giving investors reason to buy on weakness. Walmart vs. Target: Which Stock Is a Better Buy?
• Positive Sentiment: Potential upside from PhonePe: Reports that PhonePe (Walmart‑backed) is targeting a $9–10.5B IPO valuation could boost perceived value of Walmart’s international/fintech exposure. Exclusive: Walmart-backed PhonePe targets up to $10.5 billion valuation in India IPO, sources say
• Positive Sentiment: Store investment & partner recognition: Walmart opened a next‑generation Supercenter and suppliers (e.g., Scosche) are being recognized for strong partnership — signals that in‑store and supplier execution continue. Walmart Opens Next Generation Supercenter in The Villages, Highlights Florida‑Grown Products
• Positive Sentiment: Analyst support: Multiple firms maintain buy/overweight ratings and elevated price targets (median targets above current levels), giving a cushion for longer‑term holders. Tickerreport: Analyst updates
• Neutral Sentiment: Investor briefing material: Walmart’s Morgan Stanley TMT presentation transcript is out — useful for parsing tech/AI and fulfillment plans but contains no single market‑moving surprise. Walmart Inc. (WMT) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
• Negative Sentiment: Cautious guidance & regulatory settlement: Market reaction appears driven by a conservative forward outlook and renewed attention on a roughly $100M settlement tied to the Spark Driver delivery program — raises concerns about compliance costs and friction in the e‑commerce/delivery narrative. Walmart slides as cautious outlook and regulatory settlement weigh on sentiment
• Negative Sentiment: Insider selling disclosed: EVP John Rainey sold 20,000 shares (SEC filing), a modest signal that some insiders are trimming, which can amplify near‑term weakness even if economically immaterial. SEC Form 4 disclosure — John D. Rainey sale
• Negative Sentiment: Macro/trade risk: Analysis flags tariff and import exposure as a tangible margin risk given Walmart’s import footprint — a policy shock could hit costs and weigh on margins. Walmart: Navigating A Bumpy Tariff Environment
• Negative Sentiment: Competitive flow: Renewed enthusiasm for Target’s turnaround could pull discretionary retail allocations away from Walmart, pressuring relative performance. Target’s 2026 Turnaround: Analysts Bullish as Growth Returns

Walmart Trading Down 3.5%

NASDAQ WMT opened at $123.31 on Friday. The firm’s 50 day moving average price is $121.63 and its two-hundred day moving average price is $110.77. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.24 and a current ratio of 0.79. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $134.69. The stock has a market cap of $982.80 billion, a price-to-earnings ratio of 45.00, a PEG ratio of 4.76 and a beta of 0.66.

Walmart (NASDAQ:WMT) last issued its earnings results on Thursday, February 19th. The retailer reported $0.74 EPS for the quarter, topping the consensus estimate of $0.73 by $0.01. Walmart had a return on equity of 21.44% and a net margin of 3.07%.The business had revenue of $190.66 billion during the quarter, compared to analysts’ expectations of $188.37 billion. During the same quarter last year, the firm posted $0.66 earnings per share. Walmart’s revenue was up 5.6% compared to the same quarter last year. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. Equities analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Friday, December 11th will be issued a $0.2475 dividend. The ex-dividend date is Friday, December 11th. This represents a $0.99 dividend on an annualized basis and a dividend yield of 0.8%. Walmart’s dividend payout ratio is currently 36.13%.

Insiders Place Their Bets

In other Walmart news, Director C Douglas Mcmillon sold 19,416 shares of the stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $126.71, for a total value of $2,460,201.36. Following the completion of the sale, the director owned 4,023,209 shares in the company, valued at $509,780,812.39. This represents a 0.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Latriece Watkins sold 10,000 shares of Walmart stock in a transaction on Friday, February 20th. The shares were sold at an average price of $121.46, for a total transaction of $1,214,600.00. Following the sale, the executive vice president directly owned 108,294 shares of the company’s stock, valued at $13,153,389.24. This trade represents a 8.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 279,703 shares of company stock valued at $34,140,843 over the last ninety days. Insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

WMT has been the subject of several recent research reports. Sanford C. Bernstein reissued an “outperform” rating and set a $134.00 target price (up from $129.00) on shares of Walmart in a research note on Friday, February 20th. Telsey Advisory Group upped their price target on Walmart from $135.00 to $140.00 and gave the company an “outperform” rating in a report on Friday, February 20th. Piper Sandler reiterated an “overweight” rating on shares of Walmart in a research report on Tuesday, February 24th. Guggenheim reissued a “buy” rating and set a $120.00 price objective (up from $115.00) on shares of Walmart in a research note on Friday, November 21st. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Walmart in a research report on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $134.42.

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.