Walmart Inc. $WMT Shares Sold by Pullen Investment Management LLC

Pullen Investment Management LLC decreased its holdings in Walmart Inc. (NASDAQ:WMT) by 46.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 5,339 shares of the retailer’s stock after selling 4,633 shares during the quarter. Pullen Investment Management LLC’s holdings in Walmart were worth $550,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of WMT. Summa Corp. boosted its stake in shares of Walmart by 1.6% during the 3rd quarter. Summa Corp. now owns 15,571 shares of the retailer’s stock worth $1,605,000 after acquiring an additional 251 shares in the last quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH lifted its holdings in shares of Walmart by 1.0% during the third quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 52,415 shares of the retailer’s stock valued at $5,402,000 after purchasing an additional 510 shares during the last quarter. Manning & Napier Advisors LLC acquired a new position in shares of Walmart in the 3rd quarter valued at $39,000. Global Wealth Management Investment Advisory Inc. boosted its position in shares of Walmart by 2.0% in the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 48,383 shares of the retailer’s stock valued at $4,986,000 after purchasing an additional 930 shares during the period. Finally, Plan Group Financial LLC increased its stake in Walmart by 10.5% in the 3rd quarter. Plan Group Financial LLC now owns 23,035 shares of the retailer’s stock worth $2,374,000 after purchasing an additional 2,191 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Up 2.0%

WMT stock opened at $120.36 on Wednesday. The company has a 50 day moving average of $110.42 and a two-hundred day moving average of $104.13. The company has a market cap of $959.29 billion, a price-to-earnings ratio of 42.08, a PEG ratio of 5.03 and a beta of 0.66. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $120.51. The company has a quick ratio of 0.24, a current ratio of 0.80 and a debt-to-equity ratio of 0.39.

Walmart (NASDAQ:WMT) last posted 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. 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 period in the previous year, the company posted $0.58 EPS. Walmart’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. On average, equities analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Transactions at Walmart

In other news, EVP John R. Furner sold 13,125 shares of the firm’s 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 completion of the sale, the executive vice president directly owned 892,940 shares of the company’s stock, valued at $96,241,073.20. This trade represents a 1.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 4,334,747 shares of the company’s stock, valued at approximately $474,958,228.79. The trade was a 0.45% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 124,078 shares of company stock valued at $13,523,502. 0.10% of the stock is currently owned by company insiders.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Goldman highlights upside to Walmart’s sales as AI integrations start to show results; the report frames AI (Google Gemini + ChatGPT) tie‑ups as revenue catalysts that could lift e‑commerce sales and margins. Walmart’s AI push with Google Gemini and ChatGPT is starting to pay off: Goldman flags sales upside ahead
• Positive Sentiment: Partnerships with Alphabet (Google/Gemini) and expanded drone deliveries position Walmart to improve search/checkout conversion and last‑mile economics—directly supporting digital sales growth. Walmart Partners With Alphabet On New A.I. Shopping Platform
• Positive Sentiment: Inclusion in the Nasdaq‑100 is mechanically attracting index and ETF flows and has helped drive recent record highs, reinforcing momentum and institutional interest. Walmart Stock Gaining Steam Ahead of Debut on Nasdaq-100
• Positive Sentiment: Industry research notes Walmart is closing the online gap with Amazon — faster structural change in its omnichannel model supports a sustainable e‑commerce tailwind. Walmart’s Closing the Amazon Online Sales Gap
• Positive Sentiment: Insider buying (Shishir Mehrotra purchased roughly $93K of WMT shares) and unusually large call‑option volume signal bullish conviction from some insiders and traders. Shishir Mehrotra’s Recent Buy: Acquires $93K In Walmart Stock
• Neutral Sentiment: Market commentary about a rotation into value names frames Walmart as a defensive beneficiary (steady cash flow, dividend) if growth stocks face rate‑sensitivity headwinds. Tech Wreck or Valuation Reset? Rotating to Value in 2026
• Negative Sentiment: Valuation concerns: some analysts and retail commentators argue WMT looks rich (high P/E relative to staples history) and have trimmed or sold positions, which could cap upside if macro growth slows. Walmart Is Overvalued – I’ve Just Sold My Shares (Rating Downgrade)
• Negative Sentiment: Macro and execution risks remain (Fed/rates uncertainty, competition, margin pressure); commentators outline scenarios that could pull WMT lower if e‑commerce investments don’t accelerate margin gains. What Can Send Walmart Stock Price Down?

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. BTIG Research reiterated a “buy” rating and issued a $125.00 target price (up from $120.00) on shares of Walmart in a report on Friday, November 21st. Tigress Financial raised their price objective on shares of Walmart from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. Morgan Stanley reiterated an “overweight” rating and set a $125.00 price objective (up from $115.00) on shares of Walmart in a research report on Friday, November 21st. Cowen reissued a “buy” rating on shares of Walmart in a research note on Tuesday, December 9th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Walmart in a research report on Tuesday, December 9th. Thirty-two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $122.60.

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.