Walmart Inc. $WMT Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. cut its position in shares of Walmart Inc. (NASDAQ:WMT) by 1.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 11,318,278 shares of the retailer’s stock after selling 178,987 shares during the period. Walmart accounts for 0.7% of Sumitomo Mitsui Trust Group Inc.’s investment portfolio, making the stock its 20th biggest position. Sumitomo Mitsui Trust Group Inc.’s holdings in Walmart were worth $1,166,462,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Access Investment Management LLC bought a new stake in shares of Walmart during the 2nd quarter valued at about $26,000. PFS Partners LLC boosted its stake in Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after acquiring an additional 233 shares during the period. Ridgewood Investments LLC grew its holdings 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 purchasing an additional 115 shares during the last quarter. Roble Belko & Company Inc raised its position in shares of Walmart by 212.6% during the 3rd quarter. Roble Belko & Company Inc now owns 322 shares of the retailer’s stock worth $33,000 after purchasing an additional 219 shares during the period. Finally, Livelsberger Financial Advisory bought a new stake in shares of Walmart in the 2nd quarter worth approximately $44,000. Institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction that occurred on Friday, December 26th. The shares were sold at an average price of $111.83, for a total transaction of $2,171,291.28. Following the completion of the sale, the chief executive officer directly owned 4,315,333 shares in the company, valued at approximately $482,583,689.39. This trade represents a 0.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $111.23, for a total transaction of $244,706.00. Following the completion of the transaction, the executive vice president owned 617,318 shares in the company, valued at approximately $68,664,281.14. This trade represents a 0.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 125,628 shares of company stock valued at $13,690,065. Corporate insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Cowen reaffirmed a “buy” rating on shares of Walmart in a research report on Tuesday, December 9th. Wall Street Zen upgraded shares of Walmart from a “hold” rating to a “buy” rating in a research report on Saturday. Deutsche Bank Aktiengesellschaft cut shares of Walmart from a “buy” rating to a “hold” rating and set a $119.00 target price for the company. in a research report on Thursday. BMO Capital Markets lifted their price target on Walmart from $110.00 to $125.00 and gave the company an “outperform” rating in a report on Friday, November 21st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Walmart in a research report on Wednesday, October 8th. Thirty-two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $122.37.

Walmart Stock Performance

Shares of NASDAQ WMT opened at $114.53 on Monday. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $117.45. The firm has a market cap of $912.82 billion, a P/E ratio of 40.05, a PEG ratio of 5.29 and a beta of 0.66. The stock has a fifty day moving average price of $109.73 and a two-hundred day moving average price of $103.81. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.24 and a current ratio of 0.80.

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

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart announced a direct integration with Google’s Gemini using the Universal Commerce Protocol to allow shoppers to discover and buy Walmart and Sam’s Club items inside Gemini — this expands Walmart’s digital distribution and could boost online sales and traffic. Walmart and Google Turn AI Discovery Into Effortless Shopping Experiences
• Positive Sentiment: Multiple outlets report the Google tie-up (Gemini) will make Walmart’s assortment available inside AI chat interfaces — increasing customer touchpoints and reducing friction for discovery-to-purchase. This follows Walmart’s earlier ChatGPT/OpenAI work, reinforcing its AI commerce strategy. Walmart teams up with Google’s Gemini to make it easier for shoppers to find and buy products
• Positive Sentiment: Bernstein raised its WMT price target to $129 (from $122) and kept an Outperform rating, citing stronger 2026 consumer spending — analyst upgrades can attract buyers and lift sentiment. Bernstein Raises Walmart (WMT) Price Target on 2026 Consumer Spending Expectations
• Positive Sentiment: Walmart plans to expand drone delivery to ~270 stores by the end of next year — faster last-mile delivery can lower costs, improve service and support e‑commerce growth. Walmart Expanding Drone Delivery to Hundreds More Stores
• Positive Sentiment: OnePay, a Walmart-backed fintech, repurchased employee shares and is now reportedly valued at ~$4B (up from $2.5B in 2024) — this boosts the potential value of Walmart’s fintech ecosystem and signals investor/private-market confidence. Walmart’s OnePay Employee Share Repurchase Hints at $4 Billion Valuation
• Neutral Sentiment: Walmart is set to replace AstraZeneca on the Nasdaq‑100 (effective Jan. 20) — index inclusion generally brings passive inflows but is a one‑time rebalancing effect rather than ongoing operational improvement. Walmart to replace AstraZeneca on Nasdaq 100 effective Jan. 20

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.