TD Private Client Wealth LLC Decreases Stock Position in Walmart Inc. $WMT

TD Private Client Wealth LLC reduced its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 27.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,675 shares of the retailer’s stock after selling 24,492 shares during the quarter. TD Private Client Wealth LLC’s holdings in Walmart were worth $6,665,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Access Investment Management LLC acquired a new position in shares of Walmart during the 2nd quarter worth approximately $26,000. PFS Partners LLC increased its position in Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after buying an additional 233 shares in the last quarter. Roble Belko & Company Inc increased its position in Walmart by 212.6% during the third quarter. Roble Belko & Company Inc now owns 322 shares of the retailer’s stock worth $33,000 after buying an additional 219 shares in the last quarter. Ridgewood Investments LLC raised its holdings in shares of Walmart by 55.3% in the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after acquiring an additional 115 shares during the last quarter. Finally, Livelsberger Financial Advisory purchased a new stake in shares of Walmart in the second quarter valued at $44,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Activity at Walmart

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction on Friday, December 19th. The shares were sold at an average price of $115.21, for a total value of $460,840.00. Following the completion of the sale, the executive vice president owned 1,031,455 shares of the company’s stock, valued at $118,833,930.55. This represents a 0.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the firm’s stock in a transaction on Monday, December 1st. The shares were 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 directly owned 617,318 shares in the company, valued at approximately $68,664,281.14. This represents a 0.36% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 125,628 shares of company stock valued at $13,690,065 over the last quarter. Company insiders own 0.10% of the company’s stock.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Nasdaq‑100 inclusion — The confirmed inclusion in the Nasdaq‑100 is prompting index and ETF buying, which has been a primary driver of the recent jump in WMT shares and helped push the stock to record highs. Stock Market Today, Jan. 12: Walmart Jumps on Nasdaq 100 Inclusion
• Positive Sentiment: Google/Alphabet (Gemini) partnership — Walmart and Sam’s Club will be integrated into Google’s Gemini shopping experience (Universal Commerce Protocol), which can increase product discoverability and drive online sales and conversion over time. That strategic tie to a major AI platform underpins investor enthusiasm about Walmart’s tech transformation. Walmart and Google Turn AI Discovery Into Effortless Shopping Experiences
• Positive Sentiment: Drone delivery scale‑up — Walmart announced a rapid expansion of drone delivery to many more stores (hundreds), supporting faster last‑mile fulfillment and reinforcing its omnichannel capabilities. This is a constructive long‑term margin and customer‑experience story. Walmart Expanding Drone Delivery to Hundreds More Stores
• Positive Sentiment: Options and analyst support — Unusually large call‑option buying and a recent price‑target raise from Bernstein (keeps Outperform) signal bullish investor conviction and dealer positioning that can amplify upside. (Options activity: ~142k calls traded; Bernstein PT increase cited.)
• Neutral Sentiment: Walmart being reframed as a tech/omnichannel stock — Coverage and commentary (Investopedia, Barron’s, others) increasingly treat Walmart as a tech‑enabled retailer rather than a pure brick‑and‑mortar play. This perception helps multiples but also raises expectations for execution. Is Walmart a Tech Stock?
• Neutral Sentiment: Corporate/asset moves — Walmart‑backed fintech OnePay’s higher valuation and Sam’s Club membership trends are positives for ecosystem value but are incremental versus core top‑line drivers. Walmart Teams With Google to Promote ‘Agent‑Led Commerce’
• Negative Sentiment: Earnings‑estimate revision risk — Some analysts (Zacks) note that recent upward moves have outpaced earnings‑estimate momentum, and revisions could lag, which may limit how sustainably WMT can run without further fundamental beats. WMT Moves 3.0% Higher: Will This Strength Last?

Walmart Price Performance

WMT stock opened at $117.97 on Tuesday. The company has a market cap of $940.24 billion, a PE ratio of 41.25, a price-to-earnings-growth ratio of 5.29 and a beta of 0.66. The company has a current ratio of 0.80, a quick ratio of 0.24 and a debt-to-equity ratio of 0.39. The stock has a 50-day moving average price of $110.06 and a two-hundred day moving average price of $103.96. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $118.84.

Walmart (NASDAQ:WMT) last released 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. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The business had revenue of $179.50 billion for the quarter, compared to analyst estimates of $175.15 billion. During the same period in the previous year, the company posted $0.58 EPS. The company’s revenue was up 5.8% compared to the same quarter last year. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, research analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on WMT shares. Telsey Advisory Group reissued an “outperform” rating and issued a $135.00 target price on shares of Walmart in a research note on Wednesday, December 17th. Oppenheimer reiterated an “outperform” rating and set a $125.00 price target (up from $115.00) on shares of Walmart in a report on Thursday. Deutsche Bank Aktiengesellschaft downgraded shares of Walmart from a “buy” rating to a “hold” rating and set a $119.00 price objective on the stock. in a research note on Thursday, January 8th. Evercore ISI set a $120.00 target price on shares of Walmart and gave the stock an “outperform” rating in a research report on Tuesday, December 16th. Finally, Truist Financial set a $127.00 price target on Walmart in a report on Wednesday, December 17th. Thirty-two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $122.37.

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.