Walmart Inc. $WMT Shares Bought by Klingman & Associates LLC

Klingman & Associates LLC lifted its position in shares of Walmart Inc. (NASDAQ:WMT) by 99.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,433 shares of the retailer’s stock after buying an additional 10,174 shares during the period. Klingman & Associates LLC’s holdings in Walmart were worth $2,106,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. CWM LLC grew its position in Walmart by 24.2% in the 3rd quarter. CWM LLC now owns 1,175,703 shares of the retailer’s stock valued at $121,168,000 after acquiring an additional 229,220 shares in the last quarter. Neuberger Berman Group LLC grew its holdings in shares of Walmart by 0.8% in the second quarter. Neuberger Berman Group LLC now owns 5,091,126 shares of the retailer’s stock valued at $497,771,000 after purchasing an additional 42,645 shares in the last quarter. Aviva PLC increased its stake in Walmart by 16.4% during the 2nd quarter. Aviva PLC now owns 3,833,720 shares of the retailer’s stock worth $374,861,000 after buying an additional 539,504 shares during the period. Weatherly Asset Management L. P. lifted its holdings in Walmart by 7.0% during the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock worth $5,489,000 after buying an additional 3,696 shares in the last quarter. Finally, Willis Johnson & Associates Inc. boosted its position in Walmart by 76.6% in the 2nd quarter. Willis Johnson & Associates Inc. now owns 42,626 shares of the retailer’s stock valued at $4,168,000 after buying an additional 18,485 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart News Roundup

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 Ratings Changes

Several analysts have recently issued reports on the company. The Goldman Sachs Group set a $121.00 price objective on Walmart and gave the company a “buy” rating in a research note on Tuesday. Wells Fargo & Company reiterated an “overweight” rating and issued a $130.00 price objective (up previously from $120.00) on shares of Walmart in a research note on Friday, December 19th. Robert W. Baird boosted their price objective on Walmart from $110.00 to $121.00 and gave the stock an “outperform” rating in a research report on Friday, November 21st. BMO Capital Markets raised their target price on shares of Walmart from $110.00 to $125.00 and gave the company an “outperform” rating in a report on Friday, November 21st. Finally, DA Davidson set a $130.00 price target on shares of Walmart and gave the stock a “buy” rating in a report on Friday, November 21st. Thirty-two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $122.60.

Insider Activity at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction dated Friday, November 28th. The stock was 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 $474,958,228.79. This represents a 0.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Thursday, October 16th. The stock was sold at an average price of $107.78, for a total value of $1,414,612.50. Following the transaction, the executive vice president owned 892,940 shares in the company, valued at $96,241,073.20. This represents a 1.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 124,078 shares of company stock worth $13,523,502. Insiders own 0.10% of the company’s stock.

Walmart Stock Performance

Shares of Walmart stock opened at $120.36 on Wednesday. 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 Inc. has a 52 week low of $79.81 and a 52 week high of $120.51. The firm’s 50 day moving average is $110.42 and its two-hundred day moving average is $104.13. The firm has a market capitalization of $959.29 billion, a P/E ratio of 42.08, a P/E/G ratio of 5.03 and a beta of 0.66.

Walmart (NASDAQ:WMT) last issued its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) 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 analysts’ expectations of $175.15 billion. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The company’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.58 EPS. 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.

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.