Walmart Inc. $WMT Stake Lessened by Pictet Asset Management Holding SA

Posted by George Bondi on Jun 30th, 2026

Walmart logo Pictet Asset Management Holding SA cut its stake in Walmart Inc. (NASDAQ:WMT – Free Report) by 4.2% during the 1st quarter, HoldingsChannel reports. The fund owned 2,137,933 shares of the retailer’s stock after selling 93,794 shares during the period. Pictet Asset Management Holding SA’s holdings in Walmart were worth $265,696,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Yoder Wealth Management Inc. increased its position in shares of Walmart by 7.3% in the 1st quarter. Yoder Wealth Management Inc. now owns 2,749 shares of the retailer’s stock worth $342,000 after purchasing an additional 188 shares during the last quarter. Traveka Wealth LLC grew its stake in Walmart by 1.6% in the first quarter. Traveka Wealth LLC now owns 7,891 shares of the retailer’s stock worth $981,000 after purchasing an additional 128 shares in the last quarter. Realta Investment Advisors increased its holdings in Walmart by 2.0% in the first quarter. Realta Investment Advisors now owns 4,089 shares of the retailer’s stock valued at $508,000 after buying an additional 81 shares during the last quarter. Union Bancaire Privee UBP SA raised its stake in Walmart by 253.3% during the first quarter. Union Bancaire Privee UBP SA now owns 384,034 shares of the retailer’s stock valued at $47,728,000 after buying an additional 275,337 shares in the last quarter. Finally, Sterling Capital Management LLC grew its position in shares of Walmart by 18.1% in the 1st quarter. Sterling Capital Management LLC now owns 82,900 shares of the retailer’s stock worth $10,303,000 after acquiring an additional 12,709 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Price Performance

NASDAQ WMT opened at $114.60 on Tuesday. Walmart Inc. has a 12 month low of $94.23 and a 12 month high of $135.15. The firm has a market capitalization of $912.00 billion, a PE ratio of 40.21, a P/E/G ratio of 4.31 and a beta of 0.60. The company’s 50 day simple moving average is $123.54 and its 200 day simple moving average is $122.22. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.23.

Walmart (NASDAQ:WMT – Get Free Report) last released its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.66. The firm had revenue of $177.75 billion during the quarter, compared to the consensus estimate of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.61 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. As a group, equities research analysts forecast that Walmart Inc. will post 2.89 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $118.63, for a total transaction of $2,303,320.08. Following the transaction, the director directly owned 4,174,579 shares of the company’s stock, valued at $495,230,306.77. The trade was a 0.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Latriece Watkins sold 11,000 shares of the business’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $118.97, for a total transaction of $1,308,670.00. Following the completion of the sale, the executive vice president owned 120,203 shares in the company, valued at approximately $14,300,550.91. This trade represents a 8.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 100,730 shares of company stock worth $12,444,624. 0.09% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on WMT shares. Craig Hallum set a $150.00 price target on Walmart in a research report on Friday, March 6th. Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a report on Monday, April 20th. Guggenheim lifted their price target on shares of Walmart from $120.00 to $137.00 and gave the company a “buy” rating in a report on Monday, April 13th. Piper Sandler reiterated an “overweight” rating on shares of Walmart in a research note on Monday, June 8th. Finally, KeyCorp reissued an “overweight” rating on shares of Walmart in a report on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Walmart currently has an average rating of “Moderate Buy” and an average price target of $138.85.

Get Our Latest Stock Analysis on WMT

Walmart Profile

(Free Report)

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.