RKL Wealth Management LLC Reduces Stock Position in Walmart Inc. $WMT

Posted by Geri Gentry on Jul 4th, 2026

Walmart logo RKL Wealth Management LLC cut its stake in Walmart Inc. (NASDAQ:WMT – Free Report) by 15.0% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,712 shares of the retailer’s stock after selling 4,707 shares during the quarter. RKL Wealth Management LLC’s holdings in Walmart were worth $3,320,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Stegent Equity Advisors Inc. grew its holdings in shares of Walmart by 57.1% in the first quarter. Stegent Equity Advisors Inc. now owns 8,178 shares of the retailer’s stock worth $1,016,000 after acquiring an additional 2,972 shares during the period. Balentine LLC increased its position in Walmart by 2.7% during the first quarter. Balentine LLC now owns 8,000 shares of the retailer’s stock valued at $994,000 after acquiring an additional 209 shares during the last quarter. Secured Retirement Advisors LLC lifted its holdings in Walmart by 7.9% in the first quarter. Secured Retirement Advisors LLC now owns 19,111 shares of the retailer’s stock valued at $2,375,000 after acquiring an additional 1,406 shares during the period. Vertrix Wealth Management LLC purchased a new position in Walmart in the first quarter worth about $6,501,000. Finally, Whelan Financial boosted its position in Walmart by 5.0% in the first quarter. Whelan Financial now owns 5,754 shares of the retailer’s stock worth $715,000 after purchasing an additional 272 shares during the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Walmart

In other Walmart news, EVP Latriece Watkins sold 11,000 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $118.97, for a total value of $1,308,670.00. Following the completion of the transaction, the executive vice president directly owned 120,203 shares in the company, valued at $14,300,550.91. This represents a 8.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Daniel J. Bartlett sold 3,775 shares of the stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $109.64, for a total transaction of $413,891.00. Following the completion of the sale, the executive vice president directly owned 630,009 shares of the company’s stock, valued at approximately $69,074,186.76. This trade represents a 0.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 104,505 shares of company stock worth $12,858,514 in the last 90 days. Insiders own 0.09% of the company’s stock.

Walmart Stock Performance

Shares of WMT opened at $111.84 on Friday. The business has a 50-day simple moving average of $122.15 and a two-hundred day simple moving average of $122.07. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42. Walmart Inc. has a 52 week low of $94.23 and a 52 week high of $135.15. The stock has a market cap of $890.03 billion, a price-to-earnings ratio of 39.24, a PEG ratio of 4.17 and a beta of 0.60.

Walmart (NASDAQ:WMT – Get Free Report) last posted its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.66. The firm had revenue of $177.75 billion for the quarter, compared to analysts’ expectations of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The business’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.61 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. On average, analysts expect that Walmart Inc. will post 2.89 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Wolfe Research reaffirmed an “outperform” rating and set a $137.00 price target (up from $135.00) on shares of Walmart in a research report on Monday, May 11th. BTIG Research reissued a “buy” rating and issued a $145.00 price objective on shares of Walmart in a report on Wednesday, June 3rd. Raymond James Financial restated an “outperform” rating and set a $135.00 target price on shares of Walmart in a research report on Friday, March 6th. BMO Capital Markets restated an “outperform” rating on shares of Walmart in a research report on Friday, May 22nd. Finally, Guggenheim upped their target price on shares of Walmart from $120.00 to $137.00 and gave the company a “buy” rating in a report on Monday, April 13th. One analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $138.85.

Read Our Latest Research Report on Walmart

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

Positive Sentiment: Walmart is being viewed as a defensive winner in a cautious consumer environment, with commentary pointing to resilient grocery spending, strong omnichannel execution, and growth in advertising and membership revenue as reasons the stock could grind higher. Article Title
Positive Sentiment: Analysts remain broadly constructive on Walmart, and new commentary highlighted strong interest in the company’s Google AI partnership for “agentic shopping,” which could support future digital commerce growth and ecosystem monetization. Article Title
Positive Sentiment: Unusual options activity showed bullish positioning, with traders buying far more WMT call options than usual, suggesting some investors are betting on a rebound. Article Title
Neutral Sentiment: Wall Street continues to rate Walmart favorably overall, with several firms reiterating buy-equivalent ratings and an average price target above current levels, though not enough to fully offset recent valuation concerns.
Negative Sentiment: Investor concern remains over slowing U.S. comparable sales and the company’s reliance on price cuts and tariff refunds to manage inventory, which could pressure margins if the trend continues. Article Title
Negative Sentiment: Walmart EVP Daniel J. Bartlett sold 3,775 shares in a pre-arranged 10b5-1 transaction, a routine filing but still a small negative sentiment item for traders. Article Title

About Walmart

(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.