NewEdge Wealth LLC Trims Position in Walmart Inc. $WMT

Posted by George Bondi on Jul 23rd, 2026

Walmart logo NewEdge Wealth LLC decreased its stake in shares of Walmart Inc. (NASDAQ:WMT – Free Report) by 19.0% in the first quarter, HoldingsChannel reports. The institutional investor owned 146,287 shares of the retailer’s stock after selling 34,234 shares during the period. NewEdge Wealth LLC’s holdings in Walmart were worth $18,181,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. MFA Wealth Services increased its position in shares of Walmart by 0.7% during the first quarter. MFA Wealth Services now owns 10,909 shares of the retailer’s stock worth $1,356,000 after acquiring an additional 80 shares during the period. Realta Investment Advisors raised its stake in shares of Walmart by 2.0% during the first quarter. Realta Investment Advisors now owns 4,089 shares of the retailer’s stock valued at $508,000 after acquiring an additional 81 shares in the last quarter. Compton Financial Group LLC boosted its holdings in shares of Walmart by 4.1% in the first quarter. Compton Financial Group LLC now owns 2,081 shares of the retailer’s stock valued at $259,000 after purchasing an additional 82 shares during the period. Renaissance Group LLC boosted its holdings in shares of Walmart by 0.9% in the fourth quarter. Renaissance Group LLC now owns 9,636 shares of the retailer’s stock valued at $1,074,000 after purchasing an additional 83 shares during the period. Finally, Calton & Associates Inc. grew its stake in Walmart by 0.3% in the fourth quarter. Calton & Associates Inc. now owns 27,220 shares of the retailer’s stock worth $3,033,000 after purchasing an additional 84 shares in 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 David W. Guggina sold 11,978 shares of the stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the completion of the sale, the executive vice president directly owned 125,067 shares of the company’s stock, valued at approximately $14,985,527.94. This represents a 8.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel J. Bartlett sold 3,775 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The shares were 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 owned 630,009 shares in the company, valued at $69,074,186.76. This represents a 0.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 67,729 shares of company stock valued at $8,124,931 over the last 90 days. Company insiders own 0.09% of the company’s stock.

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

Positive Sentiment: RBC reaffirmed an outperform rating on Walmart and set a $137 price target, signaling meaningful upside from current levels and helping support sentiment. Benzinga report on RBC rating reaffirmation
Positive Sentiment: Walmart is being described as a solid growth stock, with articles citing above-average financial growth and positioning that could help it outperform the market. Zacks growth stock article
Positive Sentiment: Walmart partnered with ReturnPro to refurbish and resell returned items, a move that could improve e-commerce margins, recover value from returns, and reduce waste. Yahoo Finance ReturnPro partnership article

Walmart Stock Performance

Shares of NASDAQ:WMT opened at $109.33 on Thursday. The firm has a 50 day moving average of $117.67 and a 200 day moving average of $122.09. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $870.06 billion, a price-to-earnings ratio of 38.36, a price-to-earnings-growth ratio of 4.12 and a beta of 0.60. Walmart Inc. has a 52 week low of $95.29 and a 52 week high of $135.15.

Walmart (NASDAQ:WMT – Get Free Report) last announced its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.66. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The business had revenue of $177.75 billion for the quarter, compared to analysts’ expectations of $174.84 billion. During the same quarter last year, the firm earned $0.61 EPS. The business’s revenue for the quarter was up 7.4% on a year-over-year basis. 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, sell-side analysts predict that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have commented on the company. BNP Paribas Exane reduced their price objective on Walmart from $147.00 to $146.00 and set an “outperform” rating on the stock in a report on Friday, May 22nd. Royal Bank Of Canada reissued an “outperform” rating and set a $137.00 price target on shares of Walmart in a research report on Wednesday. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a research note on Friday, July 17th. Sanford C. Bernstein restated an “outperform” rating on shares of Walmart in a report on Monday, June 8th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $145.00 price objective on shares of Walmart in a research note on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Walmart presently has an average rating of “Moderate Buy” and a consensus target price of $138.85.

Check Out Our Latest Analysis on Walmart

Walmart Company 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.