Walmart Inc. $WMT Stock Holdings Lessened by Sumitomo Mitsui Trust Group Inc.

Posted by Geri Gentry on Nov 1st, 2026

Walmart logo Sumitomo Mitsui Trust Group Inc. trimmed its holdings in shares of Walmart Inc. (NASDAQ:WMT – Free Report) by 2.6% in the third quarter, according to its most recent filing with the SEC. The firm owned 10,205,177 shares of the retailer’s stock after selling 271,862 shares during the period. Walmart makes up about 0.6% of Sumitomo Mitsui Trust Group Inc.’s investment portfolio, making the stock its 24th biggest position. Sumitomo Mitsui Trust Group Inc.’s holdings in Walmart were worth $1,060,522,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in WMT. Bell & Brown Wealth Advisors LLC acquired a new position in shares of Walmart in the second quarter valued at approximately $6,451,000. Advisortrust Partners LLC raised its holdings in shares of Walmart by 20.2% during the first quarter. Advisortrust Partners LLC now owns 67,142 shares of the retailer’s stock worth $8,344,000 after acquiring an additional 11,283 shares during the period. Bank of America Corp DE bought a new stake in Walmart in the 2nd quarter valued at $7,455,131,000. HORAN Wealth LLC lifted its position in Walmart by 55.7% in the 1st quarter. HORAN Wealth LLC now owns 81,544 shares of the retailer’s stock valued at $9,931,000 after acquiring an additional 29,184 shares in the last quarter. Finally, Park National Corp OH boosted its stake in Walmart by 282.9% in the 3rd quarter. Park National Corp OH now owns 119,865 shares of the retailer’s stock worth $12,456,000 after purchasing an additional 88,562 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Stock Up 1.9%

WMT stock opened at $123.51 on Friday. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.41. The business has a 50 day moving average price of $110.23 and a two-hundred day moving average price of $118.40. The company has a market cap of $979.90 billion, a price-to-earnings ratio of 44.59, a P/E/G ratio of 4.46 and a beta of 0.58. Walmart Inc. has a twelve month low of $98.88 and a twelve month high of $135.15.

Walmart (NASDAQ:WMT – Get Free Report) last posted its quarterly earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.07. Walmart had a return on equity of 21.83% and a net margin of 3.00%. The firm had revenue of $187.94 billion for the quarter, compared to analyst estimates of $186.64 billion. During the same quarter in the previous year, the firm earned $0.68 EPS. The business’s quarterly revenue was up 5.9% on a year-over-year basis. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Analysts anticipate that Walmart Inc. will post 2.87 EPS for the current fiscal year.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

Positive Sentiment: Energy investment expands Walmart’s customer offerings: Walmart is making a strategic investment in Base Power and will offer the company’s home battery systems to Walmart customers and Sam’s Club members beginning in November. The systems are designed to reduce energy costs and provide backup power, creating a potential new customer benefit while expanding Walmart’s ecosystem beyond traditional retail. Walmart and Base Power announce strategic agreement
Positive Sentiment: Major automation agreement with Symbotic: Walmart expanded its commercial relationship with warehouse-automation provider Symbotic in a deal valued at approximately $6 billion. Greater automation could improve fulfillment capacity, labor efficiency and inventory management, although the investment also carries execution and capital-spending risks. Symbotic stock jumps on Walmart automation deal
Positive Sentiment: Strong fundamentals continue to support the stock: Walmart’s latest quarterly results exceeded consensus estimates for both earnings and revenue, with revenue rising year over year. Analysts and market commentary continue to highlight earnings growth and price strength as reasons to remain constructive on WMT. Earnings growth and price strength make Walmart a stock to watch
Neutral Sentiment: Healthcare expansion offers a longer-term growth avenue: Walmart has broadened its Better Care Services platform into a healthcare marketplace connecting customers with third-party providers. The initiative could increase customer engagement, but its financial contribution is not yet clear. Walmart launched a healthcare services marketplace
Negative Sentiment: Competitive and regulatory concerns remain: DoorDash’s proposed $17 billion acquisition of Instacart is intended partly to strengthen competition with Walmart and Amazon in local commerce and grocery delivery. Separately, the FTC is seeking information from Walmart about the use of personal data in personalized pricing, creating potential compliance and reputational risks. FTC orders Walmart and others to share pricing data information
Negative Sentiment: Valuation comparisons could limit upside: Walmart trades at a substantially higher earnings multiple than Target, while commentary suggests Walmart’s comparable-sales growth may be moderating. That premium leaves the stock more exposed if growth expectations weaken. Target trades at a fraction of Walmart’s valuation

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Sanford C. Bernstein reiterated an “outperform” rating on shares of Walmart in a report on Friday, August 21st. Guggenheim set a $130.00 price target on Walmart and gave the company a “buy” rating in a report on Friday, August 21st. Deutsche Bank Aktiengesellschaft raised Walmart from a “hold” rating to a “buy” rating and upped their price objective for the stock from $113.00 to $136.00 in a research report on Thursday, October 15th. BNP Paribas Exane reiterated an “outperform” rating and set a $137.00 price objective (down from $146.00) on shares of Walmart in a report on Friday, August 21st. Finally, Roth Capital reissued a “buy” rating on shares of Walmart in a research report on Friday, August 21st. Four research analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $132.41.

Get Our Latest Stock Analysis on Walmart

Insiders Place Their Bets

In related news, EVP Daniel Danker sold 50,644 shares of the business’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $105.35, for a total transaction of $5,335,345.40. Following the transaction, the executive vice president directly owned 201,672 shares in the company, valued at approximately $21,246,145.20. The trade was a 20.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO John Furner sold 13,125 shares of the company’s stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $106.66, for a total transaction of $1,399,912.50. Following the sale, the chief executive officer directly owned 647,912 shares in the company, valued at $69,106,293.92. This trade represents a 1.99% 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 sold 102,244 shares of company stock valued at $11,112,044 in the last ninety days. 0.09% of the stock is currently owned by insiders.

Walmart Company Profile

(Free Report)

Walmart Inc (NASDAQ:WMT) operates a global retail business through a network of supercenters, supermarkets, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its stores and websites sell a broad assortment of merchandise, including groceries, consumables, health and wellness products, apparel, electronics, home goods, toys and other general merchandise.

The company organizes its operations into Walmart U.S., Walmart International and Sam’s Club U.S. Walmart U.S.