Allspring Global Investments Holdings LLC Cuts Holdings in Walmart Inc. $WMT

Posted by George Bondi on Jul 17th, 2026

Walmart logo Allspring Global Investments Holdings LLC lowered its position in Walmart Inc. (NASDAQ:WMT – Free Report) by 16.5% during the first quarter, Holdings Channel.com reports. The fund owned 1,787,389 shares of the retailer’s stock after selling 352,258 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Walmart were worth $222,959,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Entrust Financial LLC acquired a new position in shares of Walmart in the 4th quarter valued at about $27,000. Merkkuri Wealth Advisors LLC acquired a new stake in Walmart during the 1st quarter worth approximately $29,000. Beacon Financial Strategies CORP acquired a new stake in Walmart during the 4th quarter worth approximately $30,000. Bay Harbor Wealth Management LLC raised its holdings in Walmart by 57.4% in the fourth quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock valued at $32,000 after buying an additional 105 shares during the period. Finally, Clayton Financial Group LLC raised its holdings in Walmart by 193.0% in the fourth quarter. Clayton Financial Group LLC now owns 293 shares of the retailer’s stock valued at $33,000 after buying an additional 193 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Walmart

In other Walmart news, EVP Christopher James Nicholas sold 2,900 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $118.19, for a total transaction of $342,751.00. Following the completion of the sale, the executive vice president owned 574,953 shares in the company, valued at $67,953,695.07. This trade represents a 0.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel J. Bartlett sold 3,775 shares of Walmart stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $109.64, for a total value of $413,891.00. Following 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. 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. In the last 90 days, insiders sold 87,145 shares of company stock valued at $10,691,920. Company insiders own 0.09% of the company’s stock.

Walmart Price Performance

Shares of WMT stock opened at $114.95 on Friday. The firm has a fifty day simple moving average of $119.14 and a 200-day simple moving average of $122.10. The company has a market capitalization of $914.78 billion, a PE ratio of 40.33, a price-to-earnings-growth ratio of 4.19 and a beta of 0.60. Walmart Inc. has a twelve month low of $94.43 and a twelve month high of $135.15. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42.

Walmart (NASDAQ:WMT – Get Free Report) last released its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.66. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The firm had revenue of $177.75 billion for the quarter, compared to the consensus estimate of $174.84 billion. During the same quarter in the previous year, the firm posted $0.61 EPS. The firm’s quarterly revenue 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. Equities research analysts anticipate that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Analysts Set New Price Targets

WMT has been the subject of several research reports. Erste Group Bank downgraded shares of Walmart from a “buy” rating to a “hold” rating in a research note on Friday, June 5th. Guggenheim raised their target price on shares of Walmart from $120.00 to $137.00 and gave the company a “buy” rating in a research note on Monday, April 13th. TD Cowen restated a “buy” rating and set a $150.00 target price (up from $145.00) on shares of Walmart in a report on Thursday, May 7th. Morgan Stanley upped their price target on shares of Walmart from $135.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Finally, BNP Paribas Exane lowered their price target on Walmart from $147.00 to $146.00 and set an “outperform” rating for the company in a report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $138.85.

Get Our Latest Report on WMT

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

Positive Sentiment: Walmart’s back-to-school push is getting attention as the retailer highlights its lowest prices since 2019 on popular school items, which could help drive traffic and sales into the important seasonal shopping period. Walmart Helps Americans Navigate Their Annual Back-to-School Reset with Unmatched Value, Convenience and Style
Positive Sentiment: June retail sales rose modestly, suggesting consumers are still spending and reinforcing Walmart’s value-oriented appeal as shoppers look for lower prices on essentials. Retail Sales Hold Up as Walmart and Amazon Go Back to School
Positive Sentiment: Walmart also announced a partnership with General Mills and ADM to expand regenerative agriculture across 40,000 Midwest wheat acres, a long-term supply-chain and sustainability initiative that may support the company’s brand and sourcing strategy. General Mills, ADM, Walmart Partner to Accelerate Regenerative Agriculture Across 40,000 Midwest Wheat Acres
Neutral Sentiment: Analysts continue to flag Walmart’s premium valuation, with a forward P/E around 36.7x, which suggests investors expect strong execution but also leaves less room for disappointment. Walmart Commands a 36.74X Forward P/E: Is the Stock Worth Buying?
Neutral Sentiment: Commentary on Walmart’s AI-related hiring plans highlights the company’s investment in automation and digital tools, but it does not appear to materially change near-term earnings expectations. Walmart’s people chief says these 10 jobs are still hot in the age of AI
Neutral Sentiment: Broader market volatility and articles comparing Walmart with other defensive stocks add context, but they are not direct catalysts for the shares. 3 Stocks to Own When the Market Gets Ugly in July
Negative Sentiment: Walmart’s stock has also recently been under pressure on a day when the broader market was firmer, underscoring some investor caution around the name despite its defensive profile. Walmart (WMT) Stock Sinks As Market Gains: Here’s Why

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.