Walmart Inc. $WMT Stock Sold by WealthCare Asset Management LLC

Posted by Brenda Bartman on Oct 27th, 2026

Walmart logo WealthCare Asset Management LLC cut its position in Walmart Inc. (NASDAQ:WMT – Free Report) by 49.9% in the third quarter, HoldingsChannel.com reports. The firm owned 21,960 shares of the retailer’s stock after selling 21,834 shares during the quarter. Walmart comprises about 2.0% of WealthCare Asset Management LLC’s investment portfolio, making the stock its 17th biggest holding. WealthCare Asset Management LLC’s holdings in Walmart were worth $2,282,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of WMT. Bank of America Corp DE bought a new position in Walmart in the 2nd quarter worth $7,455,131,000. Legal & General Group Plc purchased a new stake in Walmart in the 2nd quarter worth $2,905,655,000. Canada Pension Plan Investment Board bought a new stake in Walmart during the second quarter valued at about $796,677,000. Deutsche Bank AG raised its holdings in Walmart by 54.0% during the second quarter. Deutsche Bank AG now owns 18,607,297 shares of the retailer’s stock valued at $2,107,462,000 after acquiring an additional 6,525,224 shares during the period. Finally, Amundi raised its holdings in Walmart by 44.4% during the second quarter. Amundi now owns 20,796,957 shares of the retailer’s stock valued at $2,355,463,000 after acquiring an additional 6,393,326 shares during the period. 26.76% of the stock is currently owned by institutional investors.

Key Walmart News

Here are the key news stories impacting Walmart this week:

Positive Sentiment: Holiday event could support near-term sales. Walmart announced three major holiday shopping events, giving investors a potential catalyst for stronger seasonal traffic, e-commerce activity and market-share gains. The upbeat outlook is particularly important because WMT’s valuation already reflects substantial future growth. Walmart Just Announced Its Triple Holiday Event
Positive Sentiment: AI and e-commerce initiatives could expand digital growth. Walmart is joining Meta’s AI-commerce push and is developing agent-based shopping tools intended to improve product discovery, personalization and customer engagement. Analysts also see continued e-commerce momentum as a driver of longer-term growth. Can Walmart’s AI Strategy Unlock the Next Phase of Digital Growth?
Positive Sentiment: New services broaden Walmart’s ecosystem. Lower-cost delivery partnerships with Subway, Dunkin’ and Papa John’s, expanded Better Care Services, and an exclusive Affirm buy-now-pay-later arrangement at Sam’s Club could increase customer convenience, engagement and recurring transaction opportunities ahead of the holidays. Walmart Makes Sam’s Club Its Exclusive Buy Now Pay Later Checkout Option
Neutral Sentiment: Trading data offers limited directional information. A report lists short interest at zero shares and a zero-day days-to-cover ratio, which may indicate a data-quality issue rather than a meaningful change in investor positioning. Walmart also lined up U.S. and Canadian debt issuance, potentially supporting funding needs but increasing leverage.
Negative Sentiment: Valuation and investor selling are key risks. WMT’s reported P/E near 42 and PEG ratio above 4 leave limited room for execution disappointments. Michael Burry said he may sell, reduce or donate long-held positions whose valuations appear stretched, potentially adding sentiment pressure. Michael Burry Eyes the Exit on Walmart

Insider Buying and Selling

In other Walmart news, EVP Daniel J. Bartlett sold 3,990 shares of the firm’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $104.41, for a total transaction of $416,595.90. Following the completion of the transaction, the executive vice president owned 618,359 shares in the company, valued at $64,562,863.19. This trade represents a 0.64% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher Nicholas sold 2,900 shares of Walmart stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $120.60, for a total value of $349,740.00. Following the completion of the sale, the executive vice president directly owned 563,353 shares in the company, valued at approximately $67,940,371.80. The trade was a 0.51% decrease in their position. 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 sold 102,244 shares of company stock valued at $11,112,044 in the last ninety days. Company insiders own 0.09% of the company’s stock.

Walmart Stock Up 0.3%

Shares of WMT stock opened at $120.29 on Tuesday. The stock has a market cap of $954.35 billion, a P/E ratio of 43.43, a PEG ratio of 4.33 and a beta of 0.58. Walmart Inc. has a 52 week low of $98.88 and a 52 week high of $135.15. 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 company’s fifty day simple moving average is $109.43 and its two-hundred day simple moving average is $118.25.

Walmart (NASDAQ:WMT – Get Free Report) last released its quarterly earnings data on Thursday, August 20th. The retailer reported $0.81 EPS for the quarter, beating the consensus estimate of $0.74 by $0.07. The business had revenue of $187.94 billion during the quarter, compared to the consensus estimate of $186.64 billion. Walmart had a net margin of 3.00% and a return on equity of 21.83%. The business’s revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.68 EPS. 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 predict that Walmart Inc. will post 2.88 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on WMT shares. Mizuho dropped their price objective on Walmart from $130.00 to $125.00 and set an “outperform” rating for the company in a research note on Tuesday, September 29th. Wells Fargo & Company cut their target price on Walmart from $140.00 to $120.00 and set an “overweight” rating for the company in a research report on Friday, August 21st. Deutsche Bank Aktiengesellschaft raised Walmart from a “hold” rating to a “buy” rating and lifted their target price for the company from $113.00 to $136.00 in a research note on Thursday, October 15th. Oppenheimer reissued a “market perform” rating on shares of Walmart in a report on Tuesday, August 25th. Finally, Piper Sandler reissued an “overweight” rating and issued a $128.00 price target (down from $137.00) on shares of Walmart in a report on Friday, August 21st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Walmart currently has an average rating of “Buy” and a consensus price target of $132.41.

Read Our Latest Stock Analysis on Walmart

Walmart 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.