Walmart Inc. $WMT Holdings Decreased by Legacy Wealth Management LLC MS

Posted by Brenda Bartman on Nov 3rd, 2026

Walmart logo Legacy Wealth Management LLC MS decreased its stake in shares of Walmart Inc. (NASDAQ:WMT – Free Report) by 6.0% during the third quarter, HoldingsChannel.com reports. The firm owned 67,556 shares of the retailer’s stock after selling 4,322 shares during the period. Walmart accounts for 2.1% of Legacy Wealth Management LLC MS’s portfolio, making the stock its 8th largest position. Legacy Wealth Management LLC MS’s holdings in Walmart were worth $7,020,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in WMT. Montgomery Financial Services LLC bought a new stake in shares of Walmart during the second quarter valued at about $32,000. Turim 21 Investimentos Ltda. bought a new position in shares of Walmart in the first quarter valued at approximately $37,000. Pingora Partners LLC purchased a new position in Walmart during the second quarter valued at approximately $34,000. PMV Capital Advisers LLC purchased a new position in Walmart during the second quarter valued at approximately $34,000. Finally, Evolution Wealth Management Inc. increased its holdings in Walmart by 44.3% during the 1st quarter. Evolution Wealth Management Inc. now owns 316 shares of the retailer’s stock worth $39,000 after acquiring an additional 97 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling

In related news, CEO John Furner sold 13,125 shares of the company’s stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $106.66, for a total transaction of $1,399,912.50. Following the completion of the sale, the chief executive officer directly owned 647,912 shares in the company, valued at $69,106,293.92. This represents a 1.99% 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 Daniel Bartlett sold 3,990 shares of the stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $104.41, for a total transaction of $416,595.90. Following the sale, the executive vice president directly owned 618,359 shares of the company’s stock, valued at $64,562,863.19. The trade was a 0.64% 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 98,534 shares of company stock valued at $10,692,443 over the last quarter. Company insiders own 0.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on WMT shares. Deutsche Bank Aktiengesellschaft upgraded shares of Walmart from a “hold” rating to a “buy” rating and increased their target price for the stock from $113.00 to $136.00 in a research note on Thursday, October 15th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $130.00 price target (down from $140.00) on shares of Walmart in a report on Friday, August 21st. Jefferies Financial Group reiterated a “buy” rating and issued a $120.00 price objective on shares of Walmart in a research report on Friday, August 21st. Morgan Stanley reissued an “overweight” rating and set a $125.00 price objective (down from $140.00) on shares of Walmart in a research note on Friday, August 21st. Finally, TD Cowen started coverage on Walmart in a research report on Friday. They set a “strong-buy” rating for the company. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of $132.41.

View Our Latest Stock Report on Walmart

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

Positive Sentiment: Potential earnings beat: Walmart’s strong history of exceeding analyst estimates, improving sales trends and favorable earnings-per-share expectations could support the stock ahead of its next quarterly report. Why Walmart Is Poised to Beat Earnings Estimates Again
Positive Sentiment: E-commerce and AI growth: Walmart’s online sales are reportedly gaining market share faster than Amazon’s, while its expanded Sparky AI shopping assistant could increase holiday conversion rates, order frequency and average spending. Stat That Makes Walmart Hard to Ignore Can Walmart’s Expanded Sparky AI Boost Holiday Shopping and Sales?
Positive Sentiment: Defensive retail positioning: Walmart and Costco are gaining grocery market share as consumers seek lower prices, a trend that may benefit Walmart if household budgets remain pressured. Grocery Wars Update
Positive Sentiment: Strategic expansion: Walmart’s home-backup energy partnership with Base Power and planned investments in Texas robotics could broaden its ecosystem and improve operating efficiency over time. Walmart Probes Flipkart Claims
Neutral Sentiment: Analyst attention: TD Cowen has initiated research coverage, while broader investor interest remains elevated. The ultimate effect will depend on the firm’s rating, price target and estimates. Walmart Research Coverage Started at TD Cowen
Negative Sentiment: Valuation risk: With Walmart trading at roughly 42–43 times earnings, skeptics argue that its defensive reputation and growth outlook are already substantially reflected in the share price, leaving less room for disappointment. Walmart’s Defensive Reputation and Valuation
Negative Sentiment: Reputation and compliance concerns: Walmart is investigating alleged vendor kickbacks at Flipkart, while separate coverage highlights scrutiny of employee prescription-drug benefits and a Federal Trade Commission-related customer payment. These issues could create legal, regulatory or reputational costs, although their financial impact is not yet clear. Walmart Probes Flipkart Claims Walmart Retirement Drug Benefit Report

Walmart Trading Up 3.4%

Shares of WMT stock opened at $127.69 on Tuesday. The stock has a market capitalization of $1.01 trillion, a PE ratio of 46.10, a P/E/G ratio of 4.29 and a beta of 0.58. Walmart Inc. has a 1-year low of $98.88 and a 1-year high of $135.15. The business has a 50-day moving average of $110.71 and a 200 day moving average of $118.44. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.23.

Walmart (NASDAQ:WMT – Get Free Report) last posted its quarterly earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.07. The business had revenue of $187.94 billion for the quarter, compared to analyst estimates of $186.64 billion. Walmart had a return on equity of 21.83% and a net margin of 3.00%. Walmart’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period last year, the company 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. As a group, sell-side analysts anticipate that Walmart Inc. will post 2.87 earnings per share for the current year.

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.