Walmart Inc. $WMT Stock Position Increased by Pictet Asset Management Holding SA

Posted by George Bondi on Nov 8th, 2026

Walmart logo Pictet Asset Management Holding SA raised its stake in shares of Walmart Inc. (NASDAQ:WMT – Free Report) by 6.8% in the 3rd quarter, Holdings Channel reports. The firm owned 2,326,227 shares of the retailer’s stock after acquiring an additional 148,190 shares during the period. Pictet Asset Management Holding SA’s holdings in Walmart were worth $241,742,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. State Street Corp increased its holdings in shares of Walmart by 1.1% in the second quarter. State Street Corp now owns 188,036,646 shares of the retailer’s stock worth $21,297,031,000 after purchasing an additional 2,107,781 shares during the last quarter. Bank of America Corp DE purchased a new stake in shares of Walmart in the second quarter worth about $7,455,131,000. Bank of New York Mellon Corp boosted its stake in Walmart by 6.4% during the first quarter. Bank of New York Mellon Corp now owns 28,142,040 shares of the retailer’s stock valued at $3,497,493,000 after buying an additional 1,681,353 shares during the last quarter. Legal & General Group Plc bought a new position in Walmart during the second quarter valued at approximately $2,905,655,000. Finally, Amundi boosted its stake 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 buying an additional 6,393,326 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Stock Down 1.7%

Shares of NASDAQ:WMT opened at $125.52 on Friday. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.41. Walmart Inc. has a 12 month low of $98.88 and a 12 month high of $135.15. The company has a 50-day moving average price of $112.48 and a 200 day moving average price of $118.59. The company has a market cap of $995.84 billion, a price-to-earnings ratio of 45.31, a PEG ratio of 4.53 and a beta of 0.53.

Walmart (NASDAQ:WMT – Get Free Report) last issued its quarterly earnings data 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 company had revenue of $187.94 billion for the quarter, compared to analysts’ expectations of $186.64 billion. During the same period in the previous year, the firm posted $0.68 earnings per share. The firm’s revenue for the quarter 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. As a group, equities research analysts predict that Walmart Inc. will post 2.88 earnings per share for the current year.

Insiders Place Their Bets

In other news, 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 transaction, the executive vice president owned 563,353 shares in the company, valued at approximately $67,940,371.80. The trade was a 0.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel Bartlett sold 3,346 shares of the business’s stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $124.51, for a total value of $416,610.46. Following the transaction, the executive vice president directly owned 615,013 shares in the company, valued at approximately $76,575,268.63. This represents a 0.54% 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. Over the last three months, insiders sold 268,222 shares of company stock worth $31,604,051. 0.09% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

WMT has been the topic of a number of research reports. Wells Fargo & Company reduced their price objective on Walmart from $140.00 to $120.00 and set an “overweight” rating on the stock in a research note on Friday, August 21st. Roth Capital reaffirmed a “buy” rating and set a $138.00 price objective (up from $108.00) on shares of Walmart in a report on Friday, August 21st. Tigress Financial reiterated a “buy” rating and set a $155.00 target price on shares of Walmart in a research report on Monday, August 31st. DA Davidson reissued a “buy” rating and issued a $132.00 target price on shares of Walmart in a report on Thursday, September 10th. Finally, Gordon Haskett boosted their price target on shares of Walmart from $110.00 to $135.00 and gave the stock a “buy” rating in a research report on Friday, October 9th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $129.62.

Get Our Latest Stock Report on WMT

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

Positive Sentiment: ETFs added a net $40.3 million of Walmart shares on Nov. 4, indicating institutional fund demand. 54 ETFs Add to Walmart (WMT) on Wednesday
Positive Sentiment: Walmart is expanding its drone-delivery partnership with Zipline, which has raised $1.5 billion at a $21.5 billion valuation. A broader partnership could help Walmart improve delivery capabilities, though the articles do not specify its financial impact. Zipline hits $21.5B valuation as Walmart expands bet on drone delivery
Positive Sentiment: Walmart is working with Meta to integrate its Muse AI shopping agent into the online shopping experience, a move that could create new ways to reach customers and facilitate purchases. What Is Walmart (WMT) Betting On With Its New AI Shopping Agent?
Neutral Sentiment: A report on potential rate hikes discusses consumer-staples stocks as potentially attractive in that environment. Higher rates may also pressure valuations, so the implication for Walmart is mixed. Rate Hikes Could Be Coming: History Likes These 4 Consumer Staples Stocks
Negative Sentiment: Walmart executive Suresh Kumar sold 166,342 shares. Insider sales can weigh on sentiment, although a sale alone does not establish a change in the company’s outlook. Walmart Stock: Insider Suresh Kumar Sells 166,342 Shares

Walmart Company Profile

(Free Report)

Walmart is a multinational retailer that operates discount stores, supercenters, neighborhood markets, and membership warehouse clubs. Its business includes Walmart U.S., Walmart International, and Sam’s Club.

The company sells groceries and a broad range of general merchandise, including apparel, electronics, household goods, and health and wellness products. Walmart also serves customers through e-commerce, with services such as order pickup and delivery.

Founded by Sam Walton in 1962, Walmart is headquartered in Bentonville, Arkansas.