Janney Montgomery Scott LLC Has $239.42 Million Holdings in Walmart Inc. $WMT

Janney Montgomery Scott LLC boosted its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 1.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,323,142 shares of the retailer’s stock after acquiring an additional 41,616 shares during the period. Janney Montgomery Scott LLC’s holdings in Walmart were worth $239,423,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of the business. Access Investment Management LLC bought a new position in Walmart in the second quarter valued at approximately $26,000. PFS Partners LLC lifted its position in Walmart by 267.8% during the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after buying an additional 233 shares in the last quarter. Ridgewood Investments LLC boosted its position in Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after purchasing an additional 115 shares during the last quarter. Roble Belko & Company Inc boosted its holdings in shares of Walmart by 212.6% in the 3rd quarter. Roble Belko & Company Inc now owns 322 shares of the retailer’s stock valued at $33,000 after buying an additional 219 shares during the last quarter. Finally, Livelsberger Financial Advisory acquired a new stake in Walmart in the second quarter valued at $44,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Analysts Set New Price Targets

WMT has been the subject of several research analyst reports. Cowen reiterated a “buy” rating on shares of Walmart in a research note on Tuesday, December 9th. Guggenheim reissued a “buy” rating and issued a $120.00 price objective (up previously from $115.00) on shares of Walmart in a report on Friday, November 21st. Wells Fargo & Company reissued an “overweight” rating and set a $130.00 target price (up from $120.00) on shares of Walmart in a report on Friday, December 19th. Telsey Advisory Group reissued an “outperform” rating and issued a $135.00 price objective on shares of Walmart in a research note on Wednesday, December 17th. Finally, Bank of America lifted their target price on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 17th. Thirty-two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $122.37.

Insider Activity

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of $109.57, for a total transaction of $2,127,411.12. Following the completion of the sale, the chief executive officer owned 4,334,747 shares of the company’s stock, valued at $474,958,228.79. This trade represents a 0.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction that occurred on Thursday, October 16th. The shares were sold at an average price of $107.78, for a total value of $1,414,612.50. Following the completion of the transaction, the executive vice president directly owned 892,940 shares in the company, valued at approximately $96,241,073.20. This trade represents a 1.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 125,628 shares of company stock worth $13,690,065 in the last three months. Corporate insiders own 0.10% of the company’s stock.

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Nasdaq‑100 inclusion — The confirmed inclusion in the Nasdaq‑100 is prompting index and ETF buying, which has been a primary driver of the recent jump in WMT shares and helped push the stock to record highs. Stock Market Today, Jan. 12: Walmart Jumps on Nasdaq 100 Inclusion
• Positive Sentiment: Google/Alphabet (Gemini) partnership — Walmart and Sam’s Club will be integrated into Google’s Gemini shopping experience (Universal Commerce Protocol), which can increase product discoverability and drive online sales and conversion over time. That strategic tie to a major AI platform underpins investor enthusiasm about Walmart’s tech transformation. Walmart and Google Turn AI Discovery Into Effortless Shopping Experiences
• Positive Sentiment: Drone delivery scale‑up — Walmart announced a rapid expansion of drone delivery to many more stores (hundreds), supporting faster last‑mile fulfillment and reinforcing its omnichannel capabilities. This is a constructive long‑term margin and customer‑experience story. Walmart Expanding Drone Delivery to Hundreds More Stores
• Positive Sentiment: Options and analyst support — Unusually large call‑option buying and a recent price‑target raise from Bernstein (keeps Outperform) signal bullish investor conviction and dealer positioning that can amplify upside. (Options activity: ~142k calls traded; Bernstein PT increase cited.)
• Neutral Sentiment: Walmart being reframed as a tech/omnichannel stock — Coverage and commentary (Investopedia, Barron’s, others) increasingly treat Walmart as a tech‑enabled retailer rather than a pure brick‑and‑mortar play. This perception helps multiples but also raises expectations for execution. Is Walmart a Tech Stock?
• Neutral Sentiment: Corporate/asset moves — Walmart‑backed fintech OnePay’s higher valuation and Sam’s Club membership trends are positives for ecosystem value but are incremental versus core top‑line drivers. Walmart Teams With Google to Promote ‘Agent‑Led Commerce’
• Negative Sentiment: Earnings‑estimate revision risk — Some analysts (Zacks) note that recent upward moves have outpaced earnings‑estimate momentum, and revisions could lag, which may limit how sustainably WMT can run without further fundamental beats. WMT Moves 3.0% Higher: Will This Strength Last?

Walmart Price Performance

Shares of WMT opened at $117.97 on Tuesday. The business has a 50-day moving average of $110.06 and a 200-day moving average of $103.96. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24. The company has a market capitalization of $940.24 billion, a price-to-earnings ratio of 41.25, a price-to-earnings-growth ratio of 5.29 and a beta of 0.66. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $118.84.

Walmart (NASDAQ:WMT) last announced its earnings results on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, beating the consensus estimate of $0.60 by $0.02. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The business had revenue of $179.50 billion for the quarter, compared to analysts’ expectations of $175.15 billion. During the same period in the prior year, the business posted $0.58 earnings per share. The firm’s revenue was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, equities research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Profile

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.