Retirement Systems of Alabama Has $195.03 Million Stock Holdings in Walmart Inc. $WMT

Retirement Systems of Alabama trimmed its stake in shares of Walmart Inc. (NASDAQ:WMT) by 3.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,892,353 shares of the retailer’s stock after selling 63,073 shares during the quarter. Walmart makes up 0.6% of Retirement Systems of Alabama’s holdings, making the stock its 21st biggest holding. Retirement Systems of Alabama’s holdings in Walmart were worth $195,026,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in WMT. CWM LLC raised its holdings in Walmart by 24.2% during the third quarter. CWM LLC now owns 1,175,703 shares of the retailer’s stock worth $121,168,000 after buying an additional 229,220 shares during the last quarter. Neuberger Berman Group LLC raised its holdings in shares of Walmart by 0.8% in the 2nd quarter. Neuberger Berman Group LLC now owns 5,091,126 shares of the retailer’s stock worth $497,771,000 after acquiring an additional 42,645 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its position in Walmart by 16.6% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 63,782 shares of the retailer’s stock valued at $6,567,000 after acquiring an additional 9,061 shares in the last quarter. Aviva PLC boosted its stake in Walmart by 16.4% during the 2nd quarter. Aviva PLC now owns 3,833,720 shares of the retailer’s stock valued at $374,861,000 after purchasing an additional 539,504 shares during the last quarter. Finally, World Investment Advisors increased its holdings in Walmart by 5.2% during the 3rd quarter. World Investment Advisors now owns 293,866 shares of the retailer’s stock worth $30,286,000 after purchasing an additional 14,487 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Tigress Financial raised its price target on WMT from $130 to $135 and kept a “buy” rating, implying roughly a mid-teens upside vs. current levels — a catalyst that can attract momentum and fund flows. Tigress price target raise
• Neutral Sentiment: Coverage pieces from Zacks highlight WMT as a growth/retail pick and promote using their Earnings ESP tool to find potential upside ahead of quarters — these pieces can bolster investor interest but are promotional rather than firm-moving. Zacks Earnings ESP article
• Neutral Sentiment: Another Zacks piece profiles Walmart as a “strong growth stock” using its style scores — supportive for longer-term investor narratives but unlikely to move the stock materially on its own. Zacks growth profile
• Neutral Sentiment: A Yahoo video piece outlines three priorities for Walmart’s CEO to maintain momentum — useful context on management focus that may shape execution expectations but not an immediate market mover. Yahoo CEO priorities video
• Negative Sentiment: CEO C. Douglas McMillon sold 19,416 shares for about $2.31M (reported 1/22). The sale reduced his stake by ~0.45% — a modest ownership decline but an optics negative that can weigh on sentiment when combined with near-term weakness. SEC Form 4: McMillon sale
• Negative Sentiment: Market reports note recent short-term share weakness (a daily slide reported on 1/22). That intraday/short-term weakness can amplify selling even as fundamentals remain intact. Zacks: stock slides

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Barclays restated an “overweight” rating and set a $125.00 price objective (up from $108.00) on shares of Walmart in a research note on Thursday, January 8th. Royal Bank Of Canada reissued an “outperform” rating and set a $126.00 price target (up from $123.00) on shares of Walmart in a research report on Wednesday, January 14th. Truist Financial set a $127.00 price target on shares of Walmart in a report on Wednesday, December 17th. Guggenheim reiterated a “buy” rating and issued a $120.00 price objective (up previously from $115.00) on shares of Walmart in a research note on Friday, November 21st. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $135.00 target price on shares of Walmart in a research note on Wednesday, January 14th. Thirty-two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Walmart currently has an average rating of “Moderate Buy” and an average price target of $123.20.

Insider Activity

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction on Friday, December 26th. The stock was sold at an average price of $111.83, for a total transaction of $2,171,291.28. Following the completion of the transaction, the chief executive officer owned 4,315,333 shares in the company, valued at approximately $482,583,689.39. This represents a 0.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Daniel Danker sold 4,365 shares of the business’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $120.19, for a total value of $524,629.35. Following the completion of the sale, the executive vice president owned 238,583 shares in the company, valued at $28,675,290.77. This represents a 1.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 135,215 shares of company stock worth $15,304,608. 0.10% of the stock is owned by company insiders.

Walmart Stock Down 0.1%

WMT opened at $117.73 on Friday. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $121.62. The company’s 50-day moving average price is $113.07 and its two-hundred day moving average price is $105.26. The stock has a market cap of $938.33 billion, a price-to-earnings ratio of 41.16, a PEG ratio of 5.02 and a beta of 0.66. The company has a quick ratio of 0.24, a current ratio of 0.80 and a debt-to-equity ratio of 0.39.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.02. The company had revenue of $179.50 billion during the quarter, compared to analyst estimates of $175.15 billion. Walmart had a net margin of 3.26% and a return on equity of 21.31%. Walmart’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, equities analysts expect 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.