KLP Kapitalforvaltning AS Sells 29,500 Shares of Walmart Inc. $WMT

KLP Kapitalforvaltning AS lessened its holdings in Walmart Inc. (NASDAQ:WMT) by 1.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 1,725,900 shares of the retailer’s stock after selling 29,500 shares during the quarter. Walmart comprises approximately 0.7% of KLP Kapitalforvaltning AS’s holdings, making the stock its 18th biggest position. KLP Kapitalforvaltning AS’s holdings in Walmart were worth $177,871,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of WMT. Kingstone Capital Partners Texas LLC boosted its position in Walmart by 397,264.9% in the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock worth $10,496,702,000 after purchasing an additional 104,488,610 shares during the last quarter. Norges Bank bought a new stake in shares of Walmart during the 2nd quarter worth $5,367,770,000. Laurel Wealth Advisors LLC raised its stake in shares of Walmart by 9,648.7% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 11,486,374 shares of the retailer’s stock worth $1,123,138,000 after purchasing an additional 11,368,549 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Walmart by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock worth $42,223,116,000 after buying an additional 5,856,468 shares during the last quarter. Finally, Amundi grew its position in Walmart by 23.5% during the second quarter. Amundi now owns 19,493,644 shares of the retailer’s stock valued at $1,902,775,000 after buying an additional 3,710,506 shares during the period. 26.76% of the stock is owned by institutional investors.

Insider Activity at Walmart

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $115.21, for a total transaction of $460,840.00. Following the sale, the executive vice president owned 1,031,455 shares of the company’s stock, valued at approximately $118,833,930.55. This represents a 0.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,425 shares of Walmart stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $117.00, for a total value of $166,725.00. Following the transaction, the executive vice president directly owned 641,363 shares of the company’s stock, valued at $75,039,471. The trade was a 0.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 125,628 shares of company stock worth $13,690,065 in the last 90 days. 0.10% of the stock is owned by company insiders.

Walmart Stock Performance

Shares of WMT stock opened at $112.72 on Thursday. The firm’s 50 day moving average is $109.25 and its 200 day moving average is $103.54. The stock has a market capitalization of $898.40 billion, a P/E ratio of 39.41, a PEG ratio of 5.28 and a beta of 0.66. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $117.45. The company has a current ratio of 0.80, a quick ratio of 0.24 and a debt-to-equity ratio of 0.39.

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

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on WMT shares. Tigress Financial raised their price objective on shares of Walmart from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Wednesday, December 3rd. CICC Research began coverage on shares of Walmart in a research report on Friday, December 26th. They set an “outperform” rating and a $125.00 target price for the company. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a research note on Wednesday, October 8th. Wolfe Research began coverage on Walmart in a research note on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price objective on the stock. Finally, KeyCorp reissued an “overweight” rating and set a $128.00 price objective on shares of Walmart in a report on Wednesday. Thirty-two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $121.55.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Wells Fargo raised its price target on WMT to $130 (from $120) and kept an Overweight rating, citing opportunity despite a mixed sector outlook — a direct bullish catalyst for investor sentiment. Wells Fargo Sees Opportunity at Walmart (WMT) Despite Uneven Sector Backdrop
• Positive Sentiment: Analyst write-ups highlight Walmart’s resilient grocery performance (low single-digit comps, fresh-led growth and Rollbacks driving traffic and share gains), supporting near-term sales stability and market-share upside. Walmart’s Grocery Stays Resilient: Is Value the Key Share Lever?
• Positive Sentiment: Several outlets argue the company’s narrative is shifting after Q3 and point to new growth drivers (omnichannel, retail media, and margin levers), reinforcing buy-and-hold cases and supporting longer-term upside. Why The Narrative Around Walmart (WMT) Is Shifting After Q3 And New Growth Drivers
• Positive Sentiment: Multiple analyst/market-note pieces (Zacks, MarketBeat) emphasize Walmart’s durable characteristics — steady growth, a long dividend streak and Wall Street optimism — which can support multiple expansion over time. Here’s Why Walmart (WMT) is a Strong Growth Stock
• Neutral Sentiment: Technical and valuation debates are mixed: some technical analysts see a bullish Elliott Wave toward ~$120, while valuation pieces ask whether recent multi-year gains leave WMT fairly priced — creating a tug-of-war between momentum traders and value-focused investors. Walmart stock eyes $120 as Elliott Wave signals final bullish leg Is Walmart (WMT) Fairly Priced After Strong Multi Year Share Price Gains
• Neutral Sentiment: Comparative and sector pieces (e.g., MAKSY vs WMT, and broader mega-cap roundups) provide context but are less likely to move WMT stock immediately; they mostly influence relative valuation discussions. MAKSY vs. WMT: Which Stock Is the Better Value Option?

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.