MMA Asset Management LLC Grows Stake in Walmart Inc. $WMT

MMA Asset Management LLC raised its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 120.7% during the third quarter, HoldingsChannel.com reports. The firm owned 7,570 shares of the retailer’s stock after buying an additional 4,140 shares during the period. MMA Asset Management LLC’s holdings in Walmart were worth $780,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. increased its stake in Walmart by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock valued at $42,223,116,000 after purchasing an additional 5,856,468 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Walmart by 0.3% during the second quarter. Geode Capital Management LLC now owns 94,557,532 shares of the retailer’s stock valued at $9,199,712,000 after buying an additional 263,718 shares during the last quarter. Norges Bank purchased a new position in Walmart in the 2nd quarter worth $5,367,770,000. Ameriprise Financial Inc. lifted its position in Walmart by 3.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 31,973,329 shares of the retailer’s stock worth $3,126,775,000 after acquiring an additional 1,098,342 shares during the period. Finally, Amundi grew its stake in Walmart by 23.5% during the 2nd quarter. Amundi now owns 19,493,644 shares of the retailer’s stock valued at $1,902,775,000 after purchasing an additional 3,710,506 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Up 3.3%

WMT stock opened at $131.18 on Friday. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $131.70. The company has a quick ratio of 0.24, a current ratio of 0.80 and a debt-to-equity ratio of 0.39. The firm has a 50-day simple moving average of $116.44 and a 200-day simple moving average of $107.07. The stock has a market capitalization of $1.05 trillion, a P/E ratio of 45.87, a P/E/G ratio of 4.85 and a beta of 0.65.

Walmart (NASDAQ:WMT) last posted its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 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 return on equity of 21.31% and a net margin of 3.26%.Walmart’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Equities analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $104.75, for a total transaction of $1,374,843.75. Following the completion of the sale, the executive vice president owned 879,815 shares of the company’s stock, valued at approximately $92,160,621.25. This represents a 1.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP David Chojnowski sold 7,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $106.65, for a total transaction of $746,550.00. Following the completion of the transaction, the senior vice president directly owned 136,289 shares in the company, valued at $14,535,221.85. This trade represents a 4.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 229,196 shares of company stock worth $26,957,858 in the last ninety days. Company insiders own 0.10% of the company’s stock.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart joined the trillion‑dollar market‑cap club, boosting investor confidence that its investments in e‑commerce, tech and higher‑margin services are being rewarded. Walmart Trillion-Dollar Club (Fool)
• Positive Sentiment: Evidence of accelerating Walmart+ paid‑membership adoption supports a path to more recurring, higher‑margin revenue — a key part of the bull thesis. Walmart paid membership growth (Seeking Alpha)
• Positive Sentiment: Large institutional buying (e.g., Alecta boosting its stake) is a vote of confidence from some money managers and can support the stock at higher levels. Alecta boosts stake in Walmart (TipRanks)
• Positive Sentiment: Retail commentator Tim Bohen flagged Walmart among his “Big 3” long‑term AI/retail ideas, reinforcing positive retail investor narratives. The Big 3: BE, WMT, XPO (YouTube)
• Neutral Sentiment: Analyst coverage is tilted positive but consensus targets are near current prices; recent quarterly results beat estimates and FY‑26 EPS guidance is modest — upside now depends on continued execution. Zacks: Earnings ESP for retailers
• Negative Sentiment: Insider selling (EVP Donna Morris and others disclosed multi‑million dollar stock sales this week) can create short‑term selling pressure or be read as executives monetizing gains. Walmart insider selling (InsiderTrades)
• Negative Sentiment: Competitive risk from Amazon’s physical grocery/fulfillment push and Walmart’s elevated multiples mean any slowdown in sales or margin mix could trigger a pullback. Amazon grocery competition (Reuters)

Analysts Set New Price Targets

WMT has been the subject of a number of research reports. Piper Sandler reaffirmed an “overweight” rating and set a $130.00 target price (up previously from $123.00) on shares of Walmart in a report on Tuesday. UBS Group reaffirmed a “buy” rating and issued a $135.00 price objective on shares of Walmart in a report on Friday, January 30th. TD Cowen reaffirmed a “buy” rating on shares of Walmart in a research report on Wednesday, January 14th. Telsey Advisory Group reiterated an “outperform” rating and set a $135.00 price target on shares of Walmart in a research report on Wednesday, January 14th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $126.00 price objective (up previously from $123.00) on shares of Walmart in a research report on Wednesday, January 14th. Thirty-two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $125.06.

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.