Walmart Inc. $WMT Stock Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lessened its holdings in Walmart Inc. (NASDAQ:WMT) by 8.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 445,135 shares of the retailer’s stock after selling 41,036 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Walmart were worth $46,258,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WMT. Center for Financial Planning Inc. lifted its stake in Walmart by 17.6% during the third quarter. Center for Financial Planning Inc. now owns 13,886 shares of the retailer’s stock worth $1,443,000 after purchasing an additional 2,079 shares during the period. Park Avenue Securities LLC grew its stake in shares of Walmart by 0.9% in the 3rd quarter. Park Avenue Securities LLC now owns 277,375 shares of the retailer’s stock valued at $28,825,000 after purchasing an additional 2,468 shares during the period. CPA Asset Management Group LLC grew its stake in shares of Walmart by 8.1% in the 3rd quarter. CPA Asset Management Group LLC now owns 4,719 shares of the retailer’s stock valued at $490,000 after purchasing an additional 354 shares during the period. Verdence Capital Advisors LLC grew its stake in shares of Walmart by 26.9% in the 3rd quarter. Verdence Capital Advisors LLC now owns 48,803 shares of the retailer’s stock valued at $5,072,000 after purchasing an additional 10,359 shares during the period. Finally, Aegis Wealth Management Inc. grew its stake in shares of Walmart by 2.5% in the 3rd quarter. Aegis Wealth Management Inc. now owns 6,891 shares of the retailer’s stock valued at $716,000 after purchasing an additional 165 shares during the period. Institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling at Walmart

In other Walmart news, CEO John R. Furner sold 13,125 shares of Walmart stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $120.60, for a total value of $1,582,875.00. Following the completion of the transaction, the chief executive officer owned 634,790 shares in the company, valued at approximately $76,555,674. The trade was a 2.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel J. Bartlett sold 3,990 shares of Walmart stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $104.41, for a total value of $416,595.90. Following the completion of the transaction, the executive vice president owned 618,359 shares of the company’s stock, valued at approximately $64,562,863.19. The trade was a 0.64% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 102,244 shares of company stock worth $11,112,044 over the last 90 days. Company insiders own 0.09% of the company’s stock.

Analyst Upgrades and Downgrades

WMT has been the subject of several analyst reports. KeyCorp restated an “overweight” rating on shares of Walmart in a research report on Thursday, September 10th. DA Davidson reiterated a “buy” rating and issued a $132.00 price target on shares of Walmart in a research report on Thursday, September 10th. Truist Financial set a $114.00 price target on Walmart and gave the company a “buy” rating in a research report on Friday, August 21st. Cantor Fitzgerald upgraded Walmart to a “buy” rating in a research note on Friday, August 21st. Finally, TD Cowen reissued a “buy” rating on shares of Walmart in a report on Friday, August 21st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $132.41.

Walmart Price Performance

Shares of Walmart stock opened at $120.29 on Tuesday. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $954.35 billion, a price-to-earnings ratio of 43.43, a P/E/G ratio of 4.33 and a beta of 0.58. Walmart Inc. has a 1-year low of $98.88 and a 1-year high of $135.15. The firm’s 50-day moving average price is $109.43 and its two-hundred day moving average price is $118.25.

Walmart (NASDAQ:WMT) last posted its earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.07. Walmart had a net margin of 3.00% and a return on equity of 21.83%. The company had revenue of $187.94 billion during the quarter, compared to analysts’ expectations of $186.64 billion. During the same quarter in the previous year, the company posted $0.68 earnings per share. Walmart’s quarterly revenue was up 5.9% compared to the same quarter last year. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. On average, equities analysts predict that Walmart Inc. will post 2.88 earnings per share for the current fiscal year.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Holiday event could support near-term sales. Walmart announced three major holiday shopping events, giving investors a potential catalyst for stronger seasonal traffic, e-commerce activity and market-share gains. The upbeat outlook is particularly important because WMT’s valuation already reflects substantial future growth. Walmart Just Announced Its Triple Holiday Event
• Positive Sentiment: AI and e-commerce initiatives could expand digital growth. Walmart is joining Meta’s AI-commerce push and is developing agent-based shopping tools intended to improve product discovery, personalization and customer engagement. Analysts also see continued e-commerce momentum as a driver of longer-term growth. Can Walmart’s AI Strategy Unlock the Next Phase of Digital Growth?
• Positive Sentiment: New services broaden Walmart’s ecosystem. Lower-cost delivery partnerships with Subway, Dunkin’ and Papa John’s, expanded Better Care Services, and an exclusive Affirm buy-now-pay-later arrangement at Sam’s Club could increase customer convenience, engagement and recurring transaction opportunities ahead of the holidays. Walmart Makes Sam’s Club Its Exclusive Buy Now Pay Later Checkout Option
• Neutral Sentiment: Trading data offers limited directional information. A report lists short interest at zero shares and a zero-day days-to-cover ratio, which may indicate a data-quality issue rather than a meaningful change in investor positioning. Walmart also lined up U.S. and Canadian debt issuance, potentially supporting funding needs but increasing leverage.
• Negative Sentiment: Valuation and investor selling are key risks. WMT’s reported P/E near 42 and PEG ratio above 4 leave limited room for execution disappointments. Michael Burry said he may sell, reduce or donate long-held positions whose valuations appear stretched, potentially adding sentiment pressure. Michael Burry Eyes the Exit on Walmart

About Walmart

Walmart Inc (NASDAQ:WMT) operates a global retail business through a network of supercenters, supermarkets, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its stores and websites sell a broad assortment of merchandise, including groceries, consumables, health and wellness products, apparel, electronics, home goods, toys and other general merchandise.

The company organizes its operations into Walmart U.S., Walmart International and Sam’s Club U.S. Walmart U.S.