Walmart Inc. $WMT Shares Acquired by German American Bancorp Inc.

German American Bancorp Inc. increased its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 1,012.2% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 69,890 shares of the retailer’s stock after purchasing an additional 63,606 shares during the quarter. German American Bancorp Inc.’s holdings in Walmart were worth $7,203,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. raised its position 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 valued at $42,223,116,000 after purchasing an additional 5,856,468 shares in the last quarter. Geode Capital Management LLC raised its holdings in Walmart by 0.3% in 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 acquiring an additional 263,718 shares in the last quarter. Norges Bank bought a new position in Walmart during the 2nd quarter valued at $5,367,770,000. Ameriprise Financial Inc. grew its holdings 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 in the last quarter. Finally, Amundi increased its position in shares of Walmart by 23.5% in the 2nd quarter. Amundi now owns 19,493,644 shares of the retailer’s stock worth $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.

Key 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

Several analysts recently weighed in on the company. BMO Capital Markets reissued an “outperform” rating on shares of Walmart in a report on Wednesday, January 14th. KeyCorp reissued an “overweight” rating and set a $128.00 price target on shares of Walmart in a research report on Wednesday, January 7th. CICC Research initiated coverage on shares of Walmart in a research note on Friday, December 26th. They set an “outperform” rating and a $125.00 target price for the company. Barclays restated an “overweight” rating and issued a $125.00 price target (up from $108.00) on shares of Walmart in a research report on Thursday, January 8th. Finally, Evercore reaffirmed an “outperform” rating and set a $130.00 target price (up from $125.00) on shares of Walmart in a report on Tuesday. Thirty-two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $125.06.

Insider Buying and Selling

In other news, SVP David Chojnowski sold 7,000 shares of the stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $106.65, for a total value of $746,550.00. Following the completion of the sale, the senior vice president directly owned 136,289 shares of the company’s stock, valued at $14,535,221.85. This represents a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction on 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 sale, the executive vice president directly owned 879,815 shares of the company’s stock, valued at $92,160,621.25. This trade represents a 1.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 229,196 shares of company stock worth $26,957,858 over the last ninety days. 0.10% of the stock is currently owned by corporate insiders.

Walmart Trading Up 3.3%

Shares of NASDAQ:WMT opened at $131.18 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.24 and a current ratio of 0.80. The stock has a market capitalization of $1.05 trillion, a price-to-earnings ratio of 45.87, a PEG ratio of 5.01 and a beta of 0.65. The company has a 50 day moving average price of $116.44 and a 200 day moving average price of $107.15. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $131.70.

Walmart (NASDAQ:WMT) last posted its quarterly earnings data 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. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The firm had revenue of $179.50 billion for the quarter, compared to the consensus estimate of $175.15 billion. During the same quarter in the previous year, the company earned $0.58 EPS. The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Company 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.