Walmart Inc. $WMT Stock: Wedmont Private Capital Grows Position

10 Oct 2026, 09:21 by Kim Johansen · The Markets Daily

Wedmont Private Capital raised its stake in shares of Walmart Inc. (NASDAQ:WMT – Free Report) by 12.9% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 91,238 shares of the retailer’s stock after buying an additional 10,403 shares during the period. Wedmont Private Capital’s holdings in Walmart were worth $10,087,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Journey Retirement Planning & Investment Management LLC boosted its position in Walmart by 19.3% during the third quarter. Journey Retirement Planning & Investment Management LLC now owns 4,268 shares of the retailer’s stock valued at $444,000 after purchasing an additional 690 shares during the last quarter. Dakota Community Bank & Trust NA increased its position in Walmart by 11.6% in the 3rd quarter. Dakota Community Bank & Trust NA now owns 3,250 shares of the retailer’s stock worth $338,000 after purchasing an additional 338 shares during the last quarter. Vilga Financial Planning LLC raised its stake in shares of Walmart by 4.6% during the 3rd quarter. Vilga Financial Planning LLC now owns 3,065 shares of the retailer’s stock worth $319,000 after purchasing an additional 136 shares in the last quarter. Hardin Capital Partners LLC raised its stake in shares of Walmart by 7.0% during the 3rd quarter. Hardin Capital Partners LLC now owns 5,722 shares of the retailer’s stock worth $595,000 after purchasing an additional 374 shares in the last quarter. Finally, Post Resch Tallon Group Inc. lifted its holdings in shares of Walmart by 3.4% during the 3rd quarter. Post Resch Tallon Group Inc. now owns 3,071 shares of the retailer’s stock valued at $319,000 after buying an additional 100 shares during the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

More Walmart News

Here are the key news stories impacting Walmart this week:

Positive Sentiment: Walmart is expanding its Express Pickup service, offering Walmart+ members eligible curbside orders in as little as one hour ahead of the holiday shopping season. The initiative could increase customer engagement, strengthen Walmart’s omnichannel position and support sales growth. Walmart’s One-Hour Express Pickup Push Could Be a Game Changer
Positive Sentiment: A new California fulfillment and distribution hub is expected to create about 1,000 jobs, expanding Walmart’s logistics capacity and potentially improving delivery efficiency. Walmart Stock Gains as New California Hub Creates 1,000 Jobs
Neutral Sentiment: Walmart reversed a six-bin height limit for in-store online-order carts. The change may improve fulfillment flexibility, although the earlier restriction was introduced to address employee and customer safety concerns. Walmart Reverses Order-Cart Limit
Neutral Sentiment: Walmart’s market capitalization is close to overtaking a major U.S. bank, making relative market value a short-term trading focus. Investors are awaiting a Tuesday catalyst that could influence the ranking. America’s Biggest Retailer Is About to Pass America’s Biggest Bank
Negative Sentiment: Walmart’s multibillion-dollar warehouse-automation program is encountering difficulties handling items such as dog food, cardboard boxes and turkeys. Spending is expected to peak this year and next, while delays could postpone labor savings and pressure near-term capital returns. Walmart’s Automation Push Hits Snags
Negative Sentiment: Valuation remains a concern: Walmart trades near 39–40 times earnings versus roughly 21.5 times for the S&P 500. With recent revenue growth of 5.9%, the premium price leaves limited room for execution missteps or slower profit growth. Where Could Walmart’s Next Growth Come From?

Walmart Stock Performance

Shares of NASDAQ WMT opened at $111.35 on Friday. Walmart Inc. has a 12 month low of $98.88 and a 12 month high of $135.15. The company has a market cap of $883.42 billion, a P/E ratio of 40.20, a P/E/G ratio of 4.22 and a beta of 0.58. The business’s 50 day moving average is $108.42 and its two-hundred day moving average is $116.46. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.41.

Walmart (NASDAQ:WMT – Get Free Report) last posted its quarterly earnings data on Thursday, August 20th. The retailer reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.07. The company had revenue of $187.94 billion during the quarter, compared to analysts’ expectations of $186.64 billion. Walmart had a return on equity of 21.83% and a net margin of 3.00%. Walmart’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.68 earnings per share. 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 expect that Walmart Inc. will post 2.87 EPS for the current year.

Analysts Set New Price Targets

WMT has been the subject of several recent research reports. Freedom Broker raised Walmart from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 20th. BMO Capital Markets reiterated an “outperform” rating and issued a $126.00 target price on shares of Walmart in a research note on Friday, August 21st. Roth Capital reissued a “buy” rating on shares of Walmart in a research report on Friday, August 21st. Freedom Capital upgraded shares of Walmart from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 20th. Finally, Truist Financial set a $114.00 price target on shares of Walmart and gave the company a “buy” rating in a report on Friday, August 21st. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $131.74.

Get Our Latest Stock Report on Walmart

Insider Activity at Walmart

In other Walmart news, EVP Daniel Danker sold 50,644 shares of the stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $105.35, for a total value of $5,335,345.40. Following the completion of the sale, the executive vice president directly owned 201,672 shares of the company’s stock, valued at $21,246,145.20. This represents a 20.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Daniel Bartlett sold 3,990 shares of the business’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $104.41, for a total transaction of $416,595.90. Following the transaction, the executive vice president owned 618,359 shares in the company, 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 have sold 81,219 shares of company stock valued at $8,604,429 in the last 90 days. 0.09% of the stock is owned by company insiders.

Walmart Profile

(Free Report)

Walmart Inc (NASDAQ: WMT) is a multinational retailer that operates supercenters, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its merchandise includes groceries, apparel, electronics, home goods, health and wellness products, household essentials and general merchandise. Walmart also provides services such as grocery pickup and delivery, pharmacy services, financial products and digital advertising.