Legacy Wealth Management LLC MS Sells 9,152 Shares of Walmart Inc. $WMT

Legacy Wealth Management LLC MS decreased its holdings in Walmart Inc. (NASDAQ:WMT) by 11.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 69,277 shares of the retailer’s stock after selling 9,152 shares during the quarter. Walmart accounts for about 2.1% of Legacy Wealth Management LLC MS’s holdings, making the stock its 8th biggest holding. Legacy Wealth Management LLC MS’s holdings in Walmart were worth $7,140,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in WMT. Access Investment Management LLC purchased a new stake in shares of Walmart during the second quarter worth $26,000. PFS Partners LLC boosted its holdings in Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after purchasing an additional 233 shares during the period. Ridgewood Investments LLC grew its stake in Walmart by 55.3% during the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after purchasing an additional 115 shares in the last quarter. Livelsberger Financial Advisory purchased a new stake in Walmart during the 2nd quarter worth about $44,000. Finally, Harbor Asset Planning Inc. acquired a new stake in Walmart in the 2nd quarter valued at about $46,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on WMT. UBS Group set a $130.00 target price on shares of Walmart in a report on Wednesday, December 3rd. Barclays reissued an “overweight” rating and issued a $125.00 price objective (up from $108.00) on shares of Walmart in a research report on Thursday. Wells Fargo & Company reaffirmed an “overweight” rating and set a $130.00 price objective (up from $120.00) on shares of Walmart in a research report on Friday, December 19th. Telsey Advisory Group reissued an “outperform” rating and issued a $135.00 target price on shares of Walmart in a report on Wednesday, December 17th. Finally, Tigress Financial raised their price target on Walmart from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. Thirty-two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $122.37.

Insider Buying and Selling

In related news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction on Friday, November 28th. The shares were sold at an average price of $109.57, for a total value of $2,127,411.12. Following the transaction, the chief executive officer directly owned 4,334,747 shares in the company, valued at $474,958,228.79. This trade represents a 0.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP David Chojnowski sold 7,000 shares of the company’s stock in a transaction 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 transaction, the senior vice president owned 136,289 shares of the company’s stock, valued at approximately $14,535,221.85. The trade was a 4.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 125,628 shares of company stock valued at $13,690,065. Company insiders own 0.10% of the company’s stock.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Barclays reiterated its Buy rating on WMT, reinforcing institutional confidence in Walmart’s outlook and supporting demand for the stock. Read More.
• Positive Sentiment: Mizuho raised its price target to $125 (from $115) and kept an Outperform/Overweight view, signaling upward analyst momentum that can boost buying interest. Read More.
• Positive Sentiment: Wells Fargo also lifted its target to $130 and remains constructive on Walmart, adding to the analyst support narrative behind the rally. Read More.
• Positive Sentiment: Walmart launched “Better Care Services,” a digital healthcare platform and lowered prices on some health items — a strategic push that could expand margins and services revenue over time. Analysts are re-assessing valuation with this new health push in mind. Read More.
• Positive Sentiment: Walmart added Shishir Mehrotra (ex-Grammarly/Superhuman) to its board — a governance move emphasizing AI and e‑commerce expertise that investors view as strengthening Walmart’s tech roadmap. Read More.
• Neutral Sentiment: Walmart launched a celebrity fashion line (Millie Bobby Brown) aimed at teens and young women — a branding/merchandising boost but likely modest near-term financial impact. Read More.
• Neutral Sentiment: Market coverage notes (Zacks, Kalkine, AmericanBankingNews) show elevated investor attention and a consensus “moderate buy,” which keeps the stock in focus but doesn’t single-handedly move fundamentals. Read More.
• Negative Sentiment: Amazon received approval to build a 225,000 sq ft Walmart-style supercenter near Chicago that would blend in-store shopping with fulfillment — a clear competitive threat to Walmart’s grocery and omnichannel footprint in key markets. Read More.
• Negative Sentiment: Deutsche Bank downgraded Walmart from Buy to Hold with a $119 target, signaling some analyst caution (limits upside relative to recent price moves) and adding selling pressure for more risk‑sensitive investors. Read More.

Walmart Stock Up 1.3%

Shares of NASDAQ:WMT opened at $114.53 on Friday. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $117.45. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24. The stock has a market cap of $912.82 billion, a P/E ratio of 40.05, a P/E/G ratio of 5.22 and a beta of 0.66. The firm has a fifty day moving average price of $109.73 and a 200 day moving average price of $103.73.

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

About Walmart

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.