OVERSEA CHINESE BANKING Corp Ltd Has $14.96 Million Stake in Walmart Inc. $WMT

OVERSEA CHINESE BANKING Corp Ltd reduced its position in shares of Walmart Inc. (NASDAQ:WMT) by 14.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 145,168 shares of the retailer’s stock after selling 24,478 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Walmart were worth $14,958,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC raised its holdings in shares of Walmart by 397,264.9% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock worth $10,496,702,000 after buying an additional 104,488,610 shares in the last quarter. Norges Bank bought a new position in Walmart in the second quarter valued at about $5,367,770,000. Laurel Wealth Advisors LLC raised its stake in Walmart by 9,648.7% during the second quarter. Laurel Wealth Advisors LLC now owns 11,486,374 shares of the retailer’s stock worth $1,123,138,000 after acquiring an additional 11,368,549 shares in the last quarter. Vanguard Group Inc. raised its stake in Walmart by 1.4% during the second quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock worth $42,223,116,000 after acquiring an additional 5,856,468 shares in the last quarter. Finally, Amundi boosted its stake in shares of Walmart by 23.5% in 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 in the last quarter. 26.76% of the stock is currently owned by institutional investors.

Insider Activity at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction on Friday, December 26th. The shares were sold at an average price of $111.83, for a total value of $2,171,291.28. Following the transaction, the chief executive officer owned 4,315,333 shares in the company, valued at $482,583,689.39. The trade was a 0.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of $115.21, for a total transaction of $460,840.00. Following the sale, the executive vice president directly owned 1,031,455 shares in the company, valued at $118,833,930.55. This trade represents a 0.39% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 110,953 shares of company stock valued at $12,108,889 over the last 90 days. 0.10% of the stock is owned by company insiders.

Walmart Price Performance

Shares of WMT opened at $120.04 on Thursday. The business has a 50-day moving average of $110.79 and a 200-day moving average of $104.24. 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 company has a market capitalization of $956.74 billion, a price-to-earnings ratio of 41.97, a price-to-earnings-growth ratio of 5.13 and a beta of 0.66. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $121.24.

Walmart (NASDAQ:WMT) last announced its earnings results on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, beating 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 business had revenue of $179.50 billion for the quarter, compared to analysts’ expectations of $175.15 billion. During the same period in the prior year, the business posted $0.58 earnings per share. The firm’s revenue was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, equities research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart News Roundup

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Google/AI partnership seen as value driver — analysis notes that Walmart’s collaboration with Alphabet (Google) on AI (Gemini) and integrations with ChatGPT are starting to show revenue/sales upside and are being credited with a valuation premium. This is a major reason investors are lifting the stock. Walmart: Alphabet Partnership Drives Stock To Record Valuation Premium
• Positive Sentiment: Goldman/Rewrites on AI upside — coverage highlights that Walmart’s AI investments with Google Gemini and ChatGPT are beginning to translate into better merchandising, search and potential sales lift, supporting upside to revenue estimates. Walmart’s AI push with Google Gemini and ChatGPT is starting to pay off
• Positive Sentiment: Momentum and leadership signals — Walmart hit a 52-week high, is being highlighted as a momentum stock by Zacks, and is set to join the Nasdaq-100, which boosts index-driven demand and visibility. Walmart Stock Hits 52-Week High: Should You Stay Invested?
• Positive Sentiment: Analyst support and price-target raises — multiple firms reaffirmed buy/outperform ratings (BTIG, Telsey) with higher price targets, supporting near-term upside expectations. Benzinga coverage of analyst ratings
• Positive Sentiment: Operational competitiveness vs Amazon — industry coverage argues Walmart is closing the online gap with Amazon, suggesting structural gains in market share and e-commerce growth. Walmart’s Closing the Amazon Online Sales Gap
• Neutral Sentiment: India tax-case headline could create legal precedent — India’s top court will rule on a 2018 Flipkart stake-sale tax dispute involving Tiger Global and Walmart’s acquisition. The direct impact on Walmart is unclear, but the decision could influence cross-border deal tax risk and investor sentiment. India court to rule on Tiger Global’s 2018 deal with Walmart
• Negative Sentiment: Valuation concerns and bearish takes — some analysts and commentators argue Walmart is overvalued after the run, warning that high P/E and a stretched multiple could leave shares vulnerable to a pullback if execution or margins disappoint. These critiques are tempering some investor enthusiasm. Walmart Is Overvalued – I’ve Just Sold My Shares

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Wolfe Research assumed coverage on shares of Walmart in a research report on Thursday, September 18th. They set an “outperform” rating and a $129.00 price objective for the company. Piper Sandler reiterated an “overweight” rating and set a $123.00 price target (up from $111.00) on shares of Walmart in a report on Friday, November 21st. The Goldman Sachs Group set a $121.00 price objective on Walmart and gave the company a “buy” rating in a report on Tuesday. JPMorgan Chase & Co. boosted their price objective on Walmart from $128.00 to $129.00 and gave the stock an “overweight” rating in a research report on Friday, November 21st. Finally, DA Davidson set a $130.00 target price on Walmart and gave the company a “buy” rating in a research report on Friday, November 21st. Thirty-two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Walmart has an average rating of “Moderate Buy” and an average price target of $122.70.

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.