Convergence Investment Partners LLC Reduces Holdings in Walmart Inc. $WMT

Convergence Investment Partners LLC decreased its holdings in Walmart Inc. (NASDAQ:WMT) by 31.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 40,556 shares of the retailer’s stock after selling 18,536 shares during the quarter. Walmart makes up 0.9% of Convergence Investment Partners LLC’s portfolio, making the stock its 23rd biggest position. Convergence Investment Partners LLC’s holdings in Walmart were worth $4,180,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in WMT. Norges Bank acquired a new stake in shares of Walmart during the second quarter worth $5,367,770,000. Laurel Wealth Advisors LLC increased its stake in shares of Walmart by 9,648.7% in the second quarter. Laurel Wealth Advisors LLC now owns 11,486,374 shares of the retailer’s stock valued at $1,123,138,000 after purchasing an additional 11,368,549 shares during the period. Vanguard Group Inc. increased its position in 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 acquiring an additional 5,856,468 shares during the period. Amundi raised its stake in shares of Walmart by 23.5% during the second 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. Finally, AGF Management Ltd. raised its position in shares of Walmart by 1,176.6% during the 2nd quarter. AGF Management Ltd. now owns 3,317,487 shares of the retailer’s stock worth $324,384,000 after buying an additional 3,057,612 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on WMT shares. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $129.00 target price (up previously from $122.00) on shares of Walmart in a research note on Monday, January 5th. Robert W. Baird raised their price objective on shares of Walmart from $110.00 to $121.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. Jefferies Financial Group restated a “buy” rating on shares of Walmart in a research report on Tuesday, December 9th. Telsey Advisory Group reissued an “outperform” rating and set a $135.00 target price on shares of Walmart in a research note on Wednesday, January 14th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $123.00 price target (up from $111.00) on shares of Walmart in a research note on Friday, November 21st. Thirty-two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $123.37.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Leadership change signals digital focus — John Furner will become CEO of Walmart Inc. on Feb. 1, a move markets interpret as a deliberate shift to accelerate Walmart’s digital footprint and omnichannel execution, which could support long?term revenue and margin expansion. Walmart’s Choice for New CEO Signals Intent to Expand Digital Footprint
• Positive Sentiment: Scale and top-line strength — a recent review highlights Walmart generated roughly $681 billion in revenue in fiscal 2025 (about $1.87B/day), underscoring the company’s dominant scale that supports bargaining power, assortment investment, and steady cash flow. Walmart’s $611 Billion Annual Revenue: Breaking Down $1.7 Billion Per Day
• Positive Sentiment: Front?line investment in pharmacy staff — Walmart is boosting pay and elevating about 3,000 pharmacy roles, which should help reduce turnover, improve service in a high?margin category, and support healthcare strategy. That operational investment is viewed positively for execution and customer experience. Walmart boosting pay potential for pharmacy technicians, elevates 3,000 roles
• Neutral Sentiment: Competitive landscape remains intense — coverage highlights ongoing competition between Walmart and Amazon across grocery and healthcare, a reminder that pricing and logistics arms races could pressure margins even as Walmart scales services. Amazon, Walmart Fight War on 2 Fronts: Grocery and Healthcare
• Neutral Sentiment: Merchandising promotions — brands like Cate & Chloe are featuring product assortments on Walmart.com for seasonal gifting (Valentine’s), which supports e?commerce assortment and marketing but is not material alone. Cate & Chloe Highlights Valentine’s Day Hoop Earrings Available at Walmart
• Neutral Sentiment: Broader retail PR and community efforts — unrelated consumer goods relief efforts (e.g., P&G storm relief) reflect sector-wide CSR activity; positive for brand but limited direct impact on Walmart’s near?term financials. PROCTER & GAMBLE BRINGS RELIEF TO MISSISSIPPI RESIDENTS AFFECTED BY SEVERE WINTER STORM

Walmart Stock Up 1.5%

WMT opened at $119.14 on Monday. The stock has a market capitalization of $949.57 billion, a price-to-earnings ratio of 41.66, a P/E/G ratio of 5.08 and a beta of 0.65. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $121.62. The business has a 50 day moving average of $114.48 and a 200-day moving average of $106.10. The company has a current ratio of 0.80, a quick ratio of 0.24 and a debt-to-equity ratio of 0.39.

Walmart (NASDAQ:WMT) last posted its quarterly earnings results 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 net margin of 3.26% and a return on equity of 21.31%. The company had revenue of $179.50 billion for the quarter, compared to analyst estimates of $175.15 billion. During the same period last year, the business posted $0.58 EPS. The business’s quarterly 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, sell-side analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

Insiders Place Their Bets

In related news, EVP John R. Furner sold 13,125 shares of the stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $104.75, for a total value of $1,374,843.75. Following the completion of the transaction, the executive vice president owned 879,815 shares of the company’s stock, valued at $92,160,621.25. This represents a 1.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Donna Morris sold 9,384 shares of the stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $120.19, for a total value of $1,127,862.96. Following the completion of the transaction, the executive vice president directly owned 536,312 shares of the company’s stock, valued at approximately $64,459,339.28. The trade was a 1.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 133,015 shares of company stock valued at $15,082,012 in the last ninety days. 0.10% of the stock is currently owned by insiders.

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.