Walmart Inc. $WMT is State Farm Mutual Automobile Insurance Co.’s 7th Largest Position

State Farm Mutual Automobile Insurance Co. cut its position in shares of Walmart Inc. (NASDAQ:WMT) by 0.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,994,947 shares of the retailer’s stock after selling 254,203 shares during the period. Walmart makes up 3.4% of State Farm Mutual Automobile Insurance Co.’s holdings, making the stock its 7th biggest holding. State Farm Mutual Automobile Insurance Co. owned 0.49% of Walmart worth $4,018,819,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Brighton Jones LLC lifted its stake in shares of Walmart by 28.8% in the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after purchasing an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in Walmart by 5.8% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after buying an additional 485 shares during the period. Peterson Wealth Management raised its holdings in Walmart by 3.5% in the 1st quarter. Peterson Wealth Management now owns 50,307 shares of the retailer’s stock valued at $4,416,000 after buying an additional 1,715 shares during the period. Sivia Capital Partners LLC lifted its position in Walmart by 0.9% in the second quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer’s stock valued at $1,272,000 after buying an additional 116 shares during the last quarter. Finally, Schnieders Capital Management LLC. boosted its stake in Walmart by 1.2% during the second quarter. Schnieders Capital Management LLC. now owns 91,341 shares of the retailer’s stock worth $8,931,000 after buying an additional 1,048 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on WMT shares. BMO Capital Markets reissued an “outperform” rating on shares of Walmart in a research note on Wednesday, January 14th. Royal Bank Of Canada set a $145.00 target price on shares of Walmart in a report on Friday, February 20th. Sanford C. Bernstein reissued an “outperform” rating and issued a $134.00 target price (up from $129.00) on shares of Walmart in a research report on Friday, February 20th. Citigroup restated a “buy” rating and set a $147.00 price target (up from $120.00) on shares of Walmart in a research note on Thursday, February 5th. Finally, Jefferies Financial Group set a $145.00 price target on Walmart in a research report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Walmart currently has a consensus rating of “Moderate Buy” and a consensus price target of $134.42.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Bank of America reinstated coverage on Walmart with a Buy rating and a $150 price target, framing Walmart as a defensive winner in a bifurcated economy — a notable analyst push that can attract buyers. Walmart (NASDAQ:WMT) Research Coverage Started at Bank of America
• Positive Sentiment: Sam’s Club showed momentum: sales +2.9%, traffic +5.3% and e?commerce +23% — evidence of membership and online growth that supports revenue upside and margin leverage. Walmart’s Sam’s Club Sales Rise 2.9%: Will the Growth Accelerate?
• Positive Sentiment: Analyst/consumer commentary highlights Walmart’s durable same?store sales growth, wide moat and investments in e?commerce, digital ads and AI — framing the company as a secularly resilient retailer. 3 Things to Know About Walmart Stock Before You Buy
• Positive Sentiment: Walmart picked up additional national CPG distribution with Liquid Youth’s sparkling collagen water launching at select Walmart stores — a modest but constructive win for grocery/consumer assortment. Liquid Youth™ Expands Retail Footprint with Launch at Target and Walmart
• Neutral Sentiment: Commentary questions whether Walmart’s multi?year run has effectively “peaked,” noting the company’s historically single?digit growth profile versus recent growth multiple expansion — raises valuation debate but not new fundamentals. Has Walmart’s Stock Peaked?
• Neutral Sentiment: Valuation analysis after a ~32% one?year rally asks whether the upside is already priced in; useful context for long?term investors weighing entry points. Is Walmart (WMT) Still Attractive After 32% One Year Share Price Rally?
• Negative Sentiment: Major selling: reports that Walmart’s largest shareholder sold about $220M of shares have surfaced — large, visible disposals can pressure sentiment and create short?term supply. Walmart’s Largest Shareholder Dumps $220 Million in Shares
• Negative Sentiment: Additional reports show the Walton family trust sold roughly $380M of WMT stock over several days — a substantial insider sell program that can weigh on the stock until buying interest absorbs the supply. Walton Family Trust Dumps $380 Million in Walmart Stock Over Five Days

Insiders Place Their Bets

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction dated Friday, December 26th. The stock was sold at an average price of $111.83, for a total transaction of $2,171,291.28. Following the completion of the transaction, the chief executive officer directly owned 4,315,333 shares of the company’s stock, valued at approximately $482,583,689.39. The trade was a 0.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $119.99, for a total transaction of $1,574,868.75. Following the sale, the executive vice president owned 727,155 shares in the company, valued at $87,251,328.45. The trade was a 1.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 259,703 shares of company stock worth $31,585,043. Corporate insiders own 0.10% of the company’s stock.

Walmart Stock Performance

Shares of WMT stock opened at $127.10 on Tuesday. The firm has a 50 day moving average of $120.73 and a two-hundred day moving average of $110.37. The stock has a market capitalization of $1.01 trillion, a PE ratio of 46.39, a P/E/G ratio of 5.03 and a beta of 0.66. The company has a quick ratio of 0.24, a current ratio of 0.79 and a debt-to-equity ratio of 0.38. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $134.69.

Walmart (NASDAQ:WMT) last posted its quarterly earnings data on Thursday, February 19th. The retailer reported $0.74 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.01. The business had revenue of $190.66 billion for the quarter, compared to analyst estimates of $188.37 billion. Walmart had a return on equity of 21.44% and a net margin of 3.07%.The company’s revenue was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.66 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. On average, research analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, January 4th. Shareholders of record on Friday, December 11th will be given a $0.2475 dividend. The ex-dividend date of this dividend is Friday, December 11th. This represents a $0.99 dividend on an annualized basis and a yield of 0.8%. Walmart’s dividend payout ratio (DPR) is currently 34.31%.

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.