K.J. Harrison & Partners Inc Has $379,000 Stock Position in Walmart Inc. $WMT

Key Points

• K.J. Harrison & Partners cut its Walmart stake by 93.9% in Q4, selling 52,000 shares and retaining 3,404 shares valued at about $379,000.
• Insiders including Director C. Douglas McMillon and EVP John D. Rainey have sold stock recently; insiders sold a total of 167,195 shares worth roughly $20.98 million over the last three months.
• Walmart trades near $130 with a $1.04 trillion market cap, carries an average analyst "Buy" rating (avg. target ~$138), and pays a quarterly dividend of $0.2475 (annualized $0.99, ~0.8% yield).

K.J. Harrison & Partners Inc lessened its holdings in Walmart Inc. (NASDAQ:WMT - Free Report) by 93.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,404 shares of the retailer's stock after selling 52,000 shares during the quarter. K.J. Harrison & Partners Inc's holdings in Walmart were worth $379,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Ponta Wealth Partners LLC bought a new position in shares of Walmart during the fourth quarter worth approximately $888,000. Alecta Tjanstepension Omsesidigt increased its holdings in shares of Walmart by 17.1% during the fourth quarter. Alecta Tjanstepension Omsesidigt now owns 1,277,800 shares of the retailer's stock worth $142,245,000 after purchasing an additional 186,400 shares during the period. Indivisible Partners bought a new position in shares of Walmart during the fourth quarter worth approximately $2,121,000. RFG Advisory LLC increased its holdings in shares of Walmart by 17.4% during the fourth quarter. RFG Advisory LLC now owns 115,264 shares of the retailer's stock worth $12,842,000 after purchasing an additional 17,048 shares during the period. Finally, Stevens Capital Management LP bought a new position in shares of Walmart during the fourth quarter worth approximately $1,199,000. 26.76% of the stock is owned by institutional investors.

Insider Transactions at Walmart

In other Walmart news, Director C Douglas Mcmillon sold 19,416 shares of the firm's stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $132.21, for a total value of $2,566,989.36. Following the sale, the director owned 4,193,995 shares in the company, valued at $554,488,078.95. This trade represents a 0.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP John D. Rainey sold 20,000 shares of the firm's stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $127.79, for a total transaction of $2,555,800.00. Following the completion of the sale, the executive vice president owned 486,764 shares in the company, valued at $62,203,571.56. This represents a 3.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 167,195 shares of company stock valued at $20,975,804. Corporate insiders own 0.10% of the company's stock.

Walmart Stock Performance

Shares of NASDAQ:WMT opened at $130.20 on Friday. The company's 50 day simple moving average is $125.91 and its 200 day simple moving average is $118.22. The stock has a market capitalization of $1.04 trillion, a price-to-earnings ratio of 47.52, a price-to-earnings-growth ratio of 4.85 and a beta of 0.65. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.79 and a quick ratio of 0.24. Walmart Inc. has a 1 year low of $91.89 and a 1 year high of $134.69.

Walmart (NASDAQ:WMT - Get Free Report) last announced its quarterly earnings data on Thursday, February 19th. The retailer reported $0.74 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.73 by $0.01. The business had revenue of $190.66 billion for the quarter, compared to analysts' expectations of $188.37 billion. Walmart had a net margin of 3.07% and a return on equity of 21.44%. The firm's quarterly revenue was up 5.6% compared to the same quarter last year. During the same period last year, the firm posted $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. As a group, research analysts predict that Walmart Inc. will post 2.89 EPS for the current fiscal year.

Walmart Announces Dividend

The business also recently announced 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 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 36.13%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on WMT. Raymond James Financial reaffirmed an "outperform" rating and set a $135.00 target price on shares of Walmart in a report on Friday, March 6th. Royal Bank Of Canada set a $145.00 target price on shares of Walmart in a report on Friday, February 20th. Truist Financial raised their target price on shares of Walmart from $127.00 to $139.00 and gave the stock a "buy" rating in a report on Friday, February 20th. BTIG Research raised their target price on shares of Walmart from $140.00 to $145.00 and gave the stock a "buy" rating in a report on Wednesday. Finally, Wells Fargo & Company reissued an "overweight" rating and issued a $140.00 price objective (up from $130.00) on shares of Walmart in a research note on Tuesday, February 10th. Two analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $138.09.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: BTIG raised its price target to $145 and issued a buy rating, signaling more upside from sell‑side research which can attract momentum buyers and support the stock. BTIG price target raise
• Positive Sentiment: BTIG also issued a positive forecast for WMT, reinforcing the buy case from analysts and likely contributing to investor confidence. BTIG Research Issues Positive Forecast for Walmart
• Positive Sentiment: CNBC reports that higher‑earners are disproportionately driving Walmart’s stock strength this year — a shift that suggests resilience in discretionary spend at WMT and helps explain recent multiple expansion. Walmart has been on fire this year
• Positive Sentiment: Fisher Asset Management boosted its Walmart stake by ~350,904 shares, an institutional buy that signals confidence and can support the share price via flows. Fisher Asset Management Boosts Walmart Stake
• Positive Sentiment: Coverage remembering Walmart’s long-term dividend and total‑return track record supports buy‑and‑hold sentiment among income investors. Walmart Has Rewarded Patient Investors
• Neutral Sentiment: Barron’s warns upcoming retail earnings (including Walmart’s) will be watched for signs of consumer stress amid high gas prices — a macro read that could swing sentiment either way depending on results. Retail Earnings Will Show How Much Pressure Consumers Are Under
• Neutral Sentiment: Walmart Canada launched a $1M donation campaign with Children’s Miracle Network — positive PR but unlikely to move the stock materially. Walmart Canada and Children's Miracle Network Rally Canadians
• Neutral Sentiment: A smallholder (RWWM, Inc.) trimmed its stake by ~2,388 shares — a minor position change that doesn’t meaningfully alter institutional ownership trends. RWWM Trims Walmart Stake
• Negative Sentiment: Seeking Alpha argues Walmart’s current valuation is hard to justify, flagging risk of multiple contraction if growth disappoints — a narrative that can pressure the stock. Walmart: Tough To Justify This Valuation
• Negative Sentiment: Business Insider reports operational friction after Walmart partially reversed cart‑handling rules following safety concerns — a sign of execution/worker‑safety issues that could draw short‑term negative attention. Walmart changes cart rules for workers

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.

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