Walmart Inc. $WMT Shares Sold by Northern Financial Advisors Inc

Key Points

• Northern Financial Advisors cut its Walmart stake by 42.2% in Q4, selling 18,733 shares and leaving it with 25,679 shares valued at about $2.86 million (≈3.3% of the firm's portfolio).
• Insider selling has been notable: CEO John R. Furner sold 13,125 shares and EVP Christopher J. Nicholas sold 2,900 shares (both mid‑April around $124.7–$124.8), and insiders have sold a total of 243,960 shares worth ~$30.3 million in the last 90 days.
• Walmart's business momentum and analyst support remain positive: the company launched a new maintenance services unit and one‑hour Sam’s Club delivery, broadened healthcare and private‑label initiatives, Morgan Stanley raised its price target to $140, and Walmart beat Q4 revenue and EPS expectations while guiding FY27 EPS to $2.75–$2.85.

Northern Financial Advisors Inc reduced its holdings in shares of Walmart Inc. (NASDAQ:WMT - Free Report) by 42.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,679 shares of the retailer's stock after selling 18,733 shares during the period. Walmart accounts for approximately 3.3% of Northern Financial Advisors Inc's investment portfolio, making the stock its 7th biggest holding. Northern Financial Advisors Inc's holdings in Walmart were worth $2,861,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Brighton Jones LLC boosted its position in shares of Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock worth $8,868,000 after purchasing an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in shares of Walmart by 5.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock worth $800,000 after purchasing an additional 485 shares in the last quarter. Peterson Wealth Management boosted its position in shares of Walmart by 3.5% during the 1st quarter. Peterson Wealth Management now owns 50,307 shares of the retailer's stock worth $4,416,000 after purchasing an additional 1,715 shares in the last quarter. Sivia Capital Partners LLC boosted its position in shares of Walmart by 0.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer's stock worth $1,272,000 after purchasing an additional 116 shares in the last quarter. Finally, Schnieders Capital Management LLC. boosted its position in shares of Walmart by 1.2% during the 2nd quarter. Schnieders Capital Management LLC. now owns 91,341 shares of the retailer's stock worth $8,931,000 after purchasing an additional 1,048 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Walmart news, EVP Christopher James Nicholas sold 2,900 shares of the stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $124.72, for a total value of $361,688.00. Following the completion of the sale, the executive vice president owned 596,008 shares in the company, valued at approximately $74,334,117.76. This trade represents a 0.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $124.84, for a total transaction of $1,638,525.00. Following the transaction, the chief executive officer directly owned 674,162 shares in the company, valued at approximately $84,162,384.08. This represents a 1.91% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 243,960 shares of company stock worth $30,284,661 over the last ninety days. Insiders own 0.10% of the company's stock.

Walmart News Roundup

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart announced a new business unit, Upstream Facility Services, to sell maintenance services to other businesses — a push to monetize logistics/operations expertise beyond retail that could add recurring revenue and higher-margin service income. Walmart Inc. (WMT) Diversifies Beyond Retail Into Maintenance Services
• Positive Sentiment: Sam’s Club launched a one‑hour delivery option for members, escalating competition with Costco and Amazon on convenience and helping Walmart drive higher basket frequency and membership value. Faster delivery supports digital growth and same‑day monetization. Walmart's warehouse club ups the pressure on Costco with a new member perk
• Positive Sentiment: Morgan Stanley raised its price target on WMT to $140 and keeps an "overweight" rating — a visible buy‑side endorsement that can lift sentiment and flows into the stock. Benzinga analyst note
• Positive Sentiment: Walmart is expanding healthcare/omnichannel offerings (Better Care Services, GLP‑1 support) and integrating pharmacy/virtual care — moves that broaden addressable market and higher‑margin services revenue. Walmart Boosts Growth Playbook With Healthcare, Omnichannel Push
• Positive Sentiment: Walmart is revamping its Great Value private‑label across ~10,000 items and modernizing stores and delivery staging — initiatives aimed at margin improvement, stronger value perception and better e‑commerce fulfillment. Walmart Revamps ‘Great Value’ Brand as Shoppers Shift to Lower-Priced Options
• Neutral Sentiment: WMT is a frequently trending stock and subject of value/peer comparisons (e.g., Carrefour) and analyst roundup pieces — useful for sentiment tracking but not immediate catalysts. CRRFY vs. WMT: Which Stock Is the Better Value Option?
• Neutral Sentiment: Partnerships like the Back to the Roots soil‑health product at Walmart are positive for brand and CSR but represent a modest direct financial impact. Back to the Roots Scales Regenerative Movement Nationwide
• Negative Sentiment: A California court complaint alleges Amazon coerced vendors to pressure retailers like Walmart into raising prices — if investigations expand, it could create regulatory scrutiny or supplier dynamics that indirectly affect Walmart’s pricing and relationships. California says Amazon coerced companies into illegally raising prices

Walmart Trading Up 0.3%

WMT opened at $129.98 on Thursday. 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 fifty-two week low of $91.89 and a fifty-two week high of $134.69. The firm has a market capitalization of $1.04 trillion, a PE ratio of 47.44, a P/E/G ratio of 4.83 and a beta of 0.66. The company's 50-day moving average is $125.70 and its 200 day moving average is $116.53.

Walmart (NASDAQ:WMT - Get Free Report) last posted its earnings results 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. Walmart had a net margin of 3.07% and a return on equity of 21.44%. The company had revenue of $190.66 billion for the quarter, compared to analyst estimates of $188.37 billion. During the same quarter in the prior year, the business posted $0.66 EPS. The firm's revenue was up 5.6% compared to the same quarter last year. 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 earnings per share for the current fiscal year.

Walmart Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 4th. Investors of record on Friday, December 11th will be issued a $0.2475 dividend. This represents a $0.99 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, December 11th. Walmart's dividend payout ratio is currently 36.13%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on WMT shares. Bank of America started coverage on shares of Walmart in a research report on Friday, February 27th. They set a "buy" rating and a $150.00 price objective on the stock. Oppenheimer reissued an "outperform" rating and set a $140.00 price objective (up from $125.00) on shares of Walmart in a research report on Monday, February 9th. Raymond James Financial reissued an "outperform" rating and set a $135.00 price objective on shares of Walmart in a research report on Friday, March 6th. Tigress Financial set a $150.00 price objective on shares of Walmart and gave the stock a "buy" rating in a research report on Wednesday, February 25th. Finally, CICC Research started coverage on shares of Walmart in a research report on Friday, December 26th. They set an "outperform" rating and a $125.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Walmart has an average rating of "Buy" and a consensus target price of $137.79.

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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