GLOBALT Investments LLC / GA 13F: Cuts WMT Stake by $1.8M

GLOBALT Investments LLC reduced its stake in Walmart Inc. (WMT) by 17,697 shares, bringing its total to 92,104 shares valued at about $9.57 million as of October 27, 2026. This move was disclosed in the fund's latest Form 13F filing with the SEC.

WMT Walmart Inc.

$119.32 ▲ +6.49% year to date

1M 3M YTD

Daily close · Oct 27, 2026

What Changed in GLOBALT Investments' Walmart Position

In its filing for the quarter ended September 30, 2026, GLOBALT Investments reported a decrease of 16.1% in its Walmart holdings. The fund now holds 92,104 shares, down from 109,801 shares previously. This change represents a reduction valued at approximately $1.84 million.

Where Walmart Fits in GLOBALT Investments' Portfolio

Walmart is the 28th largest position in GLOBALT Investments' portfolio, making up about 0.57% of the total reported value of $1.68 billion.

Other Institutional Activity in Walmart

Several other funds have also adjusted their positions in Walmart recently. Pinnacle Wealth Management Advisory Group cut its holdings by 7,329 shares, ending with 125,398 shares valued at about $13.03 million. In contrast, Barings opened a new position, adding 21,410 shares for a total of 26,039 shares worth approximately $2.71 million. Meanwhile, Sagespring Wealth Partners reduced its stake by 22,157 shares, totaling 162,928 shares valued at about $16.93 million.

Walmart Inc. Stock Down 0.5%

As of October 27, 2026, Walmart shares closed at $119.32, which is about equal to their recent trading price. The stock is currently above its 50-day moving average by about 8.9%. However, it remains approximately 11.7% below its 52-week high of $135.16.

Recent Earnings

Walmart reported trailing twelve-month revenue of approximately $735.84 billion, with an EPS of $2.76 and a net margin of 3.0%. The next earnings report is scheduled for November 19, 2026.

Dividend

Walmart pays an annual dividend rate of $0.99 per share, yielding approximately 0.82%. The dividend payout ratio stands at 35.0%.

Insider Buying and Selling at Walmart Inc.

Several insiders sold shares recently. Officer Daniel J. Bartlett sold 3,710 shares on August 3, 2026, at an average price of $113.10, totaling about $419,601. Officer Christopher James Nicholas sold 2,900 shares on August 20, 2026, for approximately $308,383. Additionally, Daniel Danker sold 50,644 shares on August 26, 2026, valued at about $5.34 million.

Analysts Set New Price Targets

On October 15, 2026, Deutsche Bank upgraded Walmart to a Buy rating with a new price target of $136.00, up from $113.00. Earlier, on September 10, 2026, both DA Davidson and BTIG maintained their Buy ratings with targets of $132.00 and $140.00, respectively.

About Walmart Inc.

Walmart Inc. operates retail and wholesale stores, clubs, and ecommerce platforms globally. The company has three main segments: Walmart U.S., Walmart International, and Sam's Club U.S. This filing reflects a strategic adjustment in GLOBALT's portfolio amidst ongoing market dynamics.

Bottom Line

Investors should keep an eye on Walmart's upcoming earnings report on November 19, 2026, as well as any further changes in institutional holdings as the market evolves.