Midwest Trust 13F: Adds $3.3M to Walmart (WMT) Stake

Midwest Trust lifted its stake in Walmart Inc. WMT by 3.9% during the quarter, adding 31,969 shares to own a total of 838,543 shares. According to a Form 13F filing with the Securities and Exchange Commission on October 22, 2026, the firm's total investment was worth about $87.1 million at the end of the period.

WMT Walmart Inc.

$120.48 ▲ +7.52% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Midwest Trust's Walmart Inc. Position

The firm grew its holdings by 31,969 shares to reach a final count of 838,543 shares. That marks a 3.9% increase from the prior quarter's total of 806,574 shares. Walmart closed at $11.12 on the filing date.

Other Institutional Activity in Walmart Inc.

Other large institutional investors shifted their positions in the retail giant during the same period. Sagespring Wealth Partners trimmed its holdings by 22,157 shares, dropping 12.0% to end with 162,928 shares worth about $16.9 million. Meanwhile, Barings significantly grew its position, lifting its stake by 462.5% by adding 21,410 shares to finish with 26,039 shares valued at roughly $2.7 million. B. Riley Wealth Advisors also grew its stake, adding 26,574 shares for a total of 99,656 shares worth about $10.4 million. Norden Group initiated a new footprint by picking up 234,825 shares valued at around $13.7 million.

Walmart Inc. Stock Up 2.8%

Walmart shares recently traded near $121.14, staying roughly equal to their $121.12 close on the filing date. The stock sits about 10.4% below its 52-week high of $135.16 and roughly 22.5% above its 52-week low of $98.88. Shares are trading 10.9% above their 50-day moving average of $109.24 and 2.4% above their 200-day moving average of $118.35.

Recent Earnings

For the trailing twelve months, Walmart brought in $735.8 billion in revenue and reported earnings of $2.76 per share. The company posted a 5.9% year-over-year revenue growth rate alongside a 3.0% net margin and a 22.3% return on equity. Investors can look toward the next earnings release scheduled for November 19, 2026.

Dividend

Walmart rewards shareholders with an annual dividend rate of $0.99 per share, translating to a dividend yield of 0.84% and a payout ratio of 35.0%.

Insider Buying and Selling at Walmart Inc.

Company insiders executed several stock sales prior to the filing. Executive vice president Christopher James Nicholas sold 2,900 shares on September 17, 2026, at an average price of $106.65 for a total value of $309,285.87. Latriece Watkins sold 5,000 shares on October 14, 2026, at $115.00 per share for a $575,000 total. On October 15, 2026, Christopher James Nicholas sold another 2,900 shares at $120.60, collecting $349,751.31, while president and CEO John R. Furner sold 13,125 shares at $120.60 for a total of $1,582,901.25. All of these transactions were carried out under pre-arranged Rule 10b5-1 plans.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock through September and October 2026. DA Davidson and BTIG both maintained buy ratings with respective price targets of $132.00 and $140.00 on September 10, 2026. Mizuho maintained an outperform rating on September 29, 2026, while adjusting its target from $130.00 to $125.00. Deutsche Bank upgraded the stock to a buy and raised its target from $113.00 to $136.00 on October 15, 2026. Evercore ISI Group maintained an outperform rating and lifted its target from $125.00 to $130.00 on October 20, 2026. Overall, the stock carries a consensus buy rating and a mean price target of $127.48 across 40 analyst opinions.

About Walmart Inc.

Walmart operates a massive network of retail discount stores, wholesale clubs, and ecommerce platforms across the globe, serving customers through its domestic and international storefronts as well as digital portals.

Bottom Line

Institutional interest in Walmart remains active as major funds adjust their positions. Investors will watch the upcoming November earnings report for fresh updates on retail demand and profit margins.