Godsey & Gibb 13F: New $2.7M Stake in Walmart (WMT)

Godsey & Gibb disclosed a new stake in Walmart Inc. (NasdaqGS: WMT) in a Form 13F filing with the SEC on October 14, 2026. The filing outlines institutional holdings from the reported period, though it may not reflect the firm's current share count today.

Inside Godsey & Gibb's Walmart Trade

The firm opened a brand-new position in the retail giant, picking up 26,291 shares. The reported value of the purchase sits at $2,732,191. Because this is a new holding, there was no prior stake recorded for the fund in this specific equity.

Other Institutional Activity in Walmart

Other major institutional managers adjusted their holdings in Walmart around the same period. Blackrock Inc. grew its holdings by 1,094,615 shares, ending with 354,196,208 shares worth about $42,082,050,607. Vanguard Capital Management LLC grew its holdings by 1,509,656 shares, ending with 286,350,346 shares worth about $34,021,283,909. State Street Corporation grew its holdings by 2,101,072 shares, ending with 188,036,646 shares worth about $22,340,633,452. Invesco Ltd. grew its holdings by 2,352,323 shares, ending with 148,459,333 shares worth about $17,638,452,991. Geode Capital Management, LLC grew its holdings by 592,799 shares, ending with 106,449,749 shares worth about $12,647,294,418.

Walmart Inc. Stock Up 2.1%

Walmart shares recently traded around $118.63 as of October 16, 2026. The stock sits above its 50-day moving average of $108.78 and trades below its 52-week high of $135.16.

Recent Earnings

Walmart reported trailing-twelve-month revenue of $735,839,977,472 and earnings of $2.76 per share. The company posted a net profit margin of 3.0% and a return on equity of 22.3%. Its next corporate earnings report is scheduled for release on November 19, 2026.

Dividend

Walmart pays an annual dividend backed by a payout ratio of 35.0% and a dividend yield of 0.84%.

Insider Buying and Selling at Walmart Inc.

Company insiders executed several transactions leading up to the filing. Officer Daniel J. Bartlett sold 3,710 shares on August 3, 2026, at an average price of $113.10 for a total value of $419,601. Officer Christopher James Nicholas sold 2,900 shares on August 20, 2026, at an average price of $106.34 for a total value of $308,383. Officer Daniel Danker sold 50,644 shares on August 26, 2026, at an average price of $105.35 for a total value of $5,335,345. Officer Daniel J. Bartlett sold another 3,950 shares on September 1, 2026, at an average price of $105.14 for a total value of $415,298.

Analysts Set New Price Targets

Wall Street firms have kept a close eye on the retail stock. On August 21, 2026, Telsey Advisory Group maintained an outperform rating and lowered its price target to $130.00 from $140.00. Tigress Financial maintained a buy rating with a $155.00 price target on August 31, 2026. DA Davidson maintained a buy rating with a $132.00 target on September 10, 2026, while BTIG reiterated a buy rating and a $140.00 target on September 10, 2026. Mizuho maintained an outperform rating on September 29, 2026, and adjusted its target to $125.00 from $130.00. Overall, Walmart maintains a consensus recommendation of buy with a mean price target of $127.35 across 40 analyst opinions.

About Walmart

Walmart operates a massive network of discount stores, wholesale clubs, and ecommerce platforms across the globe, serving millions of shoppers daily through its various retail segments. Institutional interest remains strong as the company prepares for its next earnings release.

Bottom Line

Investors will watch how retail demand holds up heading into Walmart's upcoming earnings report on November 19, 2026. Keep in mind that 13F filings are backward-looking and capture portfolio choices from the end of the previous quarter.