Walton Family Remains Walmart's 'Absolute Shareholder' Despite Minor Stake Reduction

According to an amended Schedule 13D filing for Walmart Inc. (NYSE: WMT), the combined stake of Walton Enterprises and the Walton Family Holdings Trust fell by more than one percentage point, though they remain the largest shareholders with roughly 44 percent and 6 percent ownership, respectively. Between March 24 and 25, the Walton Family Trust sold about 3.27 million shares on the open market. New CEO John Furner also sold shares valued at approximately $1.6 million (around 2.1 billion KRW) under a prearranged Rule 10b5-1 plan.

In fiscal year 2026, Walmart reported net sales of $713 billion (about ₩958 trillion), continuing its year-over-year growth. The company has accelerated its technology-driven business transformation—with inclusion in the Nasdaq 100 index and a focus on AI-powered commerce and pricing strategies.

Walmart is a leading global retailer operating both physical stores and e-commerce platforms across 19 countries. Each week, roughly 280 million customers visit its stores, making it a key barometer of global consumer activity.