Evernest Financial Advisors Boosts Walmart Stake by 64%

Investment firm now holds $3.14 million in Walmart shares

Published on Mar. 4, 2026

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Evernest Financial Advisors LLC increased its position in Walmart Inc. (NASDAQ:WMT) by 64% in the third quarter, according to a recent SEC filing. The firm now owns 30,502 shares of the retailer's stock, valued at $3,143,000.

Why it matters

Walmart is one of the world's largest retailers, and institutional investor activity in the stock can provide insights into market sentiment and future performance. Evernest's significant increase in its Walmart holdings suggests the firm sees value and growth potential in the company.

The details

According to the 13F filing, Evernest Financial Advisors acquired an additional 11,908 shares of Walmart during the third quarter, bringing its total position to 30,502 shares. This represents 0.9% of the firm's overall portfolio and makes Walmart its 25th largest holding.

  • Evernest Financial Advisors increased its Walmart stake in the third quarter of 2026.

The players

Evernest Financial Advisors LLC

An investment management firm that provides financial advisory services.

Walmart Inc.

A multinational retail corporation that operates a broad portfolio of store formats and digital services, including large-format supercenters, discount department stores, and a membership warehouse chain.

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The takeaway

Evernest Financial Advisors' significant increase in its Walmart holdings suggests the firm sees strong growth potential in the retail giant, which could signal positive sentiment among other institutional investors as well.