Walmart (NASDAQ:WMT) EVP Sells $165,964.55 in Stock

Walmart Inc. (NASDAQ:WMT) EVP Daniel Bartlett sold 1,385 shares of Walmart stock in a transaction on Monday, June 15th. The stock was sold at an average price of $119.83, for a total transaction of $165,964.55. Following the completion of the sale, the executive vice president owned 633,784 shares of the company’s stock, valued at approximately $75,946,336.72. This trade represents a 0.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Walmart Stock Performance

NASDAQ WMT opened at $117.18 on Friday. The company has a market capitalization of $932.53 billion, a price-to-earnings ratio of 41.12, a price-to-earnings-growth ratio of 4.37 and a beta of 0.59. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.23. Walmart Inc. has a 12 month low of $94.23 and a 12 month high of $135.15. The company’s fifty day moving average price is $124.61 and its two-hundred day moving average price is $122.04.

Walmart (NASDAQ:WMT) last released its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, hitting the consensus estimate of $0.66. The company had revenue of $177.75 billion during the quarter, compared to the consensus estimate of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The company’s revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.61 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. As a group, research analysts predict that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft set a $120.00 price objective on Walmart in a report on Friday, February 20th. Freedom Capital upgraded Walmart from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 21st. Telsey Advisory Group boosted their price target on Walmart from $135.00 to $140.00 and gave the company an “outperform” rating in a report on Friday, February 20th. UBS Group set a $141.00 price target on Walmart and gave the company a “buy” rating in a research report on Friday, May 22nd. Finally, Evercore restated an “outperform” rating on shares of Walmart in a research note on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $138.85.

Institutional Trading of Walmart

Several hedge funds have recently added to or reduced their stakes in WMT. Pacer Advisors Inc. increased its holdings in shares of Walmart by 12.4% during the first quarter. Pacer Advisors Inc. now owns 384,700 shares of the retailer’s stock valued at $47,811,000 after purchasing an additional 42,319 shares during the period. S&A Financial Services Inc. acquired a new stake in Walmart in the first quarter worth about $683,000. E Wealth Partners LLC lifted its holdings in Walmart by 5.3% in the first quarter. E Wealth Partners LLC now owns 3,321 shares of the retailer’s stock worth $413,000 after purchasing an additional 166 shares during the period. Curry Webb Wealth Management LLC bought a new position in Walmart in the 1st quarter valued at about $346,000. Finally, FAS Wealth Partners Inc. grew its position in Walmart by 1.3% in the 1st quarter. FAS Wealth Partners Inc. now owns 95,876 shares of the retailer’s stock valued at $11,915,000 after buying an additional 1,239 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Company Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.