Walmart (NASDAQ:WMT) EVP Sells $419,601.00 in Stock

Walmart Inc. (NASDAQ:WMT) EVP Daniel Bartlett sold 3,710 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $113.10, for a total transaction of $419,601.00. Following the completion of the transaction, the executive vice president owned 626,299 shares of the company’s stock, valued at approximately $70,834,416.90. This represents a 0.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Walmart Stock Performance

Shares of NASDAQ WMT opened at $112.07 on Friday. The company has a market capitalization of $891.86 billion, a PE ratio of 39.32, a price-to-earnings-growth ratio of 4.19 and a beta of 0.61. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.77. The company’s fifty day moving average price is $114.58 and its 200 day moving average price is $121.73. Walmart Inc. has a 1 year low of $95.42 and a 1 year high of $135.15.

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

Analyst Ratings Changes

WMT has been the subject of a number of analyst reports. Sanford C. Bernstein set a $142.00 price target on Walmart and gave the stock an “outperform” rating in a report on Friday, July 31st. Mizuho set a $130.00 price objective on Walmart in a report on Monday, July 27th. Guggenheim boosted their price objective on Walmart from $120.00 to $137.00 and gave the company a “buy” rating in a research report on Monday, April 13th. BNP Paribas Exane reduced their target price on Walmart from $147.00 to $146.00 and set an “outperform” rating for the company in a research note on Friday, May 22nd. Finally, Freedom Capital upgraded Walmart from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $138.56.

Institutional Investors Weigh In On Walmart

Several institutional investors have recently bought and sold shares of the company. Brighton Jones LLC boosted its stake in Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after purchasing an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of Walmart by 5.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after buying an additional 485 shares in the last quarter. Peterson Wealth Management boosted its position in Walmart by 3.5% during the first quarter. Peterson Wealth Management now owns 50,307 shares of the retailer’s stock worth $4,416,000 after acquiring an additional 1,715 shares during the last quarter. Sivia Capital Partners LLC boosted its position in Walmart by 0.9% during the second quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer’s stock worth $1,272,000 after acquiring an additional 116 shares during the last quarter. Finally, Schnieders Capital Management LLC. raised its holdings in Walmart by 1.2% in the 2nd quarter. Schnieders Capital Management LLC. now owns 91,341 shares of the retailer’s stock valued at $8,931,000 after acquiring an additional 1,048 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

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.