Rep. Jefferson Shreve Purchases Shares of Walmart Inc. (NYSE:WMT)

Representative Jefferson Shreve (R-Indiana) recently bought shares of Walmart Inc. (NYSE:WMT). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $15,001 and $50,000 in Walmart stock on April 11th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $50,001 – $100,000 in shares of Chipotle Mexican Grill (NYSE:CMG) on 4/17/2025.
• Purchased $50,001 – $100,000 in shares of Applied Materials (NASDAQ:AMAT) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Caterpillar (NYSE:CAT) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Lululemon Athletica (NASDAQ:LULU) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Western Digital (NASDAQ:WDC) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Zoetis (NYSE:ZTS) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Stryker (NYSE:SYK) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of CSX (NASDAQ:CSX) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Ross Stores (NASDAQ:ROST) on 4/17/2025.

Walmart Stock Down 0.7 %

Shares of NYSE WMT opened at $96.78 on Friday. The company has a market cap of $774.33 billion, a price-to-earnings ratio of 40.16, a PEG ratio of 4.42 and a beta of 0.70. The company has a current ratio of 0.82, a quick ratio of 0.23 and a debt-to-equity ratio of 0.40. Walmart Inc. has a 12 month low of $59.44 and a 12 month high of $105.30. The stock has a 50-day moving average price of $90.66 and a two-hundred day moving average price of $91.91.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.64 by $0.02. Walmart had a net margin of 2.85% and a return on equity of 21.87%. The business had revenue of $180.55 billion during the quarter, compared to analysts’ expectations of $178.83 billion. As a group, analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 12th will be paid a $0.235 dividend. This represents a yield of 0.95%. The ex-dividend date is Friday, May 9th. Walmart’s dividend payout ratio (DPR) is presently 39.00%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on WMT. StockNews.com raised Walmart from a “hold” rating to a “buy” rating in a research note on Friday, May 2nd. UBS Group reduced their target price on shares of Walmart from $112.00 to $110.00 and set a “buy” rating on the stock in a report on Thursday, April 10th. DZ Bank raised shares of Walmart from a “hold” rating to a “buy” rating and set a $110.00 price target for the company in a research note on Tuesday, February 25th. Telsey Advisory Group reissued an “outperform” rating and issued a $115.00 price objective on shares of Walmart in a research note on Thursday, April 10th. Finally, Citigroup reaffirmed a “buy” rating on shares of Walmart in a report on Tuesday. Two analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $103.94.

Insider Transactions at Walmart

In other news, EVP Daniel J. Bartlett sold 1,600 shares of the stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $103.99, for a total transaction of $166,384.00. Following the transaction, the executive vice president now directly owns 423,597 shares in the company, valued at approximately $44,049,852.03. This represents a 0.38 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $96.95, for a total value of $2,823,571.80. Following the completion of the sale, the chief executive officer now owns 3,558,247 shares of the company’s stock, valued at $344,972,046.65. The trade was a 0.81 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 133,857 shares of company stock valued at $12,444,743. 45.58% of the stock is owned by corporate insiders.

Institutional Trading of Walmart

Hedge funds and other institutional investors have recently bought and sold shares of the company. CenterBook Partners LP purchased a new position in shares of Walmart during the 1st quarter valued at $15,159,000. Ontario Teachers Pension Plan Board boosted its stake in Walmart by 28,684.8% during the first quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock valued at $371,295,000 after buying an additional 4,214,661 shares during the period. Deutsche Bank AG grew its position in Walmart by 33.4% during the first quarter. Deutsche Bank AG now owns 13,683,991 shares of the retailer’s stock worth $1,201,318,000 after buying an additional 3,427,615 shares in the last quarter. Chicago Partners Investment Group LLC increased its stake in Walmart by 28.0% in the 1st quarter. Chicago Partners Investment Group LLC now owns 51,436 shares of the retailer’s stock worth $4,516,000 after acquiring an additional 11,238 shares during the last quarter. Finally, Citizens Financial Group Inc. RI raised its holdings in shares of Walmart by 1.5% in the 1st quarter. Citizens Financial Group Inc. RI now owns 190,923 shares of the retailer’s stock valued at $16,782,000 after acquiring an additional 2,807 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

About Walmart

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.