Walmart (NASDAQ:WMT) Stock Price Down 1.2% – Should You Sell?

Walmart Inc. (NASDAQ:WMT)’s stock price dropped 1.2% during mid-day trading on Tuesday . The stock traded as low as $114.95 and last traded at $115.42. Approximately 18,304,779 shares were traded during mid-day trading, a decline of 2% from the average daily volume of 18,685,010 shares. The stock had previously closed at $116.79.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on WMT shares. Wells Fargo & Company set a $120.00 price objective on shares of Walmart and gave the company an “overweight” rating in a research note on Friday, November 21st. Morgan Stanley reaffirmed an “overweight” rating and set a $125.00 price target (up previously from $115.00) on shares of Walmart in a research note on Friday, November 21st. The Goldman Sachs Group upped their price objective on shares of Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research report on Friday, August 22nd. Evercore ISI set a $120.00 target price on Walmart and gave the stock an “outperform” rating in a research report on Tuesday. Finally, UBS Group set a $130.00 price target on Walmart in a research note on Wednesday, December 3rd. Thirty-one analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and a consensus target price of $119.41.

Walmart Stock Performance

The company has a fifty day moving average of $106.59 and a two-hundred day moving average of $101.66. The stock has a market capitalization of $919.92 billion, a P/E ratio of 40.36, a price-to-earnings-growth ratio of 5.40 and a beta of 0.64. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24.

Walmart (NASDAQ:WMT) last issued its earnings results on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, topping the consensus estimate of $0.60 by $0.02. The company had revenue of $179.50 billion during the quarter, compared to analyst estimates of $175.15 billion. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The business’s revenue was up 5.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, equities analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Insider Activity at Walmart

In other news, EVP John D. Rainey sold 2,200 shares of the firm’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $111.23, for a total value of $244,706.00. Following the transaction, the executive vice president directly owned 617,318 shares in the company, valued at approximately $68,664,281.14. This trade represents a 0.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $101.63, for a total transaction of $406,520.00. Following the sale, the executive vice president directly owned 1,040,455 shares of the company’s stock, valued at approximately $105,741,441.65. This represents a 0.38% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 126,403 shares of company stock valued at $13,386,774 in the last ninety days. 0.10% of the stock is owned by insiders.

Institutional Trading of Walmart

Several hedge funds have recently made changes to their positions in WMT. Collier Financial acquired a new position in shares of Walmart during the third quarter valued at $25,000. Access Investment Management LLC bought a new stake in Walmart in the 2nd quarter valued at about $26,000. Your Advocates Ltd. LLP bought a new position in Walmart in the 3rd quarter worth about $28,000. Redmont Wealth Advisors LLC acquired a new stake in shares of Walmart in the third quarter valued at approximately $30,000. Finally, PFS Partners LLC raised its holdings in shares of Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after buying an additional 233 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

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.