Walmart (NASDAQ:WMT) EVP Daniel Bartlett Sells 1,385 Shares of Stock

Walmart Inc. (NASDAQ:WMT) EVP Daniel Bartlett sold 1,385 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $119.83, for a total transaction of $165,964.55. Following the sale, the executive vice president owned 633,784 shares of the company’s stock, valued at $75,946,336.72. This trade represents a 0.22% 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 link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Walmart Stock Down 2.4%

WMT stock opened at $118.13 on Thursday. 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 52-week low of $94.09 and a 52-week high of $135.15. The company has a 50-day moving average of $124.92 and a two-hundred day moving average of $122.03. The stock has a market capitalization of $940.09 billion, a price-to-earnings ratio of 41.45, a price-to-earnings-growth ratio of 4.52 and a beta of 0.59.

Walmart (NASDAQ:WMT) last announced its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, meeting the consensus estimate of $0.66. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The firm had revenue of $177.75 billion during the quarter, compared to the consensus estimate of $174.84 billion. During the same quarter in the prior year, the company earned $0.61 EPS. The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. 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, equities research analysts anticipate that Walmart Inc. will post 2.89 EPS for the current year.

Institutional Trading of Walmart

Several institutional investors have recently made changes to their positions in WMT. Norges Bank acquired a new stake in Walmart during the fourth quarter valued at approximately $6,458,529,000. AQR Capital Management LLC boosted its stake in Walmart by 188.1% in the 3rd quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer’s stock valued at $1,199,907,000 after buying an additional 7,614,172 shares in the last quarter. Geode Capital Management LLC boosted its stake in Walmart by 6.8% in the 4th quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer’s stock valued at $11,426,753,000 after buying an additional 6,517,394 shares in the last quarter. Capital International Investors acquired a new stake in Walmart in the 4th quarter valued at $592,848,000. Finally, Vanguard Group Inc. boosted its stake in Walmart by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer’s stock valued at $49,015,626,000 after buying an additional 4,304,436 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. UBS Group set a $141.00 price objective on Walmart and gave the company a “buy” rating in a research report on Friday, May 22nd. Erste Group Bank downgraded shares of Walmart from a “buy” rating to a “hold” rating in a report on Friday, June 5th. BMO Capital Markets reissued an “outperform” rating on shares of Walmart in a report on Friday, May 22nd. Sanford C. Bernstein reissued an “outperform” rating on shares of Walmart in a research report on Monday, June 8th. Finally, TD Cowen reissued a “buy” rating and set a $150.00 target price (up from $145.00) on shares of Walmart in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $138.85.

About Walmart

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.