Walmart (NASDAQ:WMT) EVP Daniel Bartlett Sells 3,950 Shares

Walmart Inc. (NASDAQ:WMT) EVP Daniel Bartlett sold 3,950 shares of the stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $105.14, for a total transaction of $415,303.00. Following the completion of the transaction, the executive vice president owned 622,349 shares in the company, valued at $65,433,773.86. This represents a 0.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Walmart Trading Up 0.2%

WMT traded up $0.17 during trading on Wednesday, reaching $106.09. 24,959,054 shares of the company’s stock were exchanged, compared to its average volume of 25,680,857. The company’s fifty day moving average price is $111.38 and its 200-day moving average price is $120.08. The firm has a market capitalization of $841.69 billion, a PE ratio of 38.30, a P/E/G ratio of 4.00 and a beta of 0.59. Walmart Inc. has a fifty-two week low of $97.50 and a fifty-two week high of $135.15. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.23 and a current ratio of 0.77.

Walmart (NASDAQ:WMT) last posted its quarterly earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.07. Walmart had a return on equity of 21.83% and a net margin of 3.00%.The company had revenue of $187.94 billion for the quarter, compared to the consensus estimate of $186.64 billion. During the same quarter in the prior year, the business posted $0.68 EPS. The firm’s quarterly revenue was up 5.9% on a year-over-year basis. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. As a group, equities analysts forecast that Walmart Inc. will post 2.87 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Truist Financial set a $114.00 target price on Walmart and gave the stock a “buy” rating in a research report on Friday, August 21st. Mizuho set a $130.00 target price on shares of Walmart in a report on Monday, July 27th. Guggenheim set a $130.00 price target on shares of Walmart and gave the stock a “buy” rating in a research report on Friday, August 21st. Piper Sandler reissued an “overweight” rating and issued a $128.00 price target (down from $137.00) on shares of Walmart in a report on Friday, August 21st. Finally, Freedom Capital upgraded shares of Walmart from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 20th. Three analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $131.88.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Merkkuri Wealth Advisors LLC acquired a new position in Walmart in the 1st quarter worth $29,000. Entrust Financial LLC acquired a new stake in shares of Walmart in the 4th quarter valued at about $27,000. Montgomery Financial Services LLC bought a new stake in shares of Walmart in the second quarter valued at about $32,000. Bay Harbor Wealth Management LLC boosted its position in shares of Walmart by 57.4% during the fourth quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock worth $32,000 after buying an additional 105 shares during the period. Finally, Sankala Group LLC acquired a new position in shares of Walmart during the fourth quarter worth about $33,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

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.