Rep. Kevin Hern Sells Shares of Walmart Inc. (NASDAQ:WMT)

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Walmart Inc. (NASDAQ:WMT). In a filing disclosed on September 25th, the Representative disclosed that they had sold between $1,001 and $15,000 in Walmart stock on August 27th. The trade occurred in the Representative’s “KEVIN HERN TRADITIONAL IRA” account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of CenterPoint Energy (NYSE:CNP) on 9/15/2026.
• Sold $1,001 – $15,000 in shares of TJX Companies (NYSE:TJX) on 9/15/2026.
• Sold $15,001 – $50,000 in shares of STERIS (NYSE:STE) on 9/15/2026.
• Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 9/15/2026.
• Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 9/14/2026.
• Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of IQVIA (NYSE:IQV) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of Emerson Electric (NYSE:EMR) on 9/14/2026.

Walmart Stock Down 1.8%

Shares of NASDAQ:WMT traded down $1.93 during trading hours on Tuesday, reaching $106.80. The stock had a trading volume of 24,683,729 shares, compared to its average volume of 25,358,785. Walmart Inc. has a 1 year low of $98.88 and a 1 year high of $135.15. The firm’s 50 day moving average is $109.17 and its 200-day moving average is $117.47. The stock has a market capitalization of $847.32 billion, a price-to-earnings ratio of 38.56, a P/E/G ratio of 4.12 and a beta of 0.59. 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 released its quarterly earnings data on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.07. The business had revenue of $187.94 billion during the quarter, compared to analysts’ expectations of $186.64 billion. Walmart had a net margin of 3.00% and a return on equity of 21.83%. The company’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.68 EPS. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Research analysts predict that Walmart Inc. will post 2.87 earnings per share for the current fiscal year.

Insider Activity at Walmart

In related news, EVP Daniel Danker sold 50,644 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $105.35, for a total transaction of $5,335,345.40. Following the sale, the executive vice president owned 201,672 shares of the company’s stock, valued at $21,246,145.20. The trade was a 20.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO John Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $106.66, for a total value of $1,399,912.50. Following the completion of the sale, the chief executive officer owned 647,912 shares of the company’s stock, valued at $69,106,293.92. This trade represents a 1.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 81,004 shares of company stock worth $8,601,724 over the last ninety days. Insiders own 0.09% of the company’s stock.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Membership growth could support profits: Record membership revenue from Walmart+, Sam’s Club and international operations may increase customer engagement, strengthen e-commerce economics and provide a higher-margin recurring revenue stream. Walmart’s Membership Gains Scale: Is It the Next Major Profit Engine?
• Positive Sentiment: Expanded AI-driven shopping access: Meta is adding Walmart to the partners supported by its Muse AI shopping agent. The arrangement could generate incremental online sales and customer discovery, although Meta is expected to monetize transactions through fees. Meta’s Muse Is Taking Aim at E-Commerce, But Amazon Isn’t Playing Along
• Positive Sentiment: Customer-trust positioning: CEO John Furner said Walmart will not use artificial intelligence to set personalized prices, potentially differentiating the retailer amid concerns about algorithmic pricing and supporting its value-focused brand. Walmart CEO says company won’t use AI to set personalized prices
• Neutral Sentiment: AI signage restrictions: Walmart has prohibited stores from using generative AI to create display signs. The policy may improve consistency and reduce inaccurate or low-quality messaging, but it also limits a potential labor-saving use of AI. Walmart bans AI slop signs in stores
• Negative Sentiment: Lower valuation benchmark: Mizuho cut its Walmart price target from $130 to $125 while maintaining an “outperform” rating. The continued bullish rating is supportive, but the lower target may weigh on sentiment, particularly with the shares trading at a high earnings multiple. Mizuho lowers Walmart price target
• Negative Sentiment: Delivery profitability remains uncertain: Store-fulfilled delivery increased about 40%, but small “forgotten grocery” orders could carry high picking and delivery costs. Investors are watching whether fees and merchandise margins can offset those expenses. Walmart Delivers Forgotten Groceries Fast

Institutional Trading of Walmart

Several institutional investors and hedge funds have recently added to or reduced their stakes in WMT. Bell & Brown Wealth Advisors LLC bought a new stake in Walmart during the 2nd quarter valued at $6,451,000. Advisortrust Partners LLC increased its holdings in shares of Walmart by 20.2% during the first quarter. Advisortrust Partners LLC now owns 67,142 shares of the retailer’s stock valued at $8,344,000 after purchasing an additional 11,283 shares during the period. Bank of America Corp DE acquired a new position in Walmart during the 2nd quarter valued at about $7,455,131,000. Union Bancaire Privee UBP SA boosted its holdings in shares of Walmart by 253.3% in the first quarter. Union Bancaire Privee UBP SA now owns 384,034 shares of the retailer’s stock valued at $47,728,000 after acquiring an additional 275,337 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in shares of Walmart by 2.9% in the first quarter. Janney Montgomery Scott LLC now owns 2,416,580 shares of the retailer’s stock valued at $300,333,000 after acquiring an additional 68,632 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

WMT has been the subject of a number of recent analyst reports. KeyCorp reaffirmed an “overweight” rating on shares of Walmart in a report on Thursday, September 10th. TD Cowen reiterated a “buy” rating on shares of Walmart in a report on Friday, August 21st. Royal Bank Of Canada decreased their target price on Walmart from $137.00 to $131.00 and set an “outperform” rating for the company in a research note on Friday, August 21st. Deutsche Bank Aktiengesellschaft set a $113.00 price target on Walmart in a report on Friday, August 21st. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $126.00 price target on shares of Walmart in a research note on Friday, August 21st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $131.74.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About Walmart

Walmart Inc (NASDAQ: WMT) is a multinational retailer that operates supercenters, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its merchandise includes groceries, apparel, electronics, home goods, health and wellness products, household essentials and general merchandise. Walmart also provides services such as grocery pickup and delivery, pharmacy services, financial products and digital advertising.

The company serves customers through its Walmart U.S., Walmart International and Sam’s Club segments.