Daniel J. Bartlett Sells 1,760 Shares of Walmart Inc. (NYSE:WMT) Stock

Walmart Inc. (NYSE:WMT) EVP Daniel J. Bartlett sold 1,760 shares of the business’s stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of $94.82, for a total transaction of $166,883.20. Following the transaction, the executive vice president now directly owns 520,275 shares of the company’s stock, valued at approximately $49,332,475.50. This represents a 0.34 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Walmart Price Performance

Shares of NYSE:WMT opened at $93.17 on Friday. Walmart Inc. has a one year low of $58.56 and a one year high of $105.30. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23. The company has a market cap of $746.93 billion, a price-to-earnings ratio of 38.66, a PEG ratio of 4.42 and a beta of 0.69. The firm has a 50 day simple moving average of $91.52 and a 200 day simple moving average of $90.33.

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

Walmart Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Stockholders of record on Friday, December 12th will be issued a dividend of $0.235 per share. This represents a $0.94 annualized dividend and a dividend yield of 1.01%. The ex-dividend date of this dividend is Friday, December 12th. Walmart’s dividend payout ratio (DPR) is currently 39.00%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. FPC Investment Advisory Inc. acquired a new position in shares of Walmart during the fourth quarter worth $25,000. Horizon Financial Services LLC raised its position in Walmart by 1,007.7% during the 4th quarter. Horizon Financial Services LLC now owns 288 shares of the retailer’s stock worth $26,000 after purchasing an additional 262 shares during the last quarter. Fiduciary Advisors Inc. acquired a new position in Walmart during the 4th quarter worth about $27,000. Decker Retirement Planning Inc. acquired a new stake in shares of Walmart in the fourth quarter valued at about $32,000. Finally, Noble Wealth Management PBC bought a new position in shares of Walmart during the fourth quarter worth about $37,000. Institutional investors own 26.76% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on WMT shares. Truist Financial boosted their price objective on Walmart from $98.00 to $111.00 and gave the stock a “buy” rating in a research report on Tuesday, February 11th. Guggenheim reissued a “buy” rating and issued a $100.00 price objective on shares of Walmart in a research report on Monday, February 24th. Citigroup restated a “positive” rating on shares of Walmart in a research note on Thursday, February 20th. DZ Bank upgraded shares of Walmart from a “hold” rating to a “buy” rating and set a $110.00 price target on the stock in a research report on Tuesday, February 25th. Finally, Oppenheimer reduced their target price on shares of Walmart from $110.00 to $95.00 and set an “outperform” rating for the company in a research note on Monday, April 7th. Three research analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $103.58.

Walmart Company Profile

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.