Insider Selling: Walmart (NYSE:WMT) EVP Sells $244,706.00 in Stock

Walmart Inc. (NYSE:WMT) EVP John Rainey sold 2,200 shares of the stock in a transaction on Monday, December 1st. The shares were sold at an average price of $111.23, for a total value of $244,706.00. Following the sale, the executive vice president directly owned 617,318 shares in the company, valued at approximately $68,664,281.14. The trade was a 0.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Walmart Stock Performance

Shares of NYSE WMT opened at $114.85 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24. The company has a market cap of $915.68 billion, a PE ratio of 40.16, a price-to-earnings-growth ratio of 5.29 and a beta of 0.64. The company has a 50-day simple moving average of $104.82 and a 200-day simple moving average of $100.71. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $114.89.

Walmart (NYSE:WMT) last released its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.02. The firm had revenue of $179.50 billion for the quarter, compared to the consensus estimate of $175.15 billion. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The firm’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.58 earnings per share. 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 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have commented on WMT. Bank of America lifted their target price on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. DA Davidson set a $130.00 price target on Walmart and gave the stock a “buy” rating in a research report on Friday, November 21st. Sanford C. Bernstein restated an “outperform” rating and issued a $122.00 price target (up from $118.00) on shares of Walmart in a research report on Friday, November 21st. The Goldman Sachs Group increased their price objective on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. Finally, Truist Financial raised their price target on shares of Walmart from $109.00 to $119.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Thirty-one investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $119.00.

Hedge Funds Weigh In On Walmart

Large investors have recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC boosted its stake in shares of Walmart by 397,264.9% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock worth $10,496,702,000 after buying an additional 104,488,610 shares during the last quarter. Norges Bank bought a new stake in Walmart during the second quarter worth about $5,367,770,000. Nuveen LLC acquired a new position in Walmart during the first quarter valued at approximately $2,532,331,000. Laurel Wealth Advisors LLC grew its stake in Walmart by 9,648.7% in the second quarter. Laurel Wealth Advisors LLC now owns 11,486,374 shares of the retailer’s stock valued at $1,123,138,000 after purchasing an additional 11,368,549 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in Walmart by 30.1% in the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock valued at $2,922,770,000 after purchasing an additional 7,706,201 shares in the last quarter. Institutional investors and hedge funds 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.