C Douglas Mcmillon Sells 19,416 Shares of Walmart (NASDAQ:WMT) Stock

Walmart Inc. (NASDAQ:WMT) CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction that occurred on Friday, December 26th. The stock was sold at an average price of $111.83, for a total transaction of $2,171,291.28. Following the completion of the transaction, the chief executive officer owned 4,315,333 shares in the company, valued at approximately $482,583,689.39. This represents a 0.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

C Douglas Mcmillon also recently made the following trade(s):

• On Friday, November 28th, C Douglas Mcmillon sold 19,416 shares of Walmart stock. The shares were sold at an average price of $109.57, for a total transaction of $2,127,411.12.
• On Thursday, October 23rd, C Douglas Mcmillon sold 19,416 shares of Walmart stock. The stock was sold at an average price of $107.18, for a total transaction of $2,081,006.88.

Walmart Stock Up 0.7%

WMT traded up $0.79 during trading on Monday, hitting $112.53. 12,536,885 shares of the company’s stock traded hands, compared to its average volume of 18,732,826. The company’s 50 day simple moving average is $108.13 and its two-hundred day simple moving average is $102.61. The company has a current ratio of 0.80, a quick ratio of 0.24 and a debt-to-equity ratio of 0.39. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $117.45. The stock has a market capitalization of $896.88 billion, a price-to-earnings ratio of 39.35, a PEG ratio of 5.16 and a beta of 0.64.

Walmart (NASDAQ:WMT) last posted its quarterly 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 during the quarter, compared to analysts’ expectations of $175.15 billion. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The company’s revenue was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Institutional Trading of Walmart

Several hedge funds have recently bought and sold shares of the stock. Triumph Capital Management purchased a new position in shares of Walmart in the third quarter valued at about $160,000. PMG Family Office LLC bought a new stake in Walmart during the 3rd quarter valued at approximately $200,000. Finivi Inc. raised its stake in Walmart by 0.6% during the 3rd quarter. Finivi Inc. now owns 50,970 shares of the retailer’s stock valued at $5,253,000 after purchasing an additional 281 shares during the period. AIA Group Ltd lifted its holdings in Walmart by 64.6% in the 3rd quarter. AIA Group Ltd now owns 111,503 shares of the retailer’s stock worth $11,491,000 after purchasing an additional 43,767 shares in the last quarter. Finally, Peterson Wealth Management boosted its stake in Walmart by 4.1% in the 3rd quarter. Peterson Wealth Management now owns 49,177 shares of the retailer’s stock worth $5,068,000 after purchasing an additional 1,947 shares during the period. Institutional investors own 26.76% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on WMT. Wells Fargo & Company reaffirmed an “overweight” rating and set a $130.00 price target (up previously from $120.00) on shares of Walmart in a report on Friday, December 19th. KeyCorp restated an “overweight” rating and set a $120.00 price objective (up previously from $110.00) on shares of Walmart in a research report on Friday, November 21st. JPMorgan Chase & Co. lifted their target price on shares of Walmart from $128.00 to $129.00 and gave the stock an “overweight” rating in a research report on Friday, November 21st. Morgan Stanley reissued an “overweight” rating and set a $125.00 price target (up from $115.00) on shares of Walmart in a report on Friday, November 21st. Finally, BMO Capital Markets lifted their price objective on Walmart from $110.00 to $125.00 and gave the stock an “outperform” rating in a report on Friday, November 21st. Thirty-two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $120.69.

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.