Walmart (NASDAQ:WMT) Stock Sale Reported by Rep. Kevin Hern

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%

Walmart stock traded down $1.93 during mid-day trading on Tuesday, reaching $106.80. The stock had a trading volume of 26,968,622 shares, compared to its average volume of 20,887,846. Walmart Inc. has a one year low of $98.88 and a one year high of $135.15. The company has a 50-day moving average price of $109.10 and a two-hundred day moving average price of $117.35. The company has a market capitalization of $847.32 billion, a price-to-earnings ratio of 38.56, a PEG ratio of 4.15 and a beta of 0.59. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.23.

Walmart (NASDAQ:WMT) last released its quarterly earnings data 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. The business had revenue of $187.94 billion during the quarter, compared to analyst estimates of $186.64 billion. Walmart had a net margin of 3.00% and a return on equity of 21.83%. Walmart’s revenue was up 5.9% compared to the same quarter last year. During the same period last year, the business 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. On average, analysts expect that Walmart Inc. will post 2.87 EPS for the current fiscal year.

Insider Activity

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

Hedge Funds Weigh In On Walmart

Several hedge funds and other institutional investors have recently modified their holdings of the company. Bank of America Corp DE purchased a new stake in Walmart during the second quarter valued at approximately $7,455,131,000. Norges Bank purchased a new stake in shares of Walmart in the 4th quarter worth $6,458,529,000. Legal & General Group Plc purchased a new position in Walmart during the second quarter valued at $2,905,655,000. Canada Pension Plan Investment Board bought a new stake in Walmart during the second quarter valued at about $796,677,000. Finally, Deutsche Bank AG raised its stake in shares of Walmart by 54.0% in the second quarter. Deutsche Bank AG now owns 18,607,297 shares of the retailer’s stock worth $2,107,462,000 after buying an additional 6,525,224 shares during the period. 26.76% of the stock is owned by institutional investors.

Walmart News Roundup

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Analyst still expects upside. Mizuho lowered its Walmart price target from $130 to $125 but maintained an “outperform” rating, implying substantial potential appreciation from recent levels. Mizuho lowers Walmart price target
• Positive Sentiment: Membership is becoming a larger profit engine. Record membership-fee revenue from Walmart+, Sam’s Club and international operations could support customer retention, e-commerce economics and higher-margin recurring revenue. Walmart membership gains scale
• Positive Sentiment: New digital-commerce channels may expand reach. Walmart is among the retailers partnering with Meta’s Muse AI shopping agent, potentially generating incremental e-commerce demand as Meta monetizes transactions through fees. Meta Muse e-commerce partnerships
• Neutral Sentiment: Management is emphasizing brand trust. Walmart says it will not use AI to set personalized prices and has instructed stores not to use generative AI for display signage. The policies may reduce reputational and regulatory risks, although they are unlikely to materially affect near-term earnings. Walmart AI pricing policy
• Negative Sentiment: Delivery growth raises margin questions. Store-fulfilled delivery grew roughly 40%, but Walmart must determine whether fees and merchandise profits cover picking and last-mile delivery costs on small orders. Rising convenience demand is positive for sales but could pressure margins if order economics remain weak. Walmart delivery profitability
• Negative Sentiment: Competitive pressure remains elevated. Kroger is adopting Walmart-style everyday-low-price tactics, while Walmart is also competing with Ulta in the expanding beauty, health and wellness category. These initiatives could intensify price competition and raise customer-acquisition costs. Kroger adopts Walmart pricing strategy

Analysts Set New Price Targets

WMT has been the subject of a number of recent analyst reports. Weiss Ratings lowered shares of Walmart from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, July 31st. UBS Group reduced their target price on Walmart from $141.00 to $130.00 and set a “buy” rating for the company in a report on Friday, August 21st. KeyCorp restated an “overweight” rating on shares of Walmart in a research note on Thursday, September 10th. Tigress Financial reaffirmed a “buy” rating and set a $155.00 price target on shares of Walmart in a report on Monday, August 31st. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $115.00 price objective on shares of Walmart in a research report on Friday, August 21st. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target 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.