Kathryn Mclay Sells 4,000 Shares of Walmart (NYSE:WMT) Stock

Walmart Inc. (NYSE:WMT) EVP Kathryn Mclay sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $101.63, for a total transaction of $406,520.00. Following the transaction, the executive vice president directly owned 1,040,455 shares in the company, valued at approximately $105,741,441.65. The trade was a 0.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Walmart Stock Down 1.7%

WMT stock traded down $1.82 during trading hours on Friday, hitting $105.29. The company’s stock had a trading volume of 41,386,003 shares, compared to its average volume of 18,464,893. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $839.46 billion, a PE ratio of 39.58, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $109.57. The stock has a 50 day moving average price of $103.49 and a two-hundred day moving average price of $99.85.

Walmart (NYSE:WMT) last released its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $179.50 billion for the quarter, compared to the consensus estimate of $175.15 billion. During the same quarter last year, the firm earned $0.58 EPS. Walmart’s revenue for the quarter was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, equities research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Revolve Wealth Partners LLC raised its stake in Walmart by 1.0% during the 3rd quarter. Revolve Wealth Partners LLC now owns 9,926 shares of the retailer’s stock valued at $1,023,000 after purchasing an additional 96 shares during the last quarter. Atlas Legacy Advisors LLC increased its holdings in shares of Walmart by 1.1% during the 2nd quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock worth $851,000 after purchasing an additional 98 shares during the period. Meridian Wealth Partners LLC raised its position in shares of Walmart by 2.1% during the second quarter. Meridian Wealth Partners LLC now owns 4,804 shares of the retailer’s stock valued at $470,000 after buying an additional 99 shares during the last quarter. Hemington Wealth Management lifted its stake in shares of Walmart by 1.8% in the third quarter. Hemington Wealth Management now owns 5,695 shares of the retailer’s stock valued at $586,000 after buying an additional 99 shares during the period. Finally, Boomfish Wealth Group LLC lifted its stake in shares of Walmart by 2.7% in the third quarter. Boomfish Wealth Group LLC now owns 3,701 shares of the retailer’s stock valued at $381,000 after buying an additional 99 shares during the period. 26.76% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on WMT. Guggenheim reaffirmed a “buy” rating and issued a $120.00 price target (up previously from $115.00) on shares of Walmart in a research report on Friday. Truist Financial raised their price objective on Walmart from $109.00 to $119.00 and gave the company a “buy” rating in a research note on Thursday. BMO Capital Markets upped their target price on Walmart from $110.00 to $125.00 and gave the stock an “outperform” rating in a research report on Friday. Piper Sandler reiterated an “overweight” rating and set a $123.00 price target (up previously from $111.00) on shares of Walmart in a report on Friday. Finally, The Goldman Sachs Group lifted their price target on shares of Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research report on Friday, August 22nd. Thirty-one investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $118.55.

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.