Daniel Bartlett Sells 1,425 Shares of Walmart (NASDAQ:WMT) Stock

by · The Markets Daily

Walmart Inc. (NASDAQ:WMT – Get Free Report) EVP Daniel Bartlett sold 1,425 shares of the stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $117.00, for a total transaction of $166,725.00. Following the sale, the executive vice president directly owned 641,363 shares in the company, valued at $75,039,471. This trade represents a 0.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Walmart Stock Up 0.2%

WMT stock traded up $0.24 during midday trading on Wednesday, hitting $115.66. The company’s stock had a trading volume of 16,058,961 shares, compared to its average volume of 18,679,674. The firm’s 50-day moving average is $106.84 and its 200-day moving average is $101.78. 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 company has a market cap of $921.83 billion, a PE ratio of 40.44, a P/E/G ratio of 5.40 and a beta of 0.64.

Walmart (NASDAQ:WMT – Get Free Report) 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. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The firm had revenue of $179.50 billion during the quarter, compared to analysts’ expectations of $175.15 billion. During the same quarter in the previous year, the business earned $0.58 earnings per share. The company’s revenue 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 forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Walmart

Several large investors have recently made changes to their positions in WMT. Vanguard Group Inc. grew its holdings in Walmart by 0.9% during the 3rd quarter. Vanguard Group Inc. now owns 435,652,710 shares of the retailer’s stock valued at $44,898,368,000 after buying an additional 3,835,200 shares in the last quarter. State Street Corp grew its position in shares of Walmart by 1.2% during the third quarter. State Street Corp now owns 184,805,978 shares of the retailer’s stock valued at $19,046,104,000 after purchasing an additional 2,242,364 shares in the last quarter. Kingstone Capital Partners Texas LLC boosted its stake in Walmart by 397,264.9% during the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after buying an additional 104,488,610 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Walmart by 0.3% in the second quarter. Geode Capital Management LLC now owns 94,557,532 shares of the retailer’s stock valued at $9,199,712,000 after purchasing an additional 263,718 shares in the last quarter. Finally, Norges Bank bought a new stake in Walmart in the second quarter worth $5,367,770,000. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Piper Sandler reiterated an “overweight” rating and issued a $123.00 price target (up from $111.00) on shares of Walmart in a research note on Friday, November 21st. BMO Capital Markets lifted their target price on shares of Walmart from $110.00 to $125.00 and gave the stock an “outperform” rating in a research report on Friday, November 21st. Tigress Financial boosted their target price on shares of Walmart from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. Wolfe Research began coverage on Walmart in a research note on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price target on the stock. Finally, KeyCorp reiterated 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. Thirty-one equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Walmart currently has an average rating of “Moderate Buy” and an average target price of $120.18.

View Our Latest Stock Report on Walmart

About Walmart

(Get Free Report)

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.

Featured Stories