Walmart (NASDAQ:WMT) Stock Price Down 1.6% – Here’s Why

Walmart Inc. (NASDAQ:WMT)’s stock price traded down 1.6% during trading on Tuesday . The stock traded as low as $109.89 and last traded at $110.39. Approximately 22,334,822 shares changed hands during mid-day trading, a decline of 13% from the average session volume of 25,570,260 shares. The stock had previously closed at $112.20.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Royal Bank of Canada reaffirmed its outperform rating on Walmart and raised its price target to $137, suggesting solid upside if the company continues to execute. Benzinga report on RBC rating
• Positive Sentiment: Walmart announced a partnership with ReturnPro to refurbish and resell returned products, which could improve e-commerce profitability, reduce waste, and support operating efficiency. Walmart Partners With ReturnPro To Resell Returned Products
• Positive Sentiment: Several articles framed Walmart as a solid growth stock, citing above-average financial growth and positioning to outperform the market over time. Is Walmart a Solid Growth Stock? 3 Reasons to Think Yes
• Neutral Sentiment: One commentary noted that retail stocks are trading mixed as rising interest rates and macro uncertainty create uneven conditions for the sector, which does not directly change Walmart’s fundamentals but may keep investors cautious. AMZN, WMT, and TGT Forecasts
• Neutral Sentiment: Coverage also mentioned new brands joining Walmart’s platform and broader valuation debate, suggesting ongoing investor attention but no single clear catalyst. Walmart Faces A Fresh Valuation Test
• Negative Sentiment: RBC’s softer near-term outlook for Walmart’s fiscal Q2 reflects continued pressure on lower-income shoppers, which could weigh on sales and margins in the short term. Walmart Seen Delivering Softer Q2 as Lower-income Shoppers Remain Pressured
• Negative Sentiment: Recent articles also pointed to Walmart shares falling amid a market uptick and a disappointing six-month performance, reinforcing concerns about valuation and momentum. Walmart Stock Falls Amid Market Uptick

Wall Street Analyst Weigh In

A number of research firms have commented on WMT. Piper Sandler reissued an “overweight” rating on shares of Walmart in a research note on Monday, June 8th. Erste Group Bank cut Walmart from a “buy” rating to a “hold” rating in a research note on Friday, June 5th. Guggenheim lifted their price target on shares of Walmart from $120.00 to $137.00 and gave the stock a “buy” rating in a research report on Monday, April 13th. Weiss Ratings reiterated a “buy (b)” rating on shares of Walmart in a research report on Friday, July 17th. Finally, UBS Group set a $141.00 target price on Walmart and gave the company a “buy” rating in a research note on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $138.85.

Walmart Stock Down 1.0%

The company has a market cap of $870.06 billion, a price-to-earnings ratio of 38.36, a price-to-earnings-growth ratio of 4.12 and a beta of 0.60. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The firm’s fifty day moving average price is $117.67 and its 200-day moving average price is $122.09.

Walmart (NASDAQ:WMT) last released its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, meeting analysts’ consensus estimates of $0.66. The business had revenue of $177.75 billion during the quarter, compared to analysts’ expectations of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The firm’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.61 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Sell-side analysts predict that Walmart Inc. will post 2.89 earnings per share for the current year.

Insider Buying and Selling at Walmart

In other news, EVP Daniel J. Bartlett sold 3,775 shares of the stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $109.64, for a total transaction of $413,891.00. Following the completion of the sale, the executive vice president owned 630,009 shares of the company’s stock, valued at $69,074,186.76. This represents a 0.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $118.63, for a total transaction of $2,303,320.08. Following the completion of the transaction, the director directly owned 4,174,579 shares of the company’s stock, valued at approximately $495,230,306.77. The trade was a 0.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 67,729 shares of company stock worth $8,124,931 over the last three months. Company insiders own 0.09% of the company’s stock.

Hedge Funds Weigh In On Walmart

Large investors have recently bought and sold shares of the company. Entrust Financial LLC bought a new stake in Walmart during the 4th quarter worth about $27,000. Merkkuri Wealth Advisors LLC bought a new stake in shares of Walmart during the 1st quarter worth approximately $29,000. Beacon Financial Strategies CORP acquired a new stake in shares of Walmart in the 4th quarter valued at approximately $30,000. Bay Harbor Wealth Management LLC grew its stake in shares of Walmart by 57.4% in the fourth quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock valued at $32,000 after buying an additional 105 shares in the last quarter. Finally, Clayton Financial Group LLC grew its stake in shares of Walmart by 193.0% in the fourth quarter. Clayton Financial Group LLC now owns 293 shares of the retailer’s stock valued at $33,000 after buying an additional 193 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Company Profile

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.