Walmart (NASDAQ:WMT) Stock: Insider Daniel Bartlett Sells 3,346 Shares

Walmart Inc. (NASDAQ:WMT) EVP Daniel Bartlett sold 3,346 shares of Walmart stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $124.51, for a total value of $416,610.46. Following the completion of the transaction, the executive vice president owned 615,013 shares in the company, valued at approximately $76,575,268.63. This represents a 0.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Walmart Stock Up 3.5%

Shares of NASDAQ WMT opened at $129.17 on Thursday. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.41. The company has a market cap of $1.02 trillion, a price-to-earnings ratio of 44.12, a PEG ratio of 4.51 and a beta of 0.53. Walmart Inc. has a 12 month low of $98.88 and a 12 month high of $135.15. The stock has a 50-day moving average price of $111.56 and a two-hundred day moving average price of $118.51.

Walmart (NASDAQ:WMT) last posted its earnings results on Thursday, August 20th. The retailer reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.07. The firm had revenue of $187.94 billion during the quarter, compared to analysts’ expectations of $186.64 billion. Walmart had a net margin of 3.00% and a return on equity of 21.83%. The business’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.68 earnings per share. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. As a group, analysts forecast that Walmart Inc. will post 2.88 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. BNP Paribas Exane reaffirmed an “outperform” rating and issued a $137.00 price objective (down from $146.00) on shares of Walmart in a research note on Friday, August 21st. Gordon Haskett lowered shares of Walmart from a “buy” rating to an “accumulate” rating in a report on Thursday, August 20th. Cantor Fitzgerald upgraded shares of Walmart to a “buy” rating in a research report on Friday, August 21st. Evercore reaffirmed an “outperform” rating on shares of Walmart in a research note on Tuesday, October 20th. Finally, Wells Fargo & Company decreased their price objective on shares of Walmart from $140.00 to $120.00 and set an “overweight” rating for the company in a research report on Friday, August 21st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $132.41.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart was among retailers leading a market rally following the Democrats’ congressional sweep, providing a favorable sector backdrop for the stock. Walmart, Target, and Dollar Tree lead retail rally
• Positive Sentiment: A reported $6 billion deal with Symbotic to automate warehouses could improve operating efficiency over time, though the scale of the investment also matters. Walmart in $6B Symbotic deal to automate warehouses
• Positive Sentiment: ETFs purchased $152.6 million of Walmart shares on Nov. 2, signaling notable fund demand. Walmart sees $152.6 million in net ETF buying
• Positive Sentiment: One long-term investment analysis argues Walmart is growing despite a challenging economy and that its business strength can justify a premium valuation. Why I’d buy Walmart in November and hold for a decade
• Neutral Sentiment: Executives Suresh Kumar and Daniel Bartlett disclosed share sales under pre-arranged Rule 10b5-1 plans. Such planned transactions are not necessarily signals about their view of Walmart’s outlook. Walmart executive share sale
• Negative Sentiment: AI shopping agents could challenge Walmart’s advertising revenue and access to customer data if shoppers increasingly use third-party agents instead of the retailer’s own channels. AI shopping agents could threaten Walmart’s ad business
• Negative Sentiment: Valuation remains a risk: coverage describes WMT as expensive, with a P/E around 45, and cites management’s prior warning of a potential slowdown. That could leave the shares sensitive to any disappointment. Should You Buy Walmart Stock Before Nov. 19?

Institutional Investors Weigh In On Walmart

A number of hedge funds have recently added to or reduced their stakes in WMT. State Street Corp increased its stake in Walmart by 1.1% during the 2nd quarter. State Street Corp now owns 188,036,646 shares of the retailer’s stock valued at $21,297,031,000 after purchasing an additional 2,107,781 shares in the last quarter. Bank of America Corp DE bought a new position in shares of Walmart in the second quarter worth approximately $7,455,131,000. Bank of New York Mellon Corp grew its holdings in shares of Walmart by 6.4% during the first quarter. Bank of New York Mellon Corp now owns 28,142,040 shares of the retailer’s stock valued at $3,497,493,000 after buying an additional 1,681,353 shares during the last quarter. Legal & General Group Plc purchased a new stake in shares of Walmart during the second quarter valued at approximately $2,905,655,000. Finally, Amundi grew its holdings in shares of Walmart by 44.4% during the second quarter. Amundi now owns 20,796,957 shares of the retailer’s stock valued at $2,355,463,000 after buying an additional 6,393,326 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Walmart Company Profile

Walmart Inc (NASDAQ:WMT) operates a global retail business through a network of supercenters, supermarkets, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its stores and websites sell a broad assortment of merchandise, including groceries, consumables, health and wellness products, apparel, electronics, home goods, toys and other general merchandise.

The company organizes its operations into Walmart U.S., Walmart International and Sam’s Club U.S. Walmart U.S.