Rep. Jefferson Shreve Buys Walmart Inc. (NYSE:WMT) Stock

Representative Jefferson Shreve (R-Indiana) recently bought shares of Walmart Inc. (NYSE:WMT). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $15,001 and $50,000 in Walmart stock on April 11th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $50,001 – $100,000 in shares of Chipotle Mexican Grill (NYSE:CMG) on 4/17/2025.
• Purchased $50,001 – $100,000 in shares of Applied Materials (NASDAQ:AMAT) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Caterpillar (NYSE:CAT) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Lululemon Athletica (NASDAQ:LULU) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Western Digital (NASDAQ:WDC) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Zoetis (NYSE:ZTS) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Stryker (NYSE:SYK) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of CSX (NASDAQ:CSX) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Ross Stores (NASDAQ:ROST) on 4/17/2025.

Walmart Price Performance

NYSE:WMT opened at $96.78 on Friday. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The firm has a market cap of $774.33 billion, a PE ratio of 40.16, a price-to-earnings-growth ratio of 4.42 and a beta of 0.70. The company’s 50-day moving average price is $90.66 and its two-hundred day moving average price is $91.97. Walmart Inc. has a 12 month low of $59.44 and a 12 month high of $105.30.

Walmart (NYSE:WMT) last released its quarterly earnings results on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, beating the consensus estimate of $0.64 by $0.02. Walmart had a net margin of 2.85% and a return on equity of 21.87%. The business had revenue of $180.55 billion for the quarter, compared to analysts’ expectations of $178.83 billion. On average, equities analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 12th will be paid a $0.235 dividend. The ex-dividend date of this dividend is Friday, May 9th. This represents a dividend yield of 0.95%. Walmart’s dividend payout ratio is currently 39.00%.

Hedge Funds Weigh In On Walmart

Several hedge funds and other institutional investors have recently bought and sold shares of the company. CenterBook Partners LP bought a new position in shares of Walmart during the 1st quarter worth approximately $15,159,000. Ontario Teachers Pension Plan Board boosted its position in shares of Walmart by 28,684.8% during the first quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock valued at $371,295,000 after buying an additional 4,214,661 shares during the last quarter. Deutsche Bank AG grew its stake in shares of Walmart by 33.4% in the 1st quarter. Deutsche Bank AG now owns 13,683,991 shares of the retailer’s stock worth $1,201,318,000 after acquiring an additional 3,427,615 shares in the last quarter. Chicago Partners Investment Group LLC lifted its position in shares of Walmart by 28.0% during the 1st quarter. Chicago Partners Investment Group LLC now owns 51,436 shares of the retailer’s stock worth $4,516,000 after buying an additional 11,238 shares in the last quarter. Finally, Citizens Financial Group Inc. RI grew its stake in Walmart by 1.5% in the 1st quarter. Citizens Financial Group Inc. RI now owns 190,923 shares of the retailer’s stock valued at $16,782,000 after purchasing an additional 2,807 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Analyst Ratings Changes

WMT has been the topic of a number of analyst reports. Erste Group Bank downgraded Walmart from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 17th. Roth Mkm reissued a “buy” rating and issued a $108.00 target price (up previously from $97.00) on shares of Walmart in a research report on Friday, February 21st. Piper Sandler increased their price objective on Walmart from $93.00 to $118.00 and gave the company an “overweight” rating in a report on Tuesday, February 18th. Wells Fargo & Company upped their price objective on shares of Walmart from $100.00 to $108.00 and gave the company an “overweight” rating in a report on Monday, February 3rd. Finally, Truist Financial dropped their price objective on shares of Walmart from $111.00 to $107.00 and set a “buy” rating for the company in a research note on Tuesday, May 6th. Two research analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $103.94.

Insider Activity

In related news, EVP Daniel J. Bartlett sold 1,600 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $103.99, for a total value of $166,384.00. Following the completion of the transaction, the executive vice president now directly owns 423,597 shares of the company’s stock, valued at approximately $44,049,852.03. This trade represents a 0.38 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $96.95, for a total value of $2,823,571.80. Following the sale, the chief executive officer now owns 3,558,247 shares in the company, valued at approximately $344,972,046.65. The trade was a 0.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 133,857 shares of company stock valued at $12,444,743 in the last three months. Company insiders own 45.58% of the company’s stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

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.