Walmart (NASDAQ:WMT) Shares Down 1.3% – Here’s Why

Walmart Inc. (NASDAQ:WMT)’s share price was down 1.3% during mid-day trading on Tuesday . The company traded as low as $113.56 and last traded at $113.06. Approximately 26,144,402 shares traded hands during trading, an increase of 25% from the average daily volume of 20,901,174 shares. The stock had previously closed at $114.60.

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart-backed fintech OnePay is planning to expand beyond the Walmart ecosystem to grow its user base and cross-sell more financial services, which could support longer-term growth for the company’s digital and payments strategy. Walmart-Backed OnePay Looks Beyond Retailer’s Ecosystem to Fuel Expansion
• Positive Sentiment: Walmart continues to strengthen its delivery and logistics edge, including reaching more than 1 million drone deliveries and expanding 30-minute delivery to 33 U.S. markets, reinforcing its competitive position in e-commerce and convenience. Walmart Marks Millionth Drone Drop-Off Amid Increased Delivery Focus
• Positive Sentiment: Walmart is expanding private-brand offerings in hardware and home as budget-conscious shoppers trade down, which may help traffic, basket size, and margins if consumer pressure persists. Walmart Expands Private Brand Selection as Shoppers Cut Back
• Neutral Sentiment: Walmart’s Q1 results were framed favorably versus Target’s, with Walmart benefiting from scale, advertising, and higher-income shopper gains, though the comparison article mainly highlights relative competitive positioning rather than a new catalyst. Target vs Walmart: Both Fighting For The Same Customer, Only One Wins
• Negative Sentiment: Reports that Walmart limited employee AI-tool usage after heavy demand may raise concerns about internal adoption and operational execution, adding a small headwind to sentiment. WMT reportedly caps employee AI usage — stock down nearly 2%

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on WMT shares. Tigress Financial reiterated a “buy” rating and set a $155.00 price objective (up from $150.00) on shares of Walmart in a research note on Friday. Deutsche Bank Aktiengesellschaft set a $120.00 price target on shares of Walmart in a research note on Friday, February 20th. BMO Capital Markets restated an “outperform” rating on shares of Walmart in a research note on Friday, May 22nd. Jefferies Financial Group set a $145.00 price target on shares of Walmart in a research note on Friday, February 20th. Finally, Roth Mkm reiterated a “buy” rating and set a $138.00 target price on shares of Walmart in a research report on Friday, February 20th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Walmart presently has an average rating of “Moderate Buy” and an average price target of $138.85.

Walmart Trading Down 1.3%

The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.77. The firm’s fifty day simple moving average is $125.98 and its 200-day simple moving average is $120.81. The stock has a market cap of $901.20 billion, a P/E ratio of 39.67, a price-to-earnings-growth ratio of 4.32 and a beta of 0.60.

Walmart (NASDAQ:WMT) last released its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, meeting the consensus estimate of $0.66. The company had revenue of $177.75 billion during the quarter, compared to analyst estimates of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. Walmart’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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. Equities research analysts expect that Walmart Inc. will post 2.89 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $118.63, for a total value of $2,303,320.08. Following the completion of the sale, the director owned 4,174,579 shares in the company, valued at $495,230,306.77. The trade was a 0.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher James Nicholas sold 2,900 shares of Walmart stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $123.92, for a total transaction of $359,368.00. Following the completion of the sale, the executive vice president owned 577,853 shares of the company’s stock, valued at $71,607,543.76. This represents a 0.50% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 117,008 shares of company stock worth $14,492,704 over the last ninety days. 0.10% of the stock is owned by company insiders.

Institutional Trading of Walmart

Hedge funds have recently modified their holdings of the stock. Collier Financial bought a new stake in Walmart during the 3rd quarter valued at $25,000. Entrust Financial LLC bought a new stake in Walmart during the 4th quarter valued at $27,000. Merkkuri Wealth Advisors LLC bought a new stake in Walmart during the 1st quarter valued at $29,000. Redmont Wealth Advisors LLC bought a new stake in Walmart during the 3rd quarter valued at $30,000. Finally, Beacon Financial Strategies CORP bought a new stake in Walmart during the 4th quarter valued at $30,000. Institutional investors own 26.76% of the company’s stock.

About Walmart

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.