Walmart (NASDAQ:WMT) Shares Down 1.5% – Here’s What Happened

Walmart Inc. (NASDAQ:WMT) traded down 1.5% during trading on Tuesday . The company traded as low as $110.70 and last traded at $110.90. 20,267,348 shares changed hands during mid-day trading, an increase of 8% from the average session volume of 18,819,354 shares. The stock had previously closed at $112.60.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. DA Davidson set a $130.00 target price on Walmart and gave the stock a “buy” rating in a report on Friday, November 21st. Royal Bank Of Canada reiterated an “outperform” rating and issued a $123.00 price objective on shares of Walmart in a research note on Tuesday, December 9th. Guggenheim reissued a “buy” rating and issued a $120.00 price objective (up previously from $115.00) on shares of Walmart in a report on Friday, November 21st. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a research report on Wednesday, October 8th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $130.00 target price (up from $120.00) on shares of Walmart in a report on Friday. Thirty-one analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $120.54.

Walmart Stock Performance

The company has a 50 day simple moving average of $107.82 and a 200-day simple moving average of $102.20. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24. The stock has a market cap of $883.89 billion, a P/E ratio of 38.78, a price-to-earnings-growth ratio of 5.28 and a beta of 0.64.

Walmart (NASDAQ:WMT) last announced its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. The company had revenue of $179.50 billion for the quarter, compared to analysts’ expectations of $175.15 billion. Walmart had a return on equity of 21.31% and a net margin of 3.26%.Walmart’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period last year, the firm posted $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, equities analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, EVP Daniel J. Bartlett sold 1,425 shares of the firm’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $117.00, for a total transaction of $166,725.00. Following the transaction, the executive vice president directly owned 641,363 shares of the company’s stock, valued at approximately $75,039,471. This trade represents a 0.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $115.21, for a total value of $460,840.00. Following the completion of the transaction, the executive vice president owned 1,031,455 shares in the company, valued at approximately $118,833,930.55. This represents a 0.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 127,828 shares of company stock worth $13,745,625 in the last ninety days. 0.10% of the stock is currently owned by insiders.

Institutional Trading of Walmart

Several large investors have recently modified their holdings of WMT. Collier Financial bought a new position in shares of Walmart during the third quarter valued at approximately $25,000. Access Investment Management LLC purchased a new position in Walmart during the 2nd quarter valued at $26,000. Your Advocates Ltd. LLP purchased a new position in Walmart during the 3rd quarter valued at $28,000. Redmont Wealth Advisors LLC bought a new position in Walmart in the 3rd quarter worth $30,000. Finally, PFS Partners LLC raised its holdings in Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after purchasing an additional 233 shares in the last quarter. 26.76% of the stock is owned by institutional investors.

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.