Walmart (NYSE:WMT) EVP Sells $222,596.00 in Stock

Walmart Inc. (NYSE:WMT) EVP John Rainey sold 2,200 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $101.18, for a total transaction of $222,596.00. Following the completion of the sale, the executive vice president directly owned 619,518 shares in the company, valued at $62,682,831.24. This represents a 0.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Walmart Price Performance

WMT traded up $0.73 on Tuesday, reaching $102.32. The company had a trading volume of 12,614,004 shares, compared to its average volume of 18,305,840. The business has a 50 day simple moving average of $102.57 and a 200 day simple moving average of $99.27. The company has a market cap of $815.76 billion, a price-to-earnings ratio of 38.47, a P/E/G ratio of 4.83 and a beta of 0.67. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.57.

Walmart (NYSE:WMT) last announced its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The company had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. As a group, sell-side analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have commented on WMT shares. Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the company an “outperform” rating in a research report on Friday, August 22nd. JPMorgan Chase & Co. reduced their price target on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Tigress Financial increased their price target on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 3rd. UBS Group reiterated a “buy” rating and set a $122.00 price target (up from $110.00) on shares of Walmart in a research report on Thursday, October 23rd. Finally, Erste Group Bank upgraded shares of Walmart from a “hold” rating to a “buy” rating in a research report on Tuesday, August 5th. Thirty-one equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Walmart presently has an average rating of “Moderate Buy” and an average target price of $113.40.

Institutional Trading of Walmart

Several large investors have recently added to or reduced their stakes in the stock. Weatherly Asset Management L. P. raised its holdings in shares of Walmart by 7.0% during the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock worth $5,489,000 after acquiring an additional 3,696 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management raised its holdings in shares of Walmart by 34.6% during the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock worth $3,355,000 after acquiring an additional 9,831 shares in the last quarter. Ally Financial Inc. purchased a new stake in shares of Walmart during the 1st quarter worth approximately $2,107,000. Night Squared LP purchased a new stake in shares of Walmart during the 1st quarter worth approximately $1,052,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Walmart by 11.8% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 7,959,752 shares of the retailer’s stock worth $698,787,000 after acquiring an additional 838,689 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

About Walmart

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.