Insider Selling: Walmart (NYSE:WMT) EVP Sells 13,125 Shares of Stock

Key Points

• Walmart's EVP John Furner sold 13,125 shares of stock at an average price of $98.55, totaling approximately $1.29 million, resulting in a 1.41% decrease in his ownership.
• The company reported quarterly earnings of $0.68 per share, missing analysts' expectations, with revenue of $169.34 billion, falling short of the anticipated $174.02 billion.
• Walmart declared a dividend of $0.235 per share to be paid on September 2nd, with an ex-dividend date of August 15th, reflecting a payout ratio of 35.34%.

Walmart Inc. (NYSE:WMT - Get Free Report) EVP John Furner sold 13,125 shares of the business's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $98.55, for a total transaction of $1,293,468.75. Following the sale, the executive vice president owned 919,189 shares of the company's stock, valued at approximately $90,586,075.95. This represents a 1.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Walmart Stock Performance

Shares of NYSE:WMT traded down $0.65 during trading on Monday, hitting $96.18. The company's stock had a trading volume of 18,917,550 shares, compared to its average volume of 18,236,566. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The firm has a market cap of $767.56 billion, a price-to-earnings ratio of 36.16, a P/E/G ratio of 4.65 and a beta of 0.66. The company has a 50-day moving average of $97.99 and a 200-day moving average of $95.53. Walmart Inc. has a 12 month low of $75.57 and a 12 month high of $105.30.

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

Walmart Dividend Announcement

The firm also recently declared a dividend, which will be paid on Tuesday, September 2nd. Investors of record on Monday, August 18th will be given a $0.235 dividend. This represents a yield of 90.0%. The ex-dividend date is Friday, August 15th. Walmart's payout ratio is currently 35.34%.

Analyst Ratings Changes

Several research analysts have commented on the stock. Evercore ISI reaffirmed an "outperform" rating and set a $110.00 price objective (up from $108.00) on shares of Walmart in a research note on Monday, August 18th. Tigress Financial raised their price target on shares of Walmart from $115.00 to $120.00 and gave the stock a "buy" rating in a research report on Wednesday, July 2nd. Wall Street Zen upgraded shares of Walmart from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. Sanford C. Bernstein restated an "outperform" rating on shares of Walmart in a research report on Monday, May 5th. Finally, Erste Group Bank upgraded Walmart from a "hold" rating to a "buy" rating in a research report on Tuesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $110.07.

Institutional Investors Weigh In On Walmart

Several hedge funds and other institutional investors have recently made changes to their positions in WMT. Kingstone Capital Partners Texas LLC increased its position in Walmart by 397,264.9% during the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer's stock worth $10,496,702,000 after buying an additional 104,488,610 shares during the period. Norges Bank acquired a new position in Walmart during the second quarter worth approximately $5,367,770,000. Nuveen LLC acquired a new position in Walmart during the first quarter worth approximately $2,532,331,000. Laurel Wealth Advisors LLC increased its position in Walmart by 9,648.7% during the second quarter. Laurel Wealth Advisors LLC now owns 11,486,374 shares of the retailer's stock worth $1,123,138,000 after buying an additional 11,368,549 shares during the period. Finally, GAMMA Investing LLC increased its position in Walmart by 9,896.9% during the first quarter. GAMMA Investing LLC now owns 7,939,728 shares of the retailer's stock worth $697,029,000 after buying an additional 7,860,306 shares during the period. Institutional investors and hedge funds 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.

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