John Furner Sells 13,125 Shares of Walmart (NASDAQ:WMT) Stock

Key Points

• CEO John Furner sold 13,125 shares on March 19 at an average price of $121.96 for proceeds of about $1.60M, trimming his stake by 1.87% to 687,287 shares (≈$83.8M).
• Walmart shares dipped 1.7% to $119.02 on heavy volume; the company has a market capitalization of roughly $948.9B and a price-to-earnings ratio of 43.44.
• WMT slightly beat quarterly EPS estimates ($0.74 vs. $0.73) with revenue up 5.6%, issued FY2027 EPS guidance of 2.75–2.85, announced a quarterly dividend of $0.2475 (0.8% yield), and carries a consensus analyst rating of "Moderate Buy" with a ~$135.76 price target.

Walmart Inc. (NASDAQ:WMT - Get Free Report) CEO John Furner sold 13,125 shares of the stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $121.96, for a total transaction of $1,600,725.00. Following the transaction, the chief executive officer directly owned 687,287 shares in the company, valued at $83,821,522.52. The trade was a 1.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Walmart Stock Down 1.7%

NASDAQ:WMT traded down $2.07 during mid-day trading on Friday, reaching $119.02. The stock had a trading volume of 57,529,253 shares, compared to its average volume of 32,926,273. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.79 and a quick ratio of 0.24. The company has a market capitalization of $948.88 billion, a price-to-earnings ratio of 43.44, a price-to-earnings-growth ratio of 4.54 and a beta of 0.66. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $134.69. The stock's 50 day simple moving average is $123.99 and its two-hundred day simple moving average is $112.59.

Walmart (NASDAQ:WMT - Get Free Report) last released its earnings results on Thursday, February 19th. The retailer reported $0.74 EPS for the quarter, topping analysts' consensus estimates of $0.73 by $0.01. Walmart had a return on equity of 21.44% and a net margin of 3.07%.The company had revenue of $190.66 billion for the quarter, compared to the consensus estimate of $188.37 billion. During the same quarter last year, the business posted $0.66 EPS. Walmart's quarterly revenue was up 5.6% compared to the same quarter last year. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. Equities analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 4th. Shareholders of record on Friday, December 11th will be paid a dividend of $0.2475 per share. The ex-dividend date is Friday, December 11th. This represents a $0.99 annualized dividend and a yield of 0.8%. Walmart's payout ratio is presently 34.31%.

Wall Street Analysts Forecast Growth

WMT has been the topic of a number of recent research reports. Truist Financial raised their price target on shares of Walmart from $127.00 to $139.00 and gave the stock a "buy" rating in a research report on Friday, February 20th. JPMorgan Chase & Co. boosted their price objective on shares of Walmart from $128.00 to $129.00 and gave the company an "overweight" rating in a research report on Friday, November 21st. Royal Bank Of Canada set a $145.00 price objective on shares of Walmart in a research note on Friday, February 20th. Morgan Stanley restated an "overweight" rating and issued a $135.00 target price (up from $125.00) on shares of Walmart in a research note on Thursday, January 15th. Finally, Citigroup reaffirmed a "buy" rating and set a $147.00 target price (up from $120.00) on shares of Walmart in a report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $135.76.

Institutional Trading of Walmart

Several hedge funds have recently bought and sold shares of WMT. Collier Financial acquired a new position in shares of Walmart during the third quarter worth approximately $25,000. Entrust Financial LLC acquired a new position in Walmart during the 4th quarter worth $27,000. Your Advocates Ltd. LLP acquired a new position in Walmart during the 3rd quarter worth $28,000. Redmont Wealth Advisors LLC bought a new position in shares of Walmart in the third quarter worth $30,000. Finally, Beacon Financial Strategies CORP bought a new position in shares of Walmart in the fourth quarter worth $30,000. 26.76% of the stock is currently 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.

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