John Rainey Sells 2,200 Shares of Walmart (NYSE:WMT) Stock

Key Points

• John Rainey, EVP of Walmart, sold 2,200 shares at an average price of $97.37, totaling $214,214, which decreased his ownership by 0.35%.
• Walmart's recent earnings report showed a miss in EPS at $0.68 versus estimates of $0.74, with revenue of $169.34 billion falling short of expectations.
• The stock has a consensus Buy rating with an average price target of $110.76 as several brokerages adjust their projections.

Walmart Inc. (NYSE:WMT - Get Free Report) EVP John Rainey sold 2,200 shares of Walmart stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $97.37, for a total value of $214,214.00. Following the sale, the executive vice president directly owned 623,918 shares in the company, valued at approximately $60,750,895.66. This trade represents a 0.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Walmart Stock Performance

WMT stock traded up $1.45 during trading on Wednesday, reaching $99.30. 18,968,099 shares of the stock were exchanged, compared to its average volume of 19,123,477. Walmart Inc. has a twelve month low of $76.30 and a twelve month high of $105.30. The company has a market capitalization of $792.42 billion, a P/E ratio of 37.33, a price-to-earnings-growth ratio of 4.66 and a beta of 0.65. The stock has a 50 day simple moving average of $98.10 and a 200-day simple moving average of $95.26. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT - Get Free Report) last released 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). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. During the same period last year, the business earned $0.67 earnings per share. The firm'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. As a group, sell-side analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

Institutional Investors Weigh In On Walmart

Several hedge funds and other institutional investors have recently added to or reduced their stakes in WMT. Full Sail Capital LLC increased its stake in shares of Walmart by 6.6% during the 4th quarter. Full Sail Capital LLC now owns 8,702 shares of the retailer's stock worth $786,000 after purchasing an additional 541 shares during the last quarter. Ally Financial Inc. bought a new stake in shares of Walmart during the 1st quarter worth approximately $2,107,000. Monument Capital Management boosted its position in Walmart by 94.2% in the first quarter. Monument Capital Management now owns 55,004 shares of the retailer's stock valued at $4,829,000 after buying an additional 26,685 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management increased its position in Walmart by 34.6% in the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer's stock valued at $3,355,000 after acquiring an additional 9,831 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Walmart by 11.8% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 7,959,752 shares of the retailer's stock valued at $698,787,000 after acquiring an additional 838,689 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have commented on WMT. Oppenheimer raised their price target on shares of Walmart from $110.00 to $115.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 13th. JPMorgan Chase & Co. cut their price target on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a research note on Friday, August 22nd. Citigroup restated a "buy" rating on shares of Walmart in a research note on Tuesday, May 6th. Telsey Advisory Group upped their price objective on shares of Walmart from $115.00 to $118.00 and gave the stock an "outperform" rating in a research note on Friday, August 22nd. Finally, Robert W. Baird increased their price target on shares of Walmart from $100.00 to $110.00 and gave the company an "outperform" rating in a research note on Friday, May 16th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Walmart currently has a consensus rating of "Buy" and an average target price of $110.76.

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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