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Rep. Bruce Westerman Buys Walmart Inc. (NYSE:WMT) Shares

Walmart logo with Retail/Wholesale background

Representative Bruce Westerman (R-Arkansas) recently bought shares of Walmart Inc. NYSE: WMT. In a filing disclosed on April 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in Walmart stock on March 3rd. The trade occurred in the Representative's "FISHER IRA" account.

Representative Bruce Westerman also recently made the following trade(s):

  • Purchased $1,001 - $15,000 in shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne OTCMKTS: LVMUY on 4/2/2025.
  • Purchased $1,001 - $15,000 in shares of Sony Group NYSE: SONY on 3/24/2025.
  • Purchased $1,001 - $15,000 in shares of Mitsubishi UFJ Financial Group NYSE: MUFG on 3/21/2025.
  • Purchased $1,001 - $15,000 in shares of BP NYSE: BP on 3/21/2025.
  • Sold $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 3/20/2025.
  • Sold $1,001 - $15,000 in shares of Medtronic NYSE: MDT on 3/20/2025.
  • Purchased $1,001 - $15,000 in shares of ASML NASDAQ: ASML on 3/20/2025.
  • Sold $1,001 - $15,000 in shares of Visa NYSE: V on 3/20/2025.
  • Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 3/20/2025.
  • Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 3/20/2025.

Walmart Stock Performance

NYSE:WMT traded up $2.71 on Tuesday, reaching $95.12. 6,188,662 shares of the company's stock were exchanged, compared to its average volume of 17,792,269. The stock has a fifty day simple moving average of $91.30 and a 200-day simple moving average of $90.48. Walmart Inc. has a 52 week low of $58.56 and a 52 week high of $105.30. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23. The firm has a market cap of $762.59 billion, a price-to-earnings ratio of 39.44, a P/E/G ratio of 4.42 and a beta of 0.69.

Walmart (NYSE:WMT - Get Free Report) last posted its earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.02. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The firm had revenue of $180.55 billion for the quarter, compared to the consensus estimate of $178.83 billion. As a group, sell-side analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Stockholders of record on Friday, December 12th will be paid a dividend of $0.235 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.94 annualized dividend and a dividend yield of 0.99%. Walmart's payout ratio is 39.00%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Piper Sandler boosted their price objective on shares of Walmart from $93.00 to $118.00 and gave the stock an "overweight" rating in a report on Tuesday, February 18th. Erste Group Bank cut Walmart from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 17th. StockNews.com lowered Walmart from a "buy" rating to a "hold" rating in a research note on Thursday, April 17th. Citigroup reiterated a "positive" rating on shares of Walmart in a research report on Thursday, February 20th. Finally, Royal Bank of Canada decreased their target price on shares of Walmart from $107.00 to $102.00 and set an "outperform" rating on the stock in a research note on Thursday, April 10th. Three research analysts have rated the stock with a hold rating, thirty have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $103.58.

View Our Latest Report on WMT

Insider Transactions at Walmart

In other Walmart news, EVP Daniel J. Bartlett sold 1,760 shares of the company's stock in a transaction that occurred on Tuesday, April 15th. The stock was sold at an average price of $94.82, for a total transaction of $166,883.20. Following the sale, the executive vice president now directly owns 520,275 shares in the company, valued at $49,332,475.50. This represents a 0.34 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP John D. Rainey sold 38,000 shares of Walmart stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $98.80, for a total value of $3,754,400.00. Following the completion of the transaction, the executive vice president now owns 257,281 shares of the company's stock, valued at approximately $25,419,362.80. This trade represents a 12.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 178,782 shares of company stock worth $16,785,305 in the last three months. Insiders own 45.58% of the company's stock.

Institutional Investors Weigh In On Walmart

Several institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in shares of Walmart by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 422,736,888 shares of the retailer's stock valued at $38,194,278,000 after purchasing an additional 2,050,683 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Walmart by 3.4% during the 4th quarter. Geode Capital Management LLC now owns 90,635,238 shares of the retailer's stock worth $8,167,186,000 after acquiring an additional 3,017,829 shares in the last quarter. Norges Bank purchased a new position in shares of Walmart in the fourth quarter valued at $5,737,355,000. Fisher Asset Management LLC raised its stake in Walmart by 2.4% during the fourth quarter. Fisher Asset Management LLC now owns 48,793,045 shares of the retailer's stock valued at $4,408,452,000 after purchasing an additional 1,133,201 shares in the last quarter. Finally, Northern Trust Corp lifted its position in Walmart by 8.9% during the fourth quarter. Northern Trust Corp now owns 43,641,936 shares of the retailer's stock valued at $3,943,049,000 after purchasing an additional 3,550,037 shares during the last quarter. Institutional investors own 26.76% of the company's stock.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas' 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas' 4th Congressional District. He declared candidacy for the 2026 election. Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

About Walmart

(Get Free Report)

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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