Representative Jefferson Shreve (R-Indiana) recently sold shares of Walmart Inc. NYSE: WMT. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $100,001 and $250,000 in Walmart stock on May 12th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.
Representative Jefferson Shreve also recently made the following trade(s):
- Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
- Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
- Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
- Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
- Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
- Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
- Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
- Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
- Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
- Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.
Walmart Stock Down 0.2%
NYSE:WMT traded down $0.24 during midday trading on Wednesday, reaching $95.62. The company had a trading volume of 5,695,442 shares, compared to its average volume of 18,074,847. The firm has a market capitalization of $763.05 billion, a price-to-earnings ratio of 40.86, a PEG ratio of 4.60 and a beta of 0.68. The company has a current ratio of 0.78, a quick ratio of 0.22 and a debt-to-equity ratio of 0.47. The stock's fifty day simple moving average is $96.81 and its 200-day simple moving average is $94.68. Walmart Inc. has a 12-month low of $66.67 and a 12-month high of $105.30.
Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The retailer reported $0.61 EPS for the quarter, beating the consensus estimate of $0.58 by $0.03. Walmart had a return on equity of 21.76% and a net margin of 2.75%. The firm had revenue of $165.61 billion during the quarter, compared to the consensus estimate of $164.53 billion. During the same period in the prior year, the business earned $0.60 EPS. The firm's revenue was up 2.5% compared to the same quarter last year. On average, sell-side analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.
Walmart Dividend Announcement
The business also recently announced a dividend, which was paid on Tuesday, May 27th. Investors of record on Monday, May 12th were issued a $0.235 dividend. The ex-dividend date was Friday, May 9th. This represents a yield of 0.95%. Walmart's dividend payout ratio (DPR) is presently 40.17%.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on WMT shares. Robert W. Baird upped their target price on Walmart from $100.00 to $110.00 and gave the company an "outperform" rating in a research note on Friday, May 16th. DA Davidson reaffirmed a "buy" rating and issued a $117.00 target price on shares of Walmart in a research report on Friday, May 16th. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $115.00 target price on shares of Walmart in a research report on Monday, June 9th. Evercore ISI increased their price target on Walmart from $105.00 to $107.00 and gave the company an "outperform" rating in a report on Wednesday, June 4th. Finally, Wall Street Zen upgraded Walmart from a "hold" rating to a "buy" rating in a report on Monday, May 12th. Two analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $106.67.
View Our Latest Analysis on Walmart
Insiders Place Their Bets
In other news, CEO C Douglas Mcmillon sold 19,416 shares of the firm's stock in a transaction that occurred on Thursday, June 26th. The shares were sold at an average price of $97.19, for a total transaction of $1,887,041.04. Following the completion of the sale, the chief executive officer owned 4,431,783 shares of the company's stock, valued at approximately $430,724,989.77. This trade represents a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP John D. Rainey sold 2,200 shares of the firm's stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $98.44, for a total transaction of $216,568.00. Following the sale, the executive vice president directly owned 628,318 shares of the company's stock, valued at approximately $61,851,623.92. The trade was a 0.35% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 155,820 shares of company stock valued at $14,965,435 in the last quarter. 45.58% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Walmart
A number of large investors have recently bought and sold shares of WMT. Sax Wealth Advisors LLC boosted its holdings in Walmart by 7.2% during the second quarter. Sax Wealth Advisors LLC now owns 10,416 shares of the retailer's stock valued at $1,019,000 after acquiring an additional 702 shares during the period. Venturi Wealth Management LLC boosted its holdings in Walmart by 0.3% during the second quarter. Venturi Wealth Management LLC now owns 228,984 shares of the retailer's stock valued at $22,390,000 after acquiring an additional 701 shares during the period. Wheelhouse Advisory Group LLC lifted its stake in shares of Walmart by 4.4% in the second quarter. Wheelhouse Advisory Group LLC now owns 5,156 shares of the retailer's stock valued at $504,000 after buying an additional 216 shares during the period. BankPlus Trust Department lifted its stake in shares of Walmart by 8.5% in the second quarter. BankPlus Trust Department now owns 24,879 shares of the retailer's stock valued at $2,433,000 after buying an additional 1,947 shares during the period. Finally, Canopy Partners LLC lifted its stake in shares of Walmart by 0.5% in the second quarter. Canopy Partners LLC now owns 32,526 shares of the retailer's stock valued at $3,180,000 after buying an additional 153 shares during the period. 26.76% of the stock is currently owned by institutional investors.
About Representative Shreve
Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election.
Email editor@ballotpedia.org to notify us of updates to this biography.
Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive.
Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.
Walmart Company Profile
(
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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