Rep. Josh Gottheimer Purchases Walmart Inc. (NYSE:WMT) Shares

Representative Josh Gottheimer (D-New Jersey) recently bought shares of Walmart Inc. NYSE: WMT. In a filing disclosed on April 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Walmart stock on March 17th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 3/24/2025.
• Sold $1,001 - $15,000 in shares of Spotify Technology NYSE: SPOT on 3/24/2025.
• Sold $1,001 - $15,000 in shares of Flywire NASDAQ: FLYW on 3/19/2025.
• Sold $1,001 - $15,000 in shares of Disco OTCMKTS: DSCSY on 3/19/2025.
• Sold $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 3/19/2025.
• Sold $1,001 - $15,000 in shares of Diageo NYSE: DEO on 3/19/2025.
• Sold $1,001 - $15,000 in shares of Shopify NYSE: SHOP on 3/19/2025.
• Sold $1,001 - $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk NYSE: TLK on 3/19/2025.
• Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 3/19/2025.
• Sold $1,001 - $15,000 in shares of Tandem Diabetes Care NASDAQ: TNDM on 3/19/2025.

Walmart Trading Up 2.2 %

Shares of WMT stock traded up $1.98 on Thursday, reaching $93.17. 21,350,174 shares of the stock were exchanged, compared to its average volume of 17,797,031. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23. Walmart Inc. has a one year low of $58.56 and a one year high of $105.30. The stock has a market cap of $746.93 billion, a PE ratio of 38.66, a P/E/G ratio of 4.42 and a beta of 0.69. The stock has a 50 day moving average price of $91.71 and a 200 day moving average price of $90.18.

Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.02. The firm had revenue of $180.55 billion during the quarter, compared to analysts' expectations of $178.83 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. Equities research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Shareholders of record on Friday, December 12th will be given a $0.235 dividend. The ex-dividend date is Friday, December 12th. This represents a $0.94 dividend on an annualized basis and a yield of 1.01%. Walmart's payout ratio is 39.00%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on WMT shares. UBS Group reduced their price objective on shares of Walmart from $112.00 to $110.00 and set a "buy" rating on the stock in a research note on Thursday, April 10th. Citigroup reaffirmed a "positive" rating on shares of Walmart in a research note on Thursday, February 20th. Erste Group Bank lowered Walmart from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 17th. Barclays restated an "overweight" rating on shares of Walmart in a research report on Friday, February 28th. Finally, Roth Mkm reiterated a "buy" rating and issued a $108.00 price target (up from $97.00) on shares of Walmart in a research report on Friday, February 21st. Three research 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.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $103.58.

Insider Activity

In related news, EVP Daniel J. Bartlett sold 1,600 shares of the company's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $103.99, for a total value of $166,384.00. Following the transaction, the executive vice president now directly owns 423,597 shares in the company, valued at approximately $44,049,852.03. This represents a 0.38 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $92.96, for a total transaction of $1,220,100.00. Following the completion of the sale, the executive vice president now owns 568,626 shares of the company's stock, valued at $52,859,472.96. This trade represents a 2.26 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 178,782 shares of company stock valued at $16,785,305. 45.58% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Principal Financial Group Inc. raised its stake in Walmart by 14.9% in the 3rd quarter. Principal Financial Group Inc. now owns 6,235,504 shares of the retailer's stock valued at $503,517,000 after acquiring an additional 809,352 shares during the period. Toronto Dominion Bank raised its position in shares of Walmart by 3.1% in the third quarter. Toronto Dominion Bank now owns 2,337,363 shares of the retailer's stock valued at $188,742,000 after purchasing an additional 71,075 shares during the period. Soltis Investment Advisors LLC grew its stake in Walmart by 31.9% in the 3rd quarter. Soltis Investment Advisors LLC now owns 11,716 shares of the retailer's stock valued at $946,000 after buying an additional 2,831 shares during the last quarter. TCW Group Inc. raised its holdings in Walmart by 140.1% in the 3rd quarter. TCW Group Inc. now owns 151,115 shares of the retailer's stock valued at $12,203,000 after acquiring an additional 88,177 shares during the period. Finally, Second Line Capital LLC lifted its position in Walmart by 6.0% during the third quarter. Second Line Capital LLC now owns 46,450 shares of the retailer's stock worth $3,751,000 after acquiring an additional 2,614 shares during the last quarter. Institutional investors own 26.76% of the company's stock.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

Walmart Company Profile

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.