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

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 11th. 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 Price Performance

NYSE:WMT traded up $1.98 during trading hours on Thursday, reaching $93.17. The stock had a trading volume of 21,350,174 shares, compared to its average volume of 17,797,031. The stock has a market capitalization of $746.93 billion, a PE ratio of 38.66, a PEG ratio of 4.42 and a beta of 0.69. Walmart Inc. has a 52 week low of $58.56 and a 52 week high of $105.30. The company has a 50 day moving average price of $91.71 and a two-hundred day moving average price of $90.18. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82.

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

Walmart Dividend Announcement

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

Insiders Place Their Bets

In related news, EVP John D. Rainey sold 38,000 shares of the firm's stock in a transaction 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 in the company, valued at $25,419,362.80. This trade represents a 12.87 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of the business's stock in a transaction dated Thursday, January 23rd. The shares were sold at an average price of $92.62, for a total value of $2,697,464.88. Following the sale, the chief executive officer now owns 3,766,491 shares in the company, valued at approximately $348,852,396.42. The trade was a 0.77 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 178,782 shares of company stock valued at $16,785,305. 45.58% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of WMT. Chicago Capital LLC grew its holdings in Walmart by 1.5% in the first quarter. Chicago Capital LLC now owns 31,320 shares of the retailer's stock worth $2,750,000 after purchasing an additional 469 shares during the last quarter. Smith Shellnut Wilson LLC ADV boosted its position in shares of Walmart by 1.0% in the 1st quarter. Smith Shellnut Wilson LLC ADV now owns 14,471 shares of the retailer's stock worth $1,270,000 after purchasing an additional 150 shares in the last quarter. Kercheville Advisors LLC grew its stake in Walmart by 14.7% during the 1st quarter. Kercheville Advisors LLC now owns 48,557 shares of the retailer's stock worth $4,263,000 after buying an additional 6,227 shares during the last quarter. AA Financial Advisors LLC grew its stake in Walmart by 10.4% during the 1st quarter. AA Financial Advisors LLC now owns 14,060 shares of the retailer's stock worth $1,234,000 after buying an additional 1,326 shares during the last quarter. Finally, WD Rutherford LLC purchased a new stake in Walmart in the first quarter valued at about $584,000. Institutional investors own 26.76% of the company's stock.

Analysts Set New Price Targets

WMT has been the subject of several recent research reports. Robert W. Baird lifted their price target on Walmart from $100.00 to $115.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 18th. Telsey Advisory Group reiterated an "outperform" rating and issued a $115.00 target price on shares of Walmart in a report on Thursday, April 10th. The Goldman Sachs Group restated a "buy" rating on shares of Walmart in a report on Wednesday, March 26th. Raymond James cut their price objective on shares of Walmart from $115.00 to $105.00 and set an "outperform" rating on the stock in a research report on Friday, April 11th. Finally, Evercore ISI lowered their target price on shares of Walmart from $107.00 to $100.00 and set an "outperform" rating for the company in a report on Tuesday, March 11th. Three analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Walmart presently has an average rating of "Moderate Buy" and an average target price of $103.58.

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.