Rep. Rick Larsen Purchases Shares of Walmart Inc. (NYSE:WMT)

Key Points

• Rep. Rick Larsen purchased shares of Walmart Inc. worth between $1,001 and $15,000 on October 6th, 2023, as disclosed in an SEC filing.
• Walmart reported a quarterly EPS of $0.68, missing estimates, alongside revenue of $169.34 billion, which was also below expectations.
• Recent institutional movements include Vanguard Group increasing their stake in Walmart by 1.4%, reflecting strong investor interest in the retail giant.

Representative Rick Larsen (D-Washington) recently bought shares of Walmart Inc. NYSE: WMT. In a filing disclosed on October 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in Walmart stock on October 6th. The trade occurred in the Representative's "RICHARD R LARSEN IRA" account.

Representative Rick Larsen also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Zoetis NYSE: ZTS on 10/6/2025.
• Purchased $1,001 - $15,000 in shares of American Electric Power NASDAQ: AEP on 10/6/2025.
• Sold $1,001 - $15,000 in shares of Colgate-Palmolive NYSE: CL on 10/6/2025.
• Sold $1,001 - $15,000 in shares of Old Dominion Freight Line NASDAQ: ODFL on 10/6/2025.
• Purchased $1,001 - $15,000 in shares of Abbott Laboratories NYSE: ABT on 10/6/2025.

Walmart Stock Performance

Shares of WMT opened at $107.80 on Friday. The stock has a market capitalization of $859.50 billion, a price-to-earnings ratio of 40.53, a PEG ratio of 5.02 and a beta of 0.67. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $109.57. The firm has a fifty day simple moving average of $101.69 and a 200 day simple moving average of $97.86. 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 issued its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same period last year, the firm earned $0.67 earnings per share. The company'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. Research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Transactions at Walmart

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction on Friday, September 19th. The stock was sold at an average price of $103.83, for a total transaction of $415,320.00. Following the transaction, the executive vice president owned 1,048,455 shares in the company, valued at $108,861,082.65. This trade represents a 0.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the business's stock in a transaction dated Thursday, July 24th. The shares were sold at an average price of $95.58, for a total transaction of $1,855,781.28. Following the completion of the sale, the chief executive officer directly owned 4,412,398 shares of the company's stock, valued at approximately $421,737,000.84. The trade was a 0.44% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 151,038 shares of company stock valued at $15,249,614. Corporate insiders own 0.10% of the company's stock.

Hedge Funds Weigh In On Walmart

Several large investors have recently modified their holdings of WMT. Vanguard Group Inc. lifted its position in Walmart by 1.4% during the second quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer's stock worth $42,223,116,000 after acquiring an additional 5,856,468 shares during the last quarter. Kingstone Capital Partners Texas LLC grew its position in shares of Walmart by 397,264.9% in the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer's stock valued at $10,496,702,000 after purchasing an additional 104,488,610 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Walmart by 0.3% during the second quarter. Geode Capital Management LLC now owns 94,557,532 shares of the retailer's stock worth $9,199,712,000 after purchasing an additional 263,718 shares during the period. Norges Bank acquired a new stake in Walmart during the 2nd quarter worth approximately $5,367,770,000. Finally, Goldman Sachs Group Inc. boosted its stake in Walmart by 30.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer's stock valued at $2,922,770,000 after purchasing an additional 7,706,201 shares during the period. 26.76% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently commented on WMT shares. Truist Financial reduced their price target on Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a research report on Friday, August 22nd. Erste Group Bank raised Walmart from a "hold" rating to a "buy" rating in a report on Tuesday, August 5th. Tigress Financial boosted their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday, September 3rd. BTIG Research started coverage on shares of Walmart in a research note on Tuesday. They issued a "buy" rating and a $120.00 price target for the company. Finally, Guggenheim reissued a "buy" rating and issued a $115.00 price objective (up previously from $112.00) on shares of Walmart in a research report on Monday, August 18th. Thirty-one equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, Walmart currently has an average rating of "Moderate Buy" and an average price target of $112.63.

About Representative Larsen

Rick Larsen (Democratic Party) is a member of the U.S. House, representing Washington's 2nd Congressional District. He assumed office on January 3, 2001. His current term ends on January 3, 2027. Larsen (Democratic Party) is running for re-election to the U.S. House to represent Washington's 2nd Congressional District. He declared candidacy for the 2026 election. Since at least 2011, Larsen has been assigned to the Committee on Armed Services and the Committee on Transportation and Infrastructure. Larsen's first position as an elected official was in 1998 as a member of the Snohomish County Council. Larsen earned his bachelor's degree from Pacific Lutheran University. After earning his master's degree in public affairs from the University of Minnesota, Larsen worked as the director of public affairs for the Washington State Dental Association and then as an economic development official with the Port of Everett. He went on to serve on the Snohomish County Council before seeking election to the U.S. House.

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.

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