Walmart Inc. (NYSE:WMT) EVP Daniel J. Bartlett Sells 1,760 Shares

Walmart Inc. (NYSE:WMT - Get Free Report) EVP Daniel J. Bartlett sold 1,760 shares of Walmart stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $94.77, for a total value of $166,795.20. Following the transaction, the executive vice president now owns 650,977 shares in the company, valued at approximately $61,693,090.29. The trade was a 0.27% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Walmart Stock Up 1.1%

Shares of Walmart stock traded up $1.07 on Friday, reaching $96.16. 20,513,457 shares of the company were exchanged, compared to its average volume of 17,967,529. The stock's 50 day moving average price is $96.32 and its 200-day moving average price is $94.13. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.78 and a quick ratio of 0.22. Walmart Inc. has a 1-year low of $66.55 and a 1-year high of $105.30. The company has a market cap of $767.41 billion, a P/E ratio of 41.10, a price-to-earnings-growth ratio of 4.64 and a beta of 0.69.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings results on Thursday, May 15th. The retailer reported $0.61 EPS for the quarter, topping the consensus estimate of $0.58 by $0.03. Walmart had a net margin of 2.75% and a return on equity of 21.76%. The company had revenue of $165.61 billion during the quarter, compared to analysts' expectations of $164.53 billion. During the same quarter in the previous year, the business posted $0.60 EPS. The firm's revenue was up 2.5% on a year-over-year basis. As a group, equities analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, May 27th. Shareholders of record on Monday, May 12th were paid a $0.235 dividend. This represents a yield of 0.95%. The ex-dividend date of this dividend was Friday, May 9th. Walmart's dividend payout ratio is presently 40.17%.

Institutional Trading of Walmart

Institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in Walmart by 0.8% in the first quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer's stock valued at $37,395,120,000 after purchasing an additional 3,224,154 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Walmart by 3.4% in the 4th quarter. Geode Capital Management LLC now owns 90,635,238 shares of the retailer's stock valued at $8,167,186,000 after buying an additional 3,017,829 shares in the last quarter. Norges Bank purchased a new position in shares of Walmart in the 4th quarter valued at $5,737,355,000. Fisher Asset Management LLC raised its stake in Walmart by 2.4% during the 4th quarter. Fisher Asset Management LLC now owns 48,793,045 shares of the retailer's stock worth $4,408,452,000 after acquiring an additional 1,133,201 shares in the last quarter. Finally, Northern Trust Corp lifted its position in Walmart by 8.9% in the fourth quarter. Northern Trust Corp now owns 43,641,936 shares of the retailer's stock valued at $3,943,049,000 after acquiring an additional 3,550,037 shares during the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

WMT has been the topic of several analyst reports. Royal Bank Of Canada reiterated an "outperform" rating and set a $103.00 price target (up previously from $102.00) on shares of Walmart in a report on Monday, June 9th. Evercore ISI lifted their target price on shares of Walmart from $105.00 to $107.00 and gave the stock an "outperform" rating in a research note on Wednesday, June 4th. Truist Financial boosted their target price on shares of Walmart from $107.00 to $111.00 and gave the company a "buy" rating in a report on Friday, May 16th. Barclays restated an "overweight" rating on shares of Walmart in a report on Friday, February 28th. Finally, Mizuho lifted their price target on shares of Walmart from $105.00 to $115.00 and gave the company an "outperform" rating in a research report on Monday, June 9th. Two investment analysts have rated the stock with a hold rating, thirty have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $106.50.

About Walmart

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.