Walmart (NYSE:WMT) CEO Sells $2,081,006.88 in Stock

Key Points

• C. Douglas McMillon, CEO of Walmart, sold $2,081,006.88 worth of stock, totaling 19,416 shares at an average price of $107.18, reducing his ownership by 0.44%.
• Walmart's shares recently fell 0.6% to $106.22, with a current market cap of $846.91 billion and a P/E ratio of 39.93.
• Walmart reported earnings per share of $0.68 for the most recent quarter, missing estimates by $0.06, with revenues of $169.34 billion.

Walmart Inc. (NYSE:WMT - Get Free Report) CEO C Douglas Mcmillon sold 19,416 shares of the business's stock in a transaction that occurred on Thursday, October 23rd. The stock was sold at an average price of $107.18, for a total value of $2,081,006.88. Following the transaction, the chief executive officer directly owned 4,354,162 shares in the company, valued at $466,679,083.16. This trade represents a 0.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

C Douglas Mcmillon also recently made the following trade(s):

• On Thursday, September 25th, C Douglas Mcmillon sold 19,416 shares of Walmart stock. The stock was sold at an average price of $103.21, for a total value of $2,003,925.36.
• On Thursday, August 28th, C Douglas Mcmillon sold 19,416 shares of Walmart stock. The stock was sold at an average price of $95.97, for a total value of $1,863,353.52.

Walmart Stock Down 0.6%

Shares of NYSE:WMT traded down $0.64 during trading on Friday, hitting $106.22. 10,281,202 shares of the company were exchanged, compared to its average volume of 18,411,975. The stock has a market cap of $846.91 billion, a price-to-earnings ratio of 39.93, a P/E/G ratio of 5.05 and a beta of 0.67. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $109.57. The firm has a fifty day moving average price of $102.04 and a two-hundred day moving average price of $98.44. 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 posted its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). The company had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period last year, the firm earned $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. As a group, research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on WMT. Sanford C. Bernstein set a $117.00 target price on Walmart and gave the stock an "outperform" rating in a research note on Friday, August 22nd. The Goldman Sachs Group lifted their target price on Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a research note on Friday, August 22nd. Weiss Ratings reiterated a "buy (b)" rating on shares of Walmart in a research note on Friday. Tigress Financial lifted their target price on Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research note on Wednesday, September 3rd. Finally, JPMorgan Chase & Co. reduced their target price on Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a research note on Friday, August 22nd. Thirty-one investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Walmart currently has a consensus rating of "Moderate Buy" and a consensus target price of $113.07.

Institutional Trading of Walmart

Several institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in Walmart by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer's stock valued at $42,223,116,000 after purchasing an additional 5,856,468 shares during the period. Kingstone Capital Partners Texas LLC boosted its stake in Walmart by 397,264.9% in the 2nd 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 period. Geode Capital Management LLC boosted its stake in Walmart by 0.3% in the 2nd quarter. Geode Capital Management LLC now owns 94,557,532 shares of the retailer's stock valued at $9,199,712,000 after purchasing an additional 263,718 shares during the period. Norges Bank acquired a new position in Walmart in the 2nd quarter valued at $5,367,770,000. Finally, Goldman Sachs Group Inc. raised its holdings 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 acquiring an additional 7,706,201 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.

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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