Walmart (NYSE:WMT) EVP Kathryn J. Mclay Sells 4,000 Shares

Key Points

• Walmart's EVP, Kathryn Mclay, sold 4,000 shares at an average price of $103.83, resulting in a total transaction value of $415,320.
• The company's quarterly earnings report showed earnings per share (EPS) of $0.68, missing analysts' expectations of $0.74, with a revenue of $169.34 billion.
• Analysts have generally maintained a positive outlook on Walmart, with a current average price target of $112.03 and multiple "buy" ratings from various investment firms.

Walmart Inc. (NYSE:WMT - Get Free Report) EVP Kathryn J. Mclay sold 4,000 shares of the firm's stock in a transaction that occurred 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 sale, the executive vice president owned 1,048,455 shares of the company's stock, valued at $108,861,082.65. This trade represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Walmart Stock Performance

WMT stock traded down $0.39 during mid-day trading on Tuesday, hitting $102.43. 8,130,211 shares of the company were exchanged, compared to its average volume of 18,866,164. The business has a 50 day simple moving average of $99.54 and a 200-day simple moving average of $95.72. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $816.63 billion, a PE ratio of 38.51, a price-to-earnings-growth ratio of 4.82 and a beta of 0.65. Walmart Inc. has a 1-year low of $78.98 and a 1-year high of $106.11.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) 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 company's revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the business earned $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, equities analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on WMT. JPMorgan Chase & Co. cut their price objective on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a research report on Friday, August 22nd. Sanford C. Bernstein set a $117.00 target price on shares of Walmart and gave the stock an "outperform" rating in a report on Friday, August 22nd. Bank of America raised 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 17th. Evercore ISI reaffirmed an "outperform" rating and set a $110.00 target price (up from $108.00) on shares of Walmart in a report on Monday, August 18th. Finally, Mizuho reaffirmed an "outperform" rating and set a $115.00 target price on shares of Walmart in a report on Wednesday, August 13th. Twenty-nine analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Walmart currently has a consensus rating of "Moderate Buy" and an average price target of $112.62.

Institutional Trading of Walmart

Hedge funds have recently added to or reduced their stakes in the stock. Caldwell Trust Co acquired a new position in shares of Walmart during the second quarter worth $10,817,000. Watts Gwilliam & Co. LLC lifted its holdings in Walmart by 17.0% during the 2nd quarter. Watts Gwilliam & Co. LLC now owns 29,199 shares of the retailer's stock worth $3,025,000 after buying an additional 4,249 shares during the period. Canal Capital Management LLC lifted its holdings in Walmart by 2.1% during the 2nd quarter. Canal Capital Management LLC now owns 113,156 shares of the retailer's stock worth $11,064,000 after buying an additional 2,348 shares during the period. Valeo Financial Advisors LLC lifted its holdings in Walmart by 3.5% during the 2nd quarter. Valeo Financial Advisors LLC now owns 148,130 shares of the retailer's stock worth $14,504,000 after buying an additional 4,979 shares during the period. Finally, Milestones Private Investment Advisors LLC acquired a new position in Walmart during the 2nd quarter worth about $675,000. Institutional investors and hedge funds own 26.76% of the company's stock.

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.