Walmart (NYSE:WMT) EVP Sells $1,414,612.50 in Stock

Key Points

• Walmart EVP John Furner sold 13,125 shares of Walmart stock on October 16 for a total of $1,414,612.50, reducing his ownership by 1.45% to 892,940 shares.
• The company's stock price rose 1.3% to $107.80 following the transaction, and it has a market cap of $859.50 billion, with a price-to-earnings ratio of 40.53.
• Walmart's latest quarterly earnings showed a miss on estimates, reporting $0.68 earnings per share compared to the anticipated $0.74, with total revenues of $169.34 billion.

Walmart Inc. (NYSE:WMT - Get Free Report) EVP John Furner sold 13,125 shares of Walmart stock in a transaction dated Thursday, October 16th. The stock was sold at an average price of $107.78, for a total value of $1,414,612.50. Following the sale, the executive vice president directly owned 892,940 shares of the company's stock, valued at $96,241,073.20. This trade represents a 1.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Walmart Stock Up 1.3%

NYSE WMT traded up $1.33 during trading on Friday, reaching $107.80. 13,581,497 shares of the company's stock were exchanged, compared to its average volume of 18,590,977. The stock has a market cap of $859.50 billion, a P/E ratio of 40.53, a price-to-earnings-growth ratio of 5.14 and a beta of 0.67. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The company has a 50 day moving average price of $101.61 and a two-hundred day moving average price of $97.73. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $109.57.

Walmart (NYSE:WMT - Get Free Report) last posted its 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). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm had revenue of $169.34 billion during the quarter, compared to analysts' expectations of $174.02 billion. During the same period in the previous year, the firm posted $0.67 earnings per share. The firm's revenue for the quarter was up 4.8% on a year-over-year basis. 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 research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Weiss Ratings reissued a "buy (b)" rating on shares of Walmart in a report on Wednesday, October 8th. Truist Financial dropped their target price on Walmart from $111.00 to $109.00 and set a "buy" rating on the stock in a report on Friday, August 22nd. Telsey Advisory Group reissued an "outperform" rating and issued a $118.00 target price on shares of Walmart in a report on Wednesday, September 24th. Erste Group Bank raised Walmart from a "hold" rating to a "buy" rating in a report on Tuesday, August 5th. Finally, JPMorgan Chase & Co. dropped their target price on Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a report on Friday, August 22nd. Thirty-one analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $112.63.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in Walmart by 1.4% in the second 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 last quarter. Kingstone Capital Partners Texas LLC grew its holdings in 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 grew its holdings in Walmart by 0.3% in the second 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 last quarter. Norges Bank acquired a new stake in Walmart in the second quarter valued at $5,367,770,000. Finally, Goldman Sachs Group Inc. grew its holdings in Walmart by 30.1% in the first 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 last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

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.

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