Walmart (NYSE:WMT) Trading 0.1% Higher - What's Next?

Walmart Inc. (NYSE:WMT - Get Free Report) traded up 0.1% during trading on Tuesday . The company traded as high as $97.32 and last traded at $96.84. 4,786,219 shares were traded during trading, a decline of 73% from the average session volume of 17,835,375 shares. The stock had previously closed at $96.75.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Evercore ISI decreased their price objective on Walmart from $107.00 to $100.00 and set an "outperform" rating for the company in a research report on Tuesday, March 11th. Piper Sandler raised their price target on Walmart from $93.00 to $118.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 18th. Barclays reissued an "overweight" rating on shares of Walmart in a research note on Friday, February 28th. Royal Bank of Canada reissued an "outperform" rating and issued a $102.00 price objective on shares of Walmart in a research note on Tuesday, May 6th. Finally, KeyCorp lifted their price target on Walmart from $100.00 to $105.00 and gave the stock an "overweight" rating in a research report on Friday, February 21st. Two analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $103.94.

Walmart Stock Down 1.5%

The firm has a 50-day moving average price of $90.80 and a two-hundred day moving average price of $92.19. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23. The company has a market capitalization of $763.18 billion, a price-to-earnings ratio of 39.61, a PEG ratio of 4.42 and a beta of 0.70.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The retailer reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.03. The business had revenue of $165.61 billion during the quarter, compared to analysts' expectations of $164.53 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. During the same period last year, the firm posted $0.60 EPS. As a group, sell-side analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Announces Dividend

The company also recently declared a dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 12th will be issued a dividend of $0.235 per share. The ex-dividend date of this dividend is Friday, May 9th. This represents a yield of 0.95%. Walmart's payout ratio is currently 39.00%.

Insider Buying and Selling

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the firm's stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $85.95, for a total transaction of $343,800.00. Following the transaction, the executive vice president now owns 888,309 shares in the company, valued at $76,350,158.55. This trade represents a 0.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the firm's stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $96.95, for a total value of $2,823,571.80. Following the transaction, the chief executive officer now owns 3,558,247 shares in the company, valued at approximately $344,972,046.65. This trade represents a 0.81% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 133,857 shares of company stock valued at $12,444,743. Insiders own 45.58% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of WMT. FPC Investment Advisory Inc. acquired a new position in shares of Walmart in the 4th quarter valued at about $25,000. Horizon Financial Services LLC raised its stake in Walmart by 1,007.7% during the 4th quarter. Horizon Financial Services LLC now owns 288 shares of the retailer's stock worth $26,000 after buying an additional 262 shares during the period. Fiduciary Advisors Inc. acquired a new position in Walmart during the 4th quarter worth approximately $27,000. Operose Advisors LLC raised its stake in Walmart by 319.7% during the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after buying an additional 243 shares during the period. Finally, Bear Mountain Capital Inc. raised its stake in Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after buying an additional 167 shares during the period. 26.76% of the stock is owned by institutional investors and hedge funds.

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.