John Furner Sells 13,125 Shares of Walmart (NYSE:WMT) Stock

Walmart Inc. (NYSE:WMT) EVP John Furner sold 13,125 shares of the stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $104.75, for a total transaction of $1,374,843.75. Following the sale, the executive vice president directly owned 879,815 shares of the company’s stock, valued at $92,160,621.25. The trade was a 1.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Walmart Trading Down 1.4%

Shares of WMT stock traded down $1.47 during mid-day trading on Monday, reaching $103.85. The stock had a trading volume of 42,474,517 shares, compared to its average volume of 18,569,375. The firm has a market capitalization of $827.98 billion, a PE ratio of 39.04, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. The stock’s 50-day moving average price is $103.52 and its two-hundred day moving average price is $99.91. 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 Inc. has a 52-week low of $79.81 and a 52-week high of $109.57.

Walmart (NYSE:WMT) last posted its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.02. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company had revenue of $179.50 billion for the quarter, compared to analysts’ expectations of $175.15 billion. During the same period last year, the firm earned $0.58 earnings per share. Walmart’s quarterly revenue was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Equities analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Walmart

Hedge funds have recently bought and sold shares of the business. Kingstone Capital Partners Texas LLC grew its stake in shares of 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 worth $10,496,702,000 after buying an additional 104,488,610 shares during the last quarter. Norges Bank purchased a new position in Walmart during the second quarter valued at $5,367,770,000. Nuveen LLC bought a new stake in Walmart in the first quarter worth $2,532,331,000. Laurel Wealth Advisors LLC boosted its holdings in Walmart by 9,648.7% in the second quarter. Laurel Wealth Advisors LLC now owns 11,486,374 shares of the retailer’s stock worth $1,123,138,000 after acquiring an additional 11,368,549 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in shares of Walmart by 30.1% in the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock worth $2,922,770,000 after acquiring an additional 7,706,201 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on WMT shares. Erste Group Bank raised Walmart from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Wells Fargo & Company set a $120.00 price objective on shares of Walmart and gave the stock an “overweight” rating in a report on Friday. Robert W. Baird lifted their target price on shares of Walmart from $110.00 to $121.00 and gave the company an “outperform” rating in a research note on Friday. Oppenheimer boosted their price target on shares of Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a research report on Wednesday, August 13th. Finally, Wolfe Research assumed coverage on shares of Walmart in a report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price objective for the company. Thirty-one research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $118.55.

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.