Key Points
- Walmart EVP John Rainey sold 2,200 shares of stock on November 3rd at an average price of $101.18, totaling approximately $222,596.
- The transaction reduced Rainey's ownership by 0.35%, leaving him with 619,518 shares valued around $62.68 million.
- Walmart's stock has received various analyst upgrades, with price targets being raised to as high as $117.00, and currently carries an average rating of "Moderate Buy".
Walmart Inc. (NYSE:WMT - Get Free Report) EVP John Rainey sold 2,200 shares of the stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $101.18, for a total transaction of $222,596.00. Following the transaction, the executive vice president owned 619,518 shares of the company's stock, valued at approximately $62,682,831.24. This represents a 0.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Walmart Trading Up 0.7%
Walmart stock opened at $102.32 on Wednesday. The firm has a 50-day moving average of $102.69 and a 200-day moving average of $99.33. Walmart Inc. has a one year low of $79.81 and a one year high of $109.57. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The company has a market cap of $815.76 billion, a price-to-earnings ratio of 38.47, a P/E/G ratio of 4.83 and a beta of 0.67.
Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. During the same quarter in the prior year, the company earned $0.67 earnings per share. The company's quarterly revenue 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 analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Walmart
Several hedge funds have recently bought and sold shares of WMT. Access Investment Management LLC acquired a new stake in Walmart during the second quarter worth approximately $26,000. Operose Advisors LLC lifted its position in Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after acquiring an additional 243 shares during the last quarter. Your Advocates Ltd. LLP acquired a new stake in Walmart during the third quarter worth approximately $28,000. PFS Partners LLC lifted its position in Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer's stock worth $31,000 after acquiring an additional 233 shares during the last quarter. Finally, Bear Mountain Capital Inc. increased its position in Walmart by 98.2% during the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after acquiring an additional 167 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
WMT has been the topic of several analyst reports. Oppenheimer upped their price target on shares of Walmart from $110.00 to $115.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 13th. Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the stock an "outperform" rating in a research report on Friday, August 22nd. Royal Bank Of Canada set a $116.00 price target on shares of Walmart and gave the stock an "outperform" rating in a research report on Wednesday, October 29th. JPMorgan Chase & Co. dropped their price target on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a research report on Friday, August 22nd. Finally, Telsey Advisory Group reaffirmed an "outperform" rating and set a $118.00 price target on shares of Walmart in a research report on Wednesday, September 24th. Thirty-one analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $113.40.
View Our Latest Stock Analysis on Walmart
About Walmart
(
Get Free Report)
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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