C Douglas Mcmillon Sells 19,416 Shares of Walmart (NYSE:WMT) Stock

Walmart Inc. (NYSE:WMT) CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction dated Friday, November 28th. The stock was sold at an average price of $109.57, for a total transaction of $2,127,411.12. Following the transaction, the chief executive officer directly owned 4,334,747 shares of the company’s stock, valued at approximately $474,958,228.79. This represents a 0.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

C Douglas Mcmillon also recently made the following trade(s):

• On Thursday, October 23rd, C Douglas Mcmillon sold 19,416 shares of Walmart stock. The stock was sold at an average price of $107.18, for a total transaction of $2,081,006.88.
• On Thursday, September 25th, C Douglas Mcmillon sold 19,416 shares of Walmart stock. The shares were sold at an average price of $103.21, for a total value of $2,003,925.36.

Walmart Trading Up 1.9%

WMT opened at $114.50 on Thursday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.24 and a current ratio of 0.80. The stock’s 50 day moving average price is $104.59 and its 200-day moving average price is $100.61. Walmart Inc. has a one year low of $79.81 and a one year high of $114.89. The stock has a market cap of $912.88 billion, a price-to-earnings ratio of 40.03, a P/E/G ratio of 5.16 and a beta of 0.64.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. The company had revenue of $179.50 billion during the quarter, compared to analysts’ expectations of $175.15 billion. Walmart had a return on equity of 21.31% and a net margin of 3.26%.Walmart’s revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, equities analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have recently commented on WMT shares. Cowen restated a “buy” rating on shares of Walmart in a report on Monday, November 10th. UBS Group set a $130.00 price objective on shares of Walmart in a research report on Wednesday. Guggenheim restated a “buy” rating and issued a $120.00 target price (up from $115.00) on shares of Walmart in a research note on Friday, November 21st. Telsey Advisory Group lifted their price target on shares of Walmart from $118.00 to $130.00 and gave the company an “outperform” rating in a research note on Friday, November 21st. Finally, Wolfe Research began coverage on Walmart in a report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price target for the company. Thirty-one equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Walmart has an average rating of “Moderate Buy” and an average target price of $119.00.

Institutional Investors Weigh In On Walmart

Several hedge funds have recently modified their holdings of the business. Kingstone Capital Partners Texas LLC boosted its position in Walmart by 397,264.9% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after acquiring an additional 104,488,610 shares in the last quarter. Norges Bank purchased a new stake in shares of Walmart during the 2nd quarter worth $5,367,770,000. Nuveen LLC bought a new stake in Walmart during the first quarter valued at about $2,532,331,000. Laurel Wealth Advisors LLC grew its stake 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 valued at $1,123,138,000 after purchasing an additional 11,368,549 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised 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 worth $2,922,770,000 after purchasing an additional 7,706,201 shares in the last quarter. Hedge funds and other institutional investors 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.