Kathryn Mclay Sells 4,000 Shares of Walmart (NASDAQ:WMT) Stock

Walmart Inc. (NASDAQ:WMTGet Free Report) EVP Kathryn Mclay sold 4,000 shares of the firm’s stock in a transaction on Friday, December 19th. The stock was sold at an average price of $115.21, for a total value of $460,840.00. Following the transaction, the executive vice president directly owned 1,031,455 shares of the company’s stock, valued at approximately $118,833,930.55. This represents a 0.39% 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 Price Performance

WMT stock opened at $114.36 on Friday. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $117.45. The company has a quick ratio of 0.24, a current ratio of 0.80 and a debt-to-equity ratio of 0.39. The company’s fifty day simple moving average is $107.61 and its 200 day simple moving average is $102.08. The firm has a market cap of $911.47 billion, a price-to-earnings ratio of 39.99, a PEG ratio of 5.28 and a beta of 0.64.

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

Wall Street Analyst Weigh In

Several equities analysts recently commented on WMT shares. KeyCorp reiterated an “overweight” rating and issued a $120.00 price objective (up previously from $110.00) on shares of Walmart in a research note on Friday, November 21st. BMO Capital Markets upped their price objective on shares of Walmart from $110.00 to $125.00 and gave the stock an “outperform” rating in a research report on Friday, November 21st. Tigress Financial increased their price target on shares of Walmart from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Wednesday, December 3rd. Wells Fargo & Company reaffirmed an “overweight” rating and set a $130.00 price objective (up from $120.00) on shares of Walmart in a report on Friday. Finally, Robert W. Baird increased their target price on Walmart from $110.00 to $121.00 and gave the company an “outperform” rating in a research note on Friday, November 21st. Thirty-one 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 stock currently has an average rating of “Moderate Buy” and an average target price of $120.54.

Check Out Our Latest Stock Report on Walmart

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in Walmart by 0.9% during the 3rd quarter. Vanguard Group Inc. now owns 435,652,710 shares of the retailer’s stock valued at $44,898,368,000 after acquiring an additional 3,835,200 shares during the period. State Street Corp lifted its position in Walmart by 1.2% during the third quarter. State Street Corp now owns 184,805,978 shares of the retailer’s stock valued at $19,046,104,000 after purchasing an additional 2,242,364 shares in the last quarter. Kingstone Capital Partners Texas LLC lifted its holdings in Walmart by 397,264.9% during 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 in the last quarter. Geode Capital Management LLC boosted its holdings in Walmart by 0.3% in the 2nd quarter. Geode Capital Management LLC now owns 94,557,532 shares of the retailer’s stock worth $9,199,712,000 after buying an additional 263,718 shares during the period. Finally, Norges Bank bought a new position in shares of Walmart in the second quarter worth about $5,367,770,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

Walmart Company Profile

(Get Free Report)

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.

Further Reading

Insider Buying and Selling by Quarter for Walmart (NASDAQ:WMT)

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