Walmart (NASDAQ:WMT) CEO C Douglas Mcmillon Sells 19,416 Shares

Walmart Inc. (NASDAQ:WMT) CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction that occurred on Friday, December 26th. The shares were sold at an average price of $111.83, for a total transaction of $2,171,291.28. Following the completion of the transaction, the chief executive officer owned 4,315,333 shares of the company’s stock, valued at $482,583,689.39. This trade represents a 0.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

• On Friday, November 28th, C Douglas Mcmillon sold 19,416 shares of Walmart stock. The shares were sold at an average price of $109.57, for a total transaction of $2,127,411.12.
• 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 value of $2,081,006.88.

Walmart Stock Performance

Shares of Walmart stock opened at $112.53 on Tuesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24. The firm has a market cap of $896.88 billion, a price-to-earnings ratio of 39.35, a price-to-earnings-growth ratio of 5.16 and a beta of 0.64. The stock’s 50-day moving average is $108.24 and its 200-day moving average is $102.74. Walmart Inc. has a one year low of $79.81 and a one year high of $117.45.

Walmart (NASDAQ:WMT) last announced its earnings results 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. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The business had revenue of $179.50 billion for the quarter, compared to analyst estimates of $175.15 billion. During the same quarter last year, the firm earned $0.58 EPS. Walmart’s revenue for the quarter was up 5.8% compared to the same quarter last year. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Equities analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC boosted its holdings in 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 valued at $10,496,702,000 after purchasing an additional 104,488,610 shares during the period. Norges Bank bought a new stake in shares of Walmart during the 2nd quarter valued at $5,367,770,000. Laurel Wealth Advisors LLC increased its position in shares of 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 purchasing an additional 11,368,549 shares during the period. AQR Capital Management LLC lifted its position in Walmart by 188.1% during the third quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer’s stock worth $1,199,907,000 after purchasing an additional 7,614,172 shares during the period. Finally, Vanguard Group Inc. increased its holdings in Walmart by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock valued at $42,223,116,000 after buying an additional 5,856,468 shares during the period. Institutional investors own 26.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on WMT. Guggenheim restated a “buy” rating and set a $120.00 price objective (up from $115.00) on shares of Walmart in a research note on Friday, November 21st. Truist Financial set a $127.00 price target on Walmart in a research report on Wednesday, December 17th. Wells Fargo & Company reissued an “overweight” rating and issued a $130.00 target price (up from $120.00) on shares of Walmart in a research note on Friday, December 19th. Cowen reaffirmed a “buy” rating on shares of Walmart in a research report on Tuesday, December 9th. Finally, BMO Capital Markets upped their target price on shares of Walmart from $110.00 to $125.00 and gave the company an “outperform” rating in a report on Friday, November 21st. Thirty-two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $120.69.

Walmart Company Profile

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.