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

On December 26th, 2024, John R. Furner, Executive Vice President of Walmart Inc. (NYSE:WMT), sold 13,125 shares of the company's stock. The transaction was made at an average price of $92.60 per share, totaling a value of $1,215,375. After this sale, Furner holds 566,794 shares in Walmart, which are now valued at $52,485,124.40. This sale reflects a 2.26% decrease in his ownership stake in Walmart. Details of the transaction have been filed with the Securities and Exchange Commission and are publicly accessible.

Walmart Stock Performance

On Friday, Walmart's stock opened at $91.66, reflecting a decrease of 1.2%. The company's financial metrics include a quick ratio of 0.23 and a current ratio of 0.85, indicating its liquidity position. With a debt-to-equity ratio of 0.42, Walmart maintains a relatively stable financing structure. Over the past year, the stock has seen a low point of $51.87 and a high of $96.18. The 50-day moving average stands at $88.60 while the 200-day average is $78.90. Walmart has a market capitalization of $736.34 billion, with a price-to-earnings (P/E) ratio of 37.62.

Walmart's Recent Earnings Report

Walmart recently reported its earnings results on November 19th, 2024. The company achieved earnings per share (EPS) of $0.58 for the quarter, which surpassed analyst expectations of $0.53 by $0.05. Walmart's net margin reached 2.92% with a return on equity of 21.78%. The total revenue for the quarter was $169.59 billion, exceeding estimates of $167.69 billion. In comparison to the same quarter last year, revenues grew by 5.5%. Analysts expect Walmart to post an EPS of 2.47 for the current fiscal year.

Institutional Investments in Walmart

In recent months, several institutional investors have adjusted their holdings in Walmart. For example, Brophy Wealth Management LLC acquired a new stake valued at approximately $2,072,000 during the third quarter. Fisher Asset Management increased its stake by 4.6%, owning a total of 47,659,844 shares valued at roughly $3.85 billion after acquiring more shares. Other notable investors include Virtu Financial LLC and Charles Schwab Investment Management Inc., who also reported increases in their stakes. Currently, about 26.76% of Walmart's stock is owned by institutional investors.

Analysts' Views on Walmart's Stock

Several analysts have recently updated their ratings and price targets for Walmart's stock. Oppenheimer raised its price target from $81.00 to $90.00, rating the stock as outperform. Bank of America increased its target price from $95.00 to $105.00 and gave Walmart a buy rating. Similarly, Melius Research issued a buy rating with a $95.00 price target. Other firms, including Morgan Stanley and TD Cowen, also raised their price objectives to $100.00. In total, the consensus rating for Walmart’s stock is categorized as a "Moderate Buy," with an average price target of $93.69 according to MarketBeat.com.

About Walmart Inc.

Walmart Inc. is a large multinational retailer that operates through several segments including Walmart U.S., Walmart International, and Sam's Club. It offers a wide range of products through various formats such as supercenters, supermarkets, warehouse clubs, and e-commerce platforms.

Furner, Walmart, Stock