Walmart (NASDAQ:WMT) Stock Price Down 1.5% – Should You Sell?

Walmart Inc. (NASDAQ:WMT)’s share price dropped 1.5% on Tuesday . The company traded as low as $110.70 and last traded at $110.90. Approximately 20,267,348 shares changed hands during mid-day trading, an increase of 8% from the average daily volume of 18,819,354 shares. The stock had previously closed at $112.60.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Bank of America raised their price objective on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, September 17th. Royal Bank Of Canada restated an “outperform” rating and issued a $123.00 price target on shares of Walmart in a research note on Tuesday, December 9th. Cowen reiterated a “buy” rating on shares of Walmart in a research note on Tuesday, December 9th. Wolfe Research initiated coverage on Walmart in a report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price objective for the company. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. Thirty-one analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $120.54.

Walmart Stock Up 0.6%

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 firm has a fifty day simple moving average of $107.94 and a 200-day simple moving average of $102.36. The firm has a market cap of $889.15 billion, a price-to-earnings ratio of 39.01, a P/E/G ratio of 5.12 and a beta of 0.64.

Walmart (NASDAQ:WMT) last issued its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.02. The company had revenue of $179.50 billion for the quarter, compared to analyst estimates of $175.15 billion. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The company’s revenue was up 5.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, sell-side analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Insider Buying and Selling

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction that occurred on Thursday, October 23rd. The stock was sold at an average price of $107.18, for a total transaction of $2,081,006.88. Following the transaction, the chief executive officer owned 4,354,162 shares in the company, valued at approximately $466,679,083.16. This trade represents a 0.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP David Chojnowski sold 7,000 shares of the business’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $106.65, for a total value of $746,550.00. Following the completion of the sale, the senior vice president owned 136,289 shares of the company’s stock, valued at $14,535,221.85. This trade represents a 4.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 108,412 shares of company stock valued at $11,741,699 in the last ninety days. 0.10% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Walmart

Several hedge funds and other institutional investors have recently added to or reduced their stakes in WMT. Revolve Wealth Partners LLC grew its stake in Walmart by 1.0% during the third quarter. Revolve Wealth Partners LLC now owns 9,926 shares of the retailer’s stock worth $1,023,000 after buying an additional 96 shares in the last quarter. Atlas Legacy Advisors LLC lifted its holdings in shares of Walmart by 1.1% during the 2nd quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock worth $851,000 after acquiring an additional 98 shares during the period. Meridian Wealth Partners LLC boosted its position in shares of Walmart by 2.1% during the 2nd quarter. Meridian Wealth Partners LLC now owns 4,804 shares of the retailer’s stock worth $470,000 after acquiring an additional 99 shares in the last quarter. Hemington Wealth Management increased its stake in Walmart by 1.8% in the third quarter. Hemington Wealth Management now owns 5,695 shares of the retailer’s stock valued at $586,000 after acquiring an additional 99 shares during the last quarter. Finally, Boomfish Wealth Group LLC increased its stake in Walmart by 2.7% in the third quarter. Boomfish Wealth Group LLC now owns 3,701 shares of the retailer’s stock valued at $381,000 after acquiring an additional 99 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

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.