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

On December 26, 2024, John R. Furner, the Executive Vice President of Walmart Inc. (NYSE:WMT), executed a transaction involving the sale of 13,125 shares of the company’s stock. He sold these shares at an average price of $92.60, resulting in a total transaction value of approximately $1,215,375.00. Following this sale, Furner retains ownership of 566,794 shares in Walmart, which are currently valued at about $52,485,124.40. This sale represents a 2.26% decrease in his overall ownership of the company’s stock. The details of this transaction were made public through a filing with the Securities and Exchange Commission.

Walmart Stock Performance

As of Friday, the stock opened at $91.66, reflecting a slight decline of 1.2%. Walmart holds a quick ratio of 0.23 and a current ratio of 0.85, along with a debt-to-equity ratio of 0.42. The company’s stock has experienced fluctuations, with a 52-week low of $51.87 and a high of $96.18. Currently, it has a 50-day moving average price of $88.60 and a 200-day moving average price of $78.90. Walmart's market capitalization stands at $736.34 billion, with a price-to-earnings (P/E) ratio of 37.62 and a P/E/G ratio of 4.47.

Recent Earnings Announcement

Walmart recently reported its earnings on November 19, 2024. The company achieved an earnings per share (EPS) of $0.58 for the quarter, surpassing the consensus estimate of $0.53 by $0.05. Walmart displayed a net margin of 2.92% and a return on equity of 21.78%, with total revenue of $169.59 billion compared to the expected $167.69 billion. This performance represented a 5.5% increase in quarterly revenue compared to the same period last year. Analysts predict Walmart Inc. will post an EPS of 2.47 for the current fiscal year.

Institutional Ownership and Trading Activity

Recent activities among institutional investors show changes in Walmart's stock ownership. Brophy Wealth Management LLC made a new investment in Walmart worth approximately $2,072,000 in the third quarter. Meanwhile, Fisher Asset Management LLC increased its stake by 4.6% during the same period, now owning about 47.66 million shares valued at around $3.85 billion. Other notable changes include Virtu Financial LLC and Charles Schwab Investment Management Inc. increasing their stakes as well. Collectively, these institutions hold 26.76% of Walmart’s stock.

Analyst Ratings and Price Forecasts

Various analysts have provided their insights regarding Walmart's stock. Oppenheimer revised its target price from $81.00 to $90.00, rating the stock as “outperform.” Bank of America increased its target price to $105.00 with a “buy” rating, and similarly, Morgan Stanley raised its price objective to $100.00. Overall, research indicates a consensus rating of “Moderate Buy” with an average price target of approximately $93.69, with many analysts expressing a bullish outlook on Walmart's future performance.

About Walmart Inc.

Walmart Inc. is a global leader in retail, operating in various sectors, including retail, wholesale, and eCommerce. The company operates through three primary segments: Walmart U.S., Walmart International, and Sam's Club. It encompasses a wide range of store formats, including supercenters, supermarkets, hypermarkets, warehouse clubs, and discount stores, as well as various eCommerce platforms and mobile applications.

Furner, Walmart, Sale