Rep. Julie Johnson Sells Off Shares of Walmart Inc. (NYSE:WMT)

Representative Julie Johnson (D-Texas) recently sold shares of Walmart Inc. NYSE: WMT. In a filing disclosed on February 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Walmart stock on January 17th. The trade occurred in the Representative's "CHASE BROKERAGE ACCOUNT (3935)" account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Dell Technologies NYSE: DELL on 1/28/2025.
• Sold $1,001 - $15,000 in shares of PepsiCo NASDAQ: PEP on 1/28/2025.
• Sold $1,001 - $15,000 in shares of Intuit NASDAQ: INTU on 1/28/2025.
• Sold $1,001 - $15,000 in shares of ALLETE NYSE: ALE on 1/28/2025.
• Sold $1,001 - $15,000 in shares of PPG Industries NYSE: PPG on 1/27/2025.
• Purchased $1,001 - $15,000 in shares of Progressive NYSE: PGR on 1/24/2025.
• Purchased $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 1/24/2025.
• Sold $1,001 - $15,000 in shares of Chubb NYSE: CB on 1/24/2025.
• Sold $1,001 - $15,000 in shares of Morgan Stanley NYSE: MS on 1/24/2025.
• Purchased $1,001 - $15,000 in shares of Merck & Co., Inc. NYSE: MRK on 1/17/2025.

Walmart Stock Performance

WMT stock traded down $1.01 on Monday, reaching $104.04. 14,096,845 shares of the company were exchanged, compared to its average volume of 15,084,413. Walmart Inc. has a 12 month low of $55.99 and a 12 month high of $105.30. The stock's fifty day moving average price is $94.99 and its 200 day moving average price is $85.56. The firm has a market capitalization of $835.78 billion, a PE ratio of 42.70, a PEG ratio of 4.25 and a beta of 0.55. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23.

Walmart (NYSE:WMT - Get Free Report) last announced its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.53 by $0.05. The business had revenue of $169.59 billion for the quarter, compared to analyst estimates of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. Walmart's revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.51 earnings per share. On average, research analysts anticipate that Walmart Inc. will post 2.48 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Mufg Securities Americas Inc. bought a new position in Walmart in the fourth quarter valued at approximately $5,789,000. Nissay Asset Management Corp Japan ADV lifted its stake in Walmart by 9.7% in the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 1,706,195 shares of the retailer's stock valued at $156,390,000 after buying an additional 150,852 shares in the last quarter. Nan Shan Life Insurance Co. Ltd. acquired a new stake in shares of Walmart in the fourth quarter valued at approximately $84,396,000. Nearwater Capital Markets Ltd acquired a new stake in shares of Walmart in the fourth quarter valued at approximately $85,411,000. Finally, NorthRock Partners LLC boosted its position in shares of Walmart by 64.4% in the fourth quarter. NorthRock Partners LLC now owns 63,741 shares of the retailer's stock valued at $5,759,000 after acquiring an additional 24,968 shares during the period. Institutional investors own 26.76% of the company's stock.

Insider Activity

In related news, EVP John R. Furner sold 13,125 shares of the company's stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $92.00, for a total transaction of $1,207,500.00. Following the completion of the sale, the executive vice president now owns 579,915 shares of the company's stock, valued at $53,352,180. This represents a 2.21 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Robert Edward Jr. Moritz acquired 5,446 shares of the business's stock in a transaction that occurred on Wednesday, November 27th. The shares were purchased at an average cost of $91.81 per share, with a total value of $499,997.26. Following the transaction, the director now directly owns 7,805 shares of the company's stock, valued at $716,577.05. This trade represents a 230.86 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders sold 175,177 shares of company stock valued at $16,403,728. 45.58% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have issued reports on WMT shares. DZ Bank lowered shares of Walmart from a "buy" rating to a "hold" rating and set a $91.00 price target on the stock. in a report on Thursday, November 21st. Guggenheim boosted their price target on shares of Walmart from $90.00 to $100.00 and gave the company a "buy" rating in a report on Wednesday, November 20th. Truist Financial upped their target price on shares of Walmart from $98.00 to $111.00 and gave the stock a "buy" rating in a report on Tuesday, February 11th. StockNews.com downgraded shares of Walmart from a "strong-buy" rating to a "buy" rating in a report on Wednesday, November 20th. Finally, Barclays upped their price objective on shares of Walmart from $98.00 to $108.00 and gave the stock an "overweight" rating in a research note on Friday. Two investment analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $100.53.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas' 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. Johnson (Democratic Party) ran for election to the U.S. House to represent Texas' 32nd Congressional District. She won in the general election on November 5, 2024. Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson's career experience includes working as an attorney.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.