Walmart (NYSE:WMT) Shares Acquired Rep. Debbie Dingell

Representative Debbie Dingell (D-Michigan) recently bought shares of Walmart Inc. (NYSE:WMT). In a filing disclosed on April 02nd, the Representative disclosed that they had bought between $15,001 and $50,000 in Walmart stock on March 27th. The trade occurred in the Representative’s “MORGAN STANLEY SMITH BARNEY LLC BROKERAGE ACCOUNT” account.

Representative Debbie Dingell also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Walt Disney (NYSE:DIS) on 1/15/2025.

Walmart Trading Down 4.8 %

NYSE:WMT opened at $83.09 on Friday. Walmart Inc. has a 12 month low of $58.56 and a 12 month high of $105.30. The company has a current ratio of 0.82, a quick ratio of 0.23 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $666.12 billion, a price-to-earnings ratio of 34.48, a PEG ratio of 4.42 and a beta of 0.69. The firm has a fifty day simple moving average of $94.01 and a two-hundred day simple moving average of $89.52.

Walmart (NYSE:WMT) last issued its earnings results on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.02. The business had revenue of $180.55 billion during the quarter, compared to analyst estimates of $178.83 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. Analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be given a dividend of $0.235 per share. The ex-dividend date is Friday, December 12th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 1.13%. Walmart’s payout ratio is presently 39.00%.

Insider Activity at Walmart

In other news, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $92.96, for a total transaction of $1,220,100.00. Following the sale, the executive vice president now directly owns 568,626 shares in the company, valued at $52,859,472.96. This represents a 2.26 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Daniel J. Bartlett sold 1,830 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total transaction of $166,658.10. Following the completion of the transaction, the executive vice president now owns 460,705 shares of the company’s stock, valued at $41,956,404.35. This trade represents a 0.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 178,852 shares of company stock worth $16,785,080. Corporate insiders own 45.58% of the company’s stock.

Institutional Trading of Walmart

Large investors have recently bought and sold shares of the company. FPC Investment Advisory Inc. purchased a new stake in Walmart in the 4th quarter worth about $25,000. Horizon Financial Services LLC boosted its position in Walmart by 1,007.7% during the fourth quarter. Horizon Financial Services LLC now owns 288 shares of the retailer’s stock worth $26,000 after purchasing an additional 262 shares during the period. Fiduciary Advisors Inc. bought a new stake in shares of Walmart in the fourth quarter valued at approximately $27,000. Decker Retirement Planning Inc. purchased a new stake in shares of Walmart during the 4th quarter valued at approximately $32,000. Finally, Noble Wealth Management PBC bought a new position in Walmart in the 4th quarter worth approximately $37,000. 26.76% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on WMT shares. Barclays reaffirmed an “overweight” rating on shares of Walmart in a research report on Friday, February 28th. The Goldman Sachs Group reiterated a “buy” rating on shares of Walmart in a report on Wednesday, March 26th. Tigress Financial upped their target price on shares of Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, December 13th. Stifel Nicolaus cut their price target on Walmart from $99.00 to $93.00 and set a “hold” rating for the company in a research note on Thursday, March 20th. Finally, Wells Fargo & Company increased their price objective on Walmart from $100.00 to $108.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. Two investment analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $103.17.

About Representative Dingell

Debbie Dingell (Democratic Party) is a member of the U.S. House, representing Michigan’s 6th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

Dingell (Democratic Party) ran for re-election to the U.S. House to represent Michigan’s 6th Congressional District. She won in the general election on November 5, 2024.

Dingell was born in Detroit, Michigan, and attended high school at the Convent of the Sacred Heart. Dingell went on to attend Georgetown University, where she earned a bachelor’s degree in foreign service in 1975 and a master’s degree in liberal studies in 1996.

Dingell worked for General Motors Corporation (GM) for over 30 years, serving as president of the GM Foundation and as a senior executive handing public affairs. She also served as chairwoman of the Manufacturing Initiative at the American Automotive Policy Council.

Her first elected position was to Wayne State University’s Board of Governors, when Dingell was elected to serve an eight-year term in 2006. She was also appointed to positions with the Early Childhood Investment Corporation and the Cherry Commission on Higher Education and Economic Growth by former Governor Jennifer Granholm.

About Walmart

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.