Walmart (NASDAQ:WMT) Shares Down 1.1% – Time to Sell?

Walmart Inc. (NASDAQ:WMT) shares dropped 1.1% during trading on Monday . The stock traded as low as $109.37 and last traded at $110.65. Approximately 28,824,373 shares changed hands during mid-day trading, an increase of 10% from the average session volume of 26,169,816 shares. The stock had previously closed at $111.84.

Walmart News Roundup

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart’s broad price cuts on food and seasonal items are being viewed as a traffic-driving move that could help it win more grocery share and support sales momentum. Walmart stock gains after price cuts as analysts back grocery strategy
• Positive Sentiment: Commentary from Jim Cramer calling the recent selloff an “incredible buying opportunity” is adding to the bullish tone around the stock. Jim Cramer calls Walmart selloff an ‘incredible buying opportunity,’ says fears ‘have gone out the window’
• Positive Sentiment: Several pieces frame Walmart as a high-quality blue-chip retailer with resilient revenue trends, which can attract investors seeking safety in volatile markets. 3 Blue-Chip Retail Stocks to Trust as Volatility Favors Quality
• Neutral Sentiment: Comparisons of Walmart and Target’s revenue consistency and scale reinforce Walmart’s strong operating model, but do not appear to add a new catalyst by themselves. Walmart and Target: Comparing Revenue Consistency and Scale
• Neutral Sentiment: Ongoing political attention around price cuts, including praise from President Trump, is boosting visibility for the stock, though it is not clear that it changes fundamentals on its own. President Trump says Walmart will lower prices by ‘a lot’ — but the retail beast has already been slashing prices
• Negative Sentiment: Legal headlines are a modest overhang: Walmart settled a Texas driver-pay case and now faces a new California AI-related class action, which could add reputational and legal costs. Walmart (WMT) Pays $13 Million To Settle Driver Pay Case As New AI Suit Lands
• Negative Sentiment: Some recent commentary notes that the stock has pulled back from its highs, reflecting lingering concern about whether aggressive discounting can keep supporting margin performance. It’s Grocery Wars. Walmart Cuts Food Prices, but Shoppers Are Fed Up.

Wall Street Analysts Forecast Growth

WMT has been the topic of several recent research reports. BNP Paribas Exane dropped their price target on Walmart from $147.00 to $146.00 and set an “outperform” rating on the stock in a research note on Friday, May 22nd. Sanford C. Bernstein reiterated an “outperform” rating on shares of Walmart in a report on Monday, June 8th. Morgan Stanley boosted their target price on Walmart from $135.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, April 22nd. Tigress Financial reiterated a “buy” rating and issued a $155.00 price objective (up from $150.00) on shares of Walmart in a report on Friday, May 29th. Finally, TD Cowen reiterated a “buy” rating and issued a $150.00 price target (up from $145.00) on shares of Walmart in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $138.85.

Walmart Price Performance

The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $900.06 billion, a price-to-earnings ratio of 39.68, a P/E/G ratio of 4.12 and a beta of 0.60. The company’s 50 day moving average is $121.36 and its 200-day moving average is $122.05.

Walmart (NASDAQ:WMT) last released its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.66. The firm had revenue of $177.75 billion for the quarter, compared to analyst estimates of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.61 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Equities research analysts anticipate that Walmart Inc. will post 2.89 earnings per share for the current year.

Insider Activity

In related news, EVP Latriece Watkins sold 11,000 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $118.97, for a total value of $1,308,670.00. Following the transaction, the executive vice president owned 120,203 shares in the company, valued at approximately $14,300,550.91. This represents a 8.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO John R. Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $124.84, for a total transaction of $1,638,525.00. Following the sale, the chief executive officer owned 674,162 shares of the company’s stock, valued at $84,162,384.08. This trade represents a 1.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 104,505 shares of company stock valued at $12,858,514. 0.09% of the stock is owned by company insiders.

Institutional Trading of Walmart

Several hedge funds have recently added to or reduced their stakes in the company. Union Bancaire Privee UBP SA raised its stake in shares of Walmart by 253.3% during the 1st quarter. Union Bancaire Privee UBP SA now owns 384,034 shares of the retailer’s stock worth $47,728,000 after purchasing an additional 275,337 shares during the period. Janney Montgomery Scott LLC increased its holdings in Walmart by 2.9% during the first quarter. Janney Montgomery Scott LLC now owns 2,416,580 shares of the retailer’s stock worth $300,333,000 after buying an additional 68,632 shares during the last quarter. Vise Technologies Inc. raised its position in Walmart by 42.1% in the fourth quarter. Vise Technologies Inc. now owns 275,341 shares of the retailer’s stock worth $30,676,000 after acquiring an additional 81,635 shares during the period. Van ECK Associates Corp raised its position in Walmart by 2.9% in the third quarter. Van ECK Associates Corp now owns 1,010,886 shares of the retailer’s stock worth $104,182,000 after acquiring an additional 28,026 shares during the period. Finally, Life Cycle Investment Partners Ltd purchased a new position in Walmart in the fourth quarter valued at about $40,855,000. 26.76% of the stock is owned by institutional investors and hedge funds.

About Walmart

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.