Rep. Josh Gottheimer Buys Walmart Inc. (NYSE:WMT) Shares

Representative Josh Gottheimer (D-New Jersey) recently bought shares of Walmart Inc. (NYSE:WMT). In a filing disclosed on April 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Walmart stock on March 17th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 3/24/2025.
• Sold $1,001 – $15,000 in shares of Spotify Technology (NYSE:SPOT) on 3/24/2025.
• Sold $1,001 – $15,000 in shares of Flywire (NASDAQ:FLYW) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Disco (OTCMKTS:DSCSY) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Diageo (NYSE:DEO) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Shopify (NYSE:SHOP) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Tandem Diabetes Care (NASDAQ:TNDM) on 3/19/2025.

Walmart Stock Performance

WMT stock traded up $2.20 on Friday, hitting $92.81. The company’s stock had a trading volume of 25,491,591 shares, compared to its average volume of 17,657,677. 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 cap of $744.03 billion, a price-to-earnings ratio of 38.51, a price-to-earnings-growth ratio of 4.42 and a beta of 0.69. Walmart Inc. has a 1 year low of $58.56 and a 1 year high of $105.30. The firm has a 50 day moving average of $92.43 and a two-hundred day moving average of $89.88.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.02. The company had revenue of $180.55 billion during the quarter, compared to analysts’ expectations of $178.83 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. Equities analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Shareholders of record on Friday, December 12th will be paid a $0.235 dividend. This represents a $0.94 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date of this dividend is Friday, December 12th. Walmart’s dividend payout ratio is currently 39.00%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on WMT shares. Jefferies Financial Group raised their target price on shares of Walmart from $105.00 to $111.00 and gave the stock a “buy” rating in a research note on Tuesday, December 17th. Royal Bank of Canada reduced their price objective on shares of Walmart from $107.00 to $102.00 and set an “outperform” rating for the company in a research report on Thursday. Oppenheimer dropped their target price on Walmart from $110.00 to $95.00 and set an “outperform” rating on the stock in a research report on Monday, April 7th. Robert W. Baird raised their price target on Walmart from $100.00 to $115.00 and gave the company an “outperform” rating in a report on Tuesday, February 18th. Finally, Barclays restated an “overweight” rating on shares of Walmart in a research note on Friday, February 28th. Three research analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $103.58.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in WMT. World Investment Advisors boosted its stake in Walmart by 7.6% in the 4th quarter. World Investment Advisors now owns 271,515 shares of the retailer’s stock worth $24,532,000 after buying an additional 19,233 shares during the last quarter. Candriam S.C.A. boosted its position in shares of Walmart by 209.7% in the fourth quarter. Candriam S.C.A. now owns 885,008 shares of the retailer’s stock worth $79,960,000 after acquiring an additional 599,257 shares during the last quarter. Bank of New Hampshire grew its holdings in Walmart by 13.7% in the fourth quarter. Bank of New Hampshire now owns 47,949 shares of the retailer’s stock valued at $4,332,000 after purchasing an additional 5,786 shares during the period. Modera Wealth Management LLC increased its position in Walmart by 4.8% during the fourth quarter. Modera Wealth Management LLC now owns 203,150 shares of the retailer’s stock worth $18,355,000 after purchasing an additional 9,292 shares during the last quarter. Finally, Iowa State Bank grew its position in Walmart by 213.8% during the fourth quarter. Iowa State Bank now owns 26,807 shares of the retailer’s stock valued at $2,422,000 after acquiring an additional 18,263 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $85.95, for a total value of $343,800.00. Following the completion of the transaction, the executive vice president now directly owns 888,309 shares in the company, valued at approximately $76,350,158.55. This represents a 0.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction dated Thursday, January 23rd. The shares were sold at an average price of $92.62, for a total value of $2,697,464.88. Following the completion of the transaction, the chief executive officer now directly owns 3,766,491 shares of the company’s stock, valued at $348,852,396.42. This represents a 0.77 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 178,852 shares of company stock worth $16,785,080 over the last three months. 45.58% of the stock is owned by insiders.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

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.