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

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 11th. 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 Trading Up 2.4 %

Shares of NYSE:WMT traded up $2.20 during trading on Friday, reaching $92.81. 25,491,591 shares of the stock were exchanged, compared to its average volume of 17,657,677. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. Walmart Inc. has a 12-month low of $58.56 and a 12-month high of $105.30. The firm’s 50-day moving average price is $92.43 and its 200 day moving average price is $89.88. The firm 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 (NYSE:WMT) last posted its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.02. Walmart had a net margin of 2.85% and a return on equity of 21.87%. The company had revenue of $180.55 billion for the quarter, compared to analyst estimates of $178.83 billion. On average, sell-side analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Announces Dividend

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

Insiders Place Their Bets

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction on 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 approximately $348,852,396.42. This represents a 0.77 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Daniel J. Bartlett sold 1,600 shares of Walmart stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $103.99, for a total value of $166,384.00. Following the completion of the sale, the executive vice president now directly owns 423,597 shares in the company, valued at $44,049,852.03. This represents a 0.38 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 178,852 shares of company stock worth $16,785,080. Corporate insiders own 45.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. KeyCorp increased their target price on shares of Walmart from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Friday, February 21st. Wells Fargo & Company boosted their price target on Walmart from $100.00 to $108.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. Citigroup reaffirmed a “positive” rating on shares of Walmart in a research note on Thursday, February 20th. Stifel Nicolaus lowered their target price on Walmart from $93.00 to $91.00 and set a “hold” rating on the stock in a report on Wednesday. Finally, Erste Group Bank lowered Walmart from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 17th. 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 stock. According to data from MarketBeat.com, Walmart currently has an average rating of “Moderate Buy” and a consensus price target of $103.58.

Institutional Investors Weigh In On Walmart

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. FPC Investment Advisory Inc. acquired a new position in Walmart during the fourth quarter valued at approximately $25,000. Horizon Financial Services LLC boosted its position in shares of 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 in the last quarter. Fiduciary Advisors Inc. acquired a new position in shares of Walmart in the 4th quarter valued at $27,000. Decker Retirement Planning Inc. bought a new stake in shares of Walmart in the 4th quarter valued at $32,000. Finally, Noble Wealth Management PBC acquired a new stake in Walmart during the 4th quarter worth $37,000. Institutional investors own 26.76% of the company’s stock.

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.