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

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):

• Sold $1,001 – $15,000 in shares of Spotify Technology (NYSE:SPOT) on 3/24/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 3/24/2025.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Pacific Premier Bancorp (NASDAQ:PPBI) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Azenta (NASDAQ:AZTA) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Chord Energy (NASDAQ:CHRD) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Endava (NYSE:DAVA) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 3/19/2025.

Walmart Trading Up 2.4 %

NYSE WMT traded up $2.20 on Friday, reaching $92.81. The company had a trading volume of 25,491,591 shares, compared to its average volume of 17,657,677. Walmart Inc. has a 52 week low of $58.56 and a 52 week high of $105.30. The stock’s 50 day moving average is $92.43 and its 200-day moving average is $89.95. The company has a quick ratio of 0.23, a current ratio of 0.82 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 PEG ratio of 4.42 and a beta of 0.69.

Walmart (NYSE:WMT) last announced its quarterly 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. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The company had revenue of $180.55 billion during the quarter, compared to analysts’ expectations of $178.83 billion. Equities analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be paid 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 dividend payout ratio (DPR) is presently 39.00%.

Insider Buying and Selling at Walmart

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $85.63, for a total value of $2,493,888.12. Following the completion of the transaction, the chief executive officer now directly owns 3,972,517 shares in the company, valued at $340,166,630.71. The trade was a 0.73 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $85.95, for a total transaction of $343,800.00. Following the sale, the executive vice president now owns 888,309 shares in the company, valued at approximately $76,350,158.55. This represents a 0.45 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 178,852 shares of company stock valued at $16,785,080. 45.58% of the stock is owned by insiders.

Institutional Trading of Walmart

A number of institutional investors and hedge funds have recently added to or reduced their stakes in WMT. FPC Investment Advisory Inc. acquired a new position in Walmart in the 4th quarter worth approximately $25,000. Horizon Financial Services LLC increased its stake in shares of Walmart by 1,007.7% in the fourth quarter. Horizon Financial Services LLC now owns 288 shares of the retailer’s stock worth $26,000 after acquiring an additional 262 shares during the period. Fiduciary Advisors Inc. purchased a new position in shares of Walmart during the fourth quarter worth $27,000. Decker Retirement Planning Inc. acquired a new position in Walmart during the fourth quarter valued at $32,000. Finally, Noble Wealth Management PBC purchased a new stake in Walmart in the fourth quarter valued at $37,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on WMT. KeyCorp lifted their price target on shares of Walmart from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Friday, February 21st. Truist Financial boosted their target price on Walmart from $98.00 to $111.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th. Wells Fargo & Company raised 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. Roth Mkm reiterated a “buy” rating and issued a $108.00 price objective (up from $97.00) on shares of Walmart in a research report on Friday, February 21st. Finally, DZ Bank upgraded shares of Walmart from a “hold” rating to a “buy” rating and set a $110.00 target price on the stock in a report on Tuesday, February 25th. Three equities research analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Walmart currently has an average rating of “Moderate Buy” and an average price target of $103.58.

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.

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.