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 February 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Walmart stock on January 22nd. 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 Microsoft (NASDAQ:MSFT) on 1/31/2025.
• Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 1/31/2025.
• Sold $1,001 – $15,000 in shares of ICF International (NASDAQ:ICFI) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Mastercard (NYSE:MA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 1/30/2025.

Walmart Stock Up 1.3 %

Shares of WMT traded up $1.31 during trading hours on Wednesday, reaching $103.78. 5,230,776 shares of the stock traded hands, compared to its average volume of 14,677,174. Walmart Inc. has a 52 week low of $55.85 and a 52 week high of $103.86. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The stock has a fifty day simple moving average of $94.45 and a 200 day simple moving average of $84.82. The company has a market cap of $833.73 billion, a price-to-earnings ratio of 42.54, a PEG ratio of 4.25 and a beta of 0.55.

Walmart (NYSE:WMT) last released its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.05. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The company had revenue of $169.59 billion during the quarter, compared to analyst estimates of $167.69 billion. During the same period in the prior year, the company posted $0.51 earnings per share. Walmart’s quarterly revenue was up 5.5% on a year-over-year basis. On average, equities analysts forecast that Walmart Inc. will post 2.48 EPS for the current year.

Institutional Investors Weigh In On Walmart

Institutional investors and hedge funds have recently made changes to their positions in the company. Brophy Wealth Management LLC bought a new stake in shares of Walmart in the third quarter worth approximately $2,072,000. Bank of New Hampshire grew its position in Walmart by 13.7% in the 4th quarter. Bank of New Hampshire now owns 47,949 shares of the retailer’s stock worth $4,332,000 after purchasing an additional 5,786 shares during the period. Iowa State Bank raised its stake in Walmart by 213.8% during the 4th quarter. Iowa State Bank now owns 26,807 shares of the retailer’s stock valued at $2,422,000 after buying an additional 18,263 shares during the last quarter. Fisher Asset Management LLC lifted its holdings in shares of Walmart by 4.6% during the 3rd quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer’s stock valued at $3,848,533,000 after buying an additional 2,107,197 shares during the period. Finally, Virtu Financial LLC purchased a new position in shares of Walmart in the 3rd quarter worth $541,000. Institutional investors own 26.76% of the company’s stock.

Insider Activity

In other news, Director Robert Edward Jr. Moritz bought 5,446 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The stock was bought at an average price of $91.81 per share, with a total value of $499,997.26. Following the acquisition, the director now owns 7,805 shares of the company’s stock, valued at approximately $716,577.05. This represents a 230.86 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $91.44, for a total value of $2,663,098.56. Following the completion of the transaction, the chief executive officer now owns 3,814,805 shares of the company’s stock, valued at $348,825,769.20. The trade was a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 175,177 shares of company stock valued at $16,403,728 in the last quarter. 45.58% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Citigroup raised their price objective on shares of Walmart from $98.00 to $120.00 and gave the stock a “buy” rating in a report on Tuesday. Piper Sandler upped their price objective on Walmart from $83.00 to $93.00 and gave the company an “overweight” rating in a research note on Monday, November 18th. UBS Group increased their price objective on Walmart from $100.00 to $113.00 and gave the company a “buy” rating in a report on Friday, January 31st. JPMorgan Chase & Co. boosted their target price on Walmart from $97.00 to $112.00 and gave the company an “overweight” rating in a research note on Monday. Finally, Telsey Advisory Group lifted their price objective on Walmart from $105.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday. Two equities research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Walmart presently has an average rating of “Moderate Buy” and a consensus target price of $98.56.

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.