Walmart (NASDAQ:WMT) Shares Down 1.4% – Here’s What Happened

Walmart Inc. (NASDAQ:WMT) dropped 1.4% on Tuesday . The stock traded as low as $117.92 and last traded at $118.57. 28,644,533 shares were traded during trading, an increase of 9% from the average daily volume of 26,275,297 shares. The stock had previously closed at $120.27.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart continues to show strong top-line momentum, with Q1 revenue up about 7% and global e-commerce sales jumping 26%, supported by delivery, marketplace growth, and faster fulfillment. Article Title
• Positive Sentiment: The company’s higher-margin “second P&L” businesses — including advertising, marketplace fees, and membership income — continue to support the long-term growth story even as core retail faces pressure. Article Title
• Positive Sentiment: Walmart is set to join the top 10 of the Russell 3000 Index during the June 2026 reconstitution, which could draw additional institutional attention and passive fund buying. Article Title
• Neutral Sentiment: Walmart introduced a logistics program aimed at simplifying how suppliers move products into its distribution network, a move that could improve efficiency but is not an immediate earnings catalyst. Article Title
• Neutral Sentiment: Analyst commentary remains mixed: UBS and RBC both trimmed price targets after Q1, but kept constructive ratings, suggesting the pullback is tied more to elevated expectations and guidance concerns than to a broken business model. Article Title
• Negative Sentiment: Investors are reacting to Walmart’s cautious earnings outlook and pressure from higher fuel and other operating costs, which are squeezing margins and outweighing the strong revenue trend. Article Title
• Negative Sentiment: Two senior executives are leaving as Walmart reshapes leadership, adding a layer of uncertainty around execution and longer-term priorities. Article Title

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on WMT shares. Evercore reiterated an “outperform” rating on shares of Walmart in a research note on Monday, May 18th. Roth Mkm reaffirmed a “buy” rating and set a $138.00 price objective on shares of Walmart in a report on Friday, February 20th. BNP Paribas Exane reduced their target price on shares of Walmart from $147.00 to $146.00 and set an “outperform” rating for the company in a research note on Friday. Sanford C. Bernstein reissued an “outperform” rating and issued a $145.00 price target on shares of Walmart in a research report on Tuesday, May 12th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $137.00 price target (down from $140.00) on shares of Walmart in a research note on Friday. Two investment analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Walmart currently has an average rating of “Moderate Buy” and an average price target of $138.71.

Walmart Trading Down 1.4%

The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.24 and a current ratio of 0.77. The firm has a market cap of $945.12 billion, a P/E ratio of 41.60, a P/E/G ratio of 4.45 and a beta of 0.65. The firm has a 50 day simple moving average of $126.67 and a 200 day simple moving average of $120.29.

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

Insiders Place Their Bets

In other Walmart news, EVP Christopher James Nicholas sold 2,900 shares of the firm’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $123.92, for a total value of $359,368.00. Following the completion of the transaction, the executive vice president directly owned 577,853 shares of the company’s stock, valued at $71,607,543.76. This trade represents a 0.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $132.21, for a total transaction of $2,566,989.36. Following the transaction, the director owned 4,193,995 shares of the company’s stock, valued at $554,488,078.95. This trade represents a 0.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 126,008 shares of company stock worth $15,896,715. Company insiders own 0.10% of the company’s stock.

Hedge Funds Weigh In On Walmart

A number of institutional investors have recently added to or reduced their stakes in WMT. Fox Run Management L.L.C. purchased a new stake in shares of Walmart during the third quarter valued at approximately $1,709,000. Van ECK Associates Corp increased its stake in shares of 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 buying an additional 28,026 shares during the period. Life Cycle Investment Partners Ltd purchased a new position in shares of Walmart in the fourth quarter worth $40,855,000. Tennessee Valley Asset Management Partners raised its holdings in Walmart by 466.6% during the 3rd quarter. Tennessee Valley Asset Management Partners now owns 13,343 shares of the retailer’s stock valued at $1,375,000 after buying an additional 10,988 shares during the last quarter. Finally, Florida Trust Wealth Management Co boosted its position in Walmart by 7.0% during the 4th quarter. Florida Trust Wealth Management Co now owns 196,648 shares of the retailer’s stock valued at $21,909,000 after buying an additional 12,794 shares during the period. 26.76% of the stock is currently owned by institutional investors.

Walmart Company Profile

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.