Walmart Stock Today (Nov. 22, 2025): Price, New Africa Store, CEO Shift and Fresh Dividend News

New York — November 22, 2025

Walmart (NYSE: WMT) heads into the weekend riding a powerful week of news: a big earnings beat, a pending move from the NYSE to Nasdaq, a CEO transition, a fresh dividend article, and even its first-ever store in Africa. All of this is feeding directly into the story of Walmart’s stock today.

Walmart stock price snapshot for November 22, 2025

Because U.S. markets are closed on Saturday, the latest actionable data for “today” comes from Friday’s close (November 21, 2025):

Last close:$105.32 per share
Daily move (Friday):–1.79 (-1.67%)
Day’s range:$104.72 – $108.15
Previous day’s close (Thursday):$107.11, when the stock surged after earnings ^[1]
Volume (Friday): about 41.4 million shares ^[2]
52‑week range:$79.81 – $109.58 ^[3]
1‑year change: roughly +16–17% ^[4]

Smartkarma’s market-movers note pegs the year‑to‑date gain at +16.66%, underlining that Friday’s pullback is more of a pause after a strong run than a trend reversal. ^[5]

MarketBeat’s institutional snapshot shows Walmart opening at $105.29 on Friday with: ^[6]

Market cap: about $839 billion
P/E ratio:~39.6
PEG ratio:~4.8
Beta:0.67 (historically less volatile than the market)
50‑day moving average:$103.52
200‑day moving average:$99.89

In short, Walmart is trading near the upper end of its 12‑month range after a big post‑earnings jump, with valuation that reflects its status as a dominant, relatively defensive growth retailer.

The big backdrop: earnings beat, raised guidance and a move to Nasdaq

Most of the momentum behind Walmart stock this week stems from its fiscal Q3 2026 earnings (reported November 20) and a simultaneous exchange switch announcement.

Earnings: revenue growth, e‑commerce surge, and stronger guidance

According to Walmart’s official Q3 release and subsequent coverage:

Total revenue:$179.5 billion, up 5.8% year over year ^[7]
Adjusted EPS:$0.62, beating the $0.60 Wall Street consensus ^[8]
Walmart U.S. comparable sales: up 4.5%
Sam’s Club U.S. comparable sales: up 3.8% ^[9]
Global e‑commerce sales: up about 27%
Global advertising business: up about 53% ^[10]

Walmart also raised its full‑year FY26 outlook, now expecting:

Net sales growth: roughly 4.8%–5.1%
FY26 EPS guidance:$2.58–$2.63 vs. analyst expectations around $2.55 ^[11]

That combination of top‑line growth, margin resilience and higher guidance triggered a ~6.5% one‑day jump in the stock on Thursday, making Walmart one of the standout gainers in the major indices. ^[12]

Listing switch: leaving NYSE for Nasdaq

At the same time, Walmart said it will shift its primary listing from the New York Stock Exchange to the Nasdaq Global Select Market, while keeping its “WMT” ticker. ^[13]

Reuters notes this is the largest exchange transfer on record, and analysts point out a few implications: ^[14]

Symbolic alignment with the tech‑heavy Nasdaq, reflecting Walmart’s push into e‑commerce, advertising, data and AI.
Potential index‑related flows, as passive funds tracking Nasdaq‑focused benchmarks may eventually adjust their holdings.
More evidence that management sees Walmart less as a traditional brick‑and‑mortar chain and more as a “tech‑powered omnichannel retailer,” a phrase the company uses in its own corporate materials. ^[15]

These structural shifts set the stage for the stock’s behavior today: rich but supported valuation, strong underlying growth, and a flurry of fresh headlines on November 22.

All the fresh Walmart stock news dated November 22, 2025

1. Dividend update: $0.235 per share, yield around 0.9%

Equity research site Simply Wall St published a new piece today highlighting Walmart’s upcoming dividend: ^[16]

Dividend amount:$0.235 per share
Payment date:January 5, 2026
Indicated yield: around 0.9% at current prices

The article emphasizes that:

Walmart’s dividend remains well covered by earnings and cash flow.
The company has a long record of stable, gradually rising payouts — annual dividends have grown from about $0.653 in 2015 to $0.94 recently, a compound annual growth rate of roughly 3.7%. ^[17]

For stock watchers, the key takeaway is not the size of the yield (which is modest) but the signal of confidence: management continues to support a slow‑but‑steady dividend while reinvesting heavily in growth.

2. Big institutional buyers step up their Walmart positions

Several new 13F‑style filings summarized by MarketBeat today show institutional investors adding to Walmart:

Evelyn Partners Investment Management LLP
- Increased its Walmart stake by 1,022%, buying 172,452 shares in Q2.
- Now holds 189,321 shares worth about $19.26 million, making Walmart roughly 0.9% of its portfolio (its 26th‑largest position). ^[18]
Mufg Securities Americas Inc.
- Lifted its stake by 24.7% to 95,754 shares, valued around $9.36 million.
- Walmart now accounts for about 0.8% of MUFG’s holdings and is its 18th‑largest position. ^[19]
Stevens Capital Management LP
- Disclosed a new stake of 32,046 shares, valued near $3.1 million in Q2. ^[20]

Across these notes, MarketBeat estimates that roughly 26.8% of Walmart’s shares are held by hedge funds and other institutional investors, underlining the company’s status as a core large‑cap holding in many professional portfolios. ^[21]

At the same time, the filings flag insider selling of about 137,888 shares (roughly $14.2 million) over the last three months by senior executives including CEO Doug McMillon and EVP John Rainey — a reminder that even as institutions are adding, insiders have been trimming after the stock’s run‑up. ^[22]

3. CEO Doug McMillon’s retirement and the John Furner handover

A widely syndicated AP story, carried today by outlets such as the Post‑Journal, recaps Walmart’s leadership change: ^[23]

Longtime CEO Doug McMillon, who took the top job in 2014 and helped transform Walmart into a digital‑first retailer, plans to retire in early 2026.
John Furner, currently CEO of Walmart U.S. and a company veteran since 1993, will become President and CEO of Walmart Inc. on February 1, 2026. McMillon will retire January 31 and stay on the board as an adviser through January 2027, according to Walmart’s own press release. ^[24]

The AP piece highlights how, under McMillon: ^[25]

Annual revenue climbed roughly 40%, from about $486 billion to $681 billion.
Walmart’s share price rose from roughly $25 to over $100.
The company invested heavily in wages, training, and e‑commerce, while also reshaping its public image and stance on issues like firearms sales.

Today’s Motley Fool commentary, echoed via sharewise, frames the CEO transition itself as one of three reasons to buy Walmart stock, arguing that: ^[26]

The handover from one internal veteran to another suggests continuity of strategy.
Investors don’t expect radical shifts in Walmart’s core model, which relies on scale, low prices, and tech‑driven logistics.

From a stock‑market perspective, the leadership news introduces succession risk, but the market reaction so far has been relatively mild and short‑lived — a brief pre‑market drop followed by stabilization, as investors digested both the CEO change and the strong Q3 results. ^[27]

4. First Walmart store in Africa: long‑term international growth signal

In a separate headline today, Reuters reports that Walmart has opened its first branded store on the African continent, in Roodepoort, west of Johannesburg, South Africa. ^[28]

Key details from the report:

Shoppers lined up for Black Friday‑weekend deals and to access U.S. products that are hard to find locally, from designer countertop air fryers to American soft drinks.
The store will offer 60‑minute online delivery, putting Walmart into direct competition with Shoprite’s Checkers Sixty60 on‑demand service.
Walmart says the location has created about 80 new jobs and is working with 15 local small‑ and medium‑size enterprises. ^[29]

For a company of Walmart’s size, one store doesn’t move near‑term earnings, but it signals a strategic expansion path in a new region and extends the omnichannel playbook (stores + fast delivery + local partners) into another emerging market.

5. Smartkarma: price dip framed as consolidation in a strong year

Smartkarma’s newly published “Market Movers” note on Walmart today puts Friday’s price action into context: ^[30]

It reiterates the closing price of $105.32, a 1.67% intraday drop on volume of 41.3 million shares.
It highlights a +16.66% YTD gain despite the pullback.
The piece emphasizes that Walmart’s recent results show solid growth and momentum, supported by strong U.S. same‑store sales and a robust e‑commerce trajectory.

Smartkarma’s internal “Smart Scores” give Walmart:

Growth score: 4/5
Momentum score: 4/5
Resilience: 3/5
Value and dividend: 2/5 each, reflecting a rich valuation and relatively modest yield. ^[31]

The upshot: in their framework, Walmart is not a bargain stock, but it does screen well on growth and momentum factors.

6. Retail investor buzz: Walmart trending alongside AI giants

Benzinga’s “5 Stocks That Dominated Investor Buzz This Week” lists Walmart alongside Nvidia and Alphabet as one of the most discussed names on X and Reddit’s r/WallStreetBets during the week of November 17–21. ^[32]

For Walmart, the article underscores:

The Q3 earnings beat and 27% global e‑commerce growth, plus a 53% jump in advertising revenue.
The raised FY26 net sales outlook to 4.8–5.1% growth.
The December 9 listing transfer from NYSE to Nasdaq.

It also notes that Walmart’s stock has traded in the $106–$108 range recently, within a 52‑week span of $79.81 to $109.58, and is up sharply over the last year, reinforcing the narrative that the retailer is outperforming peers in a tough consumer backdrop. ^[33]

7. Black Friday and holiday angles: discounting and demand

Consumer‑focused coverage today also touches Walmart’s holiday strategy:

GoBankingRates highlights Walmart’s Black Friday deals aimed at middle‑class shoppers, pointing to steep discounts on big‑ticket items like TVs, appliances and small electronics. ^[34]
Walmart’s own corporate site has spent the last weeks promoting extended Black Friday and Cyber Monday events, plus faster delivery and a marketing tie‑in with Dr. Seuss’ Grinch character, all meant to capture cost‑conscious shoppers seeking value. ^[35]

Layered on top of Q3 commentary from management and outside analysts, the story is clear:

Higher‑income households are trading down into Walmart.
Lower‑income shoppers are still under pressure, but Walmart is gaining share as it leans into price leadership and omnichannel convenience. ^[36]

For investors, the holiday period will be a key test of whether the company can maintain its strong sales growth without sacrificing too much margin through aggressive discounting.

Analyst view: “Moderate Buy” with double‑digit upside target

Across today’s MarketBeat summaries, the sell‑side analyst picture is notably bullish: ^[37]

Around 31 analysts rate Walmart “Buy” and just one rates it “Hold.”
The average 12‑month price target sits around $118.55 per share.
Several firms — including JPMorgan, Bank of America, KeyCorp, BTIG, Piper Sandler, Sanford C. Bernstein and Truist — have raised their targets into the $120–$130 range following the Q3 report.

With the stock at roughly $105–$106, that consensus implies low‑double‑digit upside if Wall Street’s forecasts prove accurate. ^[38]

At the same time, the high‑30s P/E and elevated PEG ratio mean the market is already paying up for Walmart’s defensive growth profile. The analyst view is optimistic, but not without acknowledging that the stock is far from “deep value.”

What today’s news means for Walmart stock

Putting all of the November 22 headlines together, here’s the picture for Walmart stock right now:

Fundamentals look strong. Q3 results show solid revenue growth, rising e‑commerce and advertising, and healthy U.S. comps — enough for management to lift guidance heading into the vital holiday quarter. ^[39]
Strategic direction is tech‑heavy and global. The move to Nasdaq, expansion of AI‑enabled logistics, and today’s first African store under the Walmart banner all point toward a retailer leaning into technology and international growth, not just domestic brick‑and‑mortar. ^[40]
Leadership risk is real but contained. The CEO transition from Doug McMillon to John Furner is big news, yet framed as a hand‑off between two long‑tenured insiders rather than a pivot to a new strategy. Markets initially wobbled but appear reassured by the continuity message. ^[41]
Ownership and ratings are supportive. Large institutional investors are adding to positions, and analysts largely rate Walmart a buy with price targets above current levels, even as insiders have taken some profits. ^[42]
Valuation is the main debate. With the stock near the top of its 52‑week range, a near‑40x P/E and a sub‑1% dividend yield, the central question for investors is whether Walmart’s growth in e‑commerce, advertising, automation and international expansion justifies that premium. ^[43]
Short‑term price action looks like digestion. After a 6.46% surge on Thursday, Friday’s 1.67% decline to $105.32 looks more like normal consolidation than a fundamental reversal, especially given the still‑strong YTD performance. ^[44]

Key themes to watch from here

Looking beyond today, traders and longer‑term investors alike will be watching:

Holiday sales and margins: Do Black Friday and Christmas demand validate Walmart’s raised outlook, and can the company balance aggressive discounting with margin protection? ^[45]
Execution on automation and AI: Walmart’s push to automate distribution centers, use AI in merchandising, and speed up last‑mile delivery is central to justifying its tech‑style multiple. ^[46]
CEO transition milestones: Any new strategic commentary from John Furner in the coming quarters, especially once he officially takes the helm on February 1, 2026. ^[47]
International growth, including Africa: Whether the South African store is a one‑off experiment or the start of a broader African rollout. ^[48]

For now, Walmart enters November 22, 2025 as a highly valued but strongly positioned retail leader, with fresh news on dividends, institutional buying, global expansion and leadership — all against the backdrop of a crucial holiday season.

This article is for informational purposes only and does not constitute financial advice, investment recommendation or an offer to buy or sell any securities. Always do your own research or consult a licensed financial adviser before making investment decisions.

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