How many times has Walmart stock split?
Walmart stock (symbol: WMT) underwent a total of 10 stock splits. The most recent stock split occured on February 26th, 2024. One WMT share bought prior to August 25th, 1975 would equal to 1536 WMT shares today.
| Stock Splits | Split Ratio | Shares |
|---|---|---|
| June 1990 | 2:1 | 51,200 |
| Feb. 1993 | 2:1 | 102,400 |
| March 1999 | 2:1 | 204,800 |
| Feb. 2024 | 3:1 | 614,400 |
If the spike in demand causes the share price to appreciate, the total market capitalization will often rise after the stock splits. So, what stock has split the most in history? The best known stock that has split the most is Apple.
Chipotle Mexican Grill. "CHIPOTLE BOARD OF DIRECTORS APPROVES 50-FOR-1 STOCK SPLIT."
We have revised Walmart's Valuation to $54 per share (from a previous (pre-split) $163), based on a $2.32 expected EPS and a 23.4x P/E multiple for the fiscal year 2025 - almost 9% lower than the current market price. We also forecast Walmart's Revenues to be $673.7 billion for the fiscal year 2025, up 4% y-o-y.
Investing $1,000 In Walmart IPO: Walmart offered shares for $16.50 on Oct. 1, 1970 for its IPO. A $1,000 investment could have purchased 60.61 shares of Walmart stock.
The Walton family owns about 45% of Walmart's outstanding shares through the trust and their main investment vehicle, Walton Enterprises, data compiled by Bloomberg show. Alice, Jim and Rob Walton have a combined fortune of $274 billion, according to the Bloomberg Billionaires Index.
Making it easier for investors to buy shares at a lower share price also helps companies broaden their base of ownership. From time to time, stock splits are followed by a bump in stock performance—but not always.
The split may elicit additional interest in the company's stock, but fundamentally investors are no better or worse off than before, since the market value of their holdings stays the same.
Our common stock has split 11 times since its listing in 1919. The history of stock splits by record date is as follows: View stock split summary here.
What stock will boom in 2024?
| Stock | Expected Change in Stock Price* |
|---|---|
| Tesla Inc. (TSLA) | 61% |
| Mastercard Inc. (MA) | 14.2% |
| Salesforce Inc. (CRM) | 7.2% |
| Advanced Micro Devices Inc. (AMD) | 11.3% |
Fast food chain Chipotle Mexican Grill (NYSE: CMG) recently announced one of the largest stock splits in the New York Stock Exchange's history. The company's shares will be sliced up 50-to-1, resetting the stock's share price to roughly $57 per share.
For now at least, analysts are anticipating S&P 500 earnings growth will continue to accelerate in the first half of 2024. Analysts project S&P 500 earnings will grow 3.9% year-over-year in the first quarter and another 9% in the second quarter.
Is WMT a Buy, Sell or Hold? Walmart has a conensus rating of Strong Buy which is based on 25 buy ratings, 3 hold ratings and 0 sell ratings.
In 2030, the Walmart stock will reach $ 97.38 if it maintains its current 10-year average growth rate. If this Walmart stock prediction for 2030 materializes, WMT stock will grow 60.78% from its current price.
Back in January, Walmart announced it would split its stock at a 3-to-1 ratio on February 26, 2024, which is today. The split creates three times as many Walmart shares and thus dilutes each share's price by a factor of three based on WMT's closing stock price on February 23. That price was $175.56.
This chart illustrates the disconcerting fact that if you invested $1,000 in Walmart stock 20 years ago, today it would be worth only about $4,400. The same thousand bucks invested in an S&P 500 ETF would be worth somewhere in the neighborhood of $6,500 today.
If you had invested $1,000 into Walmart five years ago, your investment would be worth around $1,761 as of Nov. 15, according to CNBC's calculations. And if you had invested $1,000 into Walmart a decade ago, your investment would have more than doubled in value and be worth about $2,443 as of Nov.
Jim Walton, Alice Walton, and Rob Walton are the top three individual shareholders of Walmart. Walmart's largest institutional investors include the John T. Walton Estate Trust, Vanguard Group, and BlackRock.
How much of Walmart does China own?
China does not own Walmart, it's an American multinational retail corporation.
Together with other relatives, they own more than 1.25 billion shares, or more than 45% of the company — a stake valued at roughly $220 billion. The Waltons as a whole were worth an estimated $267 billion in mid-January, a Forbes ranking of America's richest families found.
Does it matter to buy before or after a stock split? If you buy a stock before it splits, you'll pay more per share than what it'll cost after it splits. If you're looking to buy into a stock at a cheaper price, you may want to wait until after the stock split.
Disadvantages of a Stock Split
A company cannot rely on a stock split to increase its value or market cap. A stock split divides the existing shares, thus keeping the market cap the same as before. Not to forget, a company must invest some amount to conduct a stock split.
Splits are often a bullish sign since valuations get so high that the stock may be out of reach for smaller investors trying to stay diversified. Investors who own a stock that splits may not make a lot of money immediately, but they shouldn't sell the stock since the split is likely a positive sign.
