Rep. Julie Johnson Sells Walgreens Boots Alliance, Inc. (NASDAQ:WBA) Shares

Posted by Lorenzo Tanos on Mar 14th, 2025

Representative Julie Johnson (D-Texas) recently sold shares of Walgreens Boots Alliance, Inc. (NASDAQ:WBA). In a filing disclosed on March 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Walgreens Boots Alliance stock on February 12th. The trade occurred in the Representative’s “MERRILL LYNCH TAX EFFICIENT CORE” account.

Representative Julie Johnson also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Norfolk Southern (NYSE:NSC) on 2/25/2025.
Purchased $1,001 – $15,000 in shares of Union Pacific (NYSE:UNP) on 2/25/2025.
Purchased $1,001 – $15,000 in shares of Bank of New York Mellon (NYSE:BK) on 2/24/2025.
Sold $1,001 – $15,000 in shares of BlackRock (NYSE:BLK) on 2/24/2025.
Sold $1,001 – $15,000 in shares of The PNC Financial Services Group (NYSE:PNC) on 2/24/2025.
Purchased $1,001 – $15,000 in shares of Progressive (NYSE:PGR) on 2/24/2025.
Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 2/24/2025.
Purchased $1,001 – $15,000 in shares of Capital One Financial (NYSE:COF) on 2/24/2025.
Purchased $1,001 – $15,000 in shares of Capital One Financial (NYSE:COF) on 2/14/2025.
Purchased $1,001 – $15,000 in shares of Progressive (NYSE:PGR) on 2/14/2025.

Walgreens Boots Alliance Trading Up 0.5 %

Shares of Walgreens Boots Alliance stock opened at $11.26 on Friday. Walgreens Boots Alliance, Inc. has a 1-year low of $8.08 and a 1-year high of $22.05. The company’s fifty day simple moving average is $10.79 and its 200-day simple moving average is $9.75. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.64 and a quick ratio of 0.30. The stock has a market capitalization of $9.73 billion, a PE ratio of -1.10, a P/E/G ratio of 1.31 and a beta of 0.62.

Walgreens Boots Alliance (NASDAQ:WBA – Get Free Report) last released its earnings results on Friday, January 10th. The pharmacy operator reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.13. The company had revenue of $39.50 billion for the quarter, compared to analysts’ expectations of $37.40 billion. Walgreens Boots Alliance had a negative net margin of 5.87% and a positive return on equity of 17.61%. The firm’s revenue was up 7.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.66 EPS. As a group, equities analysts anticipate that Walgreens Boots Alliance, Inc. will post 1.6 earnings per share for the current year.

Institutional Investors Weigh In On Walgreens Boots Alliance

Several hedge funds and other institutional investors have recently made changes to their positions in WBA. Charles Schwab Investment Management Inc. raised its position in Walgreens Boots Alliance by 43.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 10,969,188 shares of the pharmacy operator’s stock worth $98,284,000 after purchasing an additional 3,329,857 shares during the period. Altrius Capital Management Inc raised its holdings in shares of Walgreens Boots Alliance by 76.6% in the third quarter. Altrius Capital Management Inc now owns 440,483 shares of the pharmacy operator’s stock worth $3,947,000 after buying an additional 190,996 shares during the period. Swedbank AB lifted its stake in shares of Walgreens Boots Alliance by 45.3% during the 4th quarter. Swedbank AB now owns 595,828 shares of the pharmacy operator’s stock worth $5,559,000 after acquiring an additional 185,762 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Walgreens Boots Alliance by 23.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 340,431 shares of the pharmacy operator’s stock worth $3,050,000 after acquiring an additional 64,586 shares during the last quarter. Finally, Sasco Capital Inc. CT boosted its holdings in Walgreens Boots Alliance by 13.6% during the 3rd quarter. Sasco Capital Inc. CT now owns 1,041,440 shares of the pharmacy operator’s stock valued at $9,331,000 after acquiring an additional 124,950 shares during the period. Hedge funds and other institutional investors own 58.59% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on WBA. Evercore ISI upped their target price on shares of Walgreens Boots Alliance from $9.00 to $12.00 and gave the stock an “in-line” rating in a research report on Monday, January 13th. Truist Financial dropped their price objective on shares of Walgreens Boots Alliance from $13.00 to $12.00 and set a “hold” rating for the company in a report on Friday, January 31st. Bank of America raised their price objective on Walgreens Boots Alliance from $7.50 to $8.50 and gave the company an “underperform” rating in a research report on Monday, January 13th. Royal Bank of Canada increased their price target on Walgreens Boots Alliance from $9.00 to $12.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 15th. Finally, Deutsche Bank Aktiengesellschaft cut Walgreens Boots Alliance from a “hold” rating to a “sell” rating and cut their price target for the company from $11.00 to $9.00 in a report on Friday, February 28th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $11.54.

View Our Latest Research Report on WBA

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

Walgreens Boots Alliance Company Profile

(Get Free Report)

Walgreens Boots Alliance, Inc operates as a healthcare, pharmacy, and retail company in the United States, the United Kingdom, Germany, and internationally. It operates through three segments: U.S. Retail Pharmacy, International, and U.S. Healthcare. The U.S. Retail Pharmacy segment engages in operation of the retail drugstores, health and wellness services, specialty, and home delivery pharmacy services, which offers health and wellness, beauty, personal care and consumables, and general merchandise.