Walmart (NYSE:WMT) Given Outperform Rating at Telsey Advisory Group

Walmart (NYSE:WMT)‘s stock had its “outperform” rating reaffirmed by research analysts at Telsey Advisory Group in a research note issued to investors on Friday,Benzinga reports. They currently have a $118.00 target price on the retailer’s stock. Telsey Advisory Group’s target price indicates a potential upside of 15.37% from the stock’s current price.

Several other research analysts have also recently weighed in on the stock. Truist Financial decreased their price objective on shares of Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a report on Friday, August 22nd. Guggenheim reaffirmed a “buy” rating and issued a $115.00 target price (up previously from $112.00) on shares of Walmart in a research report on Monday, August 18th. Erste Group Bank raised Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. The Goldman Sachs Group raised their price target on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research note on Friday, August 22nd. Finally, BTIG Research began coverage on Walmart in a research report on Tuesday, October 14th. They set a “buy” rating and a $120.00 price objective for the company. Thirty-two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Walmart has an average rating of “Moderate Buy” and a consensus price target of $113.50.

Walmart Stock Down 0.3%

Shares of Walmart stock traded down $0.26 on Friday, reaching $102.28. The company’s stock had a trading volume of 17,741,567 shares, compared to its average volume of 18,186,217. Walmart has a 52 week low of $79.81 and a 52 week high of $109.57. The firm’s fifty day simple moving average is $103.36 and its two-hundred day simple moving average is $99.65. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $815.49 billion, a price-to-earnings ratio of 38.46, a P/E/G ratio of 4.83 and a beta of 0.67.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $169.34 billion for the quarter, compared to analysts’ expectations of $174.02 billion. During the same period last year, the business earned $0.67 earnings per share. The company’s quarterly revenue was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Equities analysts anticipate that Walmart will post 2.55 earnings per share for the current year.

Insider Activity

In related news, EVP John D. Rainey sold 2,200 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $101.18, for a total value of $222,596.00. Following the completion of the transaction, the executive vice president owned 619,518 shares of the company’s stock, valued at approximately $62,682,831.24. This represents a 0.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction on Monday, October 20th. The stock was sold at an average price of $107.75, for a total value of $431,000.00. Following the completion of the sale, the executive vice president owned 1,044,455 shares of the company’s stock, valued at $112,540,026.25. The trade was a 0.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 149,383 shares of company stock worth $15,365,487. 0.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Walmart

A number of institutional investors have recently added to or reduced their stakes in WMT. Kingstone Capital Partners Texas LLC grew its position in shares of Walmart by 397,264.9% during the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after purchasing an additional 104,488,610 shares in the last quarter. Norges Bank bought a new position in Walmart during the second quarter valued at approximately $5,367,770,000. Nuveen LLC purchased a new position in Walmart during the 1st quarter valued at approximately $2,532,331,000. Laurel Wealth Advisors LLC increased its stake in Walmart by 9,648.7% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 11,486,374 shares of the retailer’s stock worth $1,123,138,000 after acquiring an additional 11,368,549 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in shares of Walmart by 30.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock worth $2,922,770,000 after acquiring an additional 7,706,201 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Company Profile

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.