Walmart (NYSE:WMT) Stock Price Expected to Rise, Telsey Advisory Group Analyst Says

Walmart (NYSE:WMT) had its price objective raised by investment analysts at Telsey Advisory Group from $118.00 to $130.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage currently has an “outperform” rating on the retailer’s stock. Telsey Advisory Group’s target price suggests a potential upside of 21.45% from the company’s previous close.

Other equities research analysts also recently issued reports about the stock. Guggenheim reissued a “buy” rating and issued a $115.00 price target (up from $112.00) on shares of Walmart in a research note on Monday, August 18th. Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a research report on Wednesday, October 8th. DA Davidson set a $117.00 price target on Walmart in a research note on Wednesday, October 15th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $122.00 price objective on shares of Walmart in a research note on Friday. Finally, Piper Sandler reiterated an “overweight” rating and issued a $111.00 price objective on shares of Walmart in a report on Wednesday, September 24th. Thirty-one equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and a consensus price target of $116.97.

Walmart Trading Up 6.4%

Shares of Walmart stock opened at $107.04 on Friday. The stock has a 50 day moving average of $103.49 and a 200 day moving average of $99.85. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The firm has a market capitalization of $853.40 billion, a price-to-earnings ratio of 40.24, a PEG ratio of 4.83 and a beta of 0.67. Walmart has a fifty-two week low of $79.81 and a fifty-two week high of $109.57.

Walmart (NYSE:WMT) last posted its earnings results on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company had revenue of $179.50 billion for the quarter, compared to the consensus estimate of $175.15 billion. During the same quarter in the previous year, the business earned $0.58 earnings per share. The company’s revenue for the quarter was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, research analysts predict that Walmart will post 2.55 earnings per share for the current year.

Insider Buying and Selling at Walmart

In other news, EVP Daniel J. Bartlett sold 1,630 shares of the stock in a transaction on Monday, November 17th. The stock was sold at an average price of $102.58, for a total value of $167,205.40. Following the sale, the executive vice president directly owned 642,788 shares in the company, valued at approximately $65,937,193.04. This trade represents a 0.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction on Thursday, October 23rd. The stock was sold at an average price of $107.18, for a total value of $2,081,006.88. Following the transaction, the chief executive officer directly owned 4,354,162 shares of the company’s stock, valued at $466,679,083.16. The trade was a 0.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 133,888 shares of company stock valued at $13,835,383. Insiders own 0.10% of the company’s stock.

Institutional Trading of Walmart

A number of large investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Walmart by 0.9% in the 3rd quarter. Vanguard Group Inc. now owns 435,652,710 shares of the retailer’s stock valued at $44,898,368,000 after purchasing an additional 3,835,200 shares during the last quarter. State Street Corp grew its stake in shares of Walmart by 1.2% during the third quarter. State Street Corp now owns 184,805,978 shares of the retailer’s stock worth $19,046,104,000 after purchasing an additional 2,242,364 shares in the last quarter. Kingstone Capital Partners Texas LLC grew its stake 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 worth $10,496,702,000 after purchasing an additional 104,488,610 shares in the last quarter. Geode Capital Management LLC increased its holdings in Walmart by 0.3% in the second quarter. Geode Capital Management LLC now owns 94,557,532 shares of the retailer’s stock valued at $9,199,712,000 after buying an additional 263,718 shares during the last quarter. Finally, Norges Bank acquired a new stake in Walmart in the second quarter valued at $5,367,770,000. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

About Walmart

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.