Walmart's (WMT) "Buy" Rating Reaffirmed at Tigress Financial

Key Points

• Tigress Financial reaffirmed its “Buy” rating on Walmart and maintained a $155 price target, implying roughly 49.5% upside from the stock’s $103.66 opening price.
• Analyst sentiment remains broadly positive, with Walmart holding a consensus “Moderate Buy” rating and an average price target of $131.88, despite several firms recently lowering their targets.
• Walmart exceeded quarterly expectations, reporting $0.81 in adjusted EPS versus the $0.74 consensus and $187.94 billion in revenue, up 5.9% year over year; insiders have sold shares worth about $8.4 million over the past 90 days.

Walmart (NASDAQ:WMT - Get Free Report)'s stock had its "buy" rating reiterated by research analysts at Tigress Financial in a research report issued on Monday,Benzinga reports. They presently have a $155.00 price target on the retailer's stock. Tigress Financial's price target indicates a potential upside of 49.53% from the stock's current price.

Other research analysts have also issued research reports about the stock. Morgan Stanley restated an "overweight" rating and set a $125.00 price target (down from $140.00) on shares of Walmart in a report on Friday, August 21st. Telsey Advisory Group reaffirmed an "outperform" rating and set a $130.00 price target (down from $140.00) on shares of Walmart in a research report on Friday, August 21st. Evercore set a $125.00 target price on Walmart in a research report on Friday, August 21st. Robert W. Baird dropped their price objective on shares of Walmart from $140.00 to $120.00 and set an "outperform" rating on the stock in a report on Friday, August 21st. Finally, Freedom Capital raised Walmart from a "hold" rating to a "strong-buy" rating in a research report on Thursday, August 20th. Three analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $131.88.

Walmart Price Performance

Shares of NASDAQ:WMT opened at $103.66 on Monday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.23 and a current ratio of 0.77. Walmart has a 52 week low of $95.79 and a 52 week high of $135.15. The firm has a market cap of $824.90 billion, a PE ratio of 37.41, a price-to-earnings-growth ratio of 3.92 and a beta of 0.61. The firm's fifty day moving average is $111.90 and its 200-day moving average is $120.39.

Walmart (NASDAQ:WMT - Get Free Report) last announced its earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.07. Walmart had a return on equity of 21.83% and a net margin of 3.00%.The business had revenue of $187.94 billion during the quarter, compared to analyst estimates of $186.64 billion. During the same period last year, the company earned $0.68 EPS. Walmart's revenue for the quarter was up 5.9% compared to the same quarter last year. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Sell-side analysts predict that Walmart will post 2.87 earnings per share for the current year.

Insider Activity at Walmart

In related news, EVP Daniel J. Bartlett sold 3,710 shares of the company's stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $113.10, for a total value of $419,601.00. Following the completion of the transaction, the executive vice president directly owned 626,299 shares in the company, valued at approximately $70,834,416.90. The trade was a 0.59% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP David W. Guggina sold 11,978 shares of the stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total value of $1,435,203.96. Following the completion of the transaction, the executive vice president directly owned 125,067 shares in the company, valued at approximately $14,985,527.94. This represents a 8.74% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 77,292 shares of company stock worth $8,421,143. Corporate insiders own 0.09% of the company's stock.

Institutional Trading of Walmart

Institutional investors have recently added to or reduced their stakes in the business. Cornerstone Financial Management LLC increased its holdings in shares of Walmart by 7.2% in the second quarter. Cornerstone Financial Management LLC now owns 2,616 shares of the retailer's stock worth $296,000 after buying an additional 176 shares during the period. Formuepleje A S purchased a new stake in shares of Walmart during the second quarter worth about $1,689,000. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co bought a new position in Walmart during the 2nd quarter valued at approximately $406,000. Amundi increased its stake in shares of Walmart by 44.4% during the second quarter. Amundi now owns 20,796,957 shares of the retailer's stock valued at $2,355,463,000 after buying an additional 6,393,326 shares during the period. Finally, Schulz Wealth LTD. bought a new stake in Walmart in the second quarter valued at $477,000. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

About Walmart

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.

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