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

Key Points

• Telsey Advisory Group has reaffirmed an "outperform" rating for Walmart (NYSE:WMT) with a target price of $118.00, suggesting a potential upside of 15.19% from the current stock price.
• The company reported Q2 earnings of $0.68 per share, which missed expectations of $0.74, while also recording a 4.8% year-over-year revenue increase.
• Walmart's stock enjoys a strong consensus rating of "Moderate Buy" from analysts, with 29 out of 30 analysts recommending a buy or overweight rating.

Walmart (NYSE:WMT - Get Free Report)'s stock had its "outperform" rating restated by Telsey Advisory Group in a research note issued on Wednesday,Benzinga reports. They currently have a $118.00 target price on the retailer's stock. Telsey Advisory Group's price objective indicates a potential upside of 15.19% from the stock's current price.

A number of other equities research analysts also recently issued reports on the stock. KeyCorp lifted their price target on shares of Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a research report on Monday, June 9th. The Goldman Sachs Group lifted their price target on shares of Walmart from $101.00 to $114.00 and gave the company a "buy" rating in a research report on Friday, August 22nd. Tigress Financial raised their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research note on Wednesday, September 3rd. Erste Group Bank raised shares of Walmart from a "hold" rating to a "buy" rating in a research note on Tuesday, August 5th. Finally, Royal Bank Of Canada reissued an "outperform" rating and set a $106.00 price objective on shares of Walmart in a research note on Friday, August 22nd. Twenty-nine equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $112.62.

Walmart Price Performance

Shares of WMT opened at $102.44 on Wednesday. Walmart has a fifty-two week low of $78.98 and a fifty-two week high of $106.11. The company has a market capitalization of $816.76 billion, a price-to-earnings ratio of 38.51, a price-to-earnings-growth ratio of 4.85 and a beta of 0.65. The firm has a 50-day simple moving average of $99.68 and a 200-day simple moving average of $95.77. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79.

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

Insiders Place Their Bets

In related news, EVP John D. Rainey sold 2,200 shares of the business's stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $97.37, for a total transaction of $214,214.00. Following the completion of the sale, the executive vice president owned 623,918 shares of the company's stock, valued at $60,750,895.66. This represents a 0.35% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,610 shares of the business's stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $103.71, for a total transaction of $166,973.10. Following the sale, the executive vice president directly owned 645,968 shares of the company's stock, valued at approximately $66,993,341.28. This represents a 0.25% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 151,232 shares of company stock worth $14,960,635. Company insiders own 0.10% of the company's stock.

Institutional Trading of Walmart

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Caldwell Trust Co purchased a new stake in shares of Walmart in the 2nd quarter valued at approximately $10,817,000. Watts Gwilliam & Co. LLC increased its stake in shares of Walmart by 17.0% during the 2nd quarter. Watts Gwilliam & Co. LLC now owns 29,199 shares of the retailer's stock worth $3,025,000 after purchasing an additional 4,249 shares during the last quarter. Canal Capital Management LLC increased its stake in shares of Walmart by 2.1% during the 2nd quarter. Canal Capital Management LLC now owns 113,156 shares of the retailer's stock worth $11,064,000 after purchasing an additional 2,348 shares during the last quarter. Valeo Financial Advisors LLC increased its stake in shares of Walmart by 3.5% during the 2nd quarter. Valeo Financial Advisors LLC now owns 148,130 shares of the retailer's stock worth $14,504,000 after purchasing an additional 4,979 shares during the last quarter. Finally, Milestones Private Investment Advisors LLC acquired a new position in shares of Walmart during the 2nd quarter worth $675,000. 26.76% of the stock is owned by institutional investors and hedge funds.

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.

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