Walmart (NYSE:WMT) Price Target Raised to $114.00

Key Points

• The Goldman Sachs Group has raised Walmart's price target from $101.00 to $114.00, indicating a potential upside of 17.25% from its previous close.
• Walmart's stock has received multiple "buy" ratings from various analysts, with price targets ranging from $110.00 to $117.00.
• Despite reporting a quarterly earnings miss, Walmart continues to have strong institutional investor interest, with recent increases in holdings by several hedge funds.

Walmart (NYSE:WMT - Get Free Report) had its price objective lifted by analysts at The Goldman Sachs Group from $101.00 to $114.00 in a report released on Friday,Benzinga reports. The firm presently has a "buy" rating on the retailer's stock. The Goldman Sachs Group's price objective indicates a potential upside of 17.25% from the stock's previous close.

WMT has been the subject of a number of other reports. Guggenheim reaffirmed a "buy" rating and set a $115.00 price objective (up from $112.00) on shares of Walmart in a report on Monday. Wall Street Zen raised shares of Walmart from a "hold" rating to a "buy" rating in a report on Monday, May 12th. Oppenheimer lifted their price objective on shares of Walmart from $110.00 to $115.00 and gave the stock an "outperform" rating in a report on Wednesday, August 13th. DA Davidson reiterated a "buy" rating and issued a $117.00 target price on shares of Walmart in a research report on Friday, May 16th. Finally, Evercore ISI reiterated an "outperform" rating and issued a $110.00 target price (up previously from $108.00) on shares of Walmart in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $110.07.

Walmart Stock Performance

WMT traded down $0.7340 on Friday, hitting $97.2260. The company's stock had a trading volume of 18,539,814 shares, compared to its average volume of 19,096,535. The company's 50 day simple moving average is $97.94 and its 200-day simple moving average is $95.65. The firm has a market cap of $775.90 billion, a P/E ratio of 41.54, a price-to-earnings-growth ratio of 4.93 and a beta of 0.66. Walmart has a 12 month low of $75.01 and a 12 month high of $105.30. The company has a quick ratio of 0.22, a current ratio of 0.78 and a debt-to-equity ratio of 0.47.

Walmart (NYSE:WMT - Get Free Report) 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). The business had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.76% and a net margin of 2.75%.The firm's quarterly revenue was up 4.8% on a year-over-year basis. During the same period last year, the business posted $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Analysts forecast that Walmart will post 2.55 EPS for the current year.

Insider Buying and Selling at Walmart

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the business's stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total transaction of $403,840.00. Following the sale, the executive vice president owned 1,052,455 shares of the company's stock, valued at $106,255,856.80. The trade was a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP John R. Furner sold 13,125 shares of the business's stock in a transaction dated Thursday, July 17th. The stock was sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the sale, the executive vice president directly owned 932,313 shares in the company, valued at $88,700,258.82. The trade was a 1.39% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 88,841 shares of company stock valued at $8,565,205 over the last three months. 0.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Clarion Wealth Managment Partners LLC bought a new position in shares of Walmart in the second quarter worth approximately $305,000. Thompson Davis & CO. Inc. lifted its stake in shares of Walmart by 524.2% in the second quarter. Thompson Davis & CO. Inc. now owns 44,642 shares of the retailer's stock worth $4,365,000 after buying an additional 37,490 shares in the last quarter. North Dallas Bank & Trust Co. bought a new position in shares of Walmart in the second quarter worth approximately $1,758,000. Newbridge Financial Services Group Inc. lifted its stake in shares of Walmart by 10.0% in the second quarter. Newbridge Financial Services Group Inc. now owns 56,176 shares of the retailer's stock worth $5,493,000 after buying an additional 5,125 shares in the last quarter. Finally, Marex Group plc bought a new position in shares of Walmart in the second quarter worth approximately $600,000. Institutional investors own 26.76% of the company's stock.

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.

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