Walmart (NYSE:WMT) Shares Up 1.4% Following Analyst Upgrade

Key Points

• Walmart's stock increased by 1.4% after Tigress Financial upgraded their price target from $120.00 to $125.00, maintaining a buy rating.
• The stock currently has a consensus rating of "Buy" from analysts, with one Strong Buy, twenty-nine Buy, and one Hold rating.
• Walmart's recent earnings report showed $0.68 earnings per share, falling short of expectations, with revenue at $169.34 billion.

Walmart Inc. (NYSE:WMT - Get Free Report)'s stock price shot up 1.4% during mid-day trading on Thursday after Tigress Financial raised their price target on the stock from $120.00 to $125.00. Tigress Financial currently has a buy rating on the stock. Walmart traded as high as $100.58 and last traded at $100.79. 4,305,633 shares were traded during mid-day trading, a decline of 77% from the average session volume of 19,031,695 shares. The stock had previously closed at $99.44.

Other research analysts also recently issued reports about the stock. Citigroup restated a "buy" rating on shares of Walmart in a research report on Tuesday, May 6th. DA Davidson reissued a "buy" rating and issued a $117.00 target price on shares of Walmart in a report on Friday, May 16th. JPMorgan Chase & Co. lowered their target price on Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a report on Friday, August 22nd. Robert W. Baird raised their price target on Walmart from $100.00 to $110.00 and gave the stock an "outperform" rating in a report on Friday, May 16th. Finally, Royal Bank Of Canada restated an "outperform" rating and set a $106.00 price objective on shares of Walmart in a research note on Friday, August 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $110.76.

Insider Buying and Selling

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the company's stock in a transaction on Thursday, July 24th. The stock was sold at an average price of $95.58, for a total transaction of $1,855,781.28. Following the completion of the sale, the chief executive officer directly owned 4,412,398 shares of the company's stock, valued at $421,737,000.84. This represents a 0.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm's stock in a transaction that occurred on Monday, July 21st. The stock was sold at an average price of $95.14, for a total transaction of $380,560.00. Following the completion of the transaction, the executive vice president directly owned 1,056,455 shares of the company's stock, valued at $100,511,128.70. This represents a 0.38% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 121,382 shares of company stock worth $11,718,441 over the last three months. Corporate insiders own 0.10% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Access Investment Management LLC acquired a new stake in shares of Walmart in the second quarter valued at about $26,000. Operose Advisors LLC increased its position in Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after buying an additional 243 shares during the period. PFS Partners LLC lifted its holdings in shares of Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer's stock worth $31,000 after buying an additional 233 shares during the last quarter. Ridgewood Investments LLC boosted its position in shares of Walmart by 55.3% in the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock valued at $32,000 after acquiring an additional 115 shares during the period. Finally, Bear Mountain Capital Inc. raised its holdings in Walmart by 98.2% in the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock valued at $32,000 after acquiring an additional 167 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Walmart Trading Up 1.4%

The business's 50 day simple moving average is $98.14 and its 200 day simple moving average is $95.29. The stock has a market cap of $804.55 billion, a P/E ratio of 37.89, a PEG ratio of 4.66 and a beta of 0.65. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). The company had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business's revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the prior year, the business earned $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, analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

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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