Walmart Inc. (NYSE:WMT - Get Free Report) traded up 1.7% on Wednesday . The stock traded as high as $109.56 and last traded at $109.05. 21,258,583 shares were traded during trading, an increase of 14% from the average session volume of 18,646,385 shares. The stock had previously closed at $107.21.
Analyst Ratings Changes
Several equities research analysts have weighed in on the company. The Goldman Sachs Group upped their target price on Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a research note on Friday, August 22nd. DA Davidson set a $117.00 price target on shares of Walmart in a report on Wednesday. Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the stock an "outperform" rating in a report on Friday, August 22nd. Bank of America upped their price target on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday, September 17th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and set a $106.00 price target on shares of Walmart in a report on Friday, August 22nd. Thirty-one research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $112.63.
Read Our Latest Report on Walmart
Walmart Stock Up 1.7%
The firm has a market capitalization of $869.45 billion, a price-to-earnings ratio of 41.00, a P/E/G ratio of 4.81 and a beta of 0.67. The stock has a fifty day moving average of $101.43 and a two-hundred day moving average of $97.53. 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 posted its quarterly earnings data 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 quarter in the previous year, the company earned $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. Sell-side analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.
Insiders Place Their Bets
In related news, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $103.74, for a total value of $1,361,587.50. Following the completion of the sale, the executive vice president directly owned 906,064 shares in the company, valued at $93,995,079.36. This represents a 1.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total value of $222,926.00. Following the completion of the sale, the executive vice president owned 621,718 shares of the company's stock, valued at $62,998,684.94. The trade was a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 149,488 shares of company stock valued at $14,917,151 over the last ninety days. 0.10% of the stock is currently owned by corporate insiders.
Institutional Trading of Walmart
Large investors have recently bought and sold shares of the business. Access Investment Management LLC acquired a new stake in Walmart during the 2nd quarter worth about $26,000. Operose Advisors LLC grew its holdings in Walmart by 319.7% during the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after acquiring an additional 243 shares during the period. PFS Partners LLC grew its holdings in Walmart by 267.8% during the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer's stock worth $31,000 after acquiring an additional 233 shares during the period. Bear Mountain Capital Inc. boosted its position in shares of Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after purchasing an additional 167 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd boosted its position in shares of Walmart by 432.4% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock worth $32,000 after purchasing an additional 294 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.
Walmart Company Profile
(
Get Free Report)
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.
See Also
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