Walmart (NYSE:WMT) Price Target Raised to $125.00

Walmart (NYSE:WMT) had its price objective upped by BMO Capital Markets from $110.00 to $125.00 in a research report report published on Friday, Marketbeat.com reports. They currently have an outperform rating on the retailer’s stock.

Other research analysts have also issued reports about the company. JPMorgan Chase & Co. increased their price objective on Walmart from $127.00 to $128.00 and gave the stock an “overweight” rating in a research note on Monday, November 10th. Cowen restated a “buy” rating on shares of Walmart in a research note on Monday, November 10th. Oppenheimer increased their target price on shares of Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 13th. Royal Bank Of Canada set a $116.00 price target on shares of Walmart and gave the company an “outperform” rating in a report on Wednesday, October 29th. Finally, Mizuho restated an “outperform” rating and issued a $115.00 price target on shares of Walmart in a research report on Wednesday, August 13th. Thirty-one investment 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 stock has a consensus rating of “Moderate Buy” and an average price target of $118.55.

Walmart Stock Down 1.7%

Shares of WMT opened at $105.29 on Friday. The stock has a market cap of $839.46 billion, a price-to-earnings ratio of 39.58, a P/E/G ratio of 4.83 and a beta of 0.67. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. Walmart has a 12 month low of $79.81 and a 12 month high of $109.57. The company has a 50-day moving average price of $103.52 and a two-hundred day moving average price of $99.91.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.02. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company had revenue of $179.50 billion for the quarter, compared to analyst estimates of $175.15 billion. During the same period in the prior year, the company posted $0.58 EPS. The company’s revenue was up 5.8% compared to the same quarter last year. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Equities analysts predict that Walmart will post 2.55 EPS for the current fiscal year.

Insiders Place Their Bets

In other Walmart news, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction dated Thursday, October 16th. The shares were sold at an average price of $107.78, for a total value of $1,414,612.50. Following the completion of the sale, the executive vice president owned 892,940 shares in the company, valued at approximately $96,241,073.20. This trade represents a 1.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total transaction of $222,926.00. Following the transaction, the executive vice president owned 621,718 shares in the company, valued at $62,998,684.94. The trade was a 0.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 137,888 shares of company stock valued at $14,241,903 over the last three months. Company insiders own 0.10% of the company’s stock.

Institutional Trading of Walmart

A number of hedge funds and other institutional investors have recently modified their holdings of WMT. Kingstone Capital Partners Texas LLC increased its stake in shares of Walmart by 397,264.9% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after buying an additional 104,488,610 shares during the period. Norges Bank acquired a new position in shares of Walmart during the second quarter valued at $5,367,770,000. Nuveen LLC bought a new position in Walmart in the first quarter valued at about $2,532,331,000. Laurel Wealth Advisors LLC increased its position in Walmart by 9,648.7% in the second quarter. Laurel Wealth Advisors LLC now owns 11,486,374 shares of the retailer’s stock worth $1,123,138,000 after purchasing an additional 11,368,549 shares during the period. Finally, Goldman Sachs Group Inc. increased its position in Walmart by 30.1% in the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock worth $2,922,770,000 after purchasing an additional 7,706,201 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

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.