Walmart (NYSE:WMT – Get Free Report) had its price target lifted by Tigress Financial from $125.00 to $130.00 in a note issued to investors on Wednesday, Marketbeat Ratings reports. The brokerage currently has a “buy” rating on the retailer’s stock. Tigress Financial’s price objective would indicate a potential upside of 13.19% from the stock’s previous close.
WMT has been the subject of a number of other reports. Truist Financial lifted their price target on shares of Walmart from $109.00 to $119.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. The Goldman Sachs Group boosted their target price on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. DA Davidson set a $130.00 target price on shares of Walmart and gave the company a “buy” rating in a research report on Friday, November 21st. Morgan Stanley reaffirmed an “overweight” rating and set a $125.00 price objective (up previously from $115.00) on shares of Walmart in a research report on Friday, November 21st. Finally, JPMorgan Chase & Co. increased their price target on Walmart from $128.00 to $129.00 and gave the stock an “overweight” rating in a report on Friday, November 21st. Thirty-one analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Walmart presently has a consensus rating of “Moderate Buy” and a consensus price target of $119.00.
View Our Latest Stock Report on WMT
Walmart Stock Up 0.4%
Walmart (NYSE:WMT – Get Free Report) last announced 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. The company had revenue of $179.50 billion during the quarter, compared to analysts’ expectations of $175.15 billion. Walmart had a return on equity of 21.31% and a net margin of 3.26%.Walmart’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, equities research analysts anticipate that Walmart will post 2.55 EPS for the current fiscal year.
Insider Buying and Selling
In other news, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction dated Thursday, September 25th. The shares were sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the completion of the transaction, the chief executive officer directly owned 4,373,576 shares of the company’s stock, valued at approximately $451,396,778.96. This represents a 0.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP David Chojnowski sold 7,000 shares of the stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $106.65, for a total transaction of $746,550.00. Following the completion of the transaction, the senior vice president owned 136,289 shares of the company’s stock, valued at approximately $14,535,221.85. The trade was a 4.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 158,013 shares of company stock valued at $16,657,847 over the last quarter. Company insiders own 0.10% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Revolve Wealth Partners LLC grew its stake in shares of Walmart by 1.0% in the third quarter. Revolve Wealth Partners LLC now owns 9,926 shares of the retailer’s stock worth $1,023,000 after acquiring an additional 96 shares during the period. Atlas Legacy Advisors LLC boosted its holdings in Walmart by 1.1% in the second quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock worth $851,000 after purchasing an additional 98 shares during the last quarter. Meridian Wealth Partners LLC grew its position in Walmart by 2.1% in the 2nd quarter. Meridian Wealth Partners LLC now owns 4,804 shares of the retailer’s stock worth $470,000 after purchasing an additional 99 shares during the period. Hemington Wealth Management raised its stake in Walmart by 1.8% during the 3rd quarter. Hemington Wealth Management now owns 5,695 shares of the retailer’s stock valued at $586,000 after buying an additional 99 shares during the last quarter. Finally, Boomfish Wealth Group LLC raised its stake in Walmart by 2.7% during the 3rd quarter. Boomfish Wealth Group LLC now owns 3,701 shares of the retailer’s stock valued at $381,000 after buying an additional 99 shares during the last quarter. 26.76% of the stock is owned by institutional investors.
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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