Tigress Financial Forecasts Strong Price Appreciation for Walmart (NYSE:WMT) Stock

Walmart (NYSE:WMTGet 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 stock opened at $114.85 on Wednesday. Walmart has a twelve month low of $79.81 and a twelve month high of $114.89. The company has a quick ratio of 0.24, a current ratio of 0.80 and a debt-to-equity ratio of 0.39. The company has a 50 day moving average of $104.82 and a 200-day moving average of $100.71. The stock has a market capitalization of $915.68 billion, a PE ratio of 40.16, a price-to-earnings-growth ratio of 5.29 and a beta of 0.64.

Walmart (NYSE:WMTGet 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

(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.

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