Walmart (NYSE:WMT) Stock Price Expected to Rise, Truist Financial Analyst Says

Walmart (NYSE:WMT) had its target price raised by equities research analysts at Truist Financial from $109.00 to $119.00 in a research report issued to clients and investors on Thursday, Marketbeat reports. The brokerage presently has a “buy” rating on the retailer’s stock. Truist Financial’s price target points to a potential upside of 13.02% from the stock’s current price.

Other analysts have also issued research reports about the stock. DA Davidson set a $117.00 target price on shares of Walmart in a research note on Wednesday, October 15th. Wolfe Research started coverage on shares of Walmart in a research report on Thursday, September 18th. They set an “outperform” rating and a $129.00 price objective for the company. Erste Group Bank upgraded shares of Walmart from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Evercore ISI restated an “outperform” rating and issued a $111.00 target price (up from $110.00) on shares of Walmart in a research note on Tuesday, October 21st. Finally, Sanford C. Bernstein set a $117.00 price target on Walmart and gave the stock an “outperform” rating in a research report on Friday, August 22nd. Thirty-one research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $118.55.

Walmart Stock Down 1.7%

Shares of Walmart stock opened at $105.29 on Thursday. The business has a 50-day moving average price of $103.52 and a 200 day moving average price of $99.89. Walmart has a fifty-two week low of $79.81 and a fifty-two week high of $109.57. The firm has a market cap of $839.46 billion, a P/E 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 (NYSE:WMT) last released its earnings results on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $175.15 billion. During the same quarter last year, the business posted $0.58 EPS. Walmart’s quarterly 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. On average, sell-side analysts forecast that Walmart will post 2.55 earnings per share for the current fiscal year.

Insider Transactions at Walmart

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 transaction of $1,414,612.50. Following the transaction, the executive vice president owned 892,940 shares of the company’s stock, valued at approximately $96,241,073.20. This trade represents a 1.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the completion of the sale, the chief executive officer directly owned 4,392,985 shares of the company’s stock, valued at approximately $421,594,770.45. This represents a 0.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 137,888 shares of company stock worth $14,241,903 over the last ninety days. Insiders own 0.10% of the company’s stock.

Hedge Funds Weigh In On Walmart

Several hedge funds have recently modified their holdings of WMT. Capital Square LLC raised its stake in shares of Walmart by 11.2% in the 3rd quarter. Capital Square LLC now owns 8,694 shares of the retailer’s stock worth $896,000 after buying an additional 876 shares in the last quarter. Watts Gwilliam & Co. LLC grew its holdings in Walmart by 7.9% during the third quarter. Watts Gwilliam & Co. LLC now owns 31,496 shares of the retailer’s stock worth $3,246,000 after acquiring an additional 2,297 shares during the period. CIBC Bancorp USA Inc. acquired a new position in Walmart during the third quarter worth about $99,293,000. Tcfg Wealth Management LLC raised its position in Walmart by 6.7% in the third quarter. Tcfg Wealth Management LLC now owns 4,750 shares of the retailer’s stock worth $490,000 after acquiring an additional 297 shares in the last quarter. Finally, Oarsman Capital Inc. lifted its holdings in Walmart by 1.2% in the 3rd quarter. Oarsman Capital Inc. now owns 41,752 shares of the retailer’s stock valued at $4,303,000 after acquiring an additional 515 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

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.