Tigress Financial Issues Positive Forecast for Walmart (NYSE:WMT) Stock Price

Walmart (NYSE:WMT) had its price target hoisted by Tigress Financial from $125.00 to $130.00 in a report published on Wednesday, Marketbeat Ratings reports. They currently have a buy rating on the retailer’s stock.

Other analysts have also recently issued research reports about the stock. Erste Group Bank raised shares of Walmart from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Sanford C. Bernstein reissued an “outperform” rating and set a $122.00 price objective (up previously from $118.00) on shares of Walmart in a report on Friday, November 21st. Truist Financial upped their target price on Walmart from $109.00 to $119.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Piper Sandler reiterated an “overweight” rating and issued a $123.00 target price (up from $111.00) on shares of Walmart in a research report on Friday, November 21st. Finally, Robert W. Baird lifted their price target on Walmart from $110.00 to $121.00 and gave the company an “outperform” rating in a research note on Friday, November 21st. Thirty-one investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Walmart has a consensus rating of “Moderate Buy” and a consensus price target of $119.00.

Walmart Stock Performance

NYSE:WMT opened at $114.50 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 stock’s 50-day simple moving average is $104.59 and its 200 day simple moving average is $100.61. The firm has a market capitalization of $912.88 billion, a PE ratio of 40.03, a price-to-earnings-growth ratio of 5.16 and a beta of 0.64.

Walmart (NYSE:WMT) last posted 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. The firm had revenue of $179.50 billion during the quarter, compared to analysts’ expectations of $175.15 billion. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, analysts anticipate that Walmart will post 2.55 EPS for the current fiscal year.

Insiders Place Their Bets

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction dated Thursday, September 25th. The stock was sold at an average price of $103.21, for a total value of $2,003,925.36. Following the sale, the chief executive officer owned 4,373,576 shares of the company’s stock, valued at $451,396,778.96. This trade represents a 0.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, October 16th. The stock was sold at an average price of $107.78, for a total transaction of $1,414,612.50. Following the completion of the transaction, 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 158,013 shares of company stock worth $16,657,847. 0.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Walmart

Institutional investors have recently made changes to their positions in the business. Brighton Jones LLC boosted its position in Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after acquiring an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of Walmart by 5.8% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after purchasing an additional 485 shares during the period. Bouchey Financial Group Ltd increased its position in shares of Walmart by 2.2% during the first quarter. Bouchey Financial Group Ltd now owns 5,216 shares of the retailer’s stock worth $459,000 after acquiring an additional 110 shares in the last quarter. Intrust Bank NA raised its holdings in shares of Walmart by 1.8% in the 1st quarter. Intrust Bank NA now owns 45,652 shares of the retailer’s stock worth $4,008,000 after acquiring an additional 809 shares during the last quarter. Finally, Legacy Capital Group California Inc. lifted its position in Walmart by 17.0% in the 1st quarter. Legacy Capital Group California Inc. now owns 23,750 shares of the retailer’s stock valued at $2,085,000 after acquiring an additional 3,454 shares in the last quarter. Hedge funds and other institutional investors 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.