Weekly Investment Analysts’ Ratings Changes for Walmart (WMT)

Several brokerages have updated their recommendations and price targets on shares of Walmart (NASDAQ: WMT) in the last few weeks:

• 4/22/2026 – Walmart had its price target raised by Morgan Stanley from $135.00 to $140.00. They now have an “overweight” rating on the stock.
• 4/20/2026 – Walmart had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 4/13/2026 – Walmart had its price target raised by Guggenheim from $120.00 to $137.00. They now have a “buy” rating on the stock.
• 4/2/2026 – Walmart was upgraded by Erste Group Bank AG from “hold” to “strong-buy”.
• 3/6/2026 – Walmart was given a new $150.00 price target by Craig Hallum.
• 3/6/2026 – Walmart had its “outperform” rating reaffirmed by Raymond James Financial, Inc.. They now have a $135.00 price target on the stock.
• 3/5/2026 – Walmart had its “hold” rating reaffirmed by Erste Group Bank AG.
• 2/27/2026 – Walmart is now covered by Bank of America Corporation. They set a “buy” rating and a $150.00 price target on the stock.
• 2/25/2026 – Walmart was given a new $150.00 price target by Tigress Financial. They now have a “buy” rating on the stock.
• 2/24/2026 – Walmart had its “overweight” rating reaffirmed by Piper Sandler.

Walmart Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, January 4th. Shareholders of record on Friday, December 11th will be given a dividend of $0.2475 per share. The ex-dividend date of this dividend is Friday, December 11th. This represents a $0.99 annualized dividend and a yield of 0.8%. Walmart’s dividend payout ratio is presently 36.13%.

Insider Buying and Selling at Walmart

In other Walmart news, CEO John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $124.84, for a total transaction of $1,638,525.00. Following the completion of the sale, the chief executive officer owned 674,162 shares of the company’s stock, valued at $84,162,384.08. This represents a 1.91% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director C Douglas Mcmillon sold 19,416 shares of the stock in a transaction on Thursday, March 26th. The shares were sold at an average price of $123.16, for a total transaction of $2,391,274.56. Following the sale, the director directly owned 4,213,406 shares of the company’s stock, valued at $518,923,082.96. The trade was a 0.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 243,960 shares of company stock worth $30,284,661 over the last ninety days. 0.10% of the stock is owned by company insiders.

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.