Walmart (NASDAQ:WMT) Receives “Buy” Rating from BTIG Research

Walmart (NASDAQ:WMT)‘s stock had its “buy” rating reissued by analysts at BTIG Research in a research report issued on Thursday, Benzinga reports. They presently have a $140.00 target price on the retailer’s stock. BTIG Research’s target price would indicate a potential upside of 32.29% from the stock’s previous close.

Several other analysts have also commented on WMT. Tigress Financial reaffirmed a “buy” rating and issued a $155.00 price target on shares of Walmart in a research note on Monday, August 31st. Gordon Haskett lowered shares of Walmart from a “buy” rating to an “accumulate” rating in a research report on Thursday, August 20th. Freedom Broker raised shares of Walmart from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 20th. Citigroup dropped their price objective on shares of Walmart from $147.00 to $132.00 and set a “buy” rating for the company in a report on Friday, August 21st. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Walmart in a research note on Friday, August 21st. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Walmart has a consensus rating of “Moderate Buy” and an average target price of $131.88.

Walmart Price Performance

NASDAQ WMT opened at $105.83 on Thursday. Walmart has a fifty-two week low of $98.88 and a fifty-two week high of $135.15. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.23. The stock’s 50-day moving average is $110.45 and its two-hundred day moving average is $119.08. The firm has a market cap of $839.63 billion, a P/E ratio of 38.21, a price-to-earnings-growth ratio of 4.05 and a beta of 0.59.

Walmart (NASDAQ:WMT) last announced its earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.07. Walmart had a return on equity of 21.83% and a net margin of 3.00%.The firm had revenue of $187.94 billion during the quarter, compared to the consensus estimate of $186.64 billion. During the same quarter in the prior year, the company earned $0.68 EPS. The firm’s revenue for the quarter was up 5.9% compared to the same quarter last year. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. On average, analysts anticipate that Walmart will post 2.87 earnings per share for the current fiscal year.

Insider Activity

In related news, EVP Daniel J. Bartlett sold 3,950 shares of Walmart stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $105.14, for a total transaction of $415,303.00. Following the transaction, the executive vice president owned 622,349 shares of the company’s stock, valued at $65,433,773.86. This trade represents a 0.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher Nicholas sold 2,900 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $106.34, for a total transaction of $308,386.00. Following the transaction, the executive vice president owned 569,153 shares of the company’s stock, valued at approximately $60,523,730.02. This represents a 0.51% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 69,264 shares of company stock valued at $7,401,242 in the last 90 days. 0.09% of the stock is owned by company insiders.

Hedge Funds Weigh In On Walmart

Hedge funds and other institutional investors have recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after acquiring an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Walmart by 5.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after acquiring an additional 485 shares in the last quarter. Peterson Wealth Management increased its holdings in shares of Walmart by 3.5% in the first quarter. Peterson Wealth Management now owns 50,307 shares of the retailer’s stock worth $4,416,000 after acquiring an additional 1,715 shares in the last quarter. Sivia Capital Partners LLC raised its position in shares of Walmart by 0.9% during the second quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer’s stock worth $1,272,000 after purchasing an additional 116 shares during the period. Finally, Schnieders Capital Management LLC. raised its position in shares of Walmart by 1.2% during the second quarter. Schnieders Capital Management LLC. now owns 91,341 shares of the retailer’s stock worth $8,931,000 after purchasing an additional 1,048 shares during the period. 26.76% of the stock is owned by institutional investors.

About Walmart

Walmart Inc is a multinational retail and technology company that operates supercenters, discount stores, neighborhood markets, e-commerce platforms and membership warehouse clubs. Its merchandise includes groceries, apparel, electronics, home goods, health and beauty products, general merchandise and other consumer products.

Founded by Sam Walton in 1962 and incorporated in 1969, Walmart is headquartered in Bentonville, Arkansas. The company serves customers through operations in the United States and international markets, including Mexico, Canada, China, India and several countries in Central America and Africa.