Telsey Advisory Group Issues Positive Forecast for Walmart (NYSE:WMT) Stock Price

Walmart (NYSE:WMT) had its price target upped by equities researchers at Telsey Advisory Group from $115.00 to $118.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has an “outperform” rating on the retailer’s stock. Telsey Advisory Group’s target price suggests a potential upside of 20.52% from the company’s previous close.

WMT has been the subject of several other research reports. Tigress Financial lifted their target price on shares of Walmart from $115.00 to $120.00 and gave the stock a “buy” rating in a research note on Wednesday, July 2nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $103.00 target price (up from $102.00) on shares of Walmart in a research note on Monday, June 9th. KeyCorp raised their price target on shares of Walmart from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Monday, June 9th. Robert W. Baird raised their price target on shares of Walmart from $100.00 to $110.00 and gave the company an “outperform” rating in a report on Friday, May 16th. Finally, Oppenheimer raised their price target on shares of Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a report on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Walmart has a consensus rating of “Buy” and a consensus price target of $110.00.

Walmart Stock Performance

Shares of WMT stock opened at $97.9050 on Friday. The firm has a market cap of $781.32 billion, a price-to-earnings ratio of 41.84, a P/E/G ratio of 4.93 and a beta of 0.66. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.22 and a current ratio of 0.78. Walmart has a 52 week low of $75.01 and a 52 week high of $105.30. The firm’s 50-day simple moving average is $97.94 and its two-hundred day simple moving average is $95.65.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). The company had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.76% and a net margin of 2.75%.The business’s revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. As a group, equities analysts forecast that Walmart will post 2.55 earnings per share for the current year.

Insider Activity at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction that occurred on Thursday, July 24th. The shares were sold at an average price of $95.58, for a total value of $1,855,781.28. Following the completion of the transaction, the chief executive officer owned 4,412,398 shares of the company’s stock, valued at $421,737,000.84. The trade was a 0.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction that occurred on Thursday, July 17th. The stock was sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the completion of the transaction, the executive vice president directly owned 932,313 shares of the company’s stock, valued at approximately $88,700,258.82. This represents a 1.39% decrease in their position. The disclosure for this sale can be found here. Insiders sold 88,841 shares of company stock worth $8,565,205 in the last 90 days. 0.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Walmart

Hedge funds have recently made changes to their positions in the business. Access Investment Management LLC bought a new stake in shares of Walmart in the 2nd quarter worth approximately $26,000. Operose Advisors LLC raised its holdings in Walmart by 319.7% during the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after buying an additional 243 shares during the last quarter. PFS Partners LLC raised its holdings in Walmart by 267.8% during the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after buying an additional 233 shares during the last quarter. Ridgewood Investments LLC raised its holdings in Walmart by 55.3% during the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after buying an additional 115 shares during the last quarter. Finally, Bear Mountain Capital Inc. raised its holdings in Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock valued at $32,000 after buying an additional 167 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

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.