Walmart (NYSE:WMT) Trading Up 1.3% – What’s Next?

Walmart Inc. (NYSE:WMT) shares rose 1.3% during trading on Friday . The company traded as high as $110.70 and last traded at $110.51. Approximately 9,844,867 shares traded hands during mid-day trading, a decline of 47% from the average daily volume of 18,537,418 shares. The stock had previously closed at $109.10.

Analyst Upgrades and Downgrades

WMT has been the subject of a number of research reports. The Goldman Sachs Group upped their price objective on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. Evercore ISI reissued an “outperform” rating and set a $115.00 price target (up from $111.00) on shares of Walmart in a research note on Friday, November 21st. Cowen reaffirmed a “buy” rating on shares of Walmart in a research note on Monday, November 10th. Oppenheimer increased their target price on shares of Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a report on Wednesday, August 13th. Finally, BMO Capital Markets boosted their price target on shares of Walmart from $110.00 to $125.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. Thirty-one research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Walmart presently has an average rating of “Moderate Buy” and an average price target of $118.55.

Walmart Stock Up 1.3%

The company’s fifty day simple moving average is $103.97 and its 200 day simple moving average is $100.28. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $881.08 billion, a PE ratio of 41.55, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67.

Walmart (NYSE:WMT) last announced its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.02. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm had revenue of $179.50 billion during the quarter, compared to analyst estimates of $175.15 billion. The business’s revenue was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Transactions at Walmart

In other news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $104.75, for a total transaction of $1,374,843.75. Following the completion of the transaction, the executive vice president directly owned 879,815 shares in the company, valued at approximately $92,160,621.25. This trade represents a 1.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $101.63, for a total value of $406,520.00. Following the completion of the sale, the executive vice president owned 1,040,455 shares in the company, valued at $105,741,441.65. The trade was a 0.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 138,597 shares of company stock worth $14,499,943. 0.10% of the stock is owned by insiders.

Hedge Funds Weigh In On Walmart

Hedge funds have recently bought and sold shares of the company. Brighton Jones LLC grew its holdings in shares of 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 buying an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in Walmart by 5.8% during 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 last quarter. Alberta Investment Management Corp increased its holdings in shares of Walmart by 31.5% in the 1st quarter. Alberta Investment Management Corp now owns 31,300 shares of the retailer’s stock worth $2,748,000 after purchasing an additional 7,500 shares in the last quarter. MONECO Advisors LLC raised its stake in shares of Walmart by 4.1% in the first quarter. MONECO Advisors LLC now owns 17,057 shares of the retailer’s stock worth $1,497,000 after purchasing an additional 675 shares during the last quarter. Finally, Baker Avenue Asset Management LP lifted its holdings in shares of Walmart by 5.5% during the first quarter. Baker Avenue Asset Management LP now owns 27,124 shares of the retailer’s stock valued at $2,381,000 after purchasing an additional 1,405 shares in the last quarter. 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.