Walmart (NASDAQ:WMT) Given New $140.00 Price Target at BTIG Research

Walmart (NASDAQ:WMT) had its price objective dropped by equities research analysts at BTIG Research from $145.00 to $140.00 in a research note issued on Friday,Benzinga reports. The firm presently has a “buy” rating on the retailer’s stock. BTIG Research’s price target would suggest a potential upside of 34.82% from the stock’s previous close.

WMT has been the topic of a number of other research reports. Evercore reaffirmed an “outperform” rating on shares of Walmart in a research report on Monday, May 18th. UBS Group reissued a “buy” rating on shares of Walmart in a research report on Tuesday, August 4th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $137.00 target price on shares of Walmart in a report on Wednesday, August 12th. Freedom Capital upgraded shares of Walmart from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 21st. Finally, Erste Group Bank lowered shares of Walmart from a “buy” rating to a “hold” rating in a report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Walmart currently has an average rating of “Moderate Buy” and a consensus target price of $137.44.

Walmart Price Performance

Walmart stock opened at $103.84 on Friday. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42. Walmart has a 52-week low of $95.42 and a 52-week high of $135.15. The firm has a market cap of $826.37 billion, a PE ratio of 36.44, a price-to-earnings-growth ratio of 4.27 and a beta of 0.61. The company’s 50 day moving average is $113.69 and its two-hundred day moving average is $121.39.

Walmart (NASDAQ:WMT) last posted its quarterly earnings data on Thursday, August 20th. The retailer reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.07. The business had revenue of $187.94 billion for the quarter, compared to analyst estimates of $186.62 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The company’s revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.68 earnings per share. 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, research analysts expect that Walmart will post 2.88 EPS for the current fiscal year.

Insider Transactions at Walmart

In other news, Director C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $118.63, for a total transaction of $2,303,320.08. Following the transaction, the director directly owned 4,174,579 shares in the company, valued at approximately $495,230,306.77. This trade represents a 0.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel J. Bartlett sold 3,710 shares of Walmart stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $113.10, for a total transaction of $419,601.00. Following the completion of the transaction, the executive vice president directly owned 626,299 shares in the company, valued at $70,834,416.90. The trade was a 0.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 54,164 shares of company stock valued at $6,389,402 over the last quarter. 0.09% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Walmart

A number of large investors have recently bought and sold shares of WMT. Entrust Financial LLC acquired a new position in Walmart during the fourth quarter worth about $27,000. Merkkuri Wealth Advisors LLC acquired a new position in shares of Walmart during the 1st quarter worth approximately $29,000. Bay Harbor Wealth Management LLC increased its position in Walmart by 57.4% during the fourth quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock worth $32,000 after buying an additional 105 shares in the last quarter. Sankala Group LLC purchased a new stake in shares of Walmart in the fourth quarter valued at $33,000. Finally, Motiv8 Investments LLC purchased a new stake in Walmart during the 4th quarter worth about $34,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart reported adjusted earnings of $0.81 per share and revenue of $187.94 billion, exceeding consensus estimates of $0.74 and $186.62 billion, respectively. Revenue increased 5.9% year over year. Walmart quarterly earnings report
• Positive Sentiment: Growth businesses remained strong: global e-commerce sales rose 23%, advertising revenue increased 38% and global membership revenue grew 17%. Gross-profit margin also improved, helped partly by tariff-related benefits. Walmart revenue growth release
• Positive Sentiment: Management raised its full-year fiscal 2027 outlook and expects to use approximately $2.9 billion in tariff refunds to support price cuts, potentially strengthening Walmart’s value proposition with financially pressured shoppers. Walmart tariff refund price cuts
• Neutral Sentiment: Some analysts view the selloff as a potential entry point, citing Walmart’s scale, international operations, digital growth, advertising business and margin gains. However, its roughly 36 times earnings valuation leaves less room for execution disappointments. Walmart post-earnings buying opportunity
• Negative Sentiment: U.S. comparable sales increased just 2.6%, below expectations near 3.5% and the weakest growth in more than six years. Investors interpreted the result as evidence that higher energy costs and inflation are forcing consumers to reduce or reprioritize spending. Reuters Walmart sales miss article
• Negative Sentiment: Fiscal third-quarter guidance was below Wall Street expectations: EPS of $0.62–$0.64 versus an estimated $0.68, and revenue of $183.1–$184.5 billion versus approximately $188.2 billion expected. The timing of Flipkart’s promotional event is also expected to reduce quarterly sales growth by more than 100 basis points. Investopedia Walmart guidance article
• Negative Sentiment: Gordon Haskett downgraded Walmart from “buy” to “accumulate,” reinforcing concerns that the stock’s premium valuation is vulnerable to slower U.S. sales growth and margin pressure from price investments.

About Walmart

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.