Walmart (NYSE:WMT) Given Outperform Rating at Telsey Advisory Group

Telsey Advisory Group reiterated their outperform rating on shares of Walmart (NYSE:WMT - Free Report) in a research report released on Friday morning,Benzinga reports. They currently have a $115.00 price objective on the retailer's stock. Telsey Advisory Group also issued estimates for Walmart's Q1 2026 earnings at $0.58 EPS, Q1 2026 earnings at $0.58 EPS, Q2 2026 earnings at $0.71 EPS, Q2 2026 earnings at $0.71 EPS, Q3 2026 earnings at $0.60 EPS, Q3 2026 earnings at $0.60 EPS, Q4 2026 earnings at $0.71 EPS, Q4 2026 earnings at $0.71 EPS, FY2026 earnings at $2.60 EPS, FY2026 earnings at $2.60 EPS, FY2027 earnings at $2.86 EPS and FY2027 earnings at $2.86 EPS.

A number of other research firms have also weighed in on WMT. Robert W. Baird upped their target price on shares of Walmart from $100.00 to $115.00 and gave the stock an "outperform" rating in a report on Tuesday. Citigroup increased their price objective on shares of Walmart from $98.00 to $120.00 and gave the company a "buy" rating in a research note on Tuesday, February 11th. TD Cowen increased their target price on shares of Walmart from $90.00 to $100.00 and gave the company a "buy" rating in a research report on Wednesday, November 20th. Truist Financial increased their target price on shares of Walmart from $98.00 to $111.00 and gave the company a "buy" rating in a research report on Tuesday, February 11th. Finally, Roth Mkm raised their price objective on shares of Walmart from $81.00 to $97.00 and gave the stock a "buy" rating in a report on Wednesday, November 20th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Walmart presently has an average rating of "Moderate Buy" and a consensus price target of $102.43.

Walmart Price Performance

Shares of NYSE WMT traded down $2.51 during midday trading on Friday, reaching $94.70. 34,962,340 shares of the company were exchanged, compared to its average volume of 16,282,283. The stock's 50-day moving average price is $95.63 and its 200-day moving average price is $86.44. The stock has a market cap of $760.77 billion, a P/E ratio of 39.30, a PEG ratio of 4.42 and a beta of 0.55. Walmart has a one year low of $57.77 and a one year high of $105.30. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.02. The company had revenue of $180.55 billion for the quarter, compared to analysts' expectations of $178.83 billion. Walmart had a net margin of 2.85% and a return on equity of 21.87%. On average, sell-side analysts anticipate that Walmart will post 2.55 earnings per share for the current fiscal year.

Walmart Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, January 5th. Shareholders of record on Friday, December 12th will be given a $0.235 dividend. The ex-dividend date is Friday, December 12th. This represents a $0.94 dividend on an annualized basis and a yield of 0.99%. Walmart's payout ratio is currently 34.44%.

Insider Buying and Selling at Walmart

In related news, EVP Daniel J. Bartlett sold 1,600 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $103.99, for a total value of $166,384.00. Following the sale, the executive vice president now owns 423,597 shares of the company's stock, valued at $44,049,852.03. This trade represents a 0.38 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John D. Rainey sold 38,000 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $98.80, for a total transaction of $3,754,400.00. Following the completion of the transaction, the executive vice president now owns 257,281 shares in the company, valued at $25,419,362.80. This represents a 12.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 176,777 shares of company stock valued at $16,570,112 over the last 90 days. 45.58% of the stock is owned by insiders.

Hedge Funds Weigh In On Walmart

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in Walmart by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 422,736,888 shares of the retailer's stock valued at $38,194,278,000 after acquiring an additional 2,050,683 shares during the period. Geode Capital Management LLC grew its holdings in Walmart by 3.4% in the 4th quarter. Geode Capital Management LLC now owns 90,635,238 shares of the retailer's stock valued at $8,167,186,000 after buying an additional 3,017,829 shares during the period. Norges Bank purchased a new stake in Walmart in the 4th quarter valued at about $5,737,355,000. FMR LLC grew its holdings in Walmart by 12.9% in the 3rd quarter. FMR LLC now owns 63,135,639 shares of the retailer's stock valued at $5,098,203,000 after buying an additional 7,200,004 shares during the period. Finally, Fisher Asset Management LLC grew its holdings in shares of Walmart by 2.4% during the 4th quarter. Fisher Asset Management LLC now owns 48,793,045 shares of the retailer's stock worth $4,408,452,000 after purchasing an additional 1,133,201 shares during the period. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Walmart Company Profile

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.