Walmart (NYSE:WMT) Earns Outperform Rating from Telsey Advisory Group

Telsey Advisory Group reiterated their outperform rating on shares of Walmart (NYSE:WMT - Free Report) in a report released on Thursday,Benzinga reports. The firm currently has a $115.00 price objective on the retailer's stock. Telsey Advisory Group also issued estimates for Walmart's Q1 2026 earnings at $0.56 EPS, Q2 2026 earnings at $0.69 EPS, FY2026 earnings at $2.56 EPS, Q1 2027 earnings at $0.64 EPS, Q2 2027 earnings at $0.77 EPS, Q3 2027 earnings at $0.65 EPS, Q4 2027 earnings at $0.76 EPS and FY2027 earnings at $2.82 EPS.

Other equities analysts have also recently issued research reports about the company. Piper Sandler raised their price objective on Walmart from $93.00 to $118.00 and gave the company an "overweight" rating in a report on Tuesday, February 18th. Royal Bank of Canada decreased their target price on shares of Walmart from $109.00 to $107.00 and set an "outperform" rating for the company in a research note on Friday, February 21st. DZ Bank raised shares of Walmart from a "hold" rating to a "buy" rating and set a $110.00 price target on the stock in a research report on Tuesday, February 25th. Barclays reissued an "overweight" rating on shares of Walmart in a research report on Friday, February 28th. Finally, Wells Fargo & Company raised their target price on shares of Walmart from $100.00 to $108.00 and gave the company an "overweight" rating in a research note on Monday, February 3rd. Three research analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $103.58.

Walmart Trading Up 1.3 %

Shares of Walmart stock traded up $1.20 during trading hours on Thursday, hitting $94.00. The company's stock had a trading volume of 12,859,840 shares, compared to its average volume of 17,640,915. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23. The stock has a 50 day moving average of $92.43 and a 200 day moving average of $89.95. Walmart has a 12 month low of $58.56 and a 12 month high of $105.30. The company has a market capitalization of $753.58 billion, a PE ratio of 39.00, a price-to-earnings-growth ratio of 4.42 and a beta of 0.69.

Walmart (NYSE:WMT - Get Free Report) last released its earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.64 by $0.02. The firm had revenue of $180.55 billion during the quarter, compared to analysts' expectations of $178.83 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. Analysts predict that Walmart will post 2.55 earnings per share for the current year.

Walmart Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be given a dividend of $0.235 per share. This represents a $0.94 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date is Friday, December 12th. Walmart's dividend payout ratio is 39.00%.

Insider Buying and Selling at Walmart

In related news, EVP Daniel J. Bartlett sold 1,830 shares of the firm's stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total transaction of $166,658.10. Following the sale, the executive vice president now owns 460,705 shares of the company's stock, valued at $41,956,404.35. This trade represents a 0.40 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the company's stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $92.96, for a total value of $1,220,100.00. Following the completion of the transaction, the executive vice president now directly owns 568,626 shares of the company's stock, valued at approximately $52,859,472.96. The trade was a 2.26 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 178,852 shares of company stock worth $16,785,080 over the last quarter. Corporate insiders own 45.58% of the company's stock.

Hedge Funds Weigh In On Walmart

Several large investors have recently modified their holdings of WMT. Norges Bank acquired a new position in Walmart during the 4th quarter worth about $5,737,355,000. Raymond James Financial Inc. acquired a new position in shares of Walmart in the fourth quarter worth approximately $2,306,627,000. GAMMA Investing LLC boosted its holdings in Walmart by 9,896.9% in the first quarter. GAMMA Investing LLC now owns 7,939,728 shares of the retailer's stock valued at $697,029,000 after acquiring an additional 7,860,306 shares during the last quarter. Jennison Associates LLC increased its position in Walmart by 37.1% during the 4th quarter. Jennison Associates LLC now owns 25,339,448 shares of the retailer's stock valued at $2,289,419,000 after purchasing an additional 6,860,189 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in Walmart by 14.0% during the 4th quarter. Bank of New York Mellon Corp now owns 32,020,800 shares of the retailer's stock worth $2,893,079,000 after purchasing an additional 3,927,173 shares during the last quarter. Institutional investors own 26.76% of the company's stock.

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.