Walmart (NYSE:WMT) had its target price raised by BMO Capital Markets to $125.00 in a research report report published on Friday morning, The Fly reports. BMO Capital Markets currently has an outperform rating on the retailer’s stock.

WMT has been the topic of a number of other reports. Gordon Haskett upgraded shares of Walmart from an accumulate rating to a buy rating and lifted their price objective for the company from $115.00 to $125.00 in a report on Thursday, August 15th. Wolfe Research downgraded shares of Walmart from a peer perform rating to an underperform rating in a report on Wednesday, May 8th. Loop Capital lifted their price objective on shares of Walmart to $115.00 and gave the company a hold rating in a report on Tuesday, July 23rd. Morgan Stanley lifted their price objective on shares of Walmart from $113.00 to $115.00 and gave the company an overweight rating in a report on Monday, June 17th. Finally, Credit Suisse Group set a $105.00 price objective on shares of Walmart and gave the company a hold rating in a report on Thursday, August 15th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and nineteen have issued a buy rating to the company. The company has an average rating of Buy and an average target price of $114.51.

Shares of WMT stock opened at $113.81 on Friday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.21 and a current ratio of 0.76. Walmart has a 52 week low of $85.78 and a 52 week high of $115.49. The company has a market capitalization of $321.70 billion, a P/E ratio of 23.18, a price-to-earnings-growth ratio of 4.91 and a beta of 0.41. The company’s 50 day moving average price is $111.52 and its two-hundred day moving average price is $103.85.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, August 15th. The retailer reported $1.27 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.22 by $0.05. Walmart had a net margin of 2.48% and a return on equity of 18.23%. The company had revenue of $130.40 billion for the quarter, compared to the consensus estimate of $129.32 billion. During the same period last year, the company earned $1.29 earnings per share. The firm’s revenue was up 2.6% compared to the same quarter last year. Analysts forecast that Walmart will post 4.91 earnings per share for the current year.

In other Walmart news, major shareholder Jim C. Walton sold 1,014,826 shares of Walmart stock in a transaction on Friday, June 7th. The shares were sold at an average price of $105.33, for a total transaction of $106,891,622.58. Following the completion of the transaction, the insider now directly owns 17,502,080 shares of the company’s stock, valued at $1,843,494,086.40. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director S Robson Walton sold 1,322,329 shares of Walmart stock in a transaction on Wednesday, May 22nd. The stock was sold at an average price of $102.04, for a total transaction of $134,930,451.16. Following the transaction, the director now directly owns 3,347,511 shares of the company’s stock, valued at $341,580,022.44. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 3,097,455 shares of company stock worth $321,872,581. 50.22% of the stock is owned by corporate insiders.

A number of hedge funds have recently added to or reduced their stakes in the business. Clarfeld Financial Advisors LLC bought a new stake in shares of Walmart in the fourth quarter valued at about $25,000. Krane Funds Advisors LLC bought a new stake in shares of Walmart in the second quarter valued at about $26,000. C J Advisory Inc bought a new stake in shares of Walmart in the first quarter valued at about $29,000. AllSquare Wealth Management LLC boosted its position in shares of Walmart by 235.3% in the second quarter. AllSquare Wealth Management LLC now owns 285 shares of the retailer’s stock valued at $31,000 after acquiring an additional 200 shares during the period. Finally, Mcmillion Capital Management Inc. bought a new stake in shares of Walmart in the second quarter valued at about $34,000. 29.99% of the stock is owned by hedge funds and other institutional investors.

About Walmart

Walmart Inc engages in the retail and wholesale operations in various formats 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, discount stores, drugstores, and convenience stores; membership-only warehouse clubs; e-commerce Websites, such as walmart.com, jet.com, shoes.com, and samsclub.com; and mobile commerce applications.

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