Walmart’s (WMT) Buy Rating Reiterated at BTIG Research

Walmart (NASDAQ:WMT)‘s stock had its “buy” rating restated by research analysts at BTIG Research in a research report issued to clients and investors on Thursday, Benzinga reports. They presently have a $140.00 price target on the retailer’s stock. BTIG Research’s price target indicates a potential upside of 32.29% from the company’s current price.

Other research analysts have also issued reports about the stock. Weiss Ratings lowered shares of Walmart from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, July 31st. Telsey Advisory Group reiterated an “outperform” rating and issued a $130.00 target price (down from $140.00) on shares of Walmart in a research note on Friday, August 21st. Roth Capital reiterated a “buy” rating on shares of Walmart in a report on Friday, August 21st. KeyCorp reissued an “overweight” rating on shares of Walmart in a research report on Wednesday, August 12th. Finally, BNP Paribas Exane restated an “outperform” rating and issued a $137.00 price objective (down from $146.00) on shares of Walmart in a research note on Friday, August 21st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.88.

Walmart Stock Down 0.2%

Shares of Walmart stock opened at $105.83 on Thursday. The firm has a market cap of $839.63 billion, a PE ratio of 38.21, a P/E/G ratio of 4.05 and a beta of 0.59. The business’s 50 day simple moving average is $110.45 and its 200 day simple moving average is $119.08. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.23 and a current ratio of 0.77. Walmart has a 52-week low of $98.88 and a 52-week high of $135.15.

Walmart (NASDAQ:WMT) last posted its quarterly earnings data on Thursday, August 20th. The retailer reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.07. The company had revenue of $187.94 billion during the quarter, compared to the consensus estimate of $186.64 billion. Walmart had a net margin of 3.00% and a return on equity of 21.83%. The company’s quarterly revenue was up 5.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.68 EPS. 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, analysts predict that Walmart will post 2.87 earnings per share for the current fiscal year.

Insider Transactions at Walmart

In other Walmart news, EVP Daniel Danker sold 50,644 shares of the firm’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $105.35, for a total transaction of $5,335,345.40. Following the completion of the sale, the executive vice president directly owned 201,672 shares in the company, valued at $21,246,145.20. This trade represents a 20.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Christopher Nicholas sold 2,900 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $106.34, for a total value of $308,386.00. Following the sale, the executive vice president owned 569,153 shares of the company’s stock, valued at approximately $60,523,730.02. This represents a 0.51% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 69,264 shares of company stock worth $7,401,242. 0.09% of the stock is owned by insiders.

Hedge Funds Weigh In On Walmart

A number of large investors have recently made changes to their positions in the company. Bell & Brown Wealth Advisors LLC acquired a new stake in Walmart in the 2nd quarter worth about $6,451,000. Advisortrust Partners LLC boosted its holdings in Walmart by 20.2% in the 1st quarter. Advisortrust Partners LLC now owns 67,142 shares of the retailer’s stock valued at $8,344,000 after purchasing an additional 11,283 shares during the period. Union Bancaire Privee UBP SA grew its position in shares of Walmart by 253.3% during the 1st quarter. Union Bancaire Privee UBP SA now owns 384,034 shares of the retailer’s stock worth $47,728,000 after purchasing an additional 275,337 shares in the last quarter. Janney Montgomery Scott LLC grew its position in shares of Walmart by 2.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 2,416,580 shares of the retailer’s stock worth $300,333,000 after purchasing an additional 68,632 shares in the last quarter. Finally, Vise Technologies Inc. increased its holdings in shares of Walmart by 42.1% during the fourth quarter. Vise Technologies Inc. now owns 275,341 shares of the retailer’s stock worth $30,676,000 after purchasing an additional 81,635 shares during the period. Institutional investors own 26.76% of the company’s stock.

About Walmart

Walmart Inc is a multinational retail and technology company that operates supercenters, discount stores, neighborhood markets, e-commerce platforms and membership warehouse clubs. Its merchandise includes groceries, apparel, electronics, home goods, health and beauty products, general merchandise and other consumer products.

Founded by Sam Walton in 1962 and incorporated in 1969, Walmart is headquartered in Bentonville, Arkansas. The company serves customers through operations in the United States and international markets, including Mexico, Canada, China, India and several countries in Central America and Africa.