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

Walmart (NYSE:WMT)‘s stock had its “outperform” rating restated by stock analysts at Telsey Advisory Group in a note issued to investors on Thursday,Benzinga reports. They currently have a $115.00 price objective on the retailer’s stock. Telsey Advisory Group’s price objective indicates a potential upside of 23.91% from the stock’s previous close. 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.

WMT has been the topic of several other reports. Robert W. Baird lifted their target price on shares of Walmart from $100.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 18th. Erste Group Bank downgraded shares of Walmart from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 17th. Truist Financial raised their target price on Walmart from $98.00 to $111.00 and gave the stock a “buy” rating in a research note on Tuesday, February 11th. Piper Sandler upped their price target on Walmart from $93.00 to $118.00 and gave the company an “overweight” rating in a research report on Tuesday, February 18th. Finally, Stifel Nicolaus cut their price objective on Walmart from $99.00 to $93.00 and set a “hold” rating on the stock in a research report on Thursday, March 20th. Three research analysts have rated the stock with a hold rating, thirty have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and a consensus price target of $103.58.

Walmart Stock Performance

Walmart stock opened at $92.81 on Thursday. The firm has a fifty day simple moving average of $92.43 and a two-hundred day simple moving average of $89.88. Walmart has a twelve month low of $58.56 and a twelve month high of $105.30. The company has a market capitalization of $744.03 billion, a PE ratio of 38.51, a P/E/G ratio of 4.42 and a beta of 0.69. 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) last issued its earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.02. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The company had revenue of $180.55 billion during the quarter, compared to analysts’ expectations of $178.83 billion. Research analysts expect that Walmart will post 2.55 EPS for the current year.

Insider Transactions at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $85.63, for a total transaction of $2,493,888.12. Following the sale, the chief executive officer now directly owns 3,972,517 shares in the company, valued at approximately $340,166,630.71. This trade represents a 0.73 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Christopher James Nicholas sold 17,600 shares of Walmart stock in a transaction on Friday, February 21st. The stock was sold at an average price of $94.42, for a total value of $1,661,792.00. Following the completion of the sale, the executive vice president now directly owns 348,357 shares of the company’s stock, valued at approximately $32,891,867.94. The trade was a 4.81 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 178,852 shares of company stock worth $16,785,080. Corporate insiders own 45.58% of the company’s stock.

Hedge Funds Weigh In On Walmart

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Piscataqua Savings Bank raised its holdings in shares of Walmart by 38.2% during the first quarter. Piscataqua Savings Bank now owns 1,085 shares of the retailer’s stock valued at $95,000 after purchasing an additional 300 shares during the last quarter. CMC Financial Group purchased a new stake in Walmart in the first quarter worth approximately $270,000. Godsey & Gibb Inc. grew its position in Walmart by 0.9% in the 1st quarter. Godsey & Gibb Inc. now owns 29,406 shares of the retailer’s stock worth $2,582,000 after purchasing an additional 265 shares during the period. Gateway Investment Advisers LLC raised its stake in Walmart by 5.4% during the 1st quarter. Gateway Investment Advisers LLC now owns 920,235 shares of the retailer’s stock valued at $80,787,000 after buying an additional 47,186 shares during the last quarter. Finally, Independence Bank of Kentucky lifted its holdings in shares of Walmart by 0.4% during the 1st quarter. Independence Bank of Kentucky now owns 52,056 shares of the retailer’s stock valued at $4,570,000 after buying an additional 197 shares during the period. 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.