Walmart (WMT) – Analysts’ Recent Ratings Changes

Walmart (NYSE: WMT) has recently received a number of price target changes and ratings updates:

• 1/21/2025 – Walmart had its price target raised by analysts at Morgan Stanley from $100.00 to $106.00. They now have an “overweight” rating on the stock.
• 1/15/2025 – Walmart had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $105.00 price target on the stock.
• 1/10/2025 – Walmart had its price target raised by analysts at Wells Fargo & Company from $96.00 to $100.00. They now have an “overweight” rating on the stock.
• 1/9/2025 – Walmart had its price target raised by analysts at Barclays PLC from $90.00 to $98.00. They now have an “overweight” rating on the stock.
• 12/17/2024 – Walmart had its price target raised by analysts at Jefferies Financial Group Inc. from $105.00 to $111.00. They now have a “buy” rating on the stock.
• 12/13/2024 – Walmart had its price target raised by analysts at Tigress Financial from $86.00 to $115.00. They now have a “buy” rating on the stock.
• 12/11/2024 – Walmart had its price target raised by analysts at KeyCorp from $96.00 to $100.00. They now have an “overweight” rating on the stock.
• 12/10/2024 – Walmart had its price target raised by analysts at Stifel Nicolaus from $89.00 to $94.00. They now have a “hold” rating on the stock.
• 12/3/2024 – Walmart had its price target raised by analysts at Evercore ISI from $94.00 to $96.00. They now have an “outperform” rating on the stock.

Walmart Stock Up 1.2 %

WMT stock opened at $93.05 on Wednesday. The stock has a market capitalization of $747.51 billion, a P/E ratio of 38.19, a PEG ratio of 4.36 and a beta of 0.55. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85. Walmart Inc. has a one year low of $53.44 and a one year high of $96.18. The company has a 50 day moving average price of $91.31 and a two-hundred day moving average price of $81.63.

Walmart (NYSE:WMT) last released its earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping the consensus estimate of $0.53 by $0.05. The firm had revenue of $169.59 billion during the quarter, compared to analysts’ expectations of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. Walmart’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.51 EPS. As a group, sell-side analysts expect that Walmart Inc. will post 2.47 EPS for the current year.

Insider Activity

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $82.79, for a total transaction of $2,411,175.96. Following the completion of the sale, the chief executive officer now directly owns 3,843,929 shares of the company’s stock, valued at $318,238,881.91. The trade was a 0.75 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Daniel J. Bartlett sold 1,830 shares of the business’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total transaction of $166,658.10. Following the sale, the executive vice president now directly owns 460,705 shares of the company’s stock, valued at $41,956,404.35. This represents a 0.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 140,177 shares of company stock valued at $12,478,149 in the last ninety days. Company insiders own 45.58% of the company’s stock.

Institutional Trading of Walmart

Institutional investors have recently made changes to their positions in the stock. Jennison Associates LLC lifted its holdings in shares of Walmart by 479.6% during the 3rd quarter. Jennison Associates LLC now owns 18,479,259 shares of the retailer’s stock valued at $1,492,200,000 after acquiring an additional 15,290,936 shares in the last quarter. FMR LLC lifted its holdings in shares of Walmart by 12.9% during the 3rd quarter. FMR LLC now owns 63,135,639 shares of the retailer’s stock valued at $5,098,203,000 after acquiring an additional 7,200,004 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of Walmart by 8,814.4% during the 3rd quarter. International Assets Investment Management LLC now owns 6,963,218 shares of the retailer’s stock valued at $562,280,000 after acquiring an additional 6,885,106 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Walmart by 3.3% during the 3rd quarter. Geode Capital Management LLC now owns 87,617,409 shares of the retailer’s stock valued at $7,048,465,000 after acquiring an additional 2,786,061 shares in the last quarter. Finally, Fisher Asset Management LLC lifted its holdings in shares of Walmart by 4.6% during the 3rd quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer’s stock valued at $3,848,533,000 after acquiring an additional 2,107,197 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

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.