Walmart (NASDAQ:WMT) Stock Price Up 1% – Here’s Why

by · The Markets Daily

Walmart Inc. (NASDAQ:WMT – Get Free Report) shares rose 1% on Friday . The stock traded as high as $116.95 and last traded at $116.70. Approximately 18,406,230 shares changed hands during trading, a decline of 1% from the average daily volume of 18,666,217 shares. The stock had previously closed at $115.52.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on WMT shares. DA Davidson set a $130.00 price target on shares of Walmart and gave the company a “buy” rating in a research report on Friday, November 21st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. Cowen reiterated a “buy” rating on shares of Walmart in a research report on Tuesday. Bank of America raised their price target on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 17th. Finally, BTIG Research reiterated a “buy” rating and issued a $125.00 price objective (up from $120.00) on shares of Walmart in a research report on Friday, November 21st. Thirty-one research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $119.31.

Check Out Our Latest Stock Report on WMT

Walmart Stock Performance

The company has a quick ratio of 0.24, a current ratio of 0.80 and a debt-to-equity ratio of 0.39. The stock has a fifty day moving average price of $106.31 and a two-hundred day moving average price of $101.49. The company has a market capitalization of $930.12 billion, a price-to-earnings ratio of 40.80, a PEG ratio of 5.40 and a beta of 0.64.

Walmart (NASDAQ:WMT – Get Free Report) last posted its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The business had revenue of $179.50 billion for the quarter, compared to analyst estimates of $175.15 billion. During the same quarter last year, the company earned $0.58 earnings per share. The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Buying and Selling at Walmart

In other Walmart news, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $111.23, for a total value of $244,706.00. Following the completion of the sale, the executive vice president directly owned 617,318 shares of the company’s stock, valued at approximately $68,664,281.14. The trade was a 0.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $104.75, for a total value of $1,374,843.75. Following the transaction, the executive vice president directly owned 879,815 shares in the company, valued at approximately $92,160,621.25. This represents a 1.47% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 128,013 shares of company stock valued at $13,553,747. Corporate insiders own 0.10% of the company’s stock.

Hedge Funds Weigh In On Walmart

Several institutional investors have recently added to or reduced their stakes in the business. Neuberger Berman Group LLC increased its stake in Walmart by 0.8% during the 2nd quarter. Neuberger Berman Group LLC now owns 5,091,126 shares of the retailer’s stock worth $497,771,000 after buying an additional 42,645 shares in the last quarter. Aviva PLC increased its position in shares of Walmart by 16.4% in the 2nd quarter. Aviva PLC now owns 3,833,720 shares of the retailer’s stock valued at $374,861,000 after purchasing an additional 539,504 shares during the last quarter. Weatherly Asset Management L. P. boosted its holdings in shares of Walmart by 7.0% in the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock valued at $5,489,000 after buying an additional 3,696 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management lifted its position in Walmart by 34.6% in the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock valued at $3,355,000 after acquiring an additional 9,831 shares during the last quarter. Finally, Willis Johnson & Associates Inc. boosted its stake in shares of Walmart by 76.6% during the second quarter. Willis Johnson & Associates Inc. now owns 42,626 shares of the retailer’s stock worth $4,168,000 after buying an additional 18,485 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Company Profile

(Get Free Report)

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.

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