Walmart (NASDAQ:WMT) Given New $137.00 Price Target at Mizuho

Walmart (NASDAQ:WMT) had its target price raised by equities researchers at Mizuho from $125.00 to $137.00 in a research report issued on Monday,Benzinga reports. The firm presently has an “outperform” rating on the retailer’s stock. Mizuho’s price target would suggest a potential upside of 4.44% from the company’s current price.

A number of other equities research analysts have also weighed in on WMT. Wall Street Zen lowered shares of Walmart from a “buy” rating to a “hold” rating in a report on Sunday, January 18th. TD Cowen reaffirmed a “buy” rating on shares of Walmart in a research report on Wednesday, January 14th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $129.00 price target (up previously from $122.00) on shares of Walmart in a report on Monday, January 5th. BMO Capital Markets restated an “outperform” rating on shares of Walmart in a report on Wednesday, January 14th. Finally, Citigroup reaffirmed a “buy” rating and set a $147.00 target price (up from $120.00) on shares of Walmart in a research report on Thursday. Thirty-two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $125.45.

Walmart Price Performance

Shares of WMT stock opened at $131.18 on Monday. The stock has a 50 day moving average price of $116.44 and a 200 day moving average price of $107.23. Walmart has a 52-week low of $79.81 and a 52-week high of $131.70. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.24 and a current ratio of 0.80. The firm has a market capitalization of $1.05 trillion, a P/E ratio of 45.87, a P/E/G ratio of 5.01 and a beta of 0.65.

Walmart (NASDAQ:WMT) last announced its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, beating the consensus estimate of $0.60 by $0.02. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The company had revenue of $179.50 billion for the quarter, compared to the consensus estimate of $175.15 billion. During the same quarter in the prior year, the company posted $0.58 EPS. Walmart’s quarterly revenue was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, sell-side analysts predict that Walmart will post 2.55 earnings per share for the current year.

Insiders Place Their Bets

In other Walmart news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction dated 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 owned 879,815 shares in the company, valued at $92,160,621.25. The trade was a 1.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Donna Morris sold 76,181 shares of the business’s stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $123.79, for a total transaction of $9,430,445.99. Following the completion of the transaction, the executive vice president owned 402,072 shares of the company’s stock, valued at $49,772,492.88. This represents a 15.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 229,196 shares of company stock worth $26,957,858. Insiders own 0.10% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. CWM LLC boosted its position in shares of Walmart by 24.2% in the 3rd quarter. CWM LLC now owns 1,175,703 shares of the retailer’s stock worth $121,168,000 after buying an additional 229,220 shares in the last quarter. Neuberger Berman Group LLC increased its holdings in Walmart by 0.8% during the 2nd quarter. Neuberger Berman Group LLC now owns 5,091,126 shares of the retailer’s stock valued at $497,771,000 after acquiring an additional 42,645 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its position in Walmart by 16.6% during the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 63,782 shares of the retailer’s stock worth $6,567,000 after acquiring an additional 9,061 shares during the last quarter. Aviva PLC lifted its holdings in shares of Walmart by 16.4% in the second 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 in the last quarter. Finally, World Investment Advisors grew its position in shares of Walmart by 5.2% in the third quarter. World Investment Advisors now owns 293,866 shares of the retailer’s stock valued at $30,286,000 after purchasing an additional 14,487 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

About Walmart

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.