Investment Analysts’ Recent Ratings Changes for Walmart (WMT)

Several brokerages have updated their recommendations and price targets on shares of Walmart (NASDAQ: WMT) in the last few weeks:

• 3/6/2026 – Walmart was given a new $150.00 price target by Craig Hallum.
• 3/6/2026 – Walmart had its “outperform” rating reaffirmed by Raymond James Financial, Inc.. They now have a $135.00 price target on the stock.
• 3/5/2026 – Walmart had its “hold” rating reaffirmed by Erste Group Bank AG.
• 2/27/2026 – Walmart is now covered by Bank of America Corporation. They set a “buy” rating and a $150.00 price target on the stock.
• 2/25/2026 – Walmart was given a new $150.00 price target by Tigress Financial. They now have a “buy” rating on the stock.
• 2/24/2026 – Walmart had its “overweight” rating reaffirmed by Piper Sandler.
• 2/20/2026 – Walmart was given a new $150.00 price target by DA Davidson. They now have a “buy” rating on the stock.
• 2/20/2026 – Walmart was given a new $145.00 price target by Royal Bank Of Canada.
• 2/20/2026 – Walmart had its “buy” rating reaffirmed by TD Cowen. They now have a $145.00 price target on the stock, up from $136.00.
• 2/20/2026 – Walmart was given a new $120.00 price target by Deutsche Bank Aktiengesellschaft.
• 2/20/2026 – Walmart was given a new $145.00 price target by Jefferies Financial Group Inc..
• 2/20/2026 – Walmart had its “buy” rating reaffirmed by UBS Group AG. They now have a $147.00 price target on the stock, up from $135.00.
• 2/20/2026 – Walmart had its “buy” rating reaffirmed by Roth Mkm. They now have a $138.00 price target on the stock.
• 2/20/2026 – Walmart had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $138.00 price target on the stock.
• 2/20/2026 – Walmart had its “outperform” rating reaffirmed by Sanford C. Bernstein. They now have a $134.00 price target on the stock, up from $129.00.
• 2/20/2026 – Walmart was downgraded by HSBC Holdings plc from “buy” to “hold”. They now have a $131.00 price target on the stock, up from $122.00.
• 2/20/2026 – Walmart had its price target raised by Truist Financial Corporation from $127.00 to $139.00. They now have a “buy” rating on the stock.
• 2/20/2026 – Walmart had its “buy” rating reaffirmed by BTIG Research. They now have a $140.00 price target on the stock.
• 2/20/2026 – Walmart had its price target raised by Telsey Advisory Group from $135.00 to $140.00. They now have an “outperform” rating on the stock.
• 2/18/2026 – Walmart was upgraded by Argus to “strong-buy”.
• 2/18/2026 – Walmart had its “buy” rating reaffirmed by DA Davidson. They now have a $135.00 price target on the stock.
• 2/17/2026 – Walmart was given a new $150.00 price target by Rothschild & Co Redburn.
• 2/13/2026 – Walmart had its “overweight” rating reaffirmed by KeyCorp. They now have a $145.00 price target on the stock, up from $128.00.
• 2/12/2026 – Walmart had its “outperform” rating reaffirmed by Telsey Advisory Group. They now have a $135.00 price target on the stock.
• 2/11/2026 – Walmart had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $140.00 price target on the stock, up from $126.00.
• 2/11/2026 – Walmart had its price target raised by BTIG Research from $125.00 to $140.00. They now have a “buy” rating on the stock.
• 2/10/2026 – Walmart had its “overweight” rating reaffirmed by Wells Fargo & Company. They now have a $140.00 price target on the stock, up from $130.00.
• 2/9/2026 – Walmart had its “outperform” rating reaffirmed by Oppenheimer Holdings, Inc.. They now have a $140.00 price target on the stock, up from $125.00.
• 2/9/2026 – Walmart had its price target raised by Mizuho from $125.00 to $137.00. They now have an “outperform” rating on the stock.
• 2/5/2026 – Walmart had its “buy” rating reaffirmed by Citigroup Inc.. They now have a $147.00 price target on the stock, up from $120.00.
• 2/3/2026 – Walmart had its “buy” rating reaffirmed by Jefferies Financial Group Inc.. They now have a $132.00 price target on the stock.
• 2/3/2026 – Walmart had its “outperform” rating reaffirmed by Evercore Inc. They now have a $130.00 price target on the stock, up from $125.00.
• 2/3/2026 – Walmart had its “overweight” rating reaffirmed by Piper Sandler. They now have a $130.00 price target on the stock, up from $123.00.
• 1/30/2026 – Walmart had its “buy” rating reaffirmed by UBS Group AG. They now have a $135.00 price target on the stock.
• 1/23/2026 – Walmart had its price target raised by Tigress Financial from $130.00 to $135.00. They now have a “buy” rating on the stock.
• 1/21/2026 – Walmart had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 1/18/2026 – Walmart was downgraded by Wall Street Zen from “buy” to “hold”.
• 1/15/2026 – Walmart had its “overweight” rating reaffirmed by Morgan Stanley. They now have a $135.00 price target on the stock, up from $125.00.
• 1/14/2026 – Walmart had its “outperform” rating reaffirmed by Raymond James Financial, Inc..
• 1/14/2026 – Walmart had its “buy” rating reaffirmed by TD Cowen.
• 1/14/2026 – Walmart had its “outperform” rating reaffirmed by BMO Capital Markets.
• 1/14/2026 – Walmart had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $126.00 price target on the stock, up from $123.00.
• 1/14/2026 – Walmart had its “buy” rating reaffirmed by BTIG Research. They now have a $125.00 price target on the stock.
• 1/14/2026 – Walmart had its “outperform” rating reaffirmed by Telsey Advisory Group. They now have a $135.00 price target on the stock.
• 1/13/2026 – Walmart was given a new $121.00 price target by The Goldman Sachs Group, Inc.. They now have a “buy” rating on the stock.

Walmart Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 4th. Investors of record on Friday, December 11th will be paid a dividend of $0.2475 per share. The ex-dividend date of this dividend is Friday, December 11th. This represents a $0.99 dividend on an annualized basis and a dividend yield of 0.8%. Walmart’s payout ratio is 34.31%.

Insiders Place Their Bets

In other news, CEO John R. Furner sold 13,125 shares of the business’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $129.10, for a total value of $1,694,437.50. Following the completion of the transaction, the chief executive officer owned 591,084 shares of the company’s stock, valued at $76,308,944.40. The trade was a 2.17% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Latriece Watkins sold 10,000 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $121.46, for a total transaction of $1,214,600.00. Following the completion of the sale, the executive vice president owned 108,294 shares of the company’s stock, valued at approximately $13,153,389.24. This represents a 8.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 279,703 shares of company stock valued at $34,140,843 in the last ninety days. 0.10% of the stock is currently owned by insiders.

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.