Walmart (NYSE:WMT) Price Target Cut to $127.00 by Analysts at JPMorgan Chase & Co.

Walmart (NYSE:WMT) had its target price decreased by JPMorgan Chase & Co. from $130.00 to $127.00 in a research report released on Friday morning,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the retailer’s stock.

Other analysts have also issued research reports about the stock. DA Davidson reaffirmed a “buy” rating and issued a $117.00 price objective on shares of Walmart in a research report on Friday, May 16th. Robert W. Baird lifted their price objective on shares of Walmart from $100.00 to $110.00 and gave the stock an “outperform” rating in a research report on Friday, May 16th. Guggenheim reaffirmed a “buy” rating and issued a $115.00 price objective (up previously from $112.00) on shares of Walmart in a research report on Monday. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Walmart in a research report on Monday, May 5th. Finally, Oppenheimer lifted their price objective on shares of Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 13th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $110.07.

Walmart Stock Down 1.2%

Walmart stock opened at $96.8190 on Friday. Walmart has a 1-year low of $75.01 and a 1-year high of $105.30. The firm has a market capitalization of $772.66 billion, a price-to-earnings ratio of 36.40, a price-to-earnings-growth ratio of 4.75 and a beta of 0.66. The firm’s fifty day moving average price is $97.99 and its two-hundred day moving average price is $95.63. The company has a current ratio of 0.79, a quick ratio of 0.22 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT) last released its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same period in the previous year, the business earned $0.67 earnings per share. The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, equities research analysts predict that Walmart will post 2.55 earnings per share for the current fiscal year.

Walmart Announces Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Monday, August 18th will be given a $0.235 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a dividend yield of 90.0%. Walmart’s payout ratio is 35.34%.

Insider Buying and Selling at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, July 17th. The shares were sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the sale, the executive vice president owned 932,313 shares of the company’s stock, valued at approximately $88,700,258.82. This represents a 1.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the company’s stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $98.30, for a total transaction of $216,260.00. Following the sale, the executive vice president directly owned 626,118 shares in the company, valued at $61,547,399.40. This trade represents a 0.35% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 88,841 shares of company stock worth $8,565,205 in the last ninety days. Insiders own 0.10% of the company’s stock.

Institutional Trading of Walmart

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in Walmart by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock worth $42,223,116,000 after acquiring an additional 5,856,468 shares during the period. Kingstone Capital Partners Texas LLC grew its stake in Walmart by 397,264.9% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock worth $10,496,702,000 after buying an additional 104,488,610 shares in the last quarter. Geode Capital Management LLC grew its stake in Walmart by 0.3% in the 2nd quarter. Geode Capital Management LLC now owns 94,557,532 shares of the retailer’s stock worth $9,199,712,000 after buying an additional 263,718 shares in the last quarter. Norges Bank purchased a new position in Walmart in the 2nd quarter worth approximately $5,367,770,000. Finally, Northern Trust Corp grew its stake in Walmart by 8.9% in the 4th quarter. Northern Trust Corp now owns 43,641,936 shares of the retailer’s stock worth $3,943,049,000 after buying an additional 3,550,037 shares in the last quarter. 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.