Walmart (NASDAQ:WMT) Trading Up 2.2% – Still a Buy?

Posted by Brian Himes on Sep 3rd, 2026

Walmart logo Shares of Walmart Inc. (NASDAQ:WMT – Get Free Report) rose 2.2% during trading on Thursday . The stock traded as high as $109.35 and last traded at $108.42. 25,367,742 shares were traded during mid-day trading, a decline of 1% from the average daily volume of 25,720,781 shares. The stock had previously closed at $106.09.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

Positive Sentiment: Walmart is expanding restaurant delivery through a Dunkin’ partnership. Adding Dunkin’ locations to its three-month-old service broadens Walmart’s delivery offering and increases competition with DoorDash and Uber Eats. The initiative could drive customer engagement, delivery volume and potentially higher-margin digital services. Walmart Teams With Dunkin to Expand Restaurant Delivery
Positive Sentiment: Walmart and Amazon are turning fraud prevention into a retail offering. The companies are highlighting tools designed to help protect shoppers from scams and suspicious notifications. A stronger fraud-prevention proposition could improve customer trust while creating another potential digital-service opportunity for Walmart. Amazon and Walmart Turn Fraud Prevention Into a Retail Product
Positive Sentiment: Haleon secured improved shelf placement at Walmart and Target. Better visibility for brands such as Sensodyne could support sales of health and personal-care products at Walmart and reinforce the retailer’s importance to major consumer-goods suppliers. Haleon Secures Better Shelf Space at Walmart and Target
Neutral Sentiment: Executive selling was limited and pre-arranged. EVP Daniel Bartlett sold 3,950 shares for approximately $415,000, reducing his position by 0.63%. Because the transaction occurred under a Rule 10b5-1 plan and he retains more than 622,000 shares, it is a limited signal about management’s outlook. SEC Insider Trading Filing
Negative Sentiment: The U.S. Department of Justice expanded its beef-price investigation to Walmart and other major retailers. The inquiry into rising retail beef prices introduces potential legal, compliance and reputational risks, although the reports do not establish wrongdoing by Walmart. DOJ Expands Beef Price Investigation

Analysts Set New Price Targets

WMT has been the topic of a number of recent analyst reports. Raymond James Financial reissued an “outperform” rating and set a $130.00 price target on shares of Walmart in a research note on Friday, August 21st. Royal Bank Of Canada cut their price target on shares of Walmart from $137.00 to $131.00 and set an “outperform” rating on the stock in a research note on Friday, August 21st. BTIG Research lowered their price objective on shares of Walmart from $145.00 to $140.00 and set a “buy” rating for the company in a research note on Friday, August 21st. TD Cowen restated a “buy” rating on shares of Walmart in a research note on Friday, August 21st. Finally, Wells Fargo & Company cut their price target on shares of Walmart from $140.00 to $120.00 and set an “overweight” rating on the stock in a report on Friday, August 21st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Walmart currently has a consensus rating of “Moderate Buy” and an average target price of $131.88.

Read Our Latest Analysis on Walmart

Walmart Price Performance

The company has a market cap of $860.18 billion, a price-to-earnings ratio of 39.14, a P/E/G ratio of 4.04 and a beta of 0.59. The company’s 50-day simple moving average is $111.12 and its 200-day simple moving average is $119.88. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.23.

Walmart (NASDAQ:WMT – Get Free Report) last posted its earnings results on Thursday, August 20th. The retailer reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.07. The business had revenue of $187.94 billion for the quarter, compared to analysts’ expectations of $186.64 billion. Walmart had a net margin of 3.00% and a return on equity of 21.83%. The business’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.68 earnings per share. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. On average, equities research analysts anticipate that Walmart Inc. will post 2.87 EPS for the current year.

Insider Activity

In other Walmart news, EVP Daniel Danker sold 50,644 shares of the company’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $105.35, for a total value of $5,335,345.40. Following the completion of the transaction, the executive vice president directly owned 201,672 shares of the company’s stock, valued at $21,246,145.20. This represents a 20.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Christopher Nicholas sold 2,900 shares of the firm’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $106.34, for a total value of $308,386.00. Following the sale, the executive vice president owned 569,153 shares of the company’s stock, valued at $60,523,730.02. This represents a 0.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 81,242 shares of company stock worth $8,836,446. 0.09% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Walmart

A number of hedge funds have recently bought and sold shares of the business. MLG Wealth Management DBA Pine Grove Financial Group increased its holdings in Walmart by 17.5% during the 2nd quarter. MLG Wealth Management DBA Pine Grove Financial Group now owns 3,103 shares of the retailer’s stock worth $351,000 after purchasing an additional 463 shares during the last quarter. Planning Project LLC purchased a new position in shares of Walmart during the 2nd quarter valued at approximately $1,480,000. Parrish Capital LLC boosted its stake in shares of Walmart by 2.9% during the 2nd quarter. Parrish Capital LLC now owns 4,873 shares of the retailer’s stock valued at $552,000 after buying an additional 138 shares during the last quarter. Alternative Investment Advisors LLC. grew its position in shares of Walmart by 2.4% during the second quarter. Alternative Investment Advisors LLC. now owns 4,249 shares of the retailer’s stock worth $481,000 after buying an additional 98 shares in the last quarter. Finally, Cornerstone Financial Management LLC grew its position in shares of Walmart by 7.2% during the second quarter. Cornerstone Financial Management LLC now owns 2,616 shares of the retailer’s stock worth $296,000 after buying an additional 176 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Company Profile

(Get Free Report)

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.