WalmartWMT
About: Walmart serves as the preeminent retailer in the United States, with its strategy predicated on superior operating efficiency and offering the lowest priced goods to consumers to drive robust store traffic and product turnover. Walmart augmented its low-price business strategy by offering a convenient one-stop shopping destination with the opening of its first supercenter in 1988.Today, Walmart operates over 4,600 stores in the United States (5,200 including Sam's Club) and over 10,000 stores globally. Walmart generated over $440 billion in domestic namesake sales in fiscal 2024, with Sam's Club contributing another $86 billion to the company's top line. Internationally, Walmart generated $115 billion in sales. The retailer serves around 240 million customers globally each week.
Employees: 2,100,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
64% more first-time investments, than exits
New positions opened: 242 | Existing positions closed: 148
46% more funds holding in top 10
Funds holding in top 10: 101 [Q1] → 147 (+46) [Q2]
23% more repeat investments, than reductions
Existing positions increased: 1,468 | Existing positions reduced: 1,195
14% more capital invested
Capital invested by funds: $167B [Q1] → $190B (+$22.7B) [Q2]
3% more funds holding
Funds holding: 3,130 [Q1] → 3,224 (+94) [Q2]
0.24% more ownership
Funds ownership: 34.29% [Q1] → 34.54% (+0.24%) [Q2]
2% less call options, than puts
Call options by funds: $3.05B | Put options by funds: $3.11B
Research analyst outlook
33 Wall Street Analysts provided 1 year price targets over the past 3 months
33 analyst ratings
Telsey Advisory Group Joe Feldman 100% 1-year accuracy 3 / 3 met price target | 16%upside $92 | Outperform Maintained | 8 Oct 2024 |
Baird Peter Benedict 73% 1-year accuracy 11 / 15 met price target | 13%upside $90 | Outperform Maintained | 30 Sept 2024 |
Citigroup Paul Lejuez 57% 1-year accuracy 20 / 35 met price target | 23%upside $98 | Buy Maintained | 27 Sept 2024 |
Truist Securities Scot Ciccarelli 60% 1-year accuracy 40 / 67 met price target | 12%upside $89 | Buy Upgraded | 24 Sept 2024 |
Melius Research Karen Short 64% 1-year accuracy 7 / 11 met price target | 19%upside $95 | Buy Initiated | 23 Sept 2024 |
Financial journalist opinion
Based on 97 articles about WMT published over the past 30 days