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 Q3 regulatory filings by fund managers ($100M+ AUM)
39% more first-time investments, than exits
New positions opened: 268 | Existing positions closed: 193
27% more funds holding in top 10
Funds holding in top 10: 147 [Q2] → 186 (+39) [Q3]
25% more call options, than puts
Call options by funds: $5.07B | Put options by funds: $4.07B
13% more capital invested
Capital invested by funds: $195B [Q2] → $221B (+$25.2B) [Q3]
2% more funds holding
Funds holding: 3,238 [Q2] → 3,313 (+75) [Q3]
5% more repeat investments, than reductions
Existing positions increased: 1,385 | Existing positions reduced: 1,317
1.67% less ownership
Funds ownership: 35.6% [Q2] → 33.93% (-1.67%) [Q3]
Research analyst outlook
20 Wall Street Analysts provided 1 year price targets over the past 3 months
20 analyst ratings
Jefferies Corey Tarlowe 57% 1-year accuracy 12 / 21 met price target | 19%upside $100 | Buy Maintained | 15 Nov 2024 |
Telsey Advisory Group Joseph Feldman 56% 1-year accuracy 90 / 160 met price target | 9%upside $92 | Outperform Maintained | 13 Nov 2024 |
Morgan Stanley Simeon Gutman 54% 1-year accuracy 19 / 35 met price target | 6%upside $89 | Overweight Maintained | 12 Nov 2024 |
Keybanc Bradley Thomas 75% 1-year accuracy 12 / 16 met price target | 4%upside $88 | Overweight Maintained | 7 Nov 2024 |
Wells Fargo Edward Kelly 59% 1-year accuracy 17 / 29 met price target | 7%upside $90 | Overweight Maintained | 31 Oct 2024 |
Financial journalist opinion
Based on 79 articles about WMT published over the past 30 days
