Q3 EPS Estimates for Walmart Lifted by Telsey Advisory Group

Walmart Inc. (NYSE:WMT) – Equities researchers at Telsey Advisory Group lifted their Q3 2026 EPS estimates for Walmart in a note issued to investors on Thursday, August 21st. Telsey Advisory Group analyst J. Feldman now expects that the retailer will post earnings per share of $0.61 for the quarter, up from their previous forecast of $0.58. Telsey Advisory Group has a “Outperform” rating and a $118.00 price objective on the stock. The consensus estimate for Walmart’s current full-year earnings is $2.55 per share. Telsey Advisory Group also issued estimates for Walmart’s Q4 2026 earnings at $0.74 EPS, FY2026 earnings at $2.64 EPS, Q1 2027 earnings at $0.68 EPS, Q2 2027 earnings at $0.78 EPS, Q3 2027 earnings at $0.68 EPS, Q4 2027 earnings at $0.82 EPS and FY2027 earnings at $2.97 EPS.

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

Several other equities analysts also recently issued reports on WMT. Mizuho reaffirmed an “outperform” rating and set a $115.00 price objective on shares of Walmart in a report on Wednesday, August 13th. DA Davidson reaffirmed a “buy” rating and set a $117.00 price objective on shares of Walmart in a report on Friday, May 16th. Truist Financial decreased their price target on shares of Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. Citigroup reissued a “buy” rating on shares of Walmart in a research note on Tuesday, May 6th. Finally, Robert W. Baird raised their price target on shares of Walmart from $100.00 to $110.00 and gave the stock an “outperform” rating in a research note on Friday, May 16th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $110.59.

Walmart Stock Performance

WMT opened at $96.03 on Monday. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The company has a market cap of $766.36 billion, a price-to-earnings ratio of 36.10, a PEG ratio of 4.63 and a beta of 0.66. Walmart has a 52-week low of $75.67 and a 52-week high of $105.30. The firm’s fifty day simple moving average is $98.07 and its two-hundred day simple moving average is $95.50.

Institutional Investors Weigh In On Walmart

A number of institutional investors have recently made changes to their positions in the stock. Claris Financial LLC increased its position in shares of Walmart by 15.6% during the second quarter. Claris Financial LLC now owns 4,538 shares of the retailer’s stock valued at $444,000 after acquiring an additional 611 shares during the last quarter. MASTERINVEST Kapitalanlage GmbH acquired a new position in shares of Walmart in the second quarter valued at approximately $7,497,000. Silverlake Wealth Management LLC grew its holdings in shares of Walmart by 46.7% in the second quarter. Silverlake Wealth Management LLC now owns 16,174 shares of the retailer’s stock valued at $1,581,000 after purchasing an additional 5,148 shares in the last quarter. Hilltop Partners LLC grew its holdings in shares of Walmart by 18.9% in the second quarter. Hilltop Partners LLC now owns 17,403 shares of the retailer’s stock valued at $1,702,000 after purchasing an additional 2,772 shares in the last quarter. Finally, Fulcrum Equity Management grew its holdings in shares of Walmart by 1.6% in the second quarter. Fulcrum Equity Management now owns 15,693 shares of the retailer’s stock valued at $1,534,000 after purchasing an additional 243 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Walmart news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction dated 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 transaction, the executive vice president directly owned 932,313 shares of the company’s stock, valued at $88,700,258.82. The trade was a 1.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $98.30, for a total transaction of $216,260.00. Following the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold 101,966 shares of company stock valued at $9,858,673 over the last three months. 0.10% of the stock is currently owned by company insiders.

Walmart Announces Dividend

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

About Walmart

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.