DA Davidson Brokers Increase Earnings Estimates for Walmart

Walmart Inc. (NYSE:WMT) – Equities research analysts at DA Davidson upped their FY2026 EPS estimates for Walmart in a research note issued on Friday, November 21st. DA Davidson analyst M. Baker now anticipates that the retailer will earn $2.64 per share for the year, up from their prior forecast of $2.62. DA Davidson has a “Buy” rating and a $130.00 price objective on the stock. The consensus estimate for Walmart’s current full-year earnings is $2.55 per share. DA Davidson also issued estimates for Walmart’s Q4 2026 earnings at $0.73 EPS and FY2027 earnings at $2.85 EPS.

A number of other equities research analysts have also recently weighed in on WMT. Wolfe Research began coverage on Walmart in a research note on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price objective for the company. Bank of America lifted their target price on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 17th. The Goldman Sachs Group increased their price target on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. Finally, Telsey Advisory Group increased their target price on shares of Walmart from $118.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday. Thirty-one investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $118.55.

Walmart Stock Down 1.4%

Shares of NYSE WMT opened at $103.85 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 business’s 50 day moving average is $103.53 and its two-hundred day moving average is $99.96. Walmart has a 52-week low of $79.81 and a 52-week high of $109.57. The firm has a market cap of $827.98 billion, a price-to-earnings ratio of 39.04, a PEG ratio of 4.83 and a beta of 0.67.

Walmart (NYSE:WMT) last released its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. The business had revenue of $179.50 billion for the quarter, compared to the consensus estimate of $175.15 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business’s revenue was up 5.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS.

Insider Activity

In other news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction on Thursday, October 16th. The shares were sold at an average price of $107.78, for a total transaction of $1,414,612.50. Following the completion of the sale, the executive vice president directly owned 892,940 shares of the company’s stock, valued at approximately $96,241,073.20. The trade was a 1.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Suresh Kumar sold 30,000 shares of the business’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the transaction, the chief technology officer owned 1,787,200 shares of the company’s stock, valued at approximately $184,921,584. The trade was a 1.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 151,013 shares of company stock worth $15,616,747 over the last three months. Insiders own 0.10% of the company’s stock.

Institutional Trading of Walmart

A number of institutional investors have recently bought and sold shares of the business. Revolve Wealth Partners LLC boosted its holdings in Walmart by 1.0% in the third quarter. Revolve Wealth Partners LLC now owns 9,926 shares of the retailer’s stock valued at $1,023,000 after purchasing an additional 96 shares in the last quarter. Atlas Legacy Advisors LLC lifted its position in shares of Walmart by 1.1% during the 2nd quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock worth $851,000 after buying an additional 98 shares during the last quarter. Meridian Wealth Partners LLC boosted its holdings in shares of Walmart by 2.1% in the 2nd quarter. Meridian Wealth Partners LLC now owns 4,804 shares of the retailer’s stock valued at $470,000 after buying an additional 99 shares in the last quarter. Hemington Wealth Management grew its position in shares of Walmart by 1.8% in the 3rd quarter. Hemington Wealth Management now owns 5,695 shares of the retailer’s stock valued at $586,000 after buying an additional 99 shares during the last quarter. Finally, Boomfish Wealth Group LLC raised its stake in Walmart by 2.7% during the 3rd quarter. Boomfish Wealth Group LLC now owns 3,701 shares of the retailer’s stock worth $381,000 after acquiring an additional 99 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

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.