Q3 EPS Estimates for Walmart Cut by Telsey Advisory Group

Walmart Inc. (NYSE:WMT) – Stock analysts at Telsey Advisory Group reduced their Q3 2026 earnings per share (EPS) estimates for shares of Walmart in a report issued on Friday, May 16th. Telsey Advisory Group analyst J. Feldman now forecasts that the retailer will earn $0.58 per share for the quarter, down from their prior forecast of $0.60. Telsey Advisory Group has a “Outperform” rating and a $115.00 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 $0.69 EPS, Q1 2027 earnings at $0.66 EPS, Q2 2027 earnings at $0.79 EPS, Q3 2027 earnings at $0.66 EPS and Q4 2027 earnings at $0.78 EPS.

Walmart (NYSE:WMT) last announced its earnings results on Thursday, May 15th. The retailer reported $0.61 EPS for the quarter, beating the consensus estimate of $0.58 by $0.03. The company had revenue of $165.61 billion for the quarter, compared to analyst estimates of $164.53 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.60 EPS.

A number of other brokerages also recently commented on WMT. UBS Group decreased their price target on Walmart from $112.00 to $110.00 and set a “buy” rating for the company in a research report on Thursday, April 10th. Mizuho started coverage on Walmart in a research report on Friday, April 11th. They issued an “outperform” rating and a $105.00 price target for the company. Raymond James dropped their price objective on Walmart from $115.00 to $105.00 and set an “outperform” rating for the company in a research note on Friday, April 11th. Barclays reaffirmed an “overweight” rating on shares of Walmart in a research note on Friday, February 28th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of Walmart in a report on Wednesday, March 26th. Two investment analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $104.94.

Walmart Stock Down 0.3%

Shares of NYSE:WMT opened at $97.81 on Monday. Walmart has a 52-week low of $64.16 and a 52-week high of $105.30. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. The business’s 50 day simple moving average is $91.72 and its two-hundred day simple moving average is $92.70. The firm has a market cap of $782.57 billion, a P/E ratio of 40.59, a PEG ratio of 4.42 and a beta of 0.70.

Walmart Dividend Announcement

The business also recently announced a dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 12th will be issued a $0.235 dividend. The ex-dividend date is Friday, May 9th. This represents a yield of 0.95%. Walmart’s dividend payout ratio (DPR) is presently 40.17%.

Insider Activity at Walmart

In other news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $96.95, for a total transaction of $2,823,571.80. Following the completion of the sale, the chief executive officer now directly owns 3,558,247 shares of the company’s stock, valued at approximately $344,972,046.65. The trade was a 0.81% 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, EVP Daniel J. Bartlett sold 1,778 shares of the business’s stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $93.77, for a total transaction of $166,723.06. Following the completion of the sale, the executive vice president now directly owns 652,737 shares of the company’s stock, valued at approximately $61,207,148.49. This trade represents a 0.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 134,035 shares of company stock worth $12,445,082. Insiders own 45.58% of the company’s stock.

Institutional Investors Weigh In On Walmart

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Acorns Advisers LLC raised its holdings in shares of Walmart by 10.5% in the first quarter. Acorns Advisers LLC now owns 8,256 shares of the retailer’s stock valued at $725,000 after buying an additional 787 shares during the last quarter. Fortis Capital Advisors LLC increased its holdings in Walmart by 63.2% in the first quarter. Fortis Capital Advisors LLC now owns 4,659 shares of the retailer’s stock valued at $409,000 after buying an additional 1,805 shares in the last quarter. Belpointe Asset Management LLC grew its position in shares of Walmart by 2.4% in the first quarter. Belpointe Asset Management LLC now owns 44,513 shares of the retailer’s stock valued at $3,908,000 after purchasing an additional 1,031 shares during the last quarter. Flaharty Asset Management LLC lifted its stake in shares of Walmart by 3.7% during the first quarter. Flaharty Asset Management LLC now owns 6,459 shares of the retailer’s stock valued at $567,000 after buying an additional 233 shares during the period. Finally, Integrity Alliance LLC. raised its stake in Walmart by 637.3% during the first quarter. Integrity Alliance LLC. now owns 259,197 shares of the retailer’s stock worth $22,755,000 after purchasing an additional 224,044 shares during the period. 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.