Q3 EPS Estimates for Walmart Cut by Telsey Advisory Group

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Walmart Inc. (NYSE:WMT - Free Report) - Equities research analysts at Telsey Advisory Group decreased their Q3 2026 EPS estimates for shares of Walmart in a research note issued on Friday, May 16th. Telsey Advisory Group analyst J. Feldman now anticipates that the retailer will earn $0.58 per share for the quarter, down from their previous forecast of $0.60. Telsey Advisory Group has a "Outperform" rating and a $115.00 price target 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.

Several other research firms have also recently commented on WMT. DA Davidson reiterated a "buy" rating and set a $117.00 price target on shares of Walmart in a report on Friday. KeyCorp boosted their price target on shares of Walmart from $100.00 to $105.00 and gave the stock an "overweight" rating in a report on Friday, February 21st. The Goldman Sachs Group reiterated a "buy" rating on shares of Walmart in a report on Wednesday, March 26th. StockNews.com upgraded shares of Walmart from a "hold" rating to a "buy" rating in a report on Monday, May 12th. Finally, Morgan Stanley reiterated an "overweight" rating and set a $115.00 price target (up previously from $106.00) on shares of Walmart in a report on Thursday, February 13th. Two analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $104.94.

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Read Our Latest Analysis on Walmart

Walmart Price Performance

Shares of WMT opened at $98.26 on Monday. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. Walmart has a fifty-two week low of $63.87 and a fifty-two week high of $105.30. The company has a market cap of $786.18 billion, a P/E ratio of 40.77, a PEG ratio of 4.42 and a beta of 0.70. The firm's 50 day moving average price is $91.19 and its 200 day moving average price is $92.55.

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Walmart (NYSE:WMT - Get Free Report) last announced its earnings results on Thursday, May 15th. The retailer reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.03. Walmart had a net margin of 2.85% and a return on equity of 21.87%. The firm had revenue of $165.61 billion for the quarter, compared to the consensus estimate of $164.53 billion. During the same period in the prior year, the firm earned $0.60 EPS. The firm's revenue for the quarter was up 2.5% on a year-over-year basis.

Walmart Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Monday, May 12th will be given a dividend of $0.235 per share. The ex-dividend date is Friday, May 9th. This represents a yield of 0.95%. Walmart's payout ratio is currently 39.00%.

Insiders Place Their Bets

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of the company's 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 transaction, the chief executive officer now owns 3,558,247 shares in the company, valued at approximately $344,972,046.65. This represents a 0.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Daniel J. Bartlett sold 1,600 shares of the company's stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $103.99, for a total transaction of $166,384.00. Following the transaction, the executive vice president now owns 423,597 shares of the company's stock, valued at approximately $44,049,852.03. The trade was a 0.38% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 133,857 shares of company stock worth $12,444,743. 45.58% of the stock is owned by insiders.

Hedge Funds Weigh In On Walmart

A number of large investors have recently made changes to their positions in the stock. Woodline Partners LP increased its holdings in shares of Walmart by 40.6% in the 1st quarter. Woodline Partners LP now owns 366,499 shares of the retailer's stock valued at $32,175,000 after purchasing an additional 105,824 shares in the last quarter. American Trust increased its holdings in shares of Walmart by 10.7% in the 1st quarter. American Trust now owns 12,270 shares of the retailer's stock valued at $1,077,000 after purchasing an additional 1,185 shares in the last quarter. McIlrath & Eck LLC increased its holdings in shares of Walmart by 47.9% in the 1st quarter. McIlrath & Eck LLC now owns 5,298 shares of the retailer's stock valued at $465,000 after purchasing an additional 1,716 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of Walmart by 57.2% in the 1st quarter. Empowered Funds LLC now owns 250,141 shares of the retailer's stock valued at $21,960,000 after purchasing an additional 91,016 shares in the last quarter. Finally, Faithward Advisors LLC increased its holdings in shares of Walmart by 4.1% in the 1st quarter. Faithward Advisors LLC now owns 11,012 shares of the retailer's stock valued at $967,000 after purchasing an additional 432 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

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.

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