Walmart Q3 EPS Forecast Decreased by Telsey Advisory Group

Walmart Inc. (NYSE:WMT - Free Report) - Stock analysts at Telsey Advisory Group decreased their Q3 2026 earnings estimates for Walmart in a research report issued to clients and investors 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 prior estimate of $0.60. Telsey Advisory Group currently has a "Outperform" rating and a $115.00 target price 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.

A number of other equities analysts have also recently issued reports on the stock. Barclays restated an "overweight" rating on shares of Walmart in a research note on Friday, February 28th. Mizuho began coverage on shares of Walmart in a research report on Friday, April 11th. They issued an "outperform" rating and a $105.00 price target for the company. Evercore ISI decreased their price objective on Walmart from $107.00 to $100.00 and set an "outperform" rating on the stock in a report on Tuesday, March 11th. Erste Group Bank cut Walmart from a "strong-buy" rating to a "hold" rating in a report on Monday, March 17th. Finally, The Goldman Sachs Group reaffirmed a "buy" rating on shares of Walmart in a research note on Wednesday, March 26th. Two investment 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. According to data from MarketBeat.com, Walmart currently has an average rating of "Moderate Buy" and a consensus target price of $104.94.

Walmart Stock Performance

WMT stock traded down $0.31 during midday trading on Monday, hitting $97.81. The stock had a trading volume of 15,595,679 shares, compared to its average volume of 17,845,813. Walmart has a 52 week low of $63.87 and a 52 week high of $105.30. The company has a current ratio of 0.82, a quick ratio of 0.23 and a debt-to-equity ratio of 0.40. The stock has a 50-day simple moving average of $91.45 and a 200 day simple moving average of $92.66. The firm has a market capitalization of $782.57 billion, a price-to-earnings ratio of 40.59, a P/E/G ratio of 4.42 and a beta of 0.70.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly 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. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The firm had revenue of $165.61 billion during the quarter, compared to analysts' expectations of $164.53 billion. During the same quarter in the prior year, the firm posted $0.60 EPS. The company's revenue for the quarter was up 2.5% on a year-over-year basis.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in WMT. FPC Investment Advisory Inc. bought a new stake in shares of Walmart in the 4th quarter valued at about $25,000. Horizon Financial Services LLC raised its stake in Walmart by 1,007.7% in the fourth quarter. Horizon Financial Services LLC now owns 288 shares of the retailer's stock valued at $26,000 after buying an additional 262 shares during the period. Fiduciary Advisors Inc. acquired a new stake in shares of Walmart in the fourth quarter valued at approximately $27,000. Operose Advisors LLC boosted its stake in shares of Walmart by 319.7% during the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after acquiring an additional 243 shares during the period. Finally, Bear Mountain Capital Inc. increased its holdings in shares of Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after acquiring an additional 167 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Insider Buying and Selling

In other news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $85.63, for a total value of $2,493,888.12. Following the sale, the chief executive officer now directly owns 3,972,517 shares in the company, valued at $340,166,630.71. This trade represents a 0.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP John R. Furner sold 13,125 shares of the business's stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $96.15, for a total transaction of $1,261,968.75. Following the completion of the sale, the executive vice president now directly owns 460,672 shares in the company, valued at approximately $44,293,612.80. This represents a 2.77% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 134,035 shares of company stock valued at $12,445,082. Company insiders own 45.58% of the company's stock.

Walmart Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 12th will be given a $0.235 dividend. The ex-dividend date is Friday, May 9th. This represents a yield of 0.95%. Walmart's dividend payout ratio is currently 40.17%.

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.