Walmart (NYSE:WMT) Announces Quarterly Earnings Results

Walmart (NYSE:WMT - Get Free Report) released its quarterly earnings data on Thursday. The retailer reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.03, RTT News reports. 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 quarter in the prior year, the company posted $0.60 earnings per share. Walmart updated its Q2 2026 guidance to EPS.

Walmart Price Performance

Shares of NYSE WMT traded up $1.91 during mid-day trading on Friday, reaching $98.26. 33,699,272 shares of the company traded hands, compared to its average volume of 17,891,939. The firm has a market cap of $786.18 billion, a PE ratio of 40.77, a price-to-earnings-growth ratio of 4.42 and a beta of 0.70. Walmart has a fifty-two week low of $63.63 and a fifty-two week high of $105.30. The stock has a fifty day simple moving average of $90.98 and a 200-day simple moving average of $92.29. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23.

Walmart Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Erste Group Bank downgraded shares of Walmart from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 17th. Robert W. Baird boosted their price objective on shares of Walmart from $100.00 to $110.00 and gave the stock an "outperform" rating in a report on Friday. DA Davidson reiterated a "buy" rating and set a $117.00 price target on shares of Walmart in a report on Friday. Morgan Stanley reiterated an "overweight" rating and set a $115.00 price target (up from $106.00) on shares of Walmart in a report on Thursday, February 13th. Finally, Truist Financial upped their target price on shares of Walmart from $107.00 to $111.00 and gave the stock a "buy" rating in a research report on Friday. Two analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $104.94.

Insider Buying and Selling at Walmart

In related news, EVP John D. Rainey sold 2,200 shares of the company's stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $97.37, for a total value of $214,214.00. Following the completion of the sale, the executive vice president now directly owns 632,718 shares in the company, valued at approximately $61,607,751.66. This represents a 0.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of the company's stock in a transaction on Thursday, February 27th. The stock was 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 owns 3,558,247 shares of the company's stock, valued at $344,972,046.65. This represents a 0.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 133,857 shares of company stock valued at $12,444,743. Corporate insiders own 45.58% of the company's stock.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Walmart stock. Brighton Jones LLC lifted its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 28.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 98,150 shares of the retailer's stock after acquiring an additional 21,939 shares during the quarter. Brighton Jones LLC's holdings in Walmart were worth $8,868,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 26.76% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.