Walmart (NYSE:WMT) Releases Quarterly Earnings Results

Key Points

• Walmart reported a quarterly earnings per share (EPS) of $0.68, missing estimates by $0.06, with total revenue of $169.34 billion, which was below the forecast of $174.02 billion.
• The company has updated its guidance for Q3 2026 EPS to 0.580-0.600 and for FY 2026 to 2.520-2.620.
• Walmart announced a dividend of $0.235 per share, with an ex-dividend date of August 15, reflecting a dividend yield of 90.0%.

Walmart (NYSE:WMT - Get Free Report) posted its earnings results on Thursday. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06), Zacks reports. The firm had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.76% and a net margin of 2.75%.Walmart's quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.67 EPS. Walmart updated its Q3 2026 guidance to 0.580-0.600 EPS and its FY 2026 guidance to 2.520-2.620 EPS.

Walmart Price Performance

Shares of NYSE WMT opened at $102.3860 on Thursday. Walmart has a fifty-two week low of $74.59 and a fifty-two week high of $105.30. The company has a 50 day simple moving average of $97.88 and a two-hundred day simple moving average of $95.67. The company has a market capitalization of $817.08 billion, a price-to-earnings ratio of 43.75, a P/E/G ratio of 4.86 and a beta of 0.66. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.22 and a current ratio of 0.78.

Walmart Announces Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, August 18th will be paid a dividend of $0.235 per share. The ex-dividend date of this dividend is Friday, August 15th. This represents a dividend yield of 90.0%. Walmart's dividend payout ratio (DPR) is currently 40.17%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on WMT shares. KeyCorp lifted their price objective on shares of Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a research note on Monday, June 9th. Royal Bank Of Canada restated an "outperform" rating and set a $103.00 price target (up from $102.00) on shares of Walmart in a research report on Monday, June 9th. Truist Financial boosted their price target on shares of Walmart from $107.00 to $111.00 and gave the company a "buy" rating in a research report on Friday, May 16th. Telsey Advisory Group reaffirmed an "outperform" rating and set a $115.00 price objective on shares of Walmart in a report on Thursday, August 14th. Finally, DA Davidson reissued a "buy" rating and issued a $117.00 price target on shares of Walmart in a research note on Friday, May 16th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of $109.89.

Insider Buying and Selling at Walmart

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $95.24, for a total transaction of $380,960.00. Following the sale, the executive vice president owned 1,060,455 shares in the company, valued at $100,997,734.20. This represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction that occurred on Thursday, July 24th. The shares were sold at an average price of $95.58, for a total transaction of $1,855,781.28. Following the sale, the chief executive officer owned 4,412,398 shares in the company, valued at approximately $421,737,000.84. The trade was a 0.44% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 84,841 shares of company stock valued at $8,161,365. 0.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Walmart

Several institutional investors and hedge funds have recently added to or reduced their stakes in WMT. Brighton Jones LLC boosted its holdings in Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock worth $8,868,000 after purchasing an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of Walmart by 5.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock worth $800,000 after acquiring an additional 485 shares during the last quarter. Peterson Wealth Management boosted its stake in shares of Walmart by 3.5% during the 1st quarter. Peterson Wealth Management now owns 50,307 shares of the retailer's stock worth $4,416,000 after acquiring an additional 1,715 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Walmart by 3.4% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 637,319 shares of the retailer's stock worth $62,317,000 after acquiring an additional 20,971 shares during the last quarter. Finally, Betterment LLC boosted its stake in shares of Walmart by 8.1% during the 2nd quarter. Betterment LLC now owns 7,549 shares of the retailer's stock worth $738,000 after acquiring an additional 564 shares during 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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