Q3 EPS Estimates for Walmart Cut by Telsey Advisory Group

Walmart Inc. (NYSE:WMT) – Research analysts at Telsey Advisory Group decreased their Q3 2026 earnings per share estimates for Walmart in a report issued on Friday, May 16th. Telsey Advisory Group analyst J. Feldman now anticipates that the retailer will post earnings per share of $0.58 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.

Walmart (NYSE:WMT) last announced its earnings results on Thursday, May 15th. The retailer reported $0.61 earnings per share 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 business had revenue of $165.61 billion during the quarter, compared to analysts’ expectations of $164.53 billion. During the same quarter last year, the business posted $0.60 earnings per share. The company’s quarterly revenue was up 2.5% on a year-over-year basis.

A number of other research firms have also weighed in on WMT. Evercore ISI decreased their price target on Walmart from $107.00 to $100.00 and set an “outperform” rating for the company in a research report on Tuesday, March 11th. Guggenheim reiterated a “buy” rating and issued a $100.00 price target on shares of Walmart in a research report on Monday, February 24th. Erste Group Bank lowered Walmart from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 17th. DZ Bank upgraded Walmart from a “hold” rating to a “buy” rating and set a $110.00 price objective for the company in a research report on Tuesday, February 25th. Finally, Mizuho assumed coverage on Walmart in a research report on Friday, April 11th. They set an “outperform” rating and a $105.00 price objective for the company. Two research analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $104.94.

Walmart Trading Down 0.3%

NYSE:WMT opened at $97.81 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 1-year low of $64.16 and a 1-year high of $105.30. The firm has a market capitalization of $782.57 billion, a price-to-earnings ratio of 40.59, a price-to-earnings-growth ratio of 4.42 and a beta of 0.70. The stock has a fifty day simple moving average of $91.72 and a 200 day simple moving average of $92.70.

Walmart Dividend Announcement

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

Insider Buying and Selling at Walmart

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the 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 sale, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $96.15, for a total value of $1,261,968.75. Following the sale, the executive vice president now owns 460,672 shares in the company, valued at $44,293,612.80. The trade was a 2.77% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 134,035 shares of company stock worth $12,445,082 over the last three months. Company insiders own 45.58% of the company’s stock.

Hedge Funds Weigh In On Walmart

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WMT. Vanguard Group Inc. raised its position in shares of Walmart by 0.8% during the first quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer’s stock worth $37,395,120,000 after purchasing an additional 3,224,154 shares during the period. Geode Capital Management LLC increased its position in shares of Walmart by 3.4% during the 4th quarter. Geode Capital Management LLC now owns 90,635,238 shares of the retailer’s stock worth $8,167,186,000 after purchasing an additional 3,017,829 shares during the last quarter. Norges Bank acquired a new position in shares of Walmart during the 4th quarter worth approximately $5,737,355,000. Fisher Asset Management LLC boosted its stake in Walmart by 2.4% in the 4th quarter. Fisher Asset Management LLC now owns 48,793,045 shares of the retailer’s stock valued at $4,408,452,000 after purchasing an additional 1,133,201 shares during the period. Finally, Northern Trust Corp boosted its stake in Walmart by 8.9% in the 4th quarter. Northern Trust Corp now owns 43,641,936 shares of the retailer’s stock valued at $3,943,049,000 after purchasing an additional 3,550,037 shares during the period. 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.