Walmart (NYSE:WMT) Issues FY 2026 Earnings Guidance

Walmart (NYSE:WMT) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 2.520-2.620 for the period, compared to the consensus EPS estimate of 2.617. The company issued revenue guidance of $703.2 billion-$709.9 billion, compared to the consensus revenue estimate of $706.2 billion. Walmart also updated its Q3 2026 guidance to 0.580-0.600 EPS.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on WMT. Oppenheimer lifted their target price on shares of Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a research report on Wednesday, August 13th. Erste Group Bank raised shares of Walmart from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Citigroup reaffirmed a “buy” rating on shares of Walmart in a research note on Tuesday, May 6th. Sanford C. Bernstein reissued an “outperform” rating on shares of Walmart in a research note on Monday, May 5th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $103.00 price objective (up previously from $102.00) on shares of Walmart in a report on Monday, June 9th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Walmart presently has an average rating of “Buy” and a consensus price target of $109.89.

Walmart Stock Up 1.1%

WMT stock opened at $102.3860 on Thursday. The company has a fifty day moving average price of $97.88 and a 200 day moving average price of $95.67. Walmart has a 12 month low of $74.59 and a 12 month high of $105.30. The company has a market cap of $817.08 billion, a price-to-earnings ratio of 43.75, a price-to-earnings-growth ratio of 4.86 and a beta of 0.66. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.78 and a quick ratio of 0.22.

Walmart Dividend Announcement

The business also recently declared a dividend, which will be paid on Tuesday, September 2nd. Stockholders 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 is 40.17%.

Insider Buying and Selling at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of $95.14, for a total value of $1,248,712.50. Following the sale, the executive vice president directly owned 932,313 shares of the company’s stock, valued at approximately $88,700,258.82. This represents a 1.39% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the firm’s stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $98.30, for a total transaction of $216,260.00. Following the sale, the executive vice president directly owned 626,118 shares in the company, valued at $61,547,399.40. This represents a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 84,841 shares of company stock worth $8,161,365. Company insiders own 0.10% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Brighton Jones LLC raised its holdings in Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after buying an additional 21,939 shares during the period. Revolve Wealth Partners LLC grew its position in shares of Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after buying an additional 485 shares in the last quarter. Vista Capital Partners Inc. acquired a new stake in shares of Walmart during the second quarter worth approximately $310,000. MGB Wealth Management LLC boosted its holdings in Walmart by 7.0% in the second quarter. MGB Wealth Management LLC now owns 38,016 shares of the retailer’s stock worth $3,716,000 after purchasing an additional 2,473 shares during the period. Finally, Graney & King LLC boosted its holdings in Walmart by 9.1% in the second quarter. Graney & King LLC now owns 1,536 shares of the retailer’s stock worth $150,000 after purchasing an additional 128 shares during the period. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

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.