Walmart (NYSE:WMT) Updates Q3 2026 Earnings Guidance

Walmart (NYSE:WMT) issued an update on its third quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.580-0.600 for the period, compared to the consensus EPS estimate of 0.569. The company issued revenue guidance of $175.9 billion-$177.6 billion, compared to the consensus revenue estimate of $176.3 billion. Walmart also updated its FY 2026 guidance to 2.520-2.620 EPS.

Walmart Stock Down 1.2%

Shares of WMT opened at $96.8190 on Friday. The stock has a market cap of $772.66 billion, a price-to-earnings ratio of 36.40, a P/E/G ratio of 4.75 and a beta of 0.66. The company has a quick ratio of 0.22, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. Walmart has a 12 month low of $75.01 and a 12 month high of $105.30. The company has a 50-day moving average price of $97.99 and a two-hundred day moving average price of $95.63.

Walmart (NYSE:WMT) last announced its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The business 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 21.45% and a net margin of 3.08%.The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Equities analysts predict that Walmart will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The business also recently announced a dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Monday, August 18th will be given a dividend of $0.235 per share. This represents a dividend yield of 90.0%. The ex-dividend date is Friday, August 15th. Walmart’s payout ratio is presently 35.34%.

Analysts Set New Price Targets

Several research analysts have weighed in on WMT shares. Mizuho reiterated an “outperform” rating and set a $115.00 target price on shares of Walmart in a report on Wednesday, August 13th. DA Davidson reaffirmed a “buy” rating and issued a $117.00 price objective on shares of Walmart in a research report on Friday, May 16th. Citigroup reaffirmed a “buy” rating on shares of Walmart in a research report on Tuesday, May 6th. Telsey Advisory Group boosted their price objective on shares of Walmart from $115.00 to $118.00 and gave the company an “outperform” rating in a research report on Friday. Finally, Guggenheim reissued a “buy” rating and set a $115.00 price target (up from $112.00) on shares of Walmart in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $110.07.

Insider Buying and Selling

In other news, EVP Daniel J. Bartlett sold 1,655 shares of the company’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $100.38, for a total value of $166,128.90. Following the sale, the executive vice president directly owned 647,578 shares of the company’s stock, valued at approximately $65,003,879.64. This represents a 0.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the completion of the sale, the executive vice president directly owned 932,313 shares in the company, valued at approximately $88,700,258.82. The trade was a 1.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 88,841 shares of company stock worth $8,565,205 in the last 90 days. 0.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Walmart

A number of institutional investors and hedge funds have recently modified their holdings of WMT. Corient Private Wealth LLC raised its holdings in Walmart by 95.9% in the 2nd quarter. Corient Private Wealth LLC now owns 4,050,053 shares of the retailer’s stock valued at $396,018,000 after acquiring an additional 1,982,295 shares during the period. Worldquant Millennium Advisors LLC raised its holdings in Walmart by 1,991.9% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 2,549,719 shares of the retailer’s stock valued at $249,312,000 after acquiring an additional 2,427,834 shares during the period. Captrust Financial Advisors raised its holdings in Walmart by 0.3% in the 2nd quarter. Captrust Financial Advisors now owns 1,115,678 shares of the retailer’s stock valued at $109,091,000 after acquiring an additional 2,958 shares during the period. MML Investors Services LLC raised its holdings in Walmart by 4.2% in the 2nd quarter. MML Investors Services LLC now owns 1,092,319 shares of the retailer’s stock valued at $106,807,000 after acquiring an additional 44,525 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Walmart by 3.4% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 637,319 shares of the retailer’s stock valued at $62,317,000 after acquiring an additional 20,971 shares during the period. 26.76% of the stock is owned by 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.