Walmart Q3 EPS Estimate Increased by Telsey Advisory Group

Walmart Inc. (NYSE:WMT - Free Report) - Equities researchers at Telsey Advisory Group upped their Q3 2026 EPS estimates for shares of Walmart in a research note issued on Tuesday, November 19th. Telsey Advisory Group analyst J. Feldman now forecasts that the retailer will post earnings of $0.64 per share for the quarter, up from their previous forecast of $0.59. Telsey Advisory Group has a "Outperform" rating and a $100.00 price objective on the stock. The consensus estimate for Walmart's current full-year earnings is $2.47 per share.

WMT has been the topic of a number of other research reports. Evercore ISI raised their price objective on shares of Walmart from $66.00 to $89.00 and gave the stock an "overweight" rating in a report on Monday. Barclays lifted their price target on Walmart from $78.00 to $90.00 and gave the stock an "overweight" rating in a research report on Friday. Guggenheim increased their price objective on Walmart from $90.00 to $100.00 and gave the company a "buy" rating in a report on Wednesday. TD Cowen upped their price target on shares of Walmart from $90.00 to $100.00 and gave the company a "buy" rating in a research report on Wednesday. Finally, DA Davidson lifted their price objective on shares of Walmart from $75.00 to $85.00 and gave the company a "buy" rating in a research note on Friday, August 16th. Two analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $91.88.

Walmart Stock Up 2.3 %

WMT stock traded up $2.05 during trading on Friday, hitting $90.44. 23,978,302 shares of the company's stock were exchanged, compared to its average volume of 16,883,234. The business has a 50-day moving average price of $81.92 and a two-hundred day moving average price of $73.54. The company has a current ratio of 0.85, a quick ratio of 0.22 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $726.94 billion, a price-to-earnings ratio of 37.05, a PEG ratio of 4.33 and a beta of 0.51. Walmart has a 52-week low of $49.85 and a 52-week high of $90.91.

Walmart (NYSE:WMT - Get Free Report) last posted its earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, beating the consensus estimate of $0.53 by $0.05. The firm had revenue of $169.59 billion for the quarter, compared to analyst estimates of $167.69 billion. Walmart had a return on equity of 21.78% and a net margin of 2.92%. Walmart's revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.51 earnings per share.

Insider Activity

In other Walmart news, EVP John D. Rainey sold 3,000 shares of the stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $77.48, for a total transaction of $232,440.00. Following the sale, the executive vice president now directly owns 384,165 shares of the company's stock, valued at approximately $29,765,104.20. This represents a 0.77 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder S Robson Walton sold 4,057,369 shares of the business's stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $77.20, for a total transaction of $313,228,886.80. Following the sale, the insider now directly owns 611,988,318 shares of the company's stock, valued at approximately $47,245,498,149.60. This represents a 0.66 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 12,337,337 shares of company stock worth $958,823,647. 45.58% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Walmart

Large investors have recently made changes to their positions in the company. Charles Schwab Investment Management Inc. lifted its stake in shares of Walmart by 1.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,236,769 shares of the retailer's stock worth $2,522,369,000 after acquiring an additional 350,881 shares during the period. Oxbow Advisors LLC raised its stake in shares of Walmart by 45.0% in the 3rd quarter. Oxbow Advisors LLC now owns 28,453 shares of the retailer's stock worth $2,298,000 after buying an additional 8,834 shares in the last quarter. Crossmark Global Holdings Inc. raised its stake in shares of Walmart by 21.9% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 587,001 shares of the retailer's stock worth $47,400,000 after buying an additional 105,430 shares in the last quarter. Whalerock Point Partners LLC lifted its holdings in shares of Walmart by 213.5% in the first quarter. Whalerock Point Partners LLC now owns 29,613 shares of the retailer's stock valued at $1,782,000 after buying an additional 20,167 shares during the period. Finally, WFA Asset Management Corp boosted its stake in Walmart by 201.0% during the first quarter. WFA Asset Management Corp now owns 2,092 shares of the retailer's stock valued at $126,000 after buying an additional 1,397 shares in the last quarter. Institutional investors and hedge funds 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.