Telsey Advisory Group Boosts Earnings Estimates for Walmart

Walmart Inc. (NYSE:WMT) – Research analysts at Telsey Advisory Group increased their Q3 2026 earnings estimates for Walmart in a research report issued to clients and investors on Tuesday, November 19th. Telsey Advisory Group analyst J. Feldman now anticipates that the retailer will post earnings of $0.64 per share for the quarter, up from their prior estimate of $0.59. Telsey Advisory Group currently has a “Outperform” rating and a $100.00 price target on the stock. The consensus estimate for Walmart’s current full-year earnings is $2.47 per share.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. The business 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%. The company’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.51 earnings per share.

Other analysts have also recently issued research reports about the stock. DA Davidson raised their target price on shares of Walmart from $75.00 to $85.00 and gave the company a “buy” rating in a report on Friday, August 16th. Jefferies Financial Group raised their price objective on shares of Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a report on Friday, November 15th. Oppenheimer increased their target price on Walmart from $81.00 to $90.00 and gave the company an “outperform” rating in a report on Monday, October 14th. Sanford C. Bernstein lifted their price target on Walmart from $98.00 to $102.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Walmart from $77.00 to $83.00 and gave the stock a “buy” rating in a research report on Friday, August 16th. Two analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $91.88.

Walmart Price Performance

WMT stock opened at $90.44 on Friday. Walmart has a 1 year low of $49.85 and a 1 year high of $90.91. The firm has a market capitalization of $726.94 billion, a P/E ratio of 37.11, a P/E/G ratio of 4.33 and a beta of 0.51. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.85 and a quick ratio of 0.22. The business’s 50-day moving average is $82.12 and its two-hundred day moving average is $73.75.

Institutional Investors Weigh In On Walmart

A number of institutional investors and hedge funds have recently modified their holdings of the company. WFA Asset Management Corp grew its holdings in Walmart by 201.0% in the first quarter. WFA Asset Management Corp now owns 2,092 shares of the retailer’s stock valued at $126,000 after purchasing an additional 1,397 shares during the last quarter. Dupont Capital Management Corp grew its stake in Walmart by 165.4% in the 1st quarter. Dupont Capital Management Corp now owns 270,147 shares of the retailer’s stock valued at $16,255,000 after acquiring an additional 168,346 shares during the last quarter. EntryPoint Capital LLC purchased a new position in Walmart during the 1st quarter valued at about $25,000. Sheaff Brock Investment Advisors LLC increased its holdings in Walmart by 190.6% during the 1st quarter. Sheaff Brock Investment Advisors LLC now owns 62,111 shares of the retailer’s stock valued at $3,737,000 after acquiring an additional 40,734 shares in the last quarter. Finally, Atalanta Sosnoff Capital LLC raised its position in Walmart by 197.3% during the first quarter. Atalanta Sosnoff Capital LLC now owns 918,540 shares of the retailer’s stock worth $55,269,000 after acquiring an additional 609,570 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Activity at Walmart

In other Walmart news, EVP Daniel J. Bartlett sold 2,063 shares of the business’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $80.76, for a total transaction of $166,607.88. Following the sale, the executive vice president now directly owns 459,558 shares in the company, valued at approximately $37,113,904.08. The trade was a 0.45 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $82.96, for a total transaction of $1,088,850.00. Following the completion of the transaction, the executive vice president now owns 593,040 shares of the company’s stock, valued at $49,198,598.40. This represents a 2.17 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,337,337 shares of company stock worth $958,823,647 over the last 90 days. Company insiders own 45.58% 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.