Walmart (NYSE:WMT) Releases Q3 2026 Earnings Guidance

Walmart (NYSE:WMT) updated its third quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.580-0.600 for the period, compared to the consensus 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.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Telsey Advisory Group raised their target price on shares of Walmart from $115.00 to $118.00 and gave the stock an “outperform” rating in a report on Friday. Evercore ISI reaffirmed an “outperform” rating and set a $110.00 target price (up from $108.00) on shares of Walmart in a report on Monday. The Goldman Sachs Group raised their target price on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a report on Friday. Robert W. Baird raised their target price on shares of Walmart from $100.00 to $110.00 and gave the stock an “outperform” rating in a report on Friday, May 16th. Finally, Oppenheimer raised their target price on shares of Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, August 13th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Walmart presently has a consensus rating of “Buy” and an average price target of $110.07.

Walmart Stock Performance

NYSE WMT opened at $96.8190 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.22 and a debt-to-equity ratio of 0.43. The firm has a market capitalization 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 firm’s 50 day simple moving average is $97.99 and its 200 day simple moving average is $95.63. Walmart has a 1 year low of $75.01 and a 1 year high of $105.30.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). The firm had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business’s revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $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. As a group, research analysts expect that Walmart will post 2.55 earnings per share for the current fiscal year.

Walmart Dividend Announcement

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

Insider Transactions at Walmart

In other Walmart news, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on 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 owned 932,313 shares in the company, valued at $88,700,258.82. This trade represents a 1.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total transaction of $403,840.00. Following the completion of the sale, the executive vice president owned 1,052,455 shares in the company, valued at $106,255,856.80. This represents a 0.38% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 88,841 shares of company stock valued at $8,565,205. Corporate insiders own 0.10% of the company’s stock.

Hedge Funds Weigh In On Walmart

A number of hedge funds have recently modified their holdings of the business. NCM Capital Management LLC lifted its holdings in shares of Walmart by 1.7% during the second quarter. NCM Capital Management LLC now owns 7,597 shares of the retailer’s stock worth $743,000 after purchasing an additional 124 shares during the period. Graney & King LLC lifted its holdings in shares of Walmart by 9.1% during 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. Talisman Wealth Advisors LLC lifted its holdings in shares of Walmart by 4.2% during the second quarter. Talisman Wealth Advisors LLC now owns 3,579 shares of the retailer’s stock worth $350,000 after purchasing an additional 145 shares during the period. Manhattan West Asset Management LLC lifted its holdings in shares of Walmart by 6.6% during the second quarter. Manhattan West Asset Management LLC now owns 4,461 shares of the retailer’s stock worth $436,000 after purchasing an additional 277 shares during the period. Finally, Strategic Investment Advisors MI lifted its holdings in shares of Walmart by 2.6% during the second quarter. Strategic Investment Advisors MI now owns 13,567 shares of the retailer’s stock worth $1,327,000 after purchasing an additional 348 shares during the period. 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.