Telsey Advisory Group Predicts Stronger Earnings for Walmart

Walmart Inc. (NYSE:WMT) – Research analysts at Telsey Advisory Group boosted their Q3 2026 earnings per share estimates for Walmart in a research report issued on Tuesday, November 19th. Telsey Advisory Group analyst J. Feldman now anticipates that the retailer will earn $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 target price 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 results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping the consensus estimate of $0.53 by $0.05. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The company had revenue of $169.59 billion during the quarter, compared to analysts’ expectations of $167.69 billion. During the same quarter in the previous year, the business posted $0.51 EPS. The firm’s revenue was up 5.5% on a year-over-year basis.

Several other research firms have also recently issued reports on WMT. Royal Bank of Canada upped their price objective on Walmart from $88.00 to $92.00 and gave the stock an “overweight” rating in a research report on Monday, November 18th. Barclays upped their price target on Walmart from $78.00 to $90.00 and gave the company an “overweight” rating in a report on Friday. Piper Sandler raised their price objective on shares of Walmart from $83.00 to $93.00 and gave the stock an “overweight” rating in a report on Monday, November 18th. Bank of America upped their target price on shares of Walmart from $95.00 to $105.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Truist Financial lifted their price target on shares of Walmart from $89.00 to $98.00 and gave the stock a “buy” rating in a research note on Wednesday. Two investment analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $91.88.

Walmart Stock Performance

NYSE:WMT opened at $90.44 on Friday. Walmart has a 12 month low of $49.85 and a 12 month high of $90.91. 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 firm has a market capitalization of $726.98 billion, a PE ratio of 37.07, a price-to-earnings-growth ratio of 4.20 and a beta of 0.51. The business’s fifty day moving average price is $82.12 and its 200 day moving average price is $73.84.

Insider Transactions at Walmart

In other Walmart news, major shareholder Alice L. Walton sold 2,709,163 shares of the stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $77.37, for a total value of $209,607,941.31. Following the completion of the transaction, the insider now owns 630,501,148 shares in the company, valued at approximately $48,781,873,820.76. This represents a 0.43 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP John D. Rainey sold 3,000 shares of the firm’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $82.12, for a total value of $246,360.00. Following the completion of the sale, the executive vice president now directly owns 378,165 shares of the company’s stock, valued at approximately $31,054,909.80. This trade represents a 0.79 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,337,337 shares of company stock worth $958,823,647. Company insiders own 45.58% of the company’s stock.

Hedge Funds Weigh In On Walmart

Large investors have recently made changes to their positions in the stock. Peterson Financial Group Inc. acquired a new position in Walmart during the third quarter worth $26,000. Voisard Asset Management Group Inc. boosted its position in shares of Walmart by 77.3% in the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock worth $32,000 after buying an additional 174 shares in the last quarter. Hoese & Co LLP acquired a new stake in Walmart in the 3rd quarter valued at about $33,000. EntryPoint Capital LLC purchased a new position in Walmart during the 1st quarter valued at about $25,000. Finally, TruNorth Capital Management LLC raised its position in Walmart by 138.3% during the second quarter. TruNorth Capital Management LLC now owns 429 shares of the retailer’s stock worth $29,000 after acquiring an additional 249 shares during the last quarter. Hedge funds and other institutional investors 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.