MassMutual Private Wealth & Trust FSB Has $38.45 Million Stake in Walmart Inc. $WMT

MassMutual Private Wealth & Trust FSB cut its stake in Walmart Inc. (NASDAQ:WMT) by 4.5% in the 2nd quarter, Holdings Channel.com reports. The fund owned 339,523 shares of the retailer’s stock after selling 15,830 shares during the quarter. Walmart comprises approximately 1.0% of MassMutual Private Wealth & Trust FSB’s investment portfolio, making the stock its 28th biggest position. MassMutual Private Wealth & Trust FSB’s holdings in Walmart were worth $38,454,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. MFA Wealth Services grew its stake in Walmart by 0.7% during the first quarter. MFA Wealth Services now owns 10,909 shares of the retailer’s stock worth $1,356,000 after buying an additional 80 shares in the last quarter. Realta Investment Advisors increased its holdings in Walmart by 2.0% in the 1st quarter. Realta Investment Advisors now owns 4,089 shares of the retailer’s stock valued at $508,000 after buying an additional 81 shares during the period. Compton Financial Group LLC raised its position in shares of Walmart by 4.1% in the 1st quarter. Compton Financial Group LLC now owns 2,081 shares of the retailer’s stock valued at $259,000 after buying an additional 82 shares in the last quarter. Renaissance Group LLC raised its position in shares of Walmart by 0.9% in the 4th quarter. Renaissance Group LLC now owns 9,636 shares of the retailer’s stock valued at $1,074,000 after buying an additional 83 shares in the last quarter. Finally, Calton & Associates Inc. lifted its holdings in shares of Walmart by 0.3% during the 4th quarter. Calton & Associates Inc. now owns 27,220 shares of the retailer’s stock worth $3,033,000 after acquiring an additional 84 shares during the period. 26.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Walmart

In related news, EVP Daniel J. Bartlett sold 3,775 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $109.64, for a total value of $413,891.00. Following the transaction, the executive vice president owned 630,009 shares in the company, valued at $69,074,186.76. The trade was a 0.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $118.63, for a total value of $2,303,320.08. Following the completion of the transaction, the director directly owned 4,174,579 shares in the company, valued at $495,230,306.77. This represents a 0.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 67,729 shares of company stock valued at $8,124,931 over the last three months. 0.09% of the stock is currently owned by corporate insiders.

Walmart Stock Performance

NASDAQ:WMT opened at $110.71 on Tuesday. The stock has a market cap of $881.04 billion, a P/E ratio of 38.85, a price-to-earnings-growth ratio of 4.15 and a beta of 0.61. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The stock’s 50-day moving average is $114.98 and its 200-day moving average is $121.89. Walmart Inc. has a 1-year low of $95.42 and a 1-year high of $135.15.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, hitting analysts’ consensus estimates of $0.66. The company had revenue of $177.75 billion for the quarter, compared to analyst estimates of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. Walmart’s revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.61 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Equities research analysts anticipate that Walmart Inc. will post 2.89 earnings per share for the current year.

Wall Street Analysts Forecast Growth

WMT has been the subject of several research analyst reports. BMO Capital Markets restated an “outperform” rating on shares of Walmart in a research report on Friday, May 22nd. Wolfe Research reaffirmed an “outperform” rating and issued a $137.00 target price (up from $135.00) on shares of Walmart in a report on Monday, May 11th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $137.00 price target on shares of Walmart in a research note on Wednesday, July 22nd. UBS Group set a $141.00 price target on Walmart and gave the stock a “buy” rating in a report on Friday, May 22nd. Finally, BNP Paribas Exane dropped their price objective on Walmart from $147.00 to $146.00 and set an “outperform” rating for the company in a research report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Walmart currently has a consensus rating of “Moderate Buy” and a consensus target price of $138.56.

About Walmart

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.