12,149 Walmart Inc. $WMT Shares Sold by MassMutual Private Wealth & Trust FSB

Key Points

• MassMutual Private Wealth & Trust FSB reduced its Walmart stake by 3.6%, selling 12,149 shares in the third quarter. It still held 327,374 shares valued at approximately $34.0 million, representing about 0.9% of its portfolio.
• Analysts maintain a generally positive view, with Walmart receiving a consensus “Moderate Buy” rating and an average price target of $131.74, although several firms recently lowered their targets.
• Walmart’s latest quarter exceeded expectations, with adjusted earnings of $0.81 per share and revenue of $187.94 billion, up 5.9% year over year. However, the stock’s roughly 37.6 price-to-earnings ratio and 3.0% net margin contribute to valuation concerns.

MassMutual Private Wealth & Trust FSB cut its holdings in Walmart Inc. (NASDAQ:WMT - Free Report) by 3.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 327,374 shares of the retailer's stock after selling 12,149 shares during the period. Walmart makes up approximately 0.9% of MassMutual Private Wealth & Trust FSB's investment portfolio, making the stock its 29th largest position. MassMutual Private Wealth & Trust FSB's holdings in Walmart were worth $34,021,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Merkkuri Wealth Advisors LLC bought a new stake in Walmart in the 1st quarter valued at about $29,000. Montgomery Financial Services LLC bought a new position in shares of Walmart during the second quarter worth approximately $32,000. Sankala Group LLC acquired a new stake in shares of Walmart in the fourth quarter valued at approximately $33,000. Turim 21 Investimentos Ltda. acquired a new stake in shares of Walmart in the first quarter valued at approximately $37,000. Finally, Pingora Partners LLC bought a new stake in shares of Walmart in the second quarter valued at approximately $34,000. 26.76% of the stock is owned by institutional investors.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart committed more than $300 million to an Ohio fulfillment center focused on oversized goods. The investment should expand fulfillment capacity and support e-commerce growth, though it also increases near-term capital spending. Walmart Commits Over $300 Million to Ohio Fulfillment Center
• Positive Sentiment: Walmart is expanding digital shelf labels with customer “light-up” item locating, associate tools for online-order fulfillment and inventory management. The technology could improve shopping convenience, labor productivity and omnichannel execution. Walmart Digital Shelf Label Tools
• Positive Sentiment: Tariff refunds are expected to provide Walmart with some margin relief, giving the retailer more flexibility to invest in lower prices, promotions and customer experience. Retailers Gain From Tariff Refunds
• Positive Sentiment: Walmart continues opening stores, including a new Neighborhood Market in Florida. One analysis argues the expansion and product initiatives could leave the stock undervalued, with a cited price target of $127. Walmart Could Be Undervalued After Florida Store Opening
• Neutral Sentiment: Walmart is participating in Meta’s AI shopping initiatives, while retailers are developing policies for emerging shopping agents. The opportunity could increase online traffic, but the effect on sales, customer data and margins remains uncertain. Meta’s Muse and E-commerce
• Negative Sentiment: Analyst downgrades, including a reduction in expectations from Mizuho, have pressured investor sentiment and reinforced concerns that Walmart’s premium valuation leaves limited room for disappointment. Mizuho Lowers Walmart Expectations
• Negative Sentiment: A value investor claimed Walmart may be worth about $50 per share, highlighting the risk that the stock’s high earnings multiple does not adequately reflect its modest net margin and slower potential returns. Value Investor Warns Walmart Is Worth About $50
• Negative Sentiment: Target’s aggressive holiday price cuts on roughly 2,000 products could intensify promotional competition and pressure Walmart’s margins during an important shopping season. Target’s Holiday Price Cuts

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Oppenheimer reissued a "market perform" rating on shares of Walmart in a research report on Tuesday, August 25th. Piper Sandler reiterated an "overweight" rating and set a $128.00 target price (down from $137.00) on shares of Walmart in a research report on Friday, August 21st. JPMorgan Chase & Co. reduced their target price on Walmart from $137.00 to $125.00 and set an "overweight" rating on the stock in a report on Friday, August 21st. Truist Financial set a $114.00 target price on Walmart and gave the stock a "buy" rating in a report on Friday, August 21st. Finally, Deutsche Bank Aktiengesellschaft set a $113.00 price target on Walmart in a research report on Friday, August 21st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $131.74.

Insider Transactions at Walmart

In related news, EVP Christopher Nicholas sold 2,900 shares of the business's stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $106.65, for a total transaction of $309,285.00. Following the sale, the executive vice president owned 566,253 shares in the company, valued at $60,390,882.45. The trade was a 0.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel Danker sold 50,644 shares of the company's stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $105.35, for a total value of $5,335,345.40. Following the completion of the transaction, the executive vice president directly owned 201,672 shares of the company's stock, valued at approximately $21,246,145.20. The trade was a 20.07% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 81,219 shares of company stock worth $8,604,429. Insiders own 0.09% of the company's stock.

Walmart Price Performance

Shares of NASDAQ:WMT opened at $104.26 on Monday. Walmart Inc. has a one year low of $98.88 and a one year high of $135.15. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.23. The company has a market cap of $827.17 billion, a price-to-earnings ratio of 37.64, a PEG ratio of 3.98 and a beta of 0.58. The firm has a 50 day simple moving average of $108.81 and a 200 day simple moving average of $116.89.

Walmart (NASDAQ:WMT - Get Free Report) last posted its earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of $0.74 by $0.07. The firm had revenue of $187.94 billion for the quarter, compared to analysts' expectations of $186.64 billion. Walmart had a net margin of 3.00% and a return on equity of 21.83%. The company's revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.68 earnings per share. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Research analysts predict that Walmart Inc. will post 2.87 earnings per share for the current fiscal year.

Walmart Profile

Walmart Inc NASDAQ: WMT is a multinational retailer that operates supercenters, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its merchandise includes groceries, apparel, electronics, home goods, health and wellness products, household essentials and general merchandise. Walmart also provides services such as grocery pickup and delivery, pharmacy services, financial products and digital advertising.

The company serves customers through its Walmart U.S., Walmart International and Sam's Club segments.

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