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

Key Points

• MassMutual Private Wealth & Trust FSB reduced its Walmart stake by 4.5% in the second quarter, selling 15,830 shares and retaining 339,523 shares valued at approximately $38.45 million. Walmart represents 1.0% of the fund’s portfolio.
• Analysts remain broadly positive on Walmart, with a consensus rating of “Moderate Buy” and an average price target of $138.56, despite some rating changes from individual firms.
• Walmart reported quarterly EPS of $0.66, in line with estimates, while revenue of $177.75 billion exceeded expectations and rose 7.4% year over year.

MassMutual Private Wealth & Trust FSB cut its holdings in Walmart Inc. (NASDAQ:WMT - Free Report) by 4.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 339,523 shares of the retailer's stock after selling 15,830 shares during the quarter. Walmart comprises 1.0% of MassMutual Private Wealth & Trust FSB's portfolio, making the stock its 28th largest 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 bought and sold shares of the business. MFA Wealth Services boosted its position in shares of Walmart by 0.7% in the 1st quarter. MFA Wealth Services now owns 10,909 shares of the retailer's stock worth $1,356,000 after purchasing an additional 80 shares during the last quarter. Realta Investment Advisors grew its stake in shares of Walmart by 2.0% during the first quarter. Realta Investment Advisors now owns 4,089 shares of the retailer's stock worth $508,000 after purchasing an additional 81 shares during the period. Compton Financial Group LLC increased its holdings in Walmart by 4.1% in the first quarter. Compton Financial Group LLC now owns 2,081 shares of the retailer's stock valued at $259,000 after purchasing an additional 82 shares during the last quarter. Renaissance Group LLC increased its holdings in Walmart by 0.9% in the fourth quarter. Renaissance Group LLC now owns 9,636 shares of the retailer's stock valued at $1,074,000 after purchasing an additional 83 shares during the last quarter. Finally, Calton & Associates Inc. lifted its stake in Walmart by 0.3% in the fourth quarter. Calton & Associates Inc. now owns 27,220 shares of the retailer's stock valued at $3,033,000 after buying an additional 84 shares during the period. Institutional investors and hedge funds own 26.76% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on WMT shares. KeyCorp restated an "overweight" rating on shares of Walmart in a report on Friday, May 22nd. Tigress Financial reiterated a "buy" rating and issued a $155.00 price target (up from $150.00) on shares of Walmart in a research report on Friday, May 29th. Erste Group Bank downgraded shares of Walmart from a "buy" rating to a "hold" rating in a research report on Friday, June 5th. Morgan Stanley lifted their price objective on shares of Walmart from $135.00 to $140.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 22nd. Finally, Freedom Capital raised shares of Walmart from a "strong sell" rating to a "hold" rating in a research note on Thursday, May 21st. One analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $138.56.

Walmart Price Performance

Shares of NASDAQ WMT opened at $110.71 on Tuesday. The firm has a market cap of $881.04 billion, a PE ratio of 38.85, a PEG 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. Walmart Inc. has a 1-year low of $95.42 and a 1-year high of $135.15. The company has a fifty day moving average price of $114.98 and a 200 day moving average price of $121.89.

Walmart (NASDAQ:WMT - Get Free Report) last issued its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, hitting the consensus estimate of $0.66. The company had revenue of $177.75 billion during the quarter, compared to analysts' expectations of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The business's quarterly revenue was up 7.4% on a year-over-year basis. During the same period last year, the business earned $0.61 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Research analysts predict that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Insider Transactions at Walmart

In other Walmart news, CEO John R. Furner sold 13,125 shares of the business's stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $124.08, for a total transaction of $1,628,550.00. Following the transaction, the chief executive officer owned 661,037 shares of the company's stock, valued at $82,021,470.96. The trade was a 1.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP David W. Guggina sold 11,978 shares of the company's stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the sale, the executive vice president directly owned 125,067 shares in the company, valued at $14,985,527.94. This trade represents a 8.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 67,729 shares of company stock valued at $8,124,931. 0.09% of the stock is owned by insiders.

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.

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