MetLife Investment Management LLC Has $98.92 Million Stock Holdings in Walmart Inc. $WMT

Key Points

• MetLife Investment Management LLC reduced its Walmart holdings by 1.9%, now owning approximately 1,126,791 shares valued at $98.92 million, which constitutes about 0.5% of its investment portfolio.
• Walmart's recent earnings report showed a missed EPS estimate of $0.68 compared to the $0.74 expected, with revenue of $169.34 billion against a forecast of $174.02 billion.
• The company declared a $0.235 dividend to be paid on September 2nd, representing a yield of 90.0%, with a payout ratio of 35.34%.

MetLife Investment Management LLC cut its position in Walmart Inc. (NYSE:WMT - Free Report) by 1.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,126,791 shares of the retailer's stock after selling 22,119 shares during the period. Walmart accounts for approximately 0.5% of MetLife Investment Management LLC's investment portfolio, making the stock its 26th biggest holding. MetLife Investment Management LLC's holdings in Walmart were worth $98,921,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Nuveen LLC acquired a new position in Walmart during the 1st quarter valued at about $2,532,331,000. GAMMA Investing LLC boosted its stake in Walmart by 9,896.9% during the 1st quarter. GAMMA Investing LLC now owns 7,939,728 shares of the retailer's stock valued at $697,029,000 after purchasing an additional 7,860,306 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in Walmart by 30.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer's stock valued at $2,922,770,000 after purchasing an additional 7,706,201 shares during the last quarter. Wellington Management Group LLP boosted its stake in Walmart by 527.1% during the 1st quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer's stock valued at $591,620,000 after purchasing an additional 5,664,484 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board boosted its stake in Walmart by 28,684.8% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer's stock valued at $371,295,000 after purchasing an additional 4,214,661 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Price Performance

Shares of NYSE WMT opened at $96.8190 on Friday. Walmart Inc. has a twelve month low of $75.01 and a twelve month high of $105.30. The stock's 50 day moving average price is $97.99 and its 200-day moving average price is $95.58. The company has a market capitalization of $772.66 billion, a PE ratio of 36.40, a PEG ratio of 4.70 and a beta of 0.66. The company has a quick ratio of 0.22, a current ratio of 0.79 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT - Get Free Report) last announced its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business had revenue of $169.34 billion during the quarter, compared to analysts' expectations of $174.02 billion. During the same quarter in the previous year, the firm earned $0.67 EPS. Walmart's quarterly revenue was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, equities analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Dividend Announcement

The business also recently declared a dividend, which will be paid on Tuesday, September 2nd. Investors of record on Monday, August 18th will be issued a $0.235 dividend. This represents a dividend yield of 90.0%. The ex-dividend date of this dividend is Friday, August 15th. Walmart's payout ratio is 35.34%.

Analyst Ratings Changes

WMT has been the subject of a number of analyst reports. Royal Bank Of Canada reiterated an "outperform" rating and set a $106.00 price target on shares of Walmart in a research note on Friday. Erste Group Bank upgraded Walmart from a "hold" rating to a "buy" rating in a research note on Tuesday, August 5th. Robert W. Baird lifted their price target on Walmart from $100.00 to $110.00 and gave the company an "outperform" rating in a research note on Friday, May 16th. Guggenheim reiterated a "buy" rating and set a $115.00 price target (up previously from $112.00) on shares of Walmart in a research note on Monday, August 18th. Finally, Evercore ISI reiterated an "outperform" rating and set a $110.00 price target (up previously from $108.00) on shares of Walmart in a research note on Monday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of $110.07.

Insider Buying and Selling

In related news, EVP John R. Furner sold 13,125 shares of Walmart 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 of the company's stock, valued at approximately $88,700,258.82. The trade was a 1.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,655 shares of Walmart stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $100.38, for a total transaction of $166,128.90. Following the completion of the sale, the executive vice president directly owned 647,578 shares in the company, valued at $65,003,879.64. This trade represents a 0.25% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 88,841 shares of company stock worth $8,565,205 in the last three months. Insiders own 0.10% 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.

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