Fannie Mae, Freddie Mac shares tumble after conservatorship comments
Walton Family Holdings Trust, a ten percent owner of Walmart Inc. (NYSE:WMT), sold 378,639 shares of common stock on June 27, 2025. Walmart, with a market capitalization of $777 billion and annual revenue of $685 billion, maintains its position as a prominent player in the Consumer Staples sector. According to InvestingPro data, the company shows GOOD financial health with strong profit metrics. The shares were sold at a weighted average price of $97.5158, for a total transaction value of $36.9 million. Prices for the sale ranged from $97.50 to $97.615. Following the transaction, Walton Family Holdings Trust directly owns 552,231,200 shares of Walmart. The company has maintained dividend payments for 53 consecutive years, with a current dividend yield of ~1%. For deeper insights into Walmart’s valuation and growth prospects, access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Walmart has opened its first company-owned beef processing facility in Olathe, Kansas. The 300,000-square-foot facility will package and distribute Angus beef sourced from Sustainable Beef LLC to Walmart stores across the Midwest. This move is part of Walmart’s strategy to create an end-to-end beef supply chain, and the facility has generated over 600 jobs in the area. Meanwhile, Walmart announced the closure of a Sam’s Club fulfillment center in Fort Worth, Texas, which could lead to job losses as operations are moved to other facilities. UBS has reiterated its buy rating on Walmart stock, maintaining a price target of $110, highlighting the importance of the company’s fulfillment services in its business transformation. Additionally, Walmart has partnered with Soda Health to launch a personalized health program for select Medicare Advantage and Medicaid members, offering nutrition guidance based on shopping habits. In another development, Walmart and other major retailers are exploring the issuance of stablecoins to potentially bypass traditional banking systems and reduce transaction fees. These initiatives reflect Walmart’s ongoing efforts to innovate and expand its services across various sectors.
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