Walmart: Walton family trust sells $527.6 million in shares

Published 14/03/2025, 23:12
© Reuters.

In a recent transaction, the Walton Family Holdings Trust, a significant shareholder of Walmart Inc. (NYSE:WMT), sold approximately 6.2 million shares of the retail giant. The shares were sold on March 14, 2025, at an average price of $85.05 per share, generating a total of $527.6 million. The transaction comes as Walmart’s stock has experienced a 6.95% decline over the past week, according to InvestingPro data, though the company maintains a strong GOOD financial health rating. This sale follows a distribution of 2.8 million shares to beneficiaries of the trust earlier in the week, which was carried out without any monetary exchange. Following these transactions, the Walton Family Holdings Trust retains ownership of about 582.5 million Walmart shares in the $683.24 billion market cap company. InvestingPro analysis reveals Walmart has maintained dividend payments for 53 consecutive years, with 14 additional key insights available to subscribers through their comprehensive Pro Research Report.

In other recent news, Walmart has been the focus of several analyst assessments and strategic initiatives. UBS recently adjusted Walmart’s stock price target to $112, maintaining a Buy rating, citing the company’s market share growth and positive earnings trajectory despite a slight slowdown in comparable sales and eCommerce growth. Meanwhile, TD Cowen raised Walmart’s price target to $115, also retaining a Buy rating, after the retailer’s fourth-quarter earnings per share narrowly surpassed expectations. Despite conservative guidance for fiscal year 2026, analysts see potential in Walmart’s strategic focus on high-margin sectors such as marketplace and advertising.

RBC Capital Markets lowered its price target for Walmart to $107, maintaining an Outperform rating. The firm noted that while the fiscal year 2026 guidance fell short of expectations, Walmart’s fundamental outlook remains strong. BMO Capital Markets echoed this sentiment, maintaining an Outperform rating with a $110 target, emphasizing Walmart’s continued business momentum and strategic gains in market share and digital sectors.

In addition to financial news, Walmart and Sam’s Club are celebrating their 20-year partnership with Feeding America through their "Fight Hunger. Spark Change." campaign. This initiative has resulted in over 9 billion pounds of food donations and significant financial contributions, underscoring Walmart’s commitment to corporate philanthropy and community support. These recent developments highlight Walmart’s diverse strategies in maintaining its market position and addressing social issues.

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