Howland Capital Management LLC increased its position in Walmart by 1.5% during the third quarter, adding 5,570 shares to bring its total to 365,781. The retailer now represents approximately 1.4% of Howland’s portfolio and ranks as its 18th largest holding. As of the latest SEC filing, Howland’s Walmart shares were valued at $37.7 million, underscoring continued institutional confidence in the company’s long-term growth prospects.

Chief Executive Officer C. Douglas McMillon sold 19,416 shares on November 28, representing a 0.45% reduction in his personal stake and totaling $2.13 million at an average price of $109.57. Executive Vice President Daniel Danker followed with a sale of 4,365 shares on January 14, reducing his position by 1.8% for proceeds of $524,629 at an average price of $120.19. Over the last quarter, insiders have sold 139,215 shares worth $15.5 million, though corporate insiders still collectively own 0.10% of outstanding shares.

For the quarter ended November 20, Walmart reported earnings per share of $0.62, beating consensus estimates by $0.02. Revenue came in at $179.5 billion, surpassing analyst projections by over $4 billion and marking a 5.8% year-over-year increase. The company achieved a net margin of 3.26% and a return on equity of 21.31%. Management set full-year guidance at $2.580 to $2.630 in EPS, compared with the current consensus of $2.55, reflecting confidence in continued sales momentum and operating leverage.

Wall Street’s coverage remains overwhelmingly positive, with 32 analysts maintaining Buy or Outperform ratings and only two holding at Neutral. The average price target stands at $123.03, implying modest upside from current levels. Notable recent calls include Deutsche Bank’s downgrade to Hold with a $119 objective, Sanford C. Bernstein’s Outperform reiteration and $129 target (up from $122), and Mizuho’s Outperform rating with a $125 price goal.