Howland Capital Adds 5,570 Walmart Shares, Boosting Stake to $37.7 M
Howland Capital Management LLC raised its Walmart stake by 1.5% in the third quarter, adding 5,570 shares for a total of 365,781 shares valued at $37.7 million. Walmart now represents 1.4% of Howland’s portfolio, making it the firm’s 18th largest holding.
1. Howland Capital Increases Walmart Stake
According to the latest SEC filing, Howland Capital Management LLC boosted its position in Walmart shares by 1.5 percent during the third quarter. The firm purchased an additional 5,570 shares, bringing its total holding to 365,781 shares. At the end of the period, Walmart represented approximately 1.4 percent of Howland’s total portfolio, ranking it as the manager’s eighteenth largest position. The aggregate value of Howland’s Walmart stake stood at 37.697 million dollars as of the quarter’s close.
2. Insider Sales Highlighted
Recent disclosures show significant insider divestitures: Chief Executive Officer C. Douglas McMillon sold 19,416 shares on November 28th at an average price of 109.57, realizing proceeds of 2.127 million dollars and reducing his holding by 0.45 percent to 4,334,747 shares. On January 14th, Executive Vice President Daniel Danker sold 4,365 shares at an average of 120.19, generating 524,629 dollars and trimming his position by 1.80 percent to 238,583 shares. Overall, insiders have sold 139,215 shares valued at 15.503 million dollars during the past quarter.
3. Quarterly Results and Full-Year Outlook
In the fiscal third quarter, Walmart delivered earnings per share of 0.62, surpassing consensus by 0.02, while revenue reached 179.50 billion dollars, beating expectations by 4.35 billion and marking 5.8 percent year-over-year growth. The retailer reported a net margin of 3.26 percent and a return on equity of 21.31 percent. Management set full-year guidance between 2.580 and 2.630 earnings per share for fiscal 2026, compared with the analysts’ consensus of 2.55, reflecting confidence in continued top-line expansion and margin stability.