WDNYSEFinance ServicesFiscal year ends December 31
Walker & Dunlop, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$31.67−0.99 (-3.03%)
Close on Oct 19, 2026
- Market cap
- $1.05B
- P/E (TTM)
- 28.3
- Dividend yield
- 8.46%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
86.7%
30M of 34M shares
Institutional holders
267
52 new, 37 sold out
Net institutional buying
2M
In Q2 2026
Insider trades, 12 months
4 buys · 0 sales
Net bought $789.91K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 5,018,962 | – | 13G (passive) amendment | Sep 30, 2024 |
| Vanguard Portfolio Management | 2,064,687 | 6.06% | 13G (passive) | Mar 31, 2026 |
| Vanguard Capital Management | 1,736,589 | 5.09% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of WD | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 5,294,589 | 15.42% | $289.61M | +161,296 | 0.00% |
| Vanguard Portfolio Management LLC | 2,081,971 | 6.07% | $113.88M | +42,074 | 0.01% |
| State Street Corp | 1,622,038 | 4.73% | $88.73M | +75,094 | 0.00% |
| Vanguard Capital Management LLC | 1,493,413 | 4.35% | $81.69M | +16,098 | 0.00% |
| Dimensional Fund Advisors LP | 1,458,560 | 4.25% | $79.78M | +89,446 | 0.01% |
| Alliancebernstein L.P. | 1,311,353 | 3.82% | $58.20M | −45,658 | 0.02% |
| T. Rowe Price Investment Management, Inc. | 1,280,019 | 3.73% | $70.02K | +98,535 | 0.05% |
| Jupiter Topco LLC | 1,159,668 | 3.38% | $63.43M | New | 0.03% |
| Geode Capital Management, LLC | 872,309 | 2.54% | $47.72M | +47,656 | 0.00% |
| Deprince Race & Zollo Inc | 705,675 | 2.06% | $38.60M | −22,788 | 0.65% |
| Royce & Associates LP | 676,507 | 1.97% | $37.00M | +55,589 | 0.30% |
| Aqr Capital Management LLC | 671,312 | 1.96% | $36.72M | +431,531 | 0.01% |
| JPMorgan Chase & Co | 608,086 | 1.77% | $32.81M | +480,360 | 0.00% |
| Alyeska Investment Group, L.P. | 555,439 | 1.62% | $30.38M | +19,988 | 0.08% |
| Morgan Stanley | 541,414 | 1.58% | $29.62M | +109,774 | 0.00% |
| Ameriprise Financial Inc | 531,654 | 1.55% | $29.08M | +102,913 | 0.01% |
| Charles Schwab Investment Management Inc | 481,276 | 1.40% | $26.33M | +1,865 | 0.00% |
| Erste Asset Management GmbH | 450,000 | 1.31% | $24.22M | +199,838 | 0.19% |
| Goldman Sachs Group Inc | 395,344 | 1.15% | $21.63M | +259,981 | 0.00% |
| Northern Trust Corp | 394,359 | 1.15% | $21.57M | +33,829 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 267 | 30M | 86.7% | 52 / 108 | 60 / 37 | 5M | 3M |
| Q1 2026 | 255 | 29M | 83.5% | 39 / 98 | 84 / 56 | 7M | 3M |
| Q4 2025 | 278 | 29M | 83.6% | 45 / 102 | 103 / 45 | 3M | 4M |
| Q3 2025 | 283 | 29M | 84.3% | 42 / 124 | 81 / 40 | 3M | 3M |
| Q2 2025 | 284 | 28M | 82.8% | 42 / 116 | 88 / 48 | 2M | 2M |
| Q1 2025 | 293 | 29M | 83.5% | 50 / 101 | 93 / 25 | 2M | 2M |
| Q4 2024 | 270 | 28M | 82.4% | 34 / 97 | 94 / 34 | 1M | 1M |
| Q3 2024 | 274 | 28M | 82.1% | 41 / 108 | 78 / 18 | 7M | 2M |
| Q2 2024 | 253 | 28M | 82.7% | 28 / 93 | 87 / 36 | 2M | 3M |
| Q1 2024 | 263 | 29M | 84.3% | 42 / 85 | 89 / 29 | 3M | 2M |
| Q4 2023 | 253 | 28M | 81.2% | 56 / 78 | 77 / 19 | 3M | 2M |
| Q3 2023 | 217 | 27M | 79.1% | 23 / 79 | 67 / 22 | 2M | 1M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of WD | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 2,068,803 | 6.03% | $113.16M | 0.10% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 1,039,666 | 3.03% | $56.87M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 890,126 | 2.59% | $48.69M | 0.06% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 747,267 | 2.18% | $40.88M | 0.02% | Jun 30, 2026 |
| T. Rowe Price Small-Cap Value Fund, Inc. | 678,725 | 1.98% | $37.13M | 0.35% | Jun 30, 2026 |
| Janus Henderson Triton Fund | 637,229 | 1.86% | $34.86M | 0.59% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 473,817 | 1.38% | $25.92M | 0.04% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 392,900 | 1.14% | $21.49M | 0.02% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 372,148 | 1.08% | $18.49M | 0.05% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 325,976 | 0.95% | $17.83M | 0.12% | Jun 30, 2026 |
| Columbia Small Cap Value Discovery Fund | 324,020 | 0.94% | $16.10M | 0.64% | Jul 31, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 315,598 | 0.92% | $17.26M | 0.10% | Jun 30, 2026 |
| iShares S&P Small-Cap 600 Value ETF | 295,587 | 0.86% | $16.17M | 0.20% | Jun 30, 2026 |
| AB Discovery Value Fund | 272,224 | 0.79% | $14.89M | 0.58% | Jun 30, 2026 |
| State Street(R) SPDR(R) S&P(R) Bank ETF | 270,286 | 0.79% | $14.78M | 1.00% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| William M. Walker | Chairman & CEO, Director | 1,040,960 | 3.03% | Sep 8, 2026 |
| Stephen P. Theobald | EVP & Chief Operating Officer | 119,770 | 0.35% | Sep 8, 2026 |
| Gregory Florkowski | EVP & Chief Financial Officer | 37,862 | 0.11% | Sep 8, 2026 |
| Paula A. Pryor | EVP and Chief HR Officer | 15,254 | 0.04% | Sep 8, 2026 |
| Daniel J. Groman | EVP, GC, Secretary & CCO | 22,305 | 0.06% | Sep 8, 2026 |
| Ernest Michael Freedman | Director | 9,193 | 0.03% | May 21, 2026 |
| E. John Rice Jr | Director | 36,452 | 0.11% | May 21, 2026 |
| Dana L. Schmaltz | Director | 87,421 | 0.25% | May 21, 2026 |
| Jeffery R. Hayward | Director | 6,712 | 0.02% | May 21, 2026 |
| Ellen Levy | Director | – | – | May 21, 2026 |
| Donna Wells | Director | 6,658 | 0.02% | May 21, 2026 |
| Gary S. Pinkus | Director | – | – | May 21, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| E. John Rice Jr Director | May 19, 2026 | Award | +3,096 | – | – | 36,397 |
| Jeffery R. Hayward Director | May 19, 2026 | Award | +3,096 | – | – | 6,712 |
| Dana L. Schmaltz Director | May 19, 2026 | Award | +3,096 | – | – | 87,421 |
| Ernest Michael Freedman Director | May 19, 2026 | Award | +3,096 | – | – | 9,193 |
| Dana L. Schmaltz Director | Mar 18, 2026 | Buy | +1,000 | $45.78 | $45.78K | 84,325 |
| Donna Wells Director | Mar 13, 2026 | Option exercise | +1,381 | – | – | 6,658 |
| Dana L. Schmaltz Director | Mar 13, 2026 | Option exercise | +1,105 | – | – | 83,325 |
| Ernest Michael Freedman Director | Mar 5, 2026 | Buy | +5,000 | $49.21 | $246.05K | 6,097 |
| Donna Wells Director | Mar 3, 2026 | Buy | +500 | $46.96 | $23.48K | 5,277 |
| William M. Walker Chairman & CEO, Director | Mar 2, 2026 | Buy | +10,000 | $47.46 | $474.60K | 488,948 |
| Gregory Florkowski EVP & Chief Financial Officer | Feb 13, 2026 | Tax withholding | −2,883 | $61.86 | $178.34K | 37,862 |
| Gregory Florkowski EVP & Chief Financial Officer | Feb 13, 2026 | Award | +12,124 | – | – | 40,745 |
| Stephen P. Theobald EVP & Chief Operating Officer | Feb 13, 2026 | Tax withholding | −3,273 | $61.86 | $202.47K | 81,551 |
| Stephen P. Theobald EVP & Chief Operating Officer | Feb 13, 2026 | Award | +16,973 | – | – | 84,824 |
| William M. Walker Chairman & CEO, Director | Feb 13, 2026 | Tax withholding | −9,940 | $61.86 | $614.89K | 478,948 |
| William M. Walker Chairman & CEO, Director | Feb 13, 2026 | Award | +48,496 | – | – | 488,888 |
| Daniel J. Groman EVP, GC, Secretary & CCO | Feb 13, 2026 | Tax withholding | −1,471 | $61.86 | $91.00K | 22,305 |
| Daniel J. Groman EVP, GC, Secretary & CCO | Feb 13, 2026 | Award | +8,082 | – | – | 23,776 |
| Paula A. Pryor EVP and Chief HR Officer | Feb 13, 2026 | Tax withholding | −2,169 | $61.86 | $134.17K | 15,254 |
| Paula A. Pryor EVP and Chief HR Officer | Feb 13, 2026 | Award | +8,082 | – | – | 17,423 |
| William M. Walker Chairman & CEO, Director | Jan 30, 2026 | Option exercise | +7,829.99 | – | – | 443,643 |
| William M. Walker Chairman & CEO, Director | Jan 30, 2026 | Tax withholding | −3,251 | $62.89 | $204.46K | 440,392 |
| Ernest Michael Freedman Director | Sep 11, 2025 | Award | +1,097 | – | – | 1,097 |
| Paula A. Pryor EVP and Chief HR Officer | Aug 29, 2025 | Sale | −5,336 | $86.20 | $459.96K | 9,341 |
| Dana L. Schmaltz Director | May 1, 2025 | Award | +2,025 | – | – | 82,220 |
| Donna Wells Director | May 1, 2025 | Award | +2,025 | – | – | 4,777 |
| Jeffery R. Hayward Director | May 1, 2025 | Award | +2,025 | – | – | 3,616 |
| E. John Rice Jr Director | May 1, 2025 | Award | +2,025 | – | – | 33,301 |
| William M. Walker Chairman and CEO, Director | Apr 2, 2025 | Gift | +21,349 | – | – | 435,813 |
| Dana L. Schmaltz Director | Mar 15, 2025 | Option exercise | +1,141 | – | – | 80,195 |
| Paula A. Pryor EVP and Chief HR Officer | Mar 15, 2025 | Tax withholding | −2,049 | $87.19 | $178.65K | 14,677 |
| Paula A. Pryor EVP and Chief HR Officer | Mar 15, 2025 | Option exercise | +4,425.59 | – | – | 16,726 |
| Donna Wells Director | Mar 15, 2025 | Option exercise | +992 | – | – | 2,752 |
| Daniel J. Groman EVP, GC, Secretary & CCO | Mar 15, 2025 | Tax withholding | −1,665 | $87.19 | $145.17K | 15,694 |
| Daniel J. Groman EVP, GC, Secretary & CCO | Mar 15, 2025 | Option exercise | +3,594.67 | – | – | 17,359 |
| William M. Walker Chairman and CEO, Director | Mar 15, 2025 | Tax withholding | −2,337 | $87.19 | $203.76K | 414,464 |
| William M. Walker Chairman and CEO, Director | Mar 15, 2025 | Option exercise | +5,530.67 | – | – | 416,801 |
| Gregory Florkowski EVP & Chief Financial Officer | Mar 15, 2025 | Tax withholding | −2,074 | $87.19 | $180.83K | 28,621 |
| Gregory Florkowski EVP & Chief Financial Officer | Mar 15, 2025 | Option exercise | +4,674.01 | – | – | 30,695 |
| William M. Walker Chairman & CEO, Director | Mar 6, 2025 | Buy | +15,611 | $86.14 | $1.34M | 409,382 |
| William M. Walker Chairman & CEO, Director | Mar 6, 2025 | Buy | +1,889 | $86.80 | $163.97K | 411,271 |
| William M. Walker Chairman & CEO, Director | Feb 14, 2025 | Award | +34,706 | – | – | 400,128 |
| William M. Walker Chairman & CEO, Director | Feb 14, 2025 | Tax withholding | −6,357 | $86.44 | $549.50K | 393,771 |
| Daniel J. Groman EVP, GC, Secretary and CCO | Feb 14, 2025 | Award | +4,627 | – | – | 14,755 |
| Daniel J. Groman EVP, GC, Secretary and CCO | Feb 14, 2025 | Tax withholding | −990 | $86.44 | $85.58K | 13,765 |
| Stephen P. Theobald EVP & Chief Operating Officer | Feb 14, 2025 | Award | +11,279 | – | – | 70,152 |
| Stephen P. Theobald EVP & Chief Operating Officer | Feb 14, 2025 | Tax withholding | +2,301 | $86.44 | $198.90K | 67,851 |
| Gregory Florkowski EVP & Chief Financial Officer | Feb 14, 2025 | Tax withholding | −2,517 | $86.44 | $217.57K | 26,021 |
| Gregory Florkowski EVP & Chief Financial Officer | Feb 14, 2025 | Award | +7,230 | – | – | 28,538 |
| Paula A. Pryor EVP and Chief HR Officer | Feb 14, 2025 | Tax withholding | −1,843 | $86.44 | $159.31K | 12,300 |
| Paula A. Pryor EVP and Chief HR Officer | Feb 14, 2025 | Award | +4,916 | – | – | 14,143 |
| Stephen P. Theobald EVP & Chief Operating Officer | Jan 31, 2025 | Tax withholding | −2,941 | $96.07 | $282.54K | 58,873 |
| Stephen P. Theobald EVP & Chief Operating Officer | Jan 31, 2025 | Award | +7,945.52 | – | – | 61,814 |
| William M. Walker Chairman & CEO, Director | Jan 31, 2025 | Tax withholding | −2,734 | $96.07 | $262.66K | 365,422 |
| William M. Walker Chairman & CEO, Director | Jan 31, 2025 | Option exercise | +9,931.34 | – | – | 368,156 |
| William M. Walker Chairman & CEO, Director | Dec 18, 2024 | Gift | −0 | – | – | 358,224 |
| William M. Walker Chairman & CEO, Director | Dec 18, 2024 | Gift | −14,500 | – | – | 343,724 |
| Stephen P. Theobald EVP & Chief Operating Officer | Aug 23, 2024 | Sale | −7,183 | $106.65 | $766.07K | 54,259 |
| Stephen P. Theobald EVP & Chief Operating Officer | Aug 23, 2024 | Option exercise | +13,870 | $20.40 | $282.95K | 67,739 |
| Stephen P. Theobald EVP & Chief Operating Officer | Aug 23, 2024 | Sale | −1,433 | $103.61 | $148.47K | 66,306 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Paula A. Pryor Officer | Aug 29, 2025 | 5,336 | $459.96K | Aug 29, 2025 | Restricted Stock Vesting |
| Stephen P. Theobald Officer | Aug 23, 2024 | 13,870 | $1.47M | Aug 23, 2024 | Options Granted - 02/15/2016 |
| Richard M. Lucas Former Officer | Jul 16, 2024 | 20,000 | $2.08M | Jul 16, 2024 | Restricted Stock Vesting |
| Paula A. Pryor Officer | May 6, 2024 | 4,533 | $441.19K | May 6, 2024 | Restricted Stock Vesting |
| Howard W. Smith III Director | Mar 8, 2024 | 20,166 | $1.89M | Mar 8, 2024 | Option Granted - 02/15/2015 |
| Gregory Florkowski Officer | Feb 27, 2024 | 4,000 | $385.79K | Feb 27, 2024 | Restricted Stock Vesting |
| Paula A. Pryor Officer | Feb 21, 2024 | 1,908 | $179.52K | Feb 21, 2024 | Restricted Stock Vesting |
| Howard W. Smith III Director | Feb 9, 2024 | 20,000 | $1.88M | Feb 9, 2024 | Option Granted - 02/15/2015 |
| Howard W. Smith III Director | Jan 9, 2024 | 20,000 | $1.97M | Jan 9, 2024 | Options Granted 02/15/2015 |
| Stephen P. Theobald Officer | Dec 14, 2023 | 10,000 | $1.06M | Dec 14, 2023 | Restricted Stock Vesting |
| Walker William Affiliate | Dec 14, 2023 | 50,000 | $5.28M | Dec 14, 2023 | Stock Award (compensation) |
| Howard W. Smith III Officer, Director | Dec 8, 2023 | 20,000 | $1.86M | Dec 8, 2023 | Option Granted 02/15/2015 |
| Richard M. Lucas Officer | Dec 8, 2023 | 10,000 | $919.78K | Dec 8, 2023 | Restricted Stock Vesting |
| Howard W. Smith III Officer, Director | Nov 9, 2023 | 20,000 | $1.45M | Nov 9, 2023 | Option Granted - 02/15/2016 |
| Howard W. Smith III Officer, Director | Oct 10, 2023 | 20,000 | $1.43M | Oct 9, 2023 | Option Granted - 02/15/2016 |