The following year, the play was produced by Lee and J.J. Shubert at the Lyric Theatre in New York City, where Walton reprised his role as The Toy Soldier.

Walton also directed at least two shorts in 1911: April Fool for Edison Studios and the comedy-fantasy production An Old-Time Nightmare for Powers.

[3][4] In 1911, he would focus on his stage career, during which he appeared in over a dozen plays on Broadway between 1911 and 1922, before returning to the screen in 1924 to perform in The Fast Set.

[10] He would make his final Broadway appearance in the role of Chester Biddlesby in the Jerome Kern and Otto Harbach musical The Cat and the Fiddle, which ran for almost 400 performances in 1931 and 1932.

[11] Walton's final screen performance was in 1936, in the Tyrone Power vehicle Lloyd's of London, which also starred Freddie Bartholomew and C. Aubrey Smith.