Williams Companies, Inc. (The) $WMB Holdings Raised by NewEdge Wealth LLC

NewEdge Wealth LLC increased its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 5.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 151,991 shares of the pipeline company’s stock after buying an additional 8,174 shares during the quarter. NewEdge Wealth LLC’s holdings in Williams Companies were worth $9,629,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of WMB. Essex Financial Services Inc. lifted its stake in shares of Williams Companies by 3.7% in the 3rd quarter. Essex Financial Services Inc. now owns 13,479 shares of the pipeline company’s stock worth $854,000 after acquiring an additional 487 shares during the period. Advisors Capital Management LLC raised its holdings in Williams Companies by 2.3% during the third quarter. Advisors Capital Management LLC now owns 799,432 shares of the pipeline company’s stock worth $50,644,000 after purchasing an additional 17,798 shares in the last quarter. Drucker Wealth 3.0 LLC lifted its position in Williams Companies by 93.5% in the third quarter. Drucker Wealth 3.0 LLC now owns 28,797 shares of the pipeline company’s stock worth $1,824,000 after purchasing an additional 13,917 shares during the period. NEOS Investment Management LLC boosted its stake in Williams Companies by 45.4% during the 3rd quarter. NEOS Investment Management LLC now owns 165,469 shares of the pipeline company’s stock valued at $10,482,000 after purchasing an additional 51,633 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC increased its position in shares of Williams Companies by 4.9% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 6,753 shares of the pipeline company’s stock valued at $428,000 after purchasing an additional 316 shares during the period. Institutional investors and hedge funds own 86.44% of the company’s stock.

Williams Companies Price Performance

NYSE WMB opened at $72.28 on Friday. The company has a current ratio of 0.53, a quick ratio of 0.48 and a debt-to-equity ratio of 1.83. Williams Companies, Inc. has a 1 year low of $51.58 and a 1 year high of $73.04. The company has a market cap of $88.27 billion, a PE ratio of 33.78, a PEG ratio of 1.28 and a beta of 0.65. The stock’s 50-day moving average price is $63.57 and its two-hundred day moving average price is $61.15.

Williams Companies (NYSE:WMB) last released its earnings results on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.02). The firm had revenue of $3.20 billion during the quarter, compared to analysts’ expectations of $3.10 billion. Williams Companies had a return on equity of 17.32% and a net margin of 21.90%.During the same period last year, the business earned $0.47 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, analysts predict that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, March 13th will be issued a $0.525 dividend. The ex-dividend date is Friday, March 13th. This is an increase from Williams Companies’s previous quarterly dividend of $0.50. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.9%. Williams Companies’s dividend payout ratio is currently 93.46%.

Insider Activity at Williams Companies

In other news, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $66.39, for a total transaction of $132,780.00. Following the transaction, the senior vice president owned 293,545 shares in the company, valued at approximately $19,488,452.55. The trade was a 0.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.44% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several analysts have recently weighed in on WMB shares. Scotiabank upgraded Williams Companies from a “sector perform” rating to a “sector outperform” rating and upped their price objective for the company from $66.00 to $84.00 in a report on Friday, February 13th. Mizuho upgraded shares of Williams Companies to a “strong-buy” rating in a research report on Monday, October 27th. BMO Capital Markets reduced their price objective on shares of Williams Companies from $72.00 to $70.00 and set an “outperform” rating for the company in a research report on Wednesday, November 5th. Royal Bank Of Canada lifted their price objective on shares of Williams Companies from $75.00 to $78.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 11th. Finally, Wells Fargo & Company increased their target price on shares of Williams Companies from $71.00 to $80.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Williams Companies currently has an average rating of “Moderate Buy” and a consensus target price of $75.36.

About Williams Companies

Williams Companies, Inc (NYSE: WMB) is a U.S.-based energy infrastructure company focused on the midstream segment of the natural gas value chain. The company develops, owns and operates assets that gather, process, transport and store natural gas and natural gas liquids (NGLs). Its operations support the movement of gas from production areas to end users including utilities, power generators, industrial customers and export facilities.

Williams’s product and service offering includes interstate and intrastate pipeline transmission, gas-gathering systems, processing facilities that remove impurities and separate NGLs, storage services and fractionation and transportation of NGL products.