Quantbot Technologies LP boosted its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB – Free Report) by 4.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 300,330 shares of the pipeline company’s stock after purchasing an additional 12,112 shares during the period. Williams Companies comprises 0.5% of Quantbot Technologies LP’s portfolio, making the stock its 12th largest holding. Quantbot Technologies LP’s holdings in Williams Companies were worth $19,026,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also added to or reduced their stakes in the company. LRI Investments LLC lifted its holdings in shares of Williams Companies by 8.8% during the 3rd quarter. LRI Investments LLC now owns 2,169 shares of the pipeline company’s stock valued at $137,000 after buying an additional 176 shares during the period. Patten & Patten Inc. TN boosted its position in Williams Companies by 1.7% in the third quarter. Patten & Patten Inc. TN now owns 11,087 shares of the pipeline company’s stock worth $702,000 after purchasing an additional 187 shares during the last quarter. Chesley Taft & Associates LLC grew its stake in shares of Williams Companies by 1.9% during the 3rd quarter. Chesley Taft & Associates LLC now owns 10,420 shares of the pipeline company’s stock valued at $660,000 after purchasing an additional 199 shares during the period. Gentry Private Wealth LLC lifted its stake in shares of Williams Companies by 2.1% in the 3rd quarter. Gentry Private Wealth LLC now owns 9,578 shares of the pipeline company’s stock worth $607,000 after purchasing an additional 199 shares during the period. Finally, Tradewinds Capital Management LLC boosted its holdings in shares of Williams Companies by 9.0% in the third quarter. Tradewinds Capital Management LLC now owns 2,425 shares of the pipeline company’s stock worth $154,000 after buying an additional 200 shares during the last quarter. Institutional investors own 86.44% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on WMB shares. Tudor Pickering raised Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 1st. UBS Group lifted their target price on Williams Companies from $78.00 to $89.00 and gave the stock a “buy” rating in a report on Tuesday, February 17th. Wells Fargo & Company lifted their price target on Williams Companies from $71.00 to $80.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Scotiabank upgraded Williams Companies from a “sector perform” rating to a “sector outperform” rating and lifted their target price for the stock from $66.00 to $84.00 in a report on Friday, February 13th. Finally, Jefferies Financial Group raised their price target on Williams Companies from $78.00 to $81.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $75.36.
Insider Activity
In other Williams Companies news, CAO Mary A. Hausman sold 10,107 shares of the firm’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $74.91, for a total transaction of $757,115.37. Following the transaction, the chief accounting officer owned 17,230 shares of the company’s stock, valued at approximately $1,290,699.30. This trade represents a 36.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Terrance Lane Wilson sold 27,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $72.92, for a total transaction of $1,968,840.00. Following the completion of the sale, the senior vice president directly owned 293,159 shares of the company’s stock, valued at $21,377,154.28. The trade was a 8.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 41,107 shares of company stock valued at $2,982,535 over the last 90 days. 0.44% of the stock is currently owned by corporate insiders.
Williams Companies Trading Down 0.0%
WMB stock opened at $74.75 on Friday. The company has a market capitalization of $91.31 billion, a PE ratio of 34.93, a P/E/G ratio of 1.33 and a beta of 0.65. The firm’s 50-day moving average is $65.35 and its 200 day moving average is $61.78. Williams Companies, Inc. has a 12 month low of $51.58 and a 12 month high of $75.59. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.53 and a quick ratio of 0.48.
Williams Companies (NYSE:WMB – Get Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.02). Williams Companies had a net margin of 21.90% and a return on equity of 17.32%. The firm had revenue of $3.20 billion during the quarter, compared to analysts’ expectations of $3.10 billion. During the same quarter in the previous year, the firm posted $0.47 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, research analysts anticipate that Williams Companies, Inc. will post 2.08 EPS for the current year.
Williams Companies Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, March 13th will be paid a dividend of $0.525 per share. This is an increase from Williams Companies’s previous quarterly dividend of $0.50. This represents a $2.10 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, March 13th. Williams Companies’s payout ratio is 93.46%.
Williams Companies Profile
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.
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