Bridgefront Capital LLC acquired a new stake in shares of Williams Companies, Inc. (The) (NYSE:WMB – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 8,194 shares of the pipeline company’s stock, valued at approximately $519,000.
A number of other institutional investors also recently modified their holdings of the company. Brighton Jones LLC raised its holdings in Williams Companies by 40.9% during the fourth quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock worth $740,000 after buying an additional 3,969 shares during the last quarter. Sivia Capital Partners LLC grew its holdings in shares of Williams Companies by 5.5% during the second quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock valued at $291,000 after buying an additional 242 shares during the last quarter. SG Americas Securities LLC increased its position in shares of Williams Companies by 125.3% during the second quarter. SG Americas Securities LLC now owns 65,051 shares of the pipeline company’s stock worth $4,086,000 after acquiring an additional 321,940 shares in the last quarter. Creative Planning increased its position in shares of Williams Companies by 13.1% during the second quarter. Creative Planning now owns 284,057 shares of the pipeline company’s stock worth $17,842,000 after acquiring an additional 33,011 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in shares of Williams Companies by 4.8% in the 2nd quarter. Cetera Investment Advisers now owns 691,150 shares of the pipeline company’s stock worth $43,411,000 after acquiring an additional 31,927 shares during the last quarter. 86.44% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Williams Companies
In other Williams Companies news, CAO Mary A. Hausman sold 10,107 shares of Williams Companies stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $74.91, for a total transaction of $757,115.37. Following the completion of the transaction, the chief accounting officer owned 17,230 shares of the company’s stock, valued at $1,290,699.30. The trade was a 36.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Terrance Lane Wilson sold 27,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $72.92, for a total transaction of $1,968,840.00. Following the transaction, the senior vice president directly owned 293,159 shares of the company’s stock, valued at approximately $21,377,154.28. This represents a 8.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 48,471 shares of company stock worth $3,557,023. Corporate insiders own 0.44% of the company’s stock.
Williams Companies Price Performance
Williams Companies (NYSE:WMB – Get Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The pipeline company reported $0.55 EPS for the quarter, missing the consensus estimate 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 company posted $0.47 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, research analysts expect 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 paid a $0.525 dividend. The ex-dividend date is Friday, March 13th. This is a positive change from Williams Companies’s previous quarterly dividend of $0.50. This represents a $2.10 annualized dividend and a dividend yield of 2.8%. Williams Companies’s dividend payout ratio is 98.13%.
Analyst Ratings Changes
A number of equities analysts have issued reports on WMB shares. UBS Group lifted their price target on Williams Companies from $78.00 to $89.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. Tudor Pickering raised Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 1st. Stifel Nicolaus raised their target price on Williams Companies from $69.00 to $78.00 and gave the company a “buy” rating in a report on Friday, February 13th. Royal Bank Of Canada lifted their target price on Williams Companies from $75.00 to $78.00 and gave the company an “outperform” rating in a research report on Wednesday, February 11th. Finally, Citigroup upped their price target on Williams Companies from $70.00 to $81.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Williams Companies has a consensus rating of “Moderate Buy” and a consensus price target of $76.50.
Check Out Our Latest Stock Report on Williams Companies
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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