Caerus Investment Advisors LLC Takes $659,000 Position in Williams Companies, Inc. (The) $WMB

Caerus Investment Advisors LLC bought a new position in Williams Companies, Inc. (The) (NYSE:WMBFree Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 10,405 shares of the pipeline company’s stock, valued at approximately $659,000.

Several other large investors have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in Williams Companies by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 133,075,340 shares of the pipeline company’s stock worth $8,358,462,000 after acquiring an additional 1,912,156 shares in the last quarter. Wellington Management Group LLP grew its stake in Williams Companies by 15.9% during the 3rd quarter. Wellington Management Group LLP now owns 48,586,299 shares of the pipeline company’s stock valued at $3,077,942,000 after acquiring an additional 6,668,950 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Williams Companies by 1.1% in the 3rd quarter. Invesco Ltd. now owns 14,575,898 shares of the pipeline company’s stock valued at $923,383,000 after purchasing an additional 158,077 shares during the period. Norges Bank purchased a new stake in shares of Williams Companies in the second quarter worth approximately $765,164,000. Finally, BROOKFIELD Corp ON lifted its position in shares of Williams Companies by 190.3% in the second quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock worth $755,490,000 after purchasing an additional 7,884,730 shares in the last quarter. 86.44% of the stock is owned by institutional investors and hedge funds.

Williams Companies Trading Down 0.3%

NYSE:WMB opened at $73.68 on Wednesday. The company’s 50 day moving average is $68.83 and its 200-day moving average is $63.28. The company has a quick ratio of 0.48, a current ratio of 0.53 and a debt-to-equity ratio of 1.83. Williams Companies, Inc. has a 12 month low of $51.58 and a 12 month high of $76.87. The firm has a market cap of $90.00 billion, a price-to-earnings ratio of 34.43, a P/E/G ratio of 1.27 and a beta of 0.63.

Williams Companies (NYSE:WMBGet Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.02). The firm had revenue of $3.20 billion for the quarter, compared to the consensus estimate 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 in the prior year, the company posted $0.47 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Equities analysts anticipate that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, March 13th will be given a dividend of $0.525 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $2.10 annualized dividend and a dividend yield of 2.9%. This is a boost from Williams Companies’s previous quarterly dividend of $0.50. Williams Companies’s payout ratio is presently 98.13%.

Insiders Place Their Bets

In other news, SVP Payvand Fazel sold 2,898 shares of the firm’s stock in a transaction on Friday, March 13th. The shares were sold at an average price of $73.15, for a total value of $211,988.70. Following the sale, the senior vice president owned 31,766 shares in the company, valued at approximately $2,323,682.90. This trade represents a 8.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $75.24, for a total transaction of $150,480.00. Following the transaction, the senior vice president owned 291,159 shares of the company’s stock, valued at approximately $21,906,803.16. The trade was a 0.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 51,369 shares of company stock worth $3,769,012 in the last 90 days. 0.44% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

WMB has been the topic of a number of research analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Williams Companies in a research report on Monday, December 29th. Royal Bank Of Canada lifted their target price on shares of Williams Companies from $75.00 to $78.00 and gave the company an “outperform” rating in a research note on Wednesday, February 11th. Zacks Research upgraded shares of Williams Companies from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 4th. Jefferies Financial Group upped their price target on shares of Williams Companies from $78.00 to $81.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Finally, Morgan Stanley increased their price objective on Williams Companies from $83.00 to $90.00 and gave the stock an “overweight” rating in a report on Monday, March 2nd. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Williams Companies currently has a consensus rating of “Moderate Buy” and an average price target of $76.50.

Check Out Our Latest Research Report on Williams Companies

About Williams Companies

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

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