Sunbelt Securities Inc. Acquires 19,967 Shares of Williams Companies, Inc. (The) $WMB

Sunbelt Securities Inc. boosted its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 2,906.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,654 shares of the pipeline company’s stock after buying an additional 19,967 shares during the quarter. Sunbelt Securities Inc.’s holdings in Williams Companies were worth $1,308,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Coldstream Capital Management Inc. raised its position in shares of Williams Companies by 13.1% in the third quarter. Coldstream Capital Management Inc. now owns 35,904 shares of the pipeline company’s stock valued at $2,275,000 after purchasing an additional 4,160 shares during the period. Danske Bank A S bought a new stake in shares of Williams Companies in the third quarter valued at approximately $3,328,000. Caitong International Asset Management Co. Ltd grew its stake in shares of Williams Companies by 200.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 2,133 shares of the pipeline company’s stock worth $135,000 after acquiring an additional 1,422 shares during the last quarter. GM Advisory Group LLC raised its stake in Williams Companies by 1.5% during the 3rd quarter. GM Advisory Group LLC now owns 18,323 shares of the pipeline company’s stock valued at $1,161,000 after purchasing an additional 267 shares during the last quarter. Finally, Fulcrum Asset Management LLP bought a new stake in Williams Companies in the 3rd quarter valued at $156,000. Institutional investors and hedge funds own 86.44% of the company’s stock.

Insider Transactions at Williams Companies

In other news, CAO Mary A. Hausman sold 10,107 shares of the stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $74.91, for a total value of $757,115.37. Following the sale, the chief accounting officer directly owned 17,230 shares of the company’s stock, valued at approximately $1,290,699.30. This represents a 36.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Payvand Fazel sold 2,898 shares of Williams Companies stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $73.15, for a total value of $211,988.70. Following the completion of the transaction, the senior vice president directly owned 31,766 shares of the company’s stock, valued at approximately $2,323,682.90. This represents a 8.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 51,369 shares of company stock valued at $3,769,012. 0.44% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

WMB has been the topic of several recent research reports. Zacks Research raised shares of Williams Companies from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 4th. Jefferies Financial Group lifted their price objective on shares of Williams Companies from $78.00 to $81.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Morgan Stanley lifted their target price on Williams Companies from $83.00 to $90.00 and gave the stock an “overweight” rating in a report on Monday, March 2nd. UBS Group boosted their price objective on shares of Williams Companies from $78.00 to $89.00 and gave the company a “buy” rating in a research report on Tuesday, February 17th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a report on Monday, December 29th. Two equities research 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 company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $76.50.

Williams Companies Price Performance

WMB stock opened at $72.75 on Thursday. The company has a quick ratio of 0.48, a current ratio of 0.53 and a debt-to-equity ratio of 1.83. The firm has a market cap of $88.86 billion, a price-to-earnings ratio of 33.99, a PEG ratio of 1.27 and a beta of 0.63. The company’s fifty day simple moving average is $69.07 and its 200 day simple moving average is $63.35. Williams Companies, Inc. has a 12-month low of $51.58 and a 12-month high of $76.87.

Williams Companies (NYSE:WMB) last issued its earnings results on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.02). The business had revenue of $3.20 billion during 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 quarter in the previous year, the firm posted $0.47 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, analysts expect that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Increases Dividend

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

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.