Northside Capital Management LLC decreased its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB – Free Report) by 64.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,686 shares of the pipeline company’s stock after selling 8,446 shares during the quarter. Northside Capital Management LLC’s holdings in Williams Companies were worth $282,000 at the end of the most recent quarter.
A number of other institutional investors have also recently modified their holdings of the stock. Salomon & Ludwin LLC bought a new position in shares of Williams Companies during the third quarter valued at $35,000. Financial Life Planners bought a new position in Williams Companies in the 3rd quarter worth about $36,000. South Plains Financial Inc. boosted its stake in Williams Companies by 289.7% in the 2nd quarter. South Plains Financial Inc. now owns 608 shares of the pipeline company’s stock worth $38,000 after purchasing an additional 452 shares in the last quarter. OLD Second National Bank of Aurora grew its position in Williams Companies by 71.2% during the 3rd quarter. OLD Second National Bank of Aurora now owns 630 shares of the pipeline company’s stock valued at $40,000 after purchasing an additional 262 shares during the last quarter. Finally, Turning Point Benefit Group Inc. purchased a new stake in Williams Companies during the 3rd quarter valued at $46,000. 86.44% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Williams Companies
In other news, SVP Todd J. Rinke sold 7,364 shares of the company’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $74.39, for a total value of $547,807.96. Following the sale, the senior vice president directly owned 26,055 shares of the company’s stock, valued at $1,938,231.45. This represents a 22.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Terrance Lane Wilson sold 27,000 shares of the stock in a transaction 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 owned 293,159 shares in the company, 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 have sold a total of 51,369 shares of company stock worth $3,769,012 in the last 90 days. Corporate insiders own 0.44% of the company’s stock.
Williams Companies Trading Down 2.2%
Williams Companies (NYSE:WMB – Get Free Report) last posted its quarterly 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 for the quarter, compared to analysts’ expectations of $3.10 billion. Williams Companies had a net margin of 21.90% and a return on equity of 17.32%. 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, analysts forecast that Williams Companies, Inc. will post 2.08 earnings per share for the current year.
Williams Companies Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, March 13th will be given a $0.525 dividend. 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 yield of 2.9%. The ex-dividend date is Friday, March 13th. Williams Companies’s payout ratio is currently 98.13%.
Analyst Ratings Changes
Several analysts recently issued reports on the stock. Zacks Research upgraded shares of Williams Companies from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 4th. Morgan Stanley boosted their target price on shares of Williams Companies from $83.00 to $90.00 and gave the stock an “overweight” rating in a report on Monday, March 2nd. Wall Street Zen upgraded shares of Williams Companies from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Citigroup lifted their target price on Williams Companies from $70.00 to $81.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Finally, Stifel Nicolaus lifted their price target on shares of Williams Companies from $69.00 to $78.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Williams Companies has a consensus rating of “Moderate Buy” and an average price target of $76.50.
Get Our Latest Research Report on WMB
Williams Companies Company 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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