Profund Advisors LLC Cuts Stock Holdings in Williams Companies, Inc. (The) $WMB

Profund Advisors LLC lowered its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 15.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 38,059 shares of the pipeline company’s stock after selling 7,078 shares during the quarter. Profund Advisors LLC’s holdings in Williams Companies were worth $2,288,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. lifted its position in Williams Companies by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 133,963,343 shares of the pipeline company’s stock valued at $8,052,537,000 after purchasing an additional 883,245 shares during the last quarter. Wellington Management Group LLP lifted its position in Williams Companies by 15.9% during the third quarter. Wellington Management Group LLP now owns 48,586,299 shares of the pipeline company’s stock valued at $3,077,942,000 after purchasing an additional 6,668,950 shares during the last quarter. Invesco Ltd. lifted its position in Williams Companies by 1.1% during the third 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 last quarter. BROOKFIELD Corp ON lifted its position in Williams Companies by 190.3% during the second quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock valued at $755,490,000 after purchasing an additional 7,884,730 shares during the last quarter. Finally, Amundi lifted its position in Williams Companies by 5.3% during the third quarter. Amundi now owns 9,600,016 shares of the pipeline company’s stock valued at $610,369,000 after purchasing an additional 481,082 shares during the last quarter. Institutional investors own 86.44% of the company’s stock.

Williams Companies Price Performance

Williams Companies stock opened at $79.32 on Wednesday. The firm has a 50-day moving average price of $73.39 and a 200-day moving average price of $67.09. The firm has a market capitalization of $96.89 billion, a PE ratio of 34.79, a price-to-earnings-growth ratio of 1.32 and a beta of 0.61. The company has a current ratio of 0.83, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. Williams Companies, Inc. has a 12-month low of $55.82 and a 12-month high of $79.59.

Williams Companies (NYSE:WMB) last released its earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.10. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The firm had revenue of $3.03 billion during the quarter, compared to analyst estimates of $3.28 billion. During the same quarter last year, the business earned $0.60 EPS. The business’s revenue was down .6% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, equities research analysts forecast that Williams Companies, Inc. will post 2.37 EPS for the current year.

Williams Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Friday, June 12th will be issued a dividend of $0.525 per share. The ex-dividend date is Friday, June 12th. This represents a $2.10 dividend on an annualized basis and a yield of 2.6%. Williams Companies’s dividend payout ratio (DPR) is presently 92.11%.

Analysts Set New Price Targets

WMB has been the subject of several research reports. Royal Bank Of Canada increased their price objective on shares of Williams Companies from $82.00 to $83.00 and gave the company an “outperform” rating in a research report on Thursday, May 7th. Scotiabank increased their price objective on shares of Williams Companies from $85.00 to $86.00 and gave the company a “sector outperform” rating in a research report on Tuesday, May 12th. Truist Financial began coverage on shares of Williams Companies in a report on Tuesday, March 24th. They issued a “buy” rating and a $84.00 target price for the company. Wall Street Zen upgraded shares of Williams Companies from a “sell” rating to a “hold” rating in a report on Sunday, April 5th. Finally, Jefferies Financial Group raised their target price on shares of Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, April 10th. Four analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $80.47.

Insider Activity at Williams Companies

In related news, SVP Glen G. Jasek sold 2,500 shares of Williams Companies stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $78.15, for a total transaction of $195,375.00. Following the completion of the sale, the senior vice president owned 54,101 shares in the company, valued at $4,227,993.15. This trade represents a 4.42% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Payvand Fazel sold 2,898 shares of Williams Companies stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $73.15, for a total transaction of $211,988.70. Following the sale, the senior vice president owned 31,766 shares of the company’s stock, valued at $2,323,682.90. The trade was a 8.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 117,869 shares of company stock worth $8,814,067 over the last ninety days. 0.47% of the stock is currently owned by company insiders.

About Williams Companies

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.