Fjarde AP Fonden Fourth Swedish National Pension Fund acquired a new position in Williams Companies, Inc. (The) (NYSE:WMB – Free Report) in the 4th quarter, Holdings Channel reports. The firm acquired 82,000 shares of the pipeline company’s stock, valued at approximately $4,929,000.
Several other large investors also recently made changes to their positions in WMB. Towne Trust Company N.A increased its position in shares of Williams Companies by 60.2% in the fourth quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock worth $26,000 after acquiring an additional 162 shares in the last quarter. Clearstead Trust LLC grew its holdings in Williams Companies by 62.2% during the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock valued at $29,000 after purchasing an additional 186 shares in the last quarter. WHI TRUST Co LLC acquired a new stake in Williams Companies during the 4th quarter valued at $30,000. Entrust Financial LLC acquired a new stake in Williams Companies during the 4th quarter valued at $31,000. Finally, Flagship Wealth Advisors LLC bought a new position in Williams Companies during the 4th quarter valued at $33,000. Institutional investors and hedge funds own 86.44% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts have recently issued reports on the stock. Royal Bank Of Canada raised their price target on shares of Williams Companies from $82.00 to $83.00 and gave the stock an “outperform” rating in a research report on Thursday, May 7th. Wells Fargo & Company raised their price target on shares of Williams Companies from $80.00 to $89.00 and gave the stock an “overweight” rating in a research report on Friday, March 13th. Wolfe Research upgraded shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Scotiabank raised their price target on shares of Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, May 12th. Finally, Jefferies Financial Group raised their price target on shares of Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a research report on Friday, April 10th. Four investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $82.40.
Williams Companies Trading Down 0.5%
Shares of NYSE:WMB opened at $71.60 on Tuesday. The company has a market cap of $87.47 billion, a PE ratio of 31.40, a P/E/G ratio of 1.76 and a beta of 0.58. The company’s 50-day moving average price is $73.50 and its 200 day moving average price is $68.56. Williams Companies, Inc. has a fifty-two week low of $55.82 and a fifty-two week high of $80.07. The company has a quick ratio of 0.76, a current ratio of 0.83 and a debt-to-equity ratio of 1.99.
Williams Companies (NYSE:WMB – Get Free Report) last issued its quarterly earnings data on Monday, May 4th. The pipeline company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.10. The firm had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $3.28 billion. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. Williams Companies’s quarterly revenue was down .6% compared to the same quarter last year. During the same period last year, the firm posted $0.60 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Sell-side analysts anticipate that Williams Companies, Inc. will post 2.44 earnings per share for the current year.
Williams Companies Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Friday, June 12th will be given a $0.525 dividend. The ex-dividend date is Friday, June 12th. This represents a $2.10 annualized dividend and a yield of 2.9%. Williams Companies’s dividend payout ratio (DPR) is currently 92.11%.
Insider Activity
In other Williams Companies news, COO Larry C. Larsen sold 12,000 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $76.48, for a total transaction of $917,760.00. Following the transaction, the chief operating officer owned 98,219 shares of the company’s stock, valued at approximately $7,511,789.12. This trade represents a 10.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Payvand Fazel sold 2,898 shares of the firm’s 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 transaction, the senior vice president directly owned 31,766 shares in the company, valued at approximately $2,323,682.90. The trade was a 8.36% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 78,762 shares of company stock worth $5,937,632 in the last 90 days. 0.47% of the stock is currently owned by corporate insiders.
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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