Icon Wealth Advisors LLC Decreases Stock Holdings in Williams Companies, Inc. (The) $WMB

Icon Wealth Advisors LLC reduced its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 11.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 102,520 shares of the pipeline company’s stock after selling 13,867 shares during the quarter. Icon Wealth Advisors LLC’s holdings in Williams Companies were worth $6,162,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. UMB Bank n.a. lifted its position in shares of Williams Companies by 1.0% during the fourth quarter. UMB Bank n.a. now owns 15,309 shares of the pipeline company’s stock worth $920,000 after purchasing an additional 148 shares in the last quarter. Parallel Advisors LLC lifted its position in shares of Williams Companies by 1.2% during the fourth quarter. Parallel Advisors LLC now owns 12,646 shares of the pipeline company’s stock worth $760,000 after purchasing an additional 149 shares in the last quarter. Great Diamond Partners LLC lifted its position in shares of Williams Companies by 0.4% during the fourth quarter. Great Diamond Partners LLC now owns 34,870 shares of the pipeline company’s stock worth $2,096,000 after purchasing an additional 150 shares in the last quarter. Betterment LLC lifted its position in shares of Williams Companies by 3.3% during the fourth quarter. Betterment LLC now owns 4,766 shares of the pipeline company’s stock worth $286,000 after purchasing an additional 154 shares in the last quarter. Finally, TD Waterhouse Canada Inc. lifted its position in shares of Williams Companies by 0.6% during the fourth quarter. TD Waterhouse Canada Inc. now owns 24,611 shares of the pipeline company’s stock worth $1,479,000 after purchasing an additional 158 shares in the last quarter. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Williams Companies Trading Up 0.4%

WMB opened at $71.92 on Friday. The stock has a market capitalization of $87.86 billion, a PE ratio of 31.54, a P/E/G ratio of 1.76 and a beta of 0.58. The firm’s fifty day moving average price is $73.44 and its 200 day moving average price is $68.85. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.83 and a quick ratio of 0.76. Williams Companies, Inc. has a 12-month low of $55.82 and a 12-month high of $80.07.

Williams Companies (NYSE:WMB) last posted its quarterly earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share (EPS) 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 analysts’ expectations of $3.28 billion. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The firm’s quarterly revenue was down .6% on a year-over-year basis. During the same period in the prior year, the company posted $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, research analysts expect that Williams Companies, Inc. will post 2.44 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Friday, June 12th will be paid a dividend of $0.525 per share. The ex-dividend date is Friday, June 12th. This represents a $2.10 annualized dividend and a yield of 2.9%. Williams Companies’s payout ratio is presently 92.11%.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, COO Larry C. Larsen sold 12,000 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $76.48, for a total transaction of $917,760.00. Following the completion of the sale, the chief operating officer owned 98,219 shares in the company, valued at $7,511,789.12. The trade was a 10.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Glen G. Jasek sold 2,500 shares of the business’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $78.15, for a total transaction of $195,375.00. Following the sale, the senior vice president owned 54,101 shares of the company’s stock, valued at approximately $4,227,993.15. The trade was a 4.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 68,500 shares of company stock worth $5,177,835 in the last ninety days. 0.47% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Stifel Nicolaus boosted their target price on shares of Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Wall Street Zen raised shares of Williams Companies from a “sell” rating to a “hold” rating in a research report on Sunday, April 5th. Morgan Stanley boosted their target price on shares of Williams Companies from $90.00 to $98.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 20th. Scotiabank boosted their target price 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, Citigroup boosted their target price on shares of Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Four equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $82.40.

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.