9,349 Shares in Williams Companies, Inc. (The) $WMB Bought by Wedbush Fund Advisers LLC

Wedbush Fund Advisers LLC acquired a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 9,349 shares of the pipeline company’s stock, valued at approximately $695,000.

A number of other institutional investors also recently bought and sold shares of the business. Main Street Group LTD purchased a new stake in Williams Companies during the 1st quarter valued at approximately $26,000. Motiv8 Investments LLC acquired a new stake in Williams Companies during the 4th quarter worth approximately $27,000. Allied Private Wealth LLC purchased a new position in shares of Williams Companies in the 2nd quarter valued at approximately $28,000. Bayforest Capital Ltd acquired a new position in shares of Williams Companies in the second quarter valued at approximately $28,000. Finally, Clearstead Trust LLC increased its holdings in shares of Williams Companies by 62.2% in the fourth quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock valued at $29,000 after purchasing an additional 186 shares during the period. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, SVP Terrance Lane Wilson sold 13,000 shares of Williams Companies stock in a transaction on Friday, August 14th. The stock was sold at an average price of $74.87, for a total transaction of $973,310.00. Following the completion of the transaction, the senior vice president owned 268,159 shares of the company’s stock, valued at $20,077,064.33. The trade was a 4.62% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Over the last three months, insiders sold 17,000 shares of company stock worth $1,262,930. Insiders own 0.47% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on WMB shares. Scotiabank increased their price target on Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a report on Tuesday, May 12th. Morgan Stanley upped their price objective on shares of Williams Companies from $99.00 to $103.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 18th. The Goldman Sachs Group restated a “buy” rating and issued a $82.00 target price on shares of Williams Companies in a research note on Tuesday, July 14th. Canadian Imperial Bank of Commerce lifted their target price on shares of Williams Companies from $83.00 to $85.00 and gave the company an “outperformer” rating in a report on Tuesday, May 26th. Finally, Wall Street Zen cut shares of Williams Companies from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $85.60.

Williams Companies Stock Performance

WMB opened at $71.00 on Wednesday. Williams Companies, Inc. has a 1-year low of $56.08 and a 1-year high of $80.07. The stock has a market cap of $86.84 billion, a P/E ratio of 28.29, a P/E/G ratio of 1.48 and a beta of 0.58. The stock’s 50 day simple moving average is $73.36 and its 200 day simple moving average is $73.23. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.48 and a quick ratio of 0.43.

Williams Companies (NYSE:WMB) last issued its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.50. The firm had revenue of $3.05 billion during the quarter, compared to analysts’ expectations of $2.83 billion. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.Williams Companies’s revenue was up 9.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.46 earnings per share. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. As a group, equities analysts anticipate that Williams Companies, Inc. will post 2.45 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, September 11th will be given a $0.525 dividend. The ex-dividend date is Friday, September 11th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 3.0%. Williams Companies’s dividend payout ratio (DPR) is currently 83.67%.

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.