Rational Advisors Inc. lifted its holdings in Williams Companies, Inc. (The) (NYSE:WMB – Free Report) by 356.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,594 shares of the pipeline company’s stock after acquiring an additional 12,957 shares during the period. Rational Advisors Inc.’s holdings in Williams Companies were worth $997,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its position in shares of Williams Companies by 3.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,540,556 shares of the pipeline company’s stock worth $287,644,000 after acquiring an additional 134,777 shares in the last quarter. Fort Washington Investment Advisors Inc. OH bought a new position in shares of Williams Companies in the 4th quarter worth about $4,627,000. Atlantic Union Bankshares Corp raised its position in shares of Williams Companies by 3,344.8% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 17,465 shares of the pipeline company’s stock worth $1,106,000 after acquiring an additional 16,958 shares in the last quarter. Gabelli Funds LLC raised its position in shares of Williams Companies by 7.4% in the 4th quarter. Gabelli Funds LLC now owns 261,000 shares of the pipeline company’s stock worth $15,689,000 after acquiring an additional 17,900 shares in the last quarter. Finally, Nordea Investment Management AB raised its position in shares of Williams Companies by 21.0% in the 4th quarter. Nordea Investment Management AB now owns 2,105,570 shares of the pipeline company’s stock worth $125,839,000 after acquiring an additional 365,546 shares in the last quarter. 86.44% of the stock is owned by institutional investors.
Williams Companies Stock Performance
Shares of Williams Companies stock opened at $71.23 on Wednesday. Williams Companies, Inc. has a one year low of $55.82 and a one year high of $80.07. The firm has a market capitalization of $87.01 billion, a price-to-earnings ratio of 31.24, a PEG ratio of 1.70 and a beta of 0.58. The business has a 50-day simple moving average of $73.69 and a 200 day simple moving average of $68.15. 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 Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Friday, June 12th will be issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Friday, June 12th. Williams Companies’s payout ratio is currently 92.11%.
Williams Companies News Roundup
Here are the key news stories impacting Williams Companies this week:
- Positive Sentiment: Argus raised its price target on Williams Companies, highlighting the company’s large role in U.S. natural gas infrastructure and its position among the better-liked energy stocks, which can reinforce investor confidence. The Williams Companies (WMB) Price Target Raised by $2 at Argus
- Positive Sentiment: Broader midstream and gas-infrastructure coverage has been constructive, citing robust gas backlogs, LNG export growth, and rising power demand from data centers as tailwinds for natural-gas-focused pipeline companies like WMB. Midstream: Robust Gas Backlogs Drive Growth Visibility
- Positive Sentiment: A Zacks article compared WMB favorably as a value stock versus peer Ultrapar, which may help keep valuation-focused investors interested. UGP or WMB: Which Is the Better Value Stock Right Now?
- Neutral Sentiment: The company expanded funding flexibility by adding new credit lines and filing a shelf registration, which gives Williams more financial optionality but also raises the possibility of future share issuance. Williams Companies Expands Funding Options With New Credit Lines And Equity Shelf
- Negative Sentiment: US Capital Advisors trimmed earnings estimates for several future periods, including FY2027 and FY2028, which can pressure sentiment if investors view the cuts as a sign of slower profit growth ahead. Williams Companies research notes and estimates
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on WMB. Canadian Imperial Bank of Commerce lifted their price objective on Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a research report on Tuesday, May 26th. Zacks Research raised Williams Companies from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 4th. Scotiabank boosted their target price on Williams Companies from $85.00 to $86.00 and gave the company a “sector outperform” rating in a research report on Tuesday, May 12th. UBS Group boosted their target price on Williams Companies from $89.00 to $91.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Finally, TD Cowen boosted their target price on Williams Companies from $81.00 to $87.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. 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 company’s stock. Based on data from MarketBeat, Williams Companies has an average rating of “Buy” and an average price target of $82.40.
Read Our Latest Research Report on Williams Companies
Insider Activity
In other Williams Companies news, CFO John Dean Porter sold 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $75.37, for a total transaction of $3,768,500.00. Following the completion of the sale, the chief financial officer directly owned 196,567 shares of the company’s stock, valued at approximately $14,815,254.79. The trade was a 20.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Larry C. Larsen sold 12,000 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $76.48, for a total value of $917,760.00. Following the sale, the chief operating officer directly owned 98,219 shares of the company’s stock, valued at $7,511,789.12. This represents a 10.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 78,762 shares of company stock worth $5,937,632. Company insiders own 0.47% of the company’s stock.
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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