Diversify Wealth Management LLC Purchases 44,528 Shares of Williams Companies, Inc. (The) $WMB

Diversify Wealth Management LLC raised its position in Williams Companies, Inc. (The) (NYSE:WMB) by 490.9% in the first quarter, HoldingsChannel reports. The fund owned 53,599 shares of the pipeline company’s stock after purchasing an additional 44,528 shares during the quarter. Diversify Wealth Management LLC’s holdings in Williams Companies were worth $3,930,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Towne Trust Company N.A lifted its holdings in shares of Williams Companies by 60.2% in the 4th quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock worth $26,000 after purchasing an additional 162 shares in the last quarter. Motiv8 Investments LLC acquired a new stake in Williams Companies in the 4th quarter valued at $27,000. Clearstead Trust LLC increased its stake 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. Kemnay Advisory Services Inc. bought a new stake in Williams Companies during the 4th quarter valued at $29,000. Finally, WHI TRUST Co LLC acquired a new position in Williams Companies during the fourth quarter worth $30,000. Institutional investors own 86.44% of the company’s stock.

Insider Activity at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $74.16, for a total value of $148,320.00. Following the transaction, the senior vice president directly owned 283,159 shares in the company, valued at $20,999,071.44. The trade was a 0.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Glen G. Jasek sold 2,500 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was 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 a total of 68,500 shares of company stock worth $5,182,655 in the last ninety days. Corporate insiders own 0.47% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on WMB shares. The Goldman Sachs Group raised shares of Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 price objective on the stock in a research note on Monday, April 20th. Barclays boosted their target price on shares of Williams Companies from $73.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 8th. Truist Financial began coverage on shares of Williams Companies in a research report on Tuesday, March 24th. They issued a “buy” rating and a $84.00 price target on the stock. Morgan Stanley lifted their price target on Williams Companies from $90.00 to $98.00 and gave the company an “overweight” rating in a research note on Wednesday, May 20th. Finally, TD Cowen boosted their price objective on Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Four 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, Williams Companies presently has a consensus rating of “Buy” and a consensus target price of $83.50.

Williams Companies Stock Performance

Shares of Williams Companies stock opened at $75.02 on Monday. The business’s fifty day simple moving average is $74.34 and its 200 day simple moving average is $70.87. 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 $80.07. The firm has a market capitalization of $91.64 billion, a P/E ratio of 32.90, a price-to-earnings-growth ratio of 1.84 and a beta of 0.57.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data on Monday, May 4th. The pipeline company reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.10. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The firm had revenue of $3.03 billion during the quarter, compared to the consensus estimate of $3.28 billion. During the same quarter in the prior year, the company earned $0.60 EPS. The business’s revenue for the quarter 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, analysts anticipate that Williams Companies, Inc. will post 2.44 EPS for the current year.

Williams Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Friday, June 12th were given a dividend of $0.525 per share. The ex-dividend date was Friday, June 12th. This represents a $2.10 annualized dividend and a yield of 2.8%. Williams Companies’s dividend payout ratio is presently 92.11%.

Williams Companies Company 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.