Northwestern Mutual Wealth Management Co. Acquires 19,857 Shares of Williams Companies, Inc. (The) $WMB

Northwestern Mutual Wealth Management Co. increased its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 21.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 111,133 shares of the pipeline company’s stock after acquiring an additional 19,857 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Williams Companies were worth $8,262,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in WMB. Main Street Group LTD bought a new position in Williams Companies in the 1st quarter worth $26,000. Allied Private Wealth LLC bought a new stake in shares of Williams Companies during the 2nd quarter valued at about $28,000. Bayforest Capital Ltd purchased a new position in shares of Williams Companies during the second quarter valued at about $28,000. Frazier Financial Advisors LLC raised its stake in Williams Companies by 59.4% in the first quarter. Frazier Financial Advisors LLC now owns 416 shares of the pipeline company’s stock worth $30,000 after buying an additional 155 shares in the last quarter. Finally, Motiv8 Investments LLC bought a new position in Williams Companies in the fourth quarter worth about $27,000. Institutional investors own 86.44% of the company’s stock.

Insider Buying and Selling

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $75.56, for a total value of $151,120.00. Following the sale, the senior vice president directly owned 264,259 shares of the company’s stock, valued at approximately $19,967,410.04. This represents a 0.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders sold 19,000 shares of company stock valued at $1,414,050 over the last 90 days. Insiders own 0.47% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on WMB shares. Stifel Nicolaus lifted their price objective on Williams Companies from $78.00 to $83.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Citigroup increased their target price on Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Wall Street Zen cut Williams Companies from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Weiss Ratings restated a “buy (b)” rating on shares of Williams Companies in a research report on Wednesday, June 24th. Finally, Scotiabank increased their price objective on Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a report on Tuesday, May 12th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $85.60.

Williams Companies Price Performance

Shares of NYSE WMB opened at $75.26 on Thursday. Williams Companies, Inc. has a fifty-two week low of $56.08 and a fifty-two week high of $80.07. The company has a 50 day simple moving average of $73.44 and a two-hundred day simple moving average of $73.47. The company has a market capitalization of $92.06 billion, a price-to-earnings ratio of 29.98, a P/E/G ratio of 1.57 and a beta of 0.59. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48.

Williams Companies (NYSE:WMB) last issued its quarterly earnings results on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, hitting analysts’ consensus estimates of $0.50. The firm had revenue of $3.05 billion for 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%.The business’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Analysts expect that Williams Companies, Inc. will post 2.45 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, September 11th will be issued a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, September 11th. Williams Companies’s payout ratio is 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.