Williams Companies, Inc. (The) $WMB Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC lowered its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 43.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 182,432 shares of the pipeline company’s stock after selling 138,276 shares during the quarter. Intech Investment Management LLC’s holdings in Williams Companies were worth $11,557,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC lifted its holdings in Williams Companies by 40.9% in the 4th quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock valued at $740,000 after purchasing an additional 3,969 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in shares of Williams Companies by 5.5% during the second quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock worth $291,000 after buying an additional 242 shares in the last quarter. Ashton Thomas Private Wealth LLC raised its position in shares of Williams Companies by 29.0% in the second quarter. Ashton Thomas Private Wealth LLC now owns 15,369 shares of the pipeline company’s stock valued at $965,000 after buying an additional 3,451 shares during the last quarter. Advisory Alpha LLC purchased a new position in shares of Williams Companies in the second quarter worth about $223,000. Finally, Howard Capital Management Inc. boosted its position in Williams Companies by 10.1% during the second quarter. Howard Capital Management Inc. now owns 12,715 shares of the pipeline company’s stock worth $799,000 after acquiring an additional 1,167 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on WMB shares. Stifel Nicolaus increased their price objective on shares of Williams Companies from $69.00 to $78.00 and gave the company a “buy” rating in a report on Friday, February 13th. BMO Capital Markets cut their price target on Williams Companies from $72.00 to $70.00 and set an “outperform” rating for the company in a report on Wednesday, November 5th. Jefferies Financial Group boosted their price objective on Williams Companies from $78.00 to $81.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Scotiabank raised Williams Companies from a “sector perform” rating to a “sector outperform” rating and raised their target price for the stock from $66.00 to $84.00 in a research note on Friday, February 13th. Finally, Royal Bank Of Canada boosted their price target on shares of Williams Companies from $75.00 to $78.00 and gave the company an “outperform” rating in a research report on Wednesday, February 11th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $75.36.

Williams Companies Stock Performance

NYSE WMB opened at $74.77 on Friday. The stock has a fifty day simple moving average of $65.02 and a 200-day simple moving average of $61.66. The company has a current ratio of 0.53, a quick ratio of 0.48 and a debt-to-equity ratio of 1.83. The stock has a market cap of $91.34 billion, a PE ratio of 34.94, a P/E/G ratio of 1.32 and a beta of 0.65. Williams Companies, Inc. has a twelve month low of $51.58 and a twelve month high of $75.49.

Williams Companies (NYSE:WMB) last posted its earnings results on Tuesday, February 10th. The pipeline company reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.02). Williams Companies had a net margin of 21.90% and a return on equity of 17.32%. The company had revenue of $3.20 billion during the quarter, compared to analyst estimates of $3.10 billion. During the same period in the previous year, the company earned $0.47 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Equities analysts anticipate that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, March 13th will be issued a $0.525 dividend. This is a boost from Williams Companies’s previous quarterly dividend of $0.50. The ex-dividend date is Friday, March 13th. This represents a $2.10 annualized dividend and a yield of 2.8%. Williams Companies’s payout ratio is 93.46%.

Insider Transactions at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 27,000 shares of the company’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $72.92, for a total transaction of $1,968,840.00. Following the transaction, the senior vice president directly owned 293,159 shares in the company, valued at $21,377,154.28. This represents a 8.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 31,000 shares of company stock valued at $2,225,420 over the last 90 days. 0.44% of the stock is owned by insiders.

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.