DNB Asset Management AS Lowers Holdings in Williams Companies, Inc. (The) $WMB

DNB Asset Management AS reduced its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 5.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 362,842 shares of the pipeline company’s stock after selling 19,302 shares during the period. DNB Asset Management AS’s holdings in Williams Companies were worth $22,986,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Choreo LLC increased its position in Williams Companies by 1.2% during the third quarter. Choreo LLC now owns 26,255 shares of the pipeline company’s stock worth $1,663,000 after purchasing an additional 317 shares during the last quarter. Advisor OS LLC boosted its holdings in shares of Williams Companies by 27.2% in the 3rd quarter. Advisor OS LLC now owns 29,578 shares of the pipeline company’s stock valued at $1,874,000 after purchasing an additional 6,316 shares during the last quarter. Interchange Capital Partners LLC grew its stake in shares of Williams Companies by 24.9% during the 3rd quarter. Interchange Capital Partners LLC now owns 7,382 shares of the pipeline company’s stock valued at $468,000 after buying an additional 1,474 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of Williams Companies by 2.4% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,706,923 shares of the pipeline company’s stock worth $171,484,000 after buying an additional 64,351 shares during the last quarter. Finally, Westfield Capital Management Co. LP increased its holdings in shares of Williams Companies by 13.4% during the 3rd quarter. Westfield Capital Management Co. LP now owns 201,065 shares of the pipeline company’s stock worth $12,737,000 after buying an additional 23,747 shares during the last quarter. 86.44% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, CAO Mary A. Hausman sold 10,107 shares of the business’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $74.91, for a total value of $757,115.37. Following the transaction, the chief accounting officer owned 17,230 shares in the company, valued at $1,290,699.30. The trade was a 36.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Terrance Lane Wilson sold 27,000 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $72.92, for a total transaction of $1,968,840.00. Following the completion of the transaction, the senior vice president directly owned 293,159 shares of the company’s stock, valued at approximately $21,377,154.28. The trade was a 8.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 41,107 shares of company stock worth $2,982,535 in the last ninety days. 0.44% of the stock is currently owned by insiders.

Williams Companies Stock Performance

Shares of NYSE:WMB opened at $74.75 on Friday. The business’s 50-day simple moving average is $65.35 and its 200 day simple moving average is $61.78. The company has a market cap of $91.31 billion, a P/E ratio of 34.93, a PEG ratio of 1.33 and a beta of 0.65. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.48 and a current ratio of 0.53. Williams Companies, Inc. has a one year low of $51.58 and a one year high of $75.59.

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

Williams Companies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, March 13th will be issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Friday, March 13th. This is a positive change from Williams Companies’s previous quarterly dividend of $0.50. Williams Companies’s dividend payout ratio (DPR) is 93.46%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on WMB shares. BMO Capital Markets reduced their target price on Williams Companies from $72.00 to $70.00 and set an “outperform” rating on the stock in a report on Wednesday, November 5th. Tudor Pickering upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Monday, December 1st. Royal Bank Of Canada lifted their price objective on Williams Companies from $75.00 to $78.00 and gave the company an “outperform” rating in a research note on Wednesday, February 11th. Jefferies Financial Group increased their target price on shares of Williams Companies from $78.00 to $81.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Finally, Zacks Research upgraded shares of Williams Companies from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 4th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Williams Companies currently has an average rating of “Moderate Buy” and an average price target of $75.36.

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.