Trivium Point Advisory LLC lifted its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB – Free Report) by 8.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 166,101 shares of the pipeline company’s stock after purchasing an additional 13,341 shares during the quarter. Williams Companies accounts for about 1.1% of Trivium Point Advisory LLC’s portfolio, making the stock its 17th largest position. Trivium Point Advisory LLC’s holdings in Williams Companies were worth $10,522,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also added to or reduced their stakes in WMB. Vanguard Group Inc. increased its holdings in shares of Williams Companies by 1.5% during the second quarter. Vanguard Group Inc. now owns 133,075,340 shares of the pipeline company’s stock worth $8,358,462,000 after buying an additional 1,912,156 shares in the last quarter. Invesco Ltd. raised its stake in Williams Companies by 27.3% during the second quarter. Invesco Ltd. now owns 14,417,821 shares of the pipeline company’s stock worth $905,583,000 after buying an additional 3,089,390 shares during the last quarter. Norges Bank acquired a new position in shares of Williams Companies in the 2nd quarter valued at about $765,164,000. BROOKFIELD Corp ON grew its stake in Williams Companies by 190.3% during the second quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock worth $755,490,000 after purchasing an additional 7,884,730 shares during the period. Finally, Legal & General Group Plc increased its holdings in Williams Companies by 9.9% in the second quarter. Legal & General Group Plc now owns 10,056,234 shares of the pipeline company’s stock worth $631,632,000 after purchasing an additional 903,457 shares in the last quarter. Institutional investors own 86.44% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on WMB shares. UBS Group boosted their target price on shares of Williams Companies from $78.00 to $89.00 and gave the company a “buy” rating in a research report on Tuesday, February 17th. Tudor Pickering upgraded shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Monday, December 1st. Scotiabank upgraded Williams Companies from a “sector perform” rating to a “sector outperform” rating and raised their target price for the company from $66.00 to $84.00 in a research note on Friday, February 13th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Williams Companies in a research note on Monday, December 29th. Finally, BMO Capital Markets cut their price target on Williams Companies from $72.00 to $70.00 and set an “outperform” rating on the stock in a report on Wednesday, November 5th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $75.36.
Williams Companies Stock Performance
Shares of WMB opened at $74.75 on Friday. The firm has a market capitalization of $91.31 billion, a P/E ratio of 34.93, a P/E/G ratio of 1.33 and a beta of 0.65. Williams Companies, Inc. has a 52 week low of $51.58 and a 52 week high of $75.59. The stock has a 50 day moving average price of $65.35 and a two-hundred day moving average price of $61.78. 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 (NYSE:WMB – Get Free Report) last announced its earnings results on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts’ expectations of $3.10 billion. During the same period in the previous year, the firm earned $0.47 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Equities 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 announced a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, March 13th will be issued a $0.525 dividend. This is an increase from Williams Companies’s previous quarterly dividend of $0.50. This represents a $2.10 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, March 13th. Williams Companies’s dividend payout ratio is currently 93.46%.
Insider Activity
In other news, CAO Mary A. Hausman sold 10,107 shares of the stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $74.91, for a total transaction of $757,115.37. Following the completion of the transaction, the chief accounting officer directly owned 17,230 shares of the company’s stock, valued at $1,290,699.30. This represents a 36.97% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Terrance Lane Wilson sold 27,000 shares of the firm’s stock in a transaction that occurred 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 sale, the senior vice president 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 position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 41,107 shares of company stock valued at $2,982,535. Company insiders own 0.44% of the company’s stock.
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.
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