Williams Companies, Inc. (The) $WMB Shares Sold by TD Asset Management Inc

TD Asset Management Inc cut its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 3.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 691,796 shares of the pipeline company’s stock after selling 24,375 shares during the period. TD Asset Management Inc owned 0.06% of Williams Companies worth $43,825,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Norges Bank acquired a new position in Williams Companies in the second quarter valued at $765,164,000. BROOKFIELD Corp ON lifted its position in Williams Companies by 190.3% during the 2nd quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock worth $755,490,000 after acquiring an additional 7,884,730 shares during the period. Invesco Ltd. raised its stake in shares of 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 purchasing an additional 3,089,390 shares during the last quarter. Artisan Partners Limited Partnership lifted its holdings in shares of Williams Companies by 39.0% during the second quarter. Artisan Partners Limited Partnership now owns 6,954,733 shares of the pipeline company’s stock worth $436,827,000 after purchasing an additional 1,950,485 shares during the period. Finally, Vanguard Group Inc. increased its stake in Williams Companies by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 133,075,340 shares of the pipeline company’s stock valued at $8,358,462,000 after buying an additional 1,912,156 shares during the period. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Wall Street Analyst Weigh In

WMB has been the topic of several analyst reports. Citigroup lifted their target price on shares of Williams Companies from $70.00 to $81.00 and gave the company a “buy” rating in a report on Thursday, February 12th. UBS Group boosted their target price on Williams Companies from $78.00 to $89.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Zacks Research raised Williams Companies from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 4th. TD Cowen lifted their price target on Williams Companies from $69.00 to $70.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Finally, Wells Fargo & Company increased their price objective on Williams Companies from $71.00 to $80.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $75.36.

Insider Transactions at Williams Companies

In other Williams Companies news, CAO Mary A. Hausman sold 10,107 shares of the company’s stock in a transaction dated 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 directly owned 17,230 shares in the company, valued at approximately $1,290,699.30. This represents a 36.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Terrance Lane Wilson sold 27,000 shares of Williams Companies stock in a transaction dated 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. This trade represents a 8.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 41,107 shares of company stock valued at $2,982,535. 0.44% of the stock is currently owned by company insiders.

Williams Companies Price Performance

Shares of NYSE WMB opened at $74.75 on Friday. 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 $91.31 billion, a price-to-earnings ratio of 34.93, a PEG ratio of 1.33 and a beta of 0.65. The company’s 50-day moving average price is $65.35 and its 200 day moving average price is $61.78. Williams Companies, Inc. has a 52 week low of $51.58 and a 52 week high of $75.59.

Williams Companies (NYSE:WMB) last released its quarterly earnings results on Tuesday, February 10th. The pipeline company reported $0.55 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 business had revenue of $3.20 billion during the quarter, compared to analyst estimates of $3.10 billion. During the same quarter in the prior year, the company earned $0.47 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, research analysts forecast that Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Increases Dividend

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

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.