Csenge Advisory Group Increases Stock Position in Williams Companies, Inc. (The) $WMB

Csenge Advisory Group lifted its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 11.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 73,803 shares of the pipeline company’s stock after acquiring an additional 7,729 shares during the quarter. Csenge Advisory Group’s holdings in Williams Companies were worth $4,436,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of WMB. Brighton Jones LLC lifted its position in Williams Companies by 40.9% during the fourth quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock valued at $740,000 after acquiring an additional 3,969 shares during the last quarter. Sivia Capital Partners LLC increased its stake in Williams Companies by 5.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock valued at $291,000 after purchasing an additional 242 shares in the last quarter. Treasurer of the State of North Carolina increased its stake in Williams Companies by 2.1% during the 2nd quarter. Treasurer of the State of North Carolina now owns 568,928 shares of the pipeline company’s stock valued at $35,734,000 after purchasing an additional 11,926 shares in the last quarter. Main Street Financial Solutions LLC boosted its holdings in Williams Companies by 3.0% in the second quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company’s stock valued at $644,000 after purchasing an additional 296 shares during the last quarter. Finally, Ieq Capital LLC grew its holdings in Williams Companies by 160.1% during the second quarter. Ieq Capital LLC now owns 165,035 shares of the pipeline company’s stock worth $10,366,000 after acquiring an additional 101,574 shares during the period. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Williams Companies Trading Down 0.2%

Shares of NYSE:WMB opened at $77.55 on Tuesday. Williams Companies, Inc. has a 52 week low of $55.82 and a 52 week high of $78.31. The company’s 50 day moving average is $73.29 and its two-hundred day moving average is $66.93. The company has a market cap of $94.73 billion, a PE ratio of 34.01, a P/E/G ratio of 1.32 and a beta of 0.61. The company has a current ratio of 0.83, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data on Monday, May 4th. The pipeline company reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.10. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The business had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same period last year, the business earned $0.60 EPS. The company’s revenue was down .6% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Equities analysts predict that Williams Companies, Inc. will post 2.37 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Friday, June 12th will be issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, June 12th. Williams Companies’s payout ratio is presently 92.11%.

Insiders Place Their Bets

In other Williams Companies news, CFO John Dean Porter sold 50,000 shares of the business’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $75.37, for a total value of $3,768,500.00. Following the transaction, the chief financial officer directly owned 196,567 shares of the company’s stock, valued at approximately $14,815,254.79. The trade was a 20.28% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Larry C. Larsen sold 12,000 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $76.48, for a total transaction of $917,760.00. Following the completion of the transaction, the chief operating officer directly owned 98,219 shares in the company, valued at $7,511,789.12. This represents a 10.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 117,869 shares of company stock worth $8,814,067. Corporate insiders own 0.47% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Citigroup increased their price target on shares of Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, May 8th. UBS Group increased their price objective on shares of Williams Companies from $89.00 to $91.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Truist Financial initiated coverage on shares of Williams Companies in a research note on Tuesday, March 24th. They issued a “buy” rating and a $84.00 price target on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a research note on Friday, March 27th. Finally, Morgan Stanley raised their price objective on shares of Williams Companies from $83.00 to $90.00 and gave the stock an “overweight” rating in a research report on Monday, March 2nd. Four analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Williams Companies currently has an average rating of “Buy” and a consensus price target of $80.47.

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.