38,298 Shares in Williams Companies, Inc. (The) $WMB Acquired by Marble Wealth LLC

Marble Wealth LLC bought a new position in Williams Companies, Inc. (The) (NYSE:WMBFree Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 38,298 shares of the pipeline company’s stock, valued at approximately $2,302,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Great Diamond Partners LLC lifted its holdings in Williams Companies by 0.4% in the 4th quarter. Great Diamond Partners LLC now owns 34,870 shares of the pipeline company’s stock worth $2,096,000 after purchasing an additional 150 shares during the last quarter. TD Waterhouse Canada Inc. lifted its holdings in shares of Williams Companies by 0.6% during the fourth quarter. TD Waterhouse Canada Inc. now owns 24,611 shares of the pipeline company’s stock worth $1,479,000 after buying an additional 158 shares during the last quarter. Towne Trust Company N.A lifted its holdings in shares of Williams Companies by 60.2% during the fourth quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock worth $26,000 after buying an additional 162 shares during the last quarter. Courier Capital LLC lifted its holdings in shares of Williams Companies by 0.3% during the fourth quarter. Courier Capital LLC now owns 47,466 shares of the pipeline company’s stock worth $2,853,000 after buying an additional 162 shares during the last quarter. Finally, Sierra Summit Advisors LLC lifted its holdings in shares of Williams Companies by 0.5% during the fourth quarter. Sierra Summit Advisors LLC now owns 33,871 shares of the pipeline company’s stock worth $2,036,000 after buying an additional 175 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Williams Companies News Summary

Here are the key news stories impacting Williams Companies this week:

Insiders Place Their Bets

In related news, SVP Todd J. Rinke sold 7,364 shares of the company’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $74.39, for a total value of $547,807.96. Following the completion of the transaction, the senior vice president directly owned 26,055 shares in the company, valued at approximately $1,938,231.45. This represents a 22.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Larry C. Larsen sold 12,000 shares of the company’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $76.48, for a total value of $917,760.00. Following the completion of the transaction, the chief operating officer owned 98,219 shares of the company’s stock, valued at $7,511,789.12. The trade was a 10.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 78,762 shares of company stock valued at $5,937,632 in the last ninety days. 0.47% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Truist Financial assumed coverage on Williams Companies in a report on Tuesday, March 24th. They set a “buy” rating and a $84.00 price target for the company. TD Cowen upped their price target on Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Citigroup upped their price target on Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Stifel Nicolaus upped their price target on Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Finally, Royal Bank Of Canada upped their price target on Williams Companies from $82.00 to $83.00 and gave the stock an “outperform” rating in a report on Thursday, May 7th. Four analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $82.40.

Get Our Latest Analysis on WMB

Williams Companies Stock Performance

Shares of NYSE WMB opened at $71.23 on Wednesday. The business has a fifty day simple moving average of $73.69 and a 200 day simple moving average of $68.15. The company has a current ratio of 0.83, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. The firm has a market capitalization of $87.01 billion, a price-to-earnings ratio of 31.24, a PEG ratio of 1.70 and a beta of 0.58. Williams Companies, Inc. has a one year low of $55.82 and a one year high of $80.07.

Williams Companies (NYSE:WMBGet Free Report) last issued its earnings results on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.10. The business had revenue of $3.03 billion during the quarter, compared to analyst estimates of $3.28 billion. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.Williams Companies’s revenue was down .6% on a year-over-year basis. During the same period in the prior year, the company posted $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Sell-side analysts expect that Williams Companies, Inc. will post 2.46 EPS for the current year.

Williams Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Friday, June 12th will be paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Friday, June 12th. Williams Companies’s dividend payout ratio is presently 92.11%.

About Williams Companies

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

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