Elevation Point Wealth Partners LLC lifted its holdings in Williams Companies, Inc. (The) (NYSE:WMB – Free Report) by 45.6% in the 1st quarter, Holdings Channel reports. The firm owned 122,622 shares of the pipeline company’s stock after buying an additional 38,389 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in Williams Companies were worth $8,924,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of WMB. Mill Creek Capital Advisors LLC raised its holdings in Williams Companies by 2.4% during the fourth quarter. Mill Creek Capital Advisors LLC now owns 6,000 shares of the pipeline company’s stock valued at $361,000 after buying an additional 141 shares in the last quarter. UMB Bank n.a. lifted its position in shares of Williams Companies by 1.0% in the fourth quarter. UMB Bank n.a. now owns 15,309 shares of the pipeline company’s stock worth $920,000 after buying an additional 148 shares during the last quarter. Parallel Advisors LLC boosted its stake in shares of Williams Companies by 1.2% during the 4th quarter. Parallel Advisors LLC now owns 12,646 shares of the pipeline company’s stock worth $760,000 after acquiring an additional 149 shares in the last quarter. Great Diamond Partners LLC boosted its stake in shares of Williams Companies by 0.4% during the 4th quarter. Great Diamond Partners LLC now owns 34,870 shares of the pipeline company’s stock worth $2,096,000 after acquiring an additional 150 shares in the last quarter. Finally, Betterment LLC increased its holdings in shares of Williams Companies by 3.3% during the 4th quarter. Betterment LLC now owns 4,766 shares of the pipeline company’s stock valued at $286,000 after acquiring an additional 154 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors.
Insider Activity at Williams Companies
In other news, SVP Glen G. Jasek sold 2,500 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $78.15, for a total transaction of $195,375.00. Following the transaction, the senior vice president owned 54,101 shares in the company, valued at approximately $4,227,993.15. The trade was a 4.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO John Dean Porter sold 50,000 shares of the company’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $75.37, for a total transaction of $3,768,500.00. Following the transaction, the chief financial officer directly owned 196,567 shares of the company’s stock, valued at $14,815,254.79. This represents a 20.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 68,500 shares of company stock valued at $5,182,655 in the last 90 days. 0.47% of the stock is owned by company insiders.
Williams Companies Stock Performance
Williams Companies (NYSE:WMB – Get Free Report) last issued its quarterly earnings results on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.10. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The company had revenue of $3.03 billion during the quarter, compared to analyst estimates of $3.28 billion. During the same period in the previous year, the company earned $0.60 earnings per share. The company’s quarterly revenue was down .6% compared to the same quarter last year. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, equities analysts forecast that Williams Companies, Inc. will post 2.44 earnings per share for the current year.
Williams Companies Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Friday, June 12th were given a dividend of $0.525 per share. The ex-dividend date of this dividend was Friday, June 12th. This represents a $2.10 dividend on an annualized basis and a yield of 2.9%. Williams Companies’s payout ratio is 92.11%.
Analyst Upgrades and Downgrades
WMB has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. raised their price objective on Williams Companies from $88.00 to $89.00 and gave the company an “overweight” rating in a research note on Wednesday. Truist Financial began coverage on Williams Companies in a report on Tuesday, March 24th. They set a “buy” rating and a $84.00 price target on the stock. Wolfe Research raised shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Weiss Ratings reiterated a “buy (b)” rating on shares of Williams Companies in a research note on Wednesday, June 24th. Finally, Morgan Stanley lifted their target price on shares of Williams Companies from $90.00 to $98.00 and gave the stock an “overweight” rating in a report on Wednesday, May 20th. Four equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $82.94.
Read Our Latest Research Report on Williams Companies
Key Williams Companies News
Here are the key news stories impacting Williams Companies this week:
- Positive Sentiment: JPMorgan raised its price target on Williams Companies to $89 from $88 and reiterated an overweight rating, signaling continued upside confidence in the stock. JPMorgan raises WMB price target
- Positive Sentiment: The company announced the appointment of two experienced independent directors, Billy Helms and Robb Turner, which may be viewed as a governance and strategic strength ahead of a potentially large acquisition. Williams appoints new board members
- Positive Sentiment: Williams was highlighted in a dividend-focused article as a “super-safe” income stock, reinforcing its appeal to investors looking for reliable cash flow and yield. Williams dividend stock mention
- Neutral Sentiment: Jefferies trimmed its price target to $85 from $87, but maintained a buy rating, suggesting the firm still sees meaningful upside even with slightly less aggressive expectations. Jefferies lowers WMB price target
- Neutral Sentiment: Williams is reportedly nearing a roughly $5.5 billion acquisition tied to shale basin assets, which could support longer-term growth but also adds execution and integration risk. Williams acquisition report
- Negative Sentiment: SVP Terrance Lane Wilson sold 2,000 shares, a small insider sale that can sometimes be interpreted as a mild cautionary signal, though the transaction was limited in size relative to his holdings. WMB insider sale filing
Williams Companies 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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