Burney Co. Trims Holdings in Williams Companies, Inc. (The) $WMB

Burney Co. cut its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 27.4% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 33,030 shares of the pipeline company’s stock after selling 12,496 shares during the quarter. Burney Co.’s holdings in Williams Companies were worth $2,404,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Mill Creek Capital Advisors LLC boosted its position 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 worth $361,000 after acquiring an additional 141 shares during the last quarter. UMB Bank n.a. grew its stake in Williams Companies by 1.0% in the 4th quarter. UMB Bank n.a. now owns 15,309 shares of the pipeline company’s stock worth $920,000 after acquiring an additional 148 shares during the period. Parallel Advisors LLC raised its holdings in Williams Companies by 1.2% in the 4th quarter. Parallel Advisors LLC now owns 12,646 shares of the pipeline company’s stock valued at $760,000 after acquiring an additional 149 shares during the last quarter. Great Diamond Partners LLC lifted 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 purchasing an additional 150 shares during the period. Finally, Betterment LLC boosted its holdings in shares of Williams Companies by 3.3% during the fourth quarter. Betterment LLC now owns 4,766 shares of the pipeline company’s stock worth $286,000 after purchasing an additional 154 shares during the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Insider Activity

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $74.16, for a total transaction of $148,320.00. Following the completion of the sale, the senior vice president directly owned 283,159 shares in the company, valued at $20,999,071.44. This trade represents a 0.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Glen G. Jasek sold 2,500 shares of Williams Companies stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $78.15, for a total value of $195,375.00. Following the sale, the senior vice president directly owned 54,101 shares in the company, valued at approximately $4,227,993.15. The trade was a 4.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 68,500 shares of company stock worth $5,182,655. Corporate insiders own 0.47% of the company’s stock.

Williams Companies Stock Performance

Shares of NYSE:WMB opened at $75.12 on Wednesday. The business’s 50-day simple moving average is $74.18 and its 200 day simple moving average is $70.52. The company has a market cap of $91.76 billion, a P/E ratio of 32.95, a PEG ratio of 1.78 and a beta of 0.57. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.83. Williams Companies, Inc. has a one year low of $55.82 and a one year high of $80.07.

Williams Companies (NYSE:WMB) last issued its quarterly earnings data on Monday, May 4th. The pipeline company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.10. The company had revenue of $3.03 billion during the quarter, compared to the consensus estimate of $3.28 billion. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. Williams Companies’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter last year, the company earned $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, sell-side analysts forecast that Williams Companies, Inc. will post 2.44 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Friday, June 12th were issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Friday, June 12th. Williams Companies’s dividend payout ratio (DPR) is presently 92.11%.

Analyst Upgrades and Downgrades

WMB has been the subject of several analyst reports. TD Cowen upped their target price on Williams Companies from $81.00 to $87.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Citigroup upped their price objective on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Weiss Ratings reiterated a “buy (b)” rating on shares of Williams Companies in a report on Wednesday, June 24th. UBS Group boosted their target price 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. Finally, The Goldman Sachs Group raised shares of Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 price target on the stock in a research note on Monday, April 20th. Four investment 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. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $82.94.

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.