Colonial Trust Co SC Buys 12,532 Shares of Williams Companies, Inc. (The) $WMB

Colonial Trust Co SC raised its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 120.4% in the third quarter, Holdings Channel reports. The fund owned 22,939 shares of the pipeline company’s stock after acquiring an additional 12,532 shares during the period. Colonial Trust Co SC’s holdings in Williams Companies were worth $1,453,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Hartford Funds Management Co LLC bought a new position in Williams Companies during the 2nd quarter valued at about $29,000. Atlantic Union Bankshares Corp acquired a new stake in shares of Williams Companies during the second quarter worth approximately $32,000. Legacy Investment Solutions LLC bought a new position in shares of Williams Companies in the second quarter valued at approximately $35,000. Salomon & Ludwin LLC acquired a new position in shares of Williams Companies in the 3rd quarter worth approximately $35,000. Finally, Aspect Partners LLC grew its position in Williams Companies by 81.3% during the 2nd quarter. Aspect Partners LLC now owns 582 shares of the pipeline company’s stock worth $37,000 after acquiring an additional 261 shares during the last quarter. Institutional investors own 86.44% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. TD Cowen lifted their price objective on Williams Companies from $69.00 to $70.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Wells Fargo & Company raised their target price on Williams Companies from $71.00 to $80.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Scotiabank upgraded shares of Williams Companies from a “sector perform” rating to a “sector outperform” rating and upped their price target for the stock from $66.00 to $84.00 in a research report on Friday, February 13th. Royal Bank Of Canada raised their price objective on shares of Williams Companies from $75.00 to $78.00 and gave the company an “outperform” rating in a research report on Wednesday, February 11th. Finally, UBS Group boosted their target price on shares of Williams Companies from $78.00 to $89.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $75.36.

Insider Buying and Selling

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $66.39, for a total value of $132,780.00. Following the sale, the senior vice president directly owned 293,545 shares in the company, valued at approximately $19,488,452.55. This trade represents a 0.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.44% of the company’s stock.

Williams Companies Stock Down 0.1%

Shares of Williams Companies stock opened at $72.94 on Tuesday. The business has a fifty day simple moving average of $64.10 and a 200 day simple moving average of $61.37. The stock has a market cap of $89.08 billion, a PE ratio of 34.09, a price-to-earnings-growth ratio of 1.30 and a beta of 0.65. The company has a quick ratio of 0.48, a current ratio of 0.53 and a debt-to-equity ratio of 1.83. Williams Companies, Inc. has a 12 month low of $51.58 and a 12 month high of $73.87.

Williams Companies (NYSE:WMB) last issued its earnings results on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.02). The company had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.10 billion. Williams Companies had a return on equity of 17.32% and a net margin of 21.90%.During the same quarter last year, the business posted $0.47 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Research analysts predict that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, March 13th will be issued a dividend of $0.525 per share. 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 yield of 2.9%. The ex-dividend date is Friday, March 13th. Williams Companies’s dividend payout ratio is presently 93.46%.

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.