Sierra Summit Advisors LLC Buys 9,330 Shares of Williams Companies, Inc. (The) $WMB

Sierra Summit Advisors LLC boosted its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 38.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 33,696 shares of the pipeline company’s stock after purchasing an additional 9,330 shares during the quarter. Sierra Summit Advisors LLC’s holdings in Williams Companies were worth $2,135,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. LRI Investments LLC boosted its stake in Williams Companies by 8.8% during the 3rd quarter. LRI Investments LLC now owns 2,169 shares of the pipeline company’s stock worth $137,000 after acquiring an additional 176 shares during the last quarter. Patten & Patten Inc. TN increased its stake in Williams Companies by 1.7% in the third quarter. Patten & Patten Inc. TN now owns 11,087 shares of the pipeline company’s stock valued at $702,000 after purchasing an additional 187 shares in the last quarter. Chesley Taft & Associates LLC raised its holdings in Williams Companies by 1.9% in the third quarter. Chesley Taft & Associates LLC now owns 10,420 shares of the pipeline company’s stock worth $660,000 after purchasing an additional 199 shares during the period. Gentry Private Wealth LLC boosted its position in shares of Williams Companies by 2.1% during the third quarter. Gentry Private Wealth LLC now owns 9,578 shares of the pipeline company’s stock worth $607,000 after purchasing an additional 199 shares in the last quarter. Finally, Tradewinds Capital Management LLC grew its holdings in shares of Williams Companies by 9.0% in the 3rd quarter. Tradewinds Capital Management LLC now owns 2,425 shares of the pipeline company’s stock valued at $154,000 after buying an additional 200 shares during the period. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

WMB has been the topic of several research analyst reports. Wells Fargo & Company raised their price objective on Williams Companies from $71.00 to $80.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. Stifel Nicolaus raised their price target on Williams Companies from $69.00 to $78.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Jefferies Financial Group lifted their price objective on Williams Companies from $78.00 to $81.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Royal Bank Of Canada increased their target price on Williams Companies from $75.00 to $78.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 11th. Finally, Scotiabank upgraded shares of Williams Companies from a “sector perform” rating to a “sector outperform” rating and raised their target price for the stock from $66.00 to $84.00 in a report on Friday, February 13th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $75.36.

Williams Companies Stock Down 0.0%

NYSE:WMB opened at $74.75 on Friday. The stock has a 50-day simple moving average of $65.35 and a 200 day simple moving average of $61.81. Williams Companies, Inc. has a 52-week low of $51.58 and a 52-week high of $75.59. The company has a market cap of $91.31 billion, a PE ratio of 34.93, a PEG ratio of 1.33 and a beta of 0.65. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.48 and a current ratio of 0.53.

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

Williams Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, March 13th will be given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 2.8%. This is an increase from Williams Companies’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend is Friday, March 13th. Williams Companies’s payout ratio is 93.46%.

Insider Buying and Selling at Williams Companies

In other news, SVP Terrance Lane Wilson sold 27,000 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $72.92, for a total transaction of $1,968,840.00. Following the completion of the transaction, the senior vice president directly owned 293,159 shares in the company, valued at $21,377,154.28. This represents a 8.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Mary A. Hausman sold 10,107 shares of Williams Companies stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $74.91, for a total value of $757,115.37. Following the completion of the sale, the chief accounting officer directly owned 17,230 shares in the company, valued at approximately $1,290,699.30. This represents a 36.97% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 41,107 shares of company stock worth $2,982,535 over the last quarter. Company insiders own 0.44% of the company’s stock.

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.