Williams Companies, Inc. (The) $WMB Position Trimmed by GC Wealth Management RIA LLC

GC Wealth Management RIA LLC lessened its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMBFree Report) by 72.1% during the 4th quarter, HoldingsChannel reports. The fund owned 7,553 shares of the pipeline company’s stock after selling 19,485 shares during the period. GC Wealth Management RIA LLC’s holdings in Williams Companies were worth $454,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in shares of Williams Companies by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 133,963,343 shares of the pipeline company’s stock valued at $8,052,537,000 after buying an additional 883,245 shares in the last quarter. Wellington Management Group LLP grew its stake in shares of Williams Companies by 15.9% in the 3rd quarter. Wellington Management Group LLP now owns 48,586,299 shares of the pipeline company’s stock valued at $3,077,942,000 after buying an additional 6,668,950 shares in the last quarter. Invesco Ltd. grew its stake in shares of Williams Companies by 1.1% in the 3rd quarter. Invesco Ltd. now owns 14,575,898 shares of the pipeline company’s stock valued at $923,383,000 after buying an additional 158,077 shares in the last quarter. BROOKFIELD Corp ON grew its stake in shares of Williams Companies by 190.3% in the 2nd quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock valued at $755,490,000 after buying an additional 7,884,730 shares in the last quarter. Finally, Amundi grew its stake in shares of Williams Companies by 5.3% in the 3rd quarter. Amundi now owns 9,600,016 shares of the pipeline company’s stock valued at $610,369,000 after buying an additional 481,082 shares in the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Williams Companies Stock Down 0.8%

Shares of WMB stock opened at $75.69 on Friday. Williams Companies, Inc. has a 12 month low of $55.82 and a 12 month high of $76.87. The firm has a market cap of $92.46 billion, a PE ratio of 35.37, a price-to-earnings-growth ratio of 1.27 and a beta of 0.61. The stock has a 50 day moving average of $73.14 and a 200-day moving average of $65.87. 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 (NYSE:WMBGet Free Report) last issued its quarterly earnings results on Tuesday, February 10th. The pipeline company reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.02). Williams Companies had a return on equity of 17.32% and a net margin of 21.90%.The business had revenue of $3.20 billion for the quarter, compared to analyst estimates of $3.10 billion. During the same quarter last year, the firm earned $0.47 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, equities analysts predict that Williams Companies, Inc. will post 2.42 EPS for the current year.

Williams Companies Announces Dividend

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 2.8%. The ex-dividend date is Friday, June 12th. Williams Companies’s dividend payout ratio is presently 98.13%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on WMB shares. UBS Group boosted their price target on Williams Companies from $78.00 to $89.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. Citigroup boosted their price target on Williams Companies from $70.00 to $81.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Wolfe Research raised Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. Stifel Nicolaus boosted their price target on Williams Companies from $69.00 to $78.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Finally, Wall Street Zen raised Williams Companies from a “sell” rating to a “hold” rating in a research note on Sunday, April 5th. Four analysts have rated the stock with a Strong Buy rating, fourteen have assigned 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 an average price target of $78.60.

Get Our Latest Analysis on WMB

Insider Transactions at Williams Companies

In related news, CAO Mary A. Hausman sold 10,107 shares of the company’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $74.91, for a total value of $757,115.37. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Todd J. Rinke sold 7,364 shares of the company’s stock in a transaction on Wednesday, March 11th. The shares were 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 owned 26,055 shares of the company’s stock, valued at $1,938,231.45. The trade was a 22.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 53,369 shares of company stock valued at $3,912,512. Company insiders own 0.47% of the company’s stock.

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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