Williams Companies, Inc. (The) $WMB Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC lowered its position in Williams Companies, Inc. (The) (NYSE:WMB) by 1.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,639,071 shares of the pipeline company’s stock after selling 31,710 shares during the period. HighTower Advisors LLC’s holdings in Williams Companies were worth $121,849,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in WMB. BLB&B Advisors LLC lifted its holdings in shares of Williams Companies by 2.4% in the 2nd quarter. BLB&B Advisors LLC now owns 11,576 shares of the pipeline company’s stock valued at $861,000 after buying an additional 270 shares during the period. Bridgewater Advisors Inc. grew its holdings in Williams Companies by 4.4% during the second quarter. Bridgewater Advisors Inc. now owns 5,390 shares of the pipeline company’s stock worth $401,000 after acquiring an additional 228 shares during the period. Gryphon Financial Partners LLC raised its position in Williams Companies by 50.2% in the second quarter. Gryphon Financial Partners LLC now owns 5,505 shares of the pipeline company’s stock worth $409,000 after acquiring an additional 1,841 shares in the last quarter. Parr Mcknight Wealth Management Group LLC lifted its holdings in Williams Companies by 119.8% in the second quarter. Parr Mcknight Wealth Management Group LLC now owns 64,434 shares of the pipeline company’s stock valued at $4,790,000 after acquiring an additional 35,119 shares during the period. Finally, Bayforest Capital Ltd acquired a new stake in Williams Companies in the second quarter valued at $28,000. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Analyst Upgrades and Downgrades

WMB has been the topic of a number of recent analyst reports. Barclays upped their price target on shares of Williams Companies from $73.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 8th. Scotiabank boosted their price objective on shares of Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a report on Tuesday, May 12th. JPMorgan Chase & Co. upped their target price on shares of Williams Companies from $88.00 to $89.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 1st. Truist Financial increased their target price on shares of Williams Companies from $84.00 to $88.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Wells Fargo & Company lifted their price target on shares of Williams Companies from $89.00 to $90.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $85.33.

Insiders Place Their Bets

In related news, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $70.65, for a total transaction of $141,300.00. Following the completion of the sale, the senior vice president directly owned 281,159 shares of the company’s stock, valued at approximately $19,863,883.35. This represents a 0.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.47% of the stock is currently owned by company insiders.

Williams Companies Stock Performance

NYSE:WMB opened at $75.04 on Friday. The company has a quick ratio of 0.43, a current ratio of 0.48 and a debt-to-equity ratio of 1.83. The company has a market cap of $91.79 billion, a P/E ratio of 29.90, a P/E/G ratio of 1.77 and a beta of 0.58. Williams Companies, Inc. has a fifty-two week low of $55.82 and a fifty-two week high of $80.07. The firm’s 50 day moving average is $73.27 and its two-hundred day moving average is $72.90.

Williams Companies (NYSE:WMB) last released its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, hitting analysts’ consensus estimates of $0.50. The business had revenue of $3.05 billion during the quarter, compared to the consensus estimate of $2.83 billion. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The business’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Analysts expect that Williams Companies, Inc. will post 2.43 EPS for the current year.

Williams Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Friday, September 11th will be issued a $0.525 dividend. The ex-dividend date is Friday, September 11th. This represents a $2.10 annualized dividend and a yield of 2.8%. Williams Companies’s dividend payout ratio (DPR) is presently 83.67%.

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.