Bridgefront Capital LLC Makes New Investment in Williams Companies, Inc. (The) $WMB

Bridgefront Capital LLC bought a new position in Williams Companies, Inc. (The) (NYSE:WMB) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 8,194 shares of the pipeline company’s stock, valued at approximately $519,000.

A number of other hedge funds also recently made changes to their positions in WMB. Salomon & Ludwin LLC acquired a new position in Williams Companies during the 3rd quarter worth approximately $35,000. Financial Life Planners bought a new position in Williams Companies in the 3rd quarter valued at approximately $36,000. South Plains Financial Inc. boosted its position in Williams Companies by 289.7% in the second quarter. South Plains Financial Inc. now owns 608 shares of the pipeline company’s stock valued at $38,000 after buying an additional 452 shares in the last quarter. OLD Second National Bank of Aurora grew its stake in shares of Williams Companies by 71.2% during the third quarter. OLD Second National Bank of Aurora now owns 630 shares of the pipeline company’s stock worth $40,000 after buying an additional 262 shares during the last quarter. Finally, TruNorth Capital Management LLC bought a new stake in shares of Williams Companies during the third quarter worth $48,000. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 27,000 shares of Williams Companies stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $72.92, for a total value of $1,968,840.00. Following the completion of the sale, the senior vice president directly owned 293,159 shares in the company, valued at approximately $21,377,154.28. The trade was a 8.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Mary A. Hausman sold 10,107 shares of Williams Companies stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $74.91, for a total transaction of $757,115.37. Following the completion of the sale, the chief accounting officer owned 17,230 shares of the company’s stock, valued at $1,290,699.30. This represents a 36.97% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 48,471 shares of company stock worth $3,557,023 over the last quarter. Company insiders own 0.44% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on WMB. Morgan Stanley increased their price target on Williams Companies from $83.00 to $90.00 and gave the company an “overweight” rating in a research note on Monday, March 2nd. Wall Street Zen upgraded Williams Companies from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Scotiabank raised Williams Companies from a “sector perform” rating to a “sector outperform” rating and upped their target price for the stock from $66.00 to $84.00 in a report on Friday, February 13th. Tudor Pickering upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. Finally, UBS Group lifted 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. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $76.50.

Williams Companies Stock Performance

NYSE:WMB opened at $73.88 on Tuesday. The company has a market capitalization of $90.25 billion, a PE ratio of 34.53, a P/E/G ratio of 1.26 and a beta of 0.63. The company has a 50 day simple moving average of $68.54 and a two-hundred day simple moving average of $63.17. 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, Inc. has a fifty-two week low of $51.58 and a fifty-two week high of $76.87.

Williams Companies (NYSE:WMB) last released its quarterly earnings results on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.02). The firm 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 in the previous year, the business posted $0.47 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Research analysts anticipate that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, March 13th will be paid a dividend of $0.525 per share. This is a boost from Williams Companies’s previous quarterly dividend of $0.50. This represents a $2.10 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Friday, March 13th. Williams Companies’s payout ratio is 98.13%.

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.