Chickasaw Capital Management LLC Has $183.45 Million Position in Williams Companies, Inc. (The) $WMB

Chickasaw Capital Management LLC lowered its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 3.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 3,051,969 shares of the pipeline company’s stock after selling 109,713 shares during the period. Williams Companies comprises approximately 7.6% of Chickasaw Capital Management LLC’s investment portfolio, making the stock its 6th biggest position. Chickasaw Capital Management LLC’s holdings in Williams Companies were worth $183,454,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of WMB. LRI Investments LLC boosted its holdings in shares of Williams Companies by 8.8% during the third 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 period. Patten & Patten Inc. TN increased its stake in shares of Williams Companies by 1.7% during the third quarter. Patten & Patten Inc. TN now owns 11,087 shares of the pipeline company’s stock worth $702,000 after purchasing an additional 187 shares during the period. Wedmont Private Capital increased its stake in shares of Williams Companies by 0.8% during the fourth quarter. Wedmont Private Capital now owns 25,000 shares of the pipeline company’s stock worth $1,510,000 after purchasing an additional 196 shares during the period. Chesley Taft & Associates LLC lifted its holdings in Williams Companies by 1.9% during the 3rd 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 last quarter. Finally, Gentry Private Wealth LLC boosted its stake in Williams Companies by 2.1% in the 3rd quarter. Gentry Private Wealth LLC now owns 9,578 shares of the pipeline company’s stock valued at $607,000 after purchasing an additional 199 shares during the period. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

WMB has been the topic of a number of research reports. Morgan Stanley upped their price objective on Williams Companies from $83.00 to $90.00 and gave the company an “overweight” rating in a report on Monday, March 2nd. Wall Street Zen raised shares of Williams Companies from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. UBS Group upped their price target on shares of Williams Companies from $78.00 to $89.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. Royal Bank Of Canada raised their price target on shares of Williams Companies from $75.00 to $78.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 11th. Finally, Zacks Research upgraded shares of Williams Companies from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 4th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Williams Companies has a consensus rating of “Moderate Buy” and a consensus price target of $76.50.

Insider Activity

In related news, SVP Terrance Lane Wilson sold 27,000 shares of the stock in a transaction that occurred on 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 sale, the senior vice president owned 293,159 shares in the company, valued at approximately $21,377,154.28. This trade represents a 8.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Mary A. Hausman sold 10,107 shares of Williams Companies stock in a transaction that occurred 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 transaction, the chief accounting officer directly owned 17,230 shares in the company, valued at $1,290,699.30. This trade represents a 36.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 51,369 shares of company stock valued at $3,769,012 in the last 90 days. 0.44% of the stock is owned by corporate insiders.

Williams Companies Price Performance

Shares of NYSE WMB opened at $73.56 on Tuesday. The business has a fifty day moving average price of $69.86 and a two-hundred day moving average price of $63.72. The stock has a market capitalization of $89.86 billion, a PE ratio of 34.38, a P/E/G ratio of 1.24 and a beta of 0.63. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.53 and a quick ratio of 0.48. 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 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). Williams Companies had a return on equity of 17.32% and a net margin of 21.90%.The company had revenue of $3.20 billion for the quarter, compared to analyst estimates of $3.10 billion. During the same period last year, the company posted $0.47 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, equities analysts predict that Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Friday, March 13th will be paid a dividend of $0.525 per share. The ex-dividend date is Friday, March 13th. This is a positive change 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%. Williams Companies’s dividend payout ratio is currently 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.