CoreCap Advisors LLC Decreases Position in Williams Companies, Inc. (The) $WMB

CoreCap Advisors LLC trimmed its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 14.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 80,791 shares of the pipeline company’s stock after selling 13,941 shares during the quarter. CoreCap Advisors LLC’s holdings in Williams Companies were worth $4,856,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in shares of Williams Companies by 40.9% in the 4th quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock valued at $740,000 after buying an additional 3,969 shares in the last quarter. Sivia Capital Partners LLC lifted its position in Williams Companies by 5.5% in the second quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock valued at $291,000 after acquiring an additional 242 shares during the last quarter. J.W. Cole Advisors Inc. lifted its position in Williams Companies by 33.8% in the second quarter. J.W. Cole Advisors Inc. now owns 46,698 shares of the pipeline company’s stock valued at $2,933,000 after acquiring an additional 11,786 shares during the last quarter. Vinva Investment Management Ltd boosted its stake in Williams Companies by 1,126.4% in the second quarter. Vinva Investment Management Ltd now owns 58,585 shares of the pipeline company’s stock valued at $3,672,000 after acquiring an additional 53,808 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System boosted its stake in Williams Companies by 1.3% in the second quarter. State Board of Administration of Florida Retirement System now owns 1,207,379 shares of the pipeline company’s stock valued at $75,835,000 after acquiring an additional 15,390 shares in the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Wells Fargo & Company lifted their target price on Williams Companies from $80.00 to $89.00 and gave the stock an “overweight” rating in a research report on Friday, March 13th. UBS Group increased their price objective on Williams Companies from $78.00 to $89.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Weiss Ratings restated a “buy (b)” rating on shares of Williams Companies in a research report on Monday, December 29th. Royal Bank Of Canada upped their price target on shares of Williams Companies from $75.00 to $78.00 and gave the company an “outperform” rating in a research report on Wednesday, February 11th. Finally, Stifel Nicolaus raised their price objective on shares of Williams Companies from $69.00 to $78.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Three equities research 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 company. According to MarketBeat, Williams Companies presently has a consensus rating of “Moderate Buy” and a consensus target price of $77.00.

Insiders Place Their Bets

In other Williams Companies news, SVP Todd J. Rinke sold 7,364 shares of the stock in a transaction dated 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 directly owned 26,055 shares of the company’s stock, valued at approximately $1,938,231.45. This trade represents a 22.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Payvand Fazel sold 2,898 shares of Williams Companies stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $73.15, for a total transaction of $211,988.70. Following the sale, the senior vice president owned 31,766 shares of the company’s stock, valued at approximately $2,323,682.90. The trade was a 8.36% 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 51,369 shares of company stock worth $3,769,012. 0.44% of the stock is owned by insiders.

Williams Companies Stock Down 0.7%

Shares of Williams Companies stock opened at $73.57 on Friday. Williams Companies, Inc. has a one year low of $51.58 and a one year high of $76.87. The company has a market cap of $89.87 billion, a P/E ratio of 34.38, a PEG ratio of 1.27 and a beta of 0.63. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.48 and a current ratio of 0.53. The firm has a fifty day moving average of $70.92 and a two-hundred day moving average of $64.10.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data 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). Williams Companies had a net margin of 21.90% and a return on equity of 17.32%. The business had revenue of $3.20 billion during the quarter, compared to analysts’ expectations of $3.10 billion. During the same period in the prior year, the firm posted $0.47 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, analysts forecast that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, March 13th will be issued 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 2.9%. The ex-dividend date of this dividend is Friday, March 13th. Williams Companies’s dividend payout ratio is currently 98.13%.

About Williams Companies

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.