6,972 Shares in Williams Companies, Inc. (The) $WMB Acquired by Connecticut Capital Management Group LLC

Connecticut Capital Management Group LLC acquired a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 6,972 shares of the pipeline company’s stock, valued at approximately $419,000.

A number of other hedge funds have also recently made changes to their positions in WMB. Envestnet Asset Management Inc. lifted its holdings in Williams Companies by 3.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,540,556 shares of the pipeline company’s stock worth $287,644,000 after buying an additional 134,777 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Williams Companies by 9.5% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 184,123 shares of the pipeline company’s stock worth $11,664,000 after buying an additional 16,027 shares in the last quarter. Fort Washington Investment Advisors Inc. OH acquired a new stake in Williams Companies during the 4th quarter worth approximately $4,627,000. Atlantic Union Bankshares Corp lifted its holdings in Williams Companies by 3,344.8% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 17,465 shares of the pipeline company’s stock worth $1,106,000 after buying an additional 16,958 shares in the last quarter. Finally, Nordea Investment Management AB lifted its holdings in Williams Companies by 21.0% during the 4th quarter. Nordea Investment Management AB now owns 2,105,570 shares of the pipeline company’s stock worth $125,839,000 after buying an additional 365,546 shares in the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Insider Transactions at Williams Companies

In related news, COO Larry C. Larsen sold 12,000 shares of the stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $76.48, for a total value of $917,760.00. Following the transaction, the chief operating officer directly owned 98,219 shares of the company’s stock, valued at $7,511,789.12. This trade represents a 10.89% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Payvand Fazel sold 2,898 shares of the stock in a transaction 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 completion of the transaction, the senior vice president directly owned 31,766 shares in the company, valued at $2,323,682.90. This trade represents a 8.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 80,762 shares of company stock worth $6,088,112. Insiders own 0.47% of the company’s stock.

Williams Companies Price Performance

Shares of WMB opened at $74.30 on Thursday. The company has a current ratio of 0.83, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. The firm’s fifty day simple moving average is $73.80 and its 200-day simple moving average is $67.91. The firm has a market capitalization of $90.76 billion, a price-to-earnings ratio of 32.59, a PEG ratio of 1.27 and a beta of 0.61. Williams Companies, Inc. has a twelve month low of $55.82 and a twelve month high of $80.07.

Williams Companies (NYSE:WMB) last posted its earnings results on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.10. The firm had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $3.28 billion. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The company’s revenue was down .6% on a year-over-year basis. During the same period last year, the firm posted $0.60 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Equities analysts forecast that Williams Companies, Inc. will post 2.43 EPS for the current fiscal year.

Williams Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Friday, June 12th will be given 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 of this dividend is Friday, June 12th. Williams Companies’s dividend payout ratio (DPR) is 92.11%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on WMB shares. Scotiabank increased their target price 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. UBS Group increased their target price on shares of Williams Companies from $89.00 to $91.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Citigroup raised their price objective on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a report on Friday, May 8th. Weiss Ratings restated a “buy (b)” rating on shares of Williams Companies in a report on Friday, March 27th. Finally, Jefferies Financial Group raised their price objective on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a report on Friday, April 10th. Four analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Williams Companies has an average rating of “Buy” and a consensus target price of $82.40.

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.