Williams Companies, Inc. (The) $WMB Holdings Reduced by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S decreased its position in Williams Companies, Inc. (The) (NYSE:WMB) by 45.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 49,277 shares of the pipeline company’s stock after selling 40,380 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Williams Companies were worth $2,962,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Towne Trust Company N.A grew its position in Williams Companies by 60.2% in the 4th quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock worth $26,000 after purchasing an additional 162 shares during the last quarter. Clearstead Trust LLC grew its position in Williams Companies by 62.2% in the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock worth $29,000 after purchasing an additional 186 shares during the last quarter. WHI TRUST Co LLC bought a new position in Williams Companies in the 4th quarter worth about $30,000. Entrust Financial LLC acquired a new stake in shares of Williams Companies in the 4th quarter worth approximately $31,000. Finally, Flagship Wealth Advisors LLC acquired a new stake in shares of Williams Companies in the 4th quarter worth approximately $33,000. Institutional investors own 86.44% of the company’s stock.

Insider Buying and Selling at Williams Companies

In related news, SVP Glen G. Jasek sold 2,500 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $78.15, for a total transaction of $195,375.00. Following the completion of the sale, the senior vice president directly owned 54,101 shares of the company’s stock, valued at $4,227,993.15. This represents a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Payvand Fazel sold 2,898 shares of the 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 directly owned 31,766 shares of the company’s stock, valued at approximately $2,323,682.90. This represents a 8.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 78,762 shares of company stock valued at $5,937,632. Corporate insiders own 0.47% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on WMB shares. Jefferies Financial Group upped their price target on shares of Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. UBS Group upped their price target on shares of Williams Companies from $89.00 to $91.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Morgan Stanley upped their price target on shares of Williams Companies from $90.00 to $98.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 20th. Wall Street Zen raised shares of Williams Companies from a “sell” rating to a “hold” rating in a research note on Sunday, April 5th. Finally, Wells Fargo & Company upped their price target on shares of Williams Companies from $80.00 to $89.00 and gave the stock an “overweight” rating in a research note on Friday, March 13th. Four research 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $82.40.

Williams Companies Stock Down 0.5%

WMB stock opened at $71.60 on Tuesday. Williams Companies, Inc. has a 12 month low of $55.82 and a 12 month high of $80.07. The firm has a market cap of $87.47 billion, a PE ratio of 31.40, a P/E/G ratio of 1.76 and a beta of 0.58. The firm has a 50 day simple moving average of $73.50 and a 200 day simple moving average of $68.56. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.83 and a quick ratio of 0.76.

Williams Companies (NYSE:WMB) last released its earnings results on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.63 by $0.10. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The business had revenue of $3.03 billion during the quarter, compared to analyst estimates of $3.28 billion. During the same period in the prior year, the business earned $0.60 earnings per share. The business’s quarterly revenue was down .6% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Equities research analysts forecast that Williams Companies, Inc. will post 2.44 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Friday, June 12th will be paid a dividend of $0.525 per share. The ex-dividend date of this dividend is Friday, June 12th. This represents a $2.10 annualized dividend and a yield of 2.9%. Williams Companies’s dividend payout ratio is currently 92.11%.

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.