Brasada Capital Management LP Lowers Stock Position in Williams Companies, Inc. (The) $WMB

Brasada Capital Management LP trimmed its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 6.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 195,178 shares of the pipeline company’s stock after selling 13,268 shares during the quarter. Williams Companies accounts for approximately 2.0% of Brasada Capital Management LP’s holdings, making the stock its 10th largest position. Brasada Capital Management LP’s holdings in Williams Companies were worth $11,864,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of WMB. Towne Trust Company N.A raised its position in Williams Companies by 60.2% in the fourth quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock worth $26,000 after acquiring an additional 162 shares during the period. Clearstead Trust LLC raised its position in Williams Companies by 62.2% in the fourth quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock worth $29,000 after acquiring an additional 186 shares during the period. WHI TRUST Co LLC bought a new position in Williams Companies in the fourth quarter worth approximately $30,000. First Command Advisory Services Inc. raised its position in Williams Companies by 216.8% in the fourth quarter. First Command Advisory Services Inc. now owns 491 shares of the pipeline company’s stock worth $30,000 after acquiring an additional 336 shares during the period. Finally, Commonwealth Retirement Investments LLC bought a new position in Williams Companies in the fourth quarter worth approximately $30,000. 86.44% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have weighed in on WMB. Royal Bank Of Canada increased their price target on shares of Williams Companies from $82.00 to $83.00 and gave the stock an “outperform” rating in a research report on Thursday, May 7th. Morgan Stanley increased their price target on shares of Williams Companies from $90.00 to $98.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 20th. Scotiabank increased their price target on shares of Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, May 12th. Stifel Nicolaus increased their price target on shares of Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Finally, Canadian Imperial Bank of Commerce increased their price target on shares of Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a research report on Tuesday, May 26th. Four investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $82.40.

Insider Activity at Williams Companies

In related news, SVP Glen G. Jasek sold 2,500 shares of the firm’s stock in a transaction 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 transaction, the senior vice president directly owned 54,101 shares of the company’s stock, valued at approximately $4,227,993.15. This trade represents a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO John Dean Porter sold 50,000 shares of the firm’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $75.37, for a total transaction of $3,768,500.00. Following the transaction, the chief financial officer directly owned 196,567 shares of the company’s stock, valued at $14,815,254.79. The trade was a 20.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 68,500 shares of company stock valued at $5,177,835. Insiders own 0.47% of the company’s stock.

Williams Companies Stock Performance

Shares of NYSE WMB opened at $71.92 on Friday. The firm has a fifty day moving average price of $73.44 and a 200-day moving average price of $68.85. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.83 and a quick ratio of 0.76. The stock has a market cap of $87.86 billion, a PE ratio of 31.54, a price-to-earnings-growth ratio of 1.76 and a beta of 0.58. Williams Companies, Inc. has a 1 year low of $55.82 and a 1 year high of $80.07.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data on Monday, May 4th. The pipeline company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.10. The firm had revenue of $3.03 billion during the quarter, compared to analysts’ expectations 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 for the quarter was down .6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Equities analysts anticipate that Williams Companies, Inc. will post 2.44 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

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 paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Friday, June 12th. Williams Companies’s dividend payout ratio (DPR) is presently 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.