Williams Companies, Inc. (The) $WMB Stake Boosted by Ibex Wealth Advisors

Ibex Wealth Advisors increased its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 2.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 356,290 shares of the pipeline company’s stock after acquiring an additional 9,572 shares during the quarter. Williams Companies comprises 2.4% of Ibex Wealth Advisors’ investment portfolio, making the stock its 6th biggest position. Ibex Wealth Advisors’ holdings in Williams Companies were worth $25,931,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Brighton Jones LLC increased its holdings in shares of Williams Companies by 40.9% in the fourth quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock valued at $740,000 after purchasing an additional 3,969 shares during the last quarter. Sivia Capital Partners LLC boosted its stake in Williams Companies by 5.5% during the second quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock worth $291,000 after buying an additional 242 shares during the last quarter. Treasurer of the State of North Carolina grew its holdings in Williams Companies by 2.1% in the 2nd quarter. Treasurer of the State of North Carolina now owns 568,928 shares of the pipeline company’s stock valued at $35,734,000 after buying an additional 11,926 shares in the last quarter. Main Street Financial Solutions LLC grew its holdings in Williams Companies by 3.0% in the 2nd quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company’s stock valued at $644,000 after buying an additional 296 shares in the last quarter. Finally, Ieq Capital LLC increased its stake in shares of Williams Companies by 160.1% in the 2nd quarter. Ieq Capital LLC now owns 165,035 shares of the pipeline company’s stock worth $10,366,000 after acquiring an additional 101,574 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Scotiabank lifted their price target on Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a report on Tuesday, May 12th. TD Cowen raised their price objective on shares of Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Wolfe Research raised shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. Morgan Stanley boosted their target price on shares of Williams Companies from $90.00 to $98.00 and gave the company an “overweight” rating in a report on Wednesday, May 20th. Finally, Truist Financial initiated coverage on shares of Williams Companies in a research note on Tuesday, March 24th. They issued a “buy” rating and a $84.00 price target for the company. Four research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $83.50.

Insider Transactions at Williams Companies

In related news, CFO John Dean Porter sold 50,000 shares of the stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $75.37, for a total transaction of $3,768,500.00. Following the transaction, the chief financial officer owned 196,567 shares of the company’s stock, valued at approximately $14,815,254.79. This represents a 20.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $74.16, for a total value of $148,320.00. Following the transaction, the senior vice president owned 283,159 shares of the company’s stock, valued at $20,999,071.44. This trade represents a 0.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 68,500 shares of company stock valued at $5,182,655. Corporate insiders own 0.47% of the company’s stock.

Williams Companies Price Performance

Williams Companies stock opened at $75.49 on Friday. The company’s 50 day simple moving average is $74.30 and its 200-day simple moving average is $70.76. The company has a market capitalization of $92.21 billion, a price-to-earnings ratio of 33.11, a price-to-earnings-growth ratio of 1.84 and a beta of 0.57. Williams Companies, Inc. has a 1 year low of $55.82 and a 1 year high of $80.07. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.83.

Williams Companies (NYSE:WMB) last issued its quarterly earnings data on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.63 by $0.10. The firm had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.28 billion. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The business’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.60 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, equities research analysts expect that Williams Companies, Inc. will post 2.43 earnings per share for the current year.

Williams Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Friday, June 12th were paid a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Friday, June 12th. Williams Companies’s dividend payout ratio is 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.