Corient Private Wealth LLC Increases Stock Position in Williams Companies, Inc. (The) $WMB

Corient Private Wealth LLC lifted its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 57.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,123,381 shares of the pipeline company’s stock after purchasing an additional 408,117 shares during the period. Corient Private Wealth LLC’s holdings in Williams Companies were worth $67,536,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in WMB. Mill Creek Capital Advisors LLC increased its stake in Williams Companies by 2.4% in the 4th quarter. Mill Creek Capital Advisors LLC now owns 6,000 shares of the pipeline company’s stock valued at $361,000 after buying an additional 141 shares during the last quarter. UMB Bank n.a. grew its holdings in shares of Williams Companies by 1.0% in the fourth quarter. UMB Bank n.a. now owns 15,309 shares of the pipeline company’s stock valued at $920,000 after acquiring an additional 148 shares in the last quarter. Parallel Advisors LLC increased its position in shares of Williams Companies by 1.2% during the fourth quarter. Parallel Advisors LLC now owns 12,646 shares of the pipeline company’s stock valued at $760,000 after acquiring an additional 149 shares during the last quarter. Great Diamond Partners LLC increased its position in shares of Williams Companies by 0.4% during the fourth quarter. Great Diamond Partners LLC now owns 34,870 shares of the pipeline company’s stock valued at $2,096,000 after acquiring an additional 150 shares during the last quarter. Finally, Betterment LLC lifted its holdings in Williams Companies by 3.3% during the fourth quarter. Betterment LLC now owns 4,766 shares of the pipeline company’s stock worth $286,000 after acquiring an additional 154 shares during the period. 86.44% of the stock is owned by institutional investors.

Williams Companies Trading Up 0.1%

Shares of WMB opened at $73.16 on Friday. The business has a 50-day moving average of $73.37 and a 200 day moving average of $69.27. Williams Companies, Inc. has a fifty-two week low of $55.82 and a fifty-two week high of $80.07. The firm has a market cap of $89.37 billion, a P/E ratio of 32.09, a price-to-earnings-growth ratio of 1.78 and a beta of 0.58. 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 announced its quarterly earnings data on Monday, May 4th. The pipeline company reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.10. The business had revenue of $3.03 billion for the quarter, compared to analysts’ expectations of $3.28 billion. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The firm’s quarterly revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.60 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, research analysts forecast that Williams Companies, Inc. will post 2.44 EPS for the current year.

Williams Companies Announces Dividend

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

Insider Buying and Selling at Williams Companies

In related news, COO Larry C. Larsen sold 12,000 shares of Williams Companies stock in a transaction that occurred 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 completion of the transaction, the chief operating officer directly owned 98,219 shares in the company, valued at approximately $7,511,789.12. The trade was a 10.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $76.35, for a total transaction of $152,700.00. Following the sale, the senior vice president directly owned 287,159 shares in the company, valued at $21,924,589.65. The trade was a 0.69% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 68,500 shares of company stock valued at $5,177,835. 0.47% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

WMB has been the topic of several research analyst reports. Scotiabank boosted their price objective on Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, May 12th. Wall Street Zen upgraded Williams Companies from a “sell” rating to a “hold” rating in a research note on Sunday, April 5th. Citigroup boosted their price target on shares of Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Truist Financial initiated coverage on shares of Williams Companies in a research report on Tuesday, March 24th. They set a “buy” rating and a $84.00 price target for the company. Finally, Wells Fargo & Company raised their price objective on shares of Williams Companies from $80.00 to $89.00 and gave the stock an “overweight” rating in a report on Friday, March 13th. Four analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target 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.