Williams Companies, Inc. (The) $WMB Shares Purchased by Adams Natural Resources Fund Inc.

Adams Natural Resources Fund Inc. grew its position in Williams Companies, Inc. (The) (NYSE:WMBFree Report) by 5.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 457,450 shares of the pipeline company’s stock after acquiring an additional 21,900 shares during the quarter. Williams Companies accounts for about 3.9% of Adams Natural Resources Fund Inc.’s holdings, making the stock its 4th largest position. Adams Natural Resources Fund Inc.’s holdings in Williams Companies were worth $33,293,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. The Goldman Sachs Group raised shares of Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 price target for the company in a research report on Monday, April 20th. Morgan Stanley upped their price objective on Williams Companies from $90.00 to $98.00 and gave the company an “overweight” rating in a research note on Wednesday, May 20th. Citigroup increased their target price on Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Wells Fargo & Company raised their target price on Williams Companies from $80.00 to $89.00 and gave the stock an “overweight” rating in a research report on Friday, March 13th. Finally, Truist Financial initiated coverage on Williams Companies in a research note on Tuesday, March 24th. They issued a “buy” rating and a $84.00 price target on the stock. Four investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $82.40.

View Our Latest Research Report on Williams Companies

Williams Companies Trading Up 0.6%

WMB stock opened at $78.00 on Friday. The business has a fifty day moving average price of $73.82 and a 200 day moving average price of $69.78. 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, Inc. has a fifty-two week low of $55.82 and a fifty-two week high of $80.07. The stock has a market capitalization of $95.28 billion, a price-to-earnings ratio of 34.21, a P/E/G ratio of 1.90 and a beta of 0.58.

Williams Companies (NYSE:WMBGet Free Report) last posted its quarterly earnings data on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.10. The company had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.28 billion. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The business’s revenue was down .6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Analysts expect that Williams Companies, Inc. will post 2.44 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Friday, June 12th will be given a dividend of $0.525 per share. The ex-dividend date is Friday, June 12th. This represents a $2.10 annualized dividend and a yield of 2.7%. Williams Companies’s dividend payout ratio is 92.11%.

Insider Activity at Williams Companies

In other news, SVP Glen G. Jasek sold 2,500 shares of the company’s 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 transaction, the senior vice president directly owned 54,101 shares in the company, valued at approximately $4,227,993.15. This represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the senior vice president directly owned 287,159 shares of the company’s stock, valued at approximately $21,924,589.65. This represents a 0.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 68,500 shares of company stock worth $5,177,835 in the last quarter. Insiders own 0.47% of the company’s stock.

Williams Companies Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

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