Forum Financial Management LP reduced its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB – Free Report) by 52.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,546 shares of the pipeline company’s stock after selling 12,693 shares during the period. Forum Financial Management LP’s holdings in Williams Companies were worth $840,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. Towne Trust Company N.A grew its holdings in Williams Companies by 60.2% during the fourth quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock valued at $26,000 after purchasing an additional 162 shares during the period. Motiv8 Investments LLC bought a new position in shares of Williams Companies during the 4th quarter valued at approximately $27,000. Clearstead Trust LLC grew its stake in shares of Williams Companies by 62.2% during the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock valued at $29,000 after acquiring an additional 186 shares during the period. Kemnay Advisory Services Inc. purchased a new stake in Williams Companies in the 4th quarter worth approximately $29,000. Finally, WHI TRUST Co LLC purchased a new stake in Williams Companies in the 4th quarter worth approximately $30,000. 86.44% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several equities analysts have weighed in on the stock. Royal Bank Of Canada lifted their price target on shares of Williams Companies from $82.00 to $83.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. UBS Group increased their price objective 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. Jefferies Financial Group raised their price objective on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a research report on Friday, April 10th. Citigroup lifted their target price on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Finally, Wall Street Zen raised shares of Williams Companies from a “sell” rating to a “hold” rating in a report on Sunday, April 5th. Four equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Williams Companies has a consensus rating of “Buy” and a consensus target price of $82.40.
Insider Buying and Selling at Williams Companies
In other news, SVP Glen G. Jasek sold 2,500 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $78.15, for a total value of $195,375.00. Following the sale, the senior vice president directly owned 54,101 shares in the company, valued at $4,227,993.15. The trade was a 4.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was 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 owned 287,159 shares in the company, valued at approximately $21,924,589.65. This trade represents a 0.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 66,500 shares of company stock valued at $5,034,335. 0.47% of the stock is owned by company insiders.
Key Williams Companies News
Here are the key news stories impacting Williams Companies this week:
- Positive Sentiment: The rumored Momentum Midstream acquisition could expand Williams’ natural gas and LNG-related pipeline network, strengthening its position in key U.S. export corridors and supporting longer-term growth. Williams Nears $5.5 Billion Momentum Midstream Acquisition
- Neutral Sentiment: Analysts and market commentary continue to frame Williams as a major midstream operator with solid long-term infrastructure exposure, and recent analyst targets remain above the current share price range. Williams Eyes LNG Growth With Potential $5.5B Momentum Midstream Deal
- Negative Sentiment: UBS says Williams is likely to report weaker Q2 results as the benefit from unusually cold winter weather fades, which could temper near-term earnings expectations. Williams Expected to Post Lower Q2 Results as Winter Boost Recedes, UBS Says
- Negative Sentiment: Some investors appear worried that a large acquisition could increase financing needs and leverage, and unusual put-option activity suggests rising caution around the stock. Williams Companies Slides as Investors Weigh Reported Momentum Midstream Deal
Williams Companies Trading Down 0.9%
Shares of Williams Companies stock opened at $74.39 on Wednesday. Williams Companies, Inc. has a twelve month low of $55.82 and a twelve month high of $80.07. The company has a quick ratio of 0.76, a current ratio of 0.83 and a debt-to-equity ratio of 1.99. The business has a 50-day moving average price of $73.97 and a 200-day moving average price of $70.03. The firm has a market cap of $90.87 billion, a price-to-earnings ratio of 32.63, a PEG ratio of 1.83 and a beta of 0.58.
Williams Companies (NYSE:WMB – Get Free Report) last posted its earnings results on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.10. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The company had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $3.28 billion. During the same period in the previous year, the business earned $0.60 earnings per share. The firm’s revenue for the quarter 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 anticipate that Williams Companies, Inc. will post 2.44 EPS for the current fiscal year.
Williams Companies Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Friday, June 12th were given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Friday, June 12th. 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.
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