Williams Companies, Inc. (The) $WMB Shares Sold by Dividend Assets Capital LLC

Dividend Assets Capital LLC decreased its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 12.4% in the 1st quarter, Holdings Channel reports. The firm owned 95,062 shares of the pipeline company’s stock after selling 13,410 shares during the period. Williams Companies accounts for about 1.4% of Dividend Assets Capital LLC’s investment portfolio, making the stock its 27th biggest holding. Dividend Assets Capital LLC’s holdings in Williams Companies were worth $6,919,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of WMB. Brighton Jones LLC increased its stake in 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 period. Sivia Capital Partners LLC boosted its stake in shares of 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 period. Treasurer of the State of North Carolina boosted its stake in shares of Williams Companies by 2.1% during the second quarter. Treasurer of the State of North Carolina now owns 568,928 shares of the pipeline company’s stock worth $35,734,000 after buying an additional 11,926 shares during the period. Main Street Financial Solutions LLC grew its holdings in shares of Williams Companies by 3.0% during the second quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company’s stock worth $644,000 after buying an additional 296 shares during the last quarter. Finally, Ieq Capital LLC increased its position in Williams Companies by 160.1% in 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 during the period. Institutional investors and hedge funds own 86.44% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on WMB. JPMorgan Chase & Co. increased their price objective on Williams Companies from $88.00 to $89.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 1st. TD Cowen boosted their target price on Williams Companies from $81.00 to $87.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Stifel Nicolaus upped their price target on Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Williams Companies in a report on Wednesday, June 24th. Finally, Royal Bank Of Canada lifted their price objective on shares of Williams Companies from $82.00 to $83.00 and gave the company an “outperform” rating in a research report on Thursday, May 7th. Four analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $82.94.

Insiders Place Their Bets

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $74.16, for a total value of $148,320.00. Following the completion of the transaction, the senior vice president owned 283,159 shares in the company, valued at approximately $20,999,071.44. This represents a 0.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, 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 value of $195,375.00. Following the completion of the sale, 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 position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 68,500 shares of company stock worth $5,182,655. 0.47% of the stock is owned by insiders.

Williams Companies Price Performance

Shares of NYSE:WMB opened at $73.09 on Monday. Williams Companies, Inc. has a 52 week low of $55.82 and a 52 week high of $80.07. The company has a 50-day moving average price of $74.10 and a 200 day moving average price of $70.30. The company has a market cap of $89.28 billion, a P/E ratio of 32.06, a PEG ratio of 1.79 and a beta of 0.57. The company has a quick ratio of 0.76, a current ratio of 0.83 and a debt-to-equity ratio of 1.99.

Williams Companies (NYSE:WMB) last released its earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.10. The company 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% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.60 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Research analysts predict that Williams Companies, Inc. will post 2.44 earnings per share for the current year.

Williams Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Friday, June 12th were issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend was Friday, June 12th. Williams Companies’s dividend payout ratio is currently 92.11%.

Williams Companies 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.