Burney Co. Decreases Holdings in Williams Companies, Inc. (The) $WMB

Burney Co. lowered its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 27.4% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 33,030 shares of the pipeline company’s stock after selling 12,496 shares during the quarter. Burney Co.’s holdings in Williams Companies were worth $2,404,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Mill Creek Capital Advisors LLC increased its stake in Williams Companies by 2.4% in the fourth quarter. Mill Creek Capital Advisors LLC now owns 6,000 shares of the pipeline company’s stock valued at $361,000 after purchasing an additional 141 shares during the last quarter. UMB Bank n.a. lifted its position in shares of Williams Companies by 1.0% during the 4th quarter. UMB Bank n.a. now owns 15,309 shares of the pipeline company’s stock worth $920,000 after buying an additional 148 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of Williams Companies by 1.2% in the 4th quarter. Parallel Advisors LLC now owns 12,646 shares of the pipeline company’s stock valued at $760,000 after buying an additional 149 shares in the last quarter. Great Diamond Partners LLC boosted its holdings in shares of Williams Companies by 0.4% in the 4th quarter. Great Diamond Partners LLC now owns 34,870 shares of the pipeline company’s stock valued at $2,096,000 after buying an additional 150 shares in the last quarter. Finally, Betterment LLC grew its position in shares of Williams Companies by 3.3% in the 4th quarter. Betterment LLC now owns 4,766 shares of the pipeline company’s stock valued at $286,000 after buying an additional 154 shares during the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Insider Transactions at Williams Companies

In related news, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $74.16, for a total transaction of $148,320.00. Following the completion of the transaction, the senior vice president directly owned 283,159 shares in the company, valued at $20,999,071.44. The trade was a 0.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Larry C. Larsen sold 12,000 shares of the company’s 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 sale, 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 SEC filing for this sale provides additional information. Over the last quarter, insiders sold 68,500 shares of company stock worth $5,182,655. Corporate insiders own 0.47% of the company’s stock.

Analysts Set New Price Targets

WMB has been the topic of several research analyst reports. Canadian Imperial Bank of Commerce lifted their price target on shares of Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a research note on Tuesday, May 26th. Stifel Nicolaus raised their price objective on Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Wall Street Zen cut Williams Companies from a “hold” rating to a “sell” rating in a research report on Saturday. Royal Bank Of Canada boosted their target price on Williams Companies from $82.00 to $83.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Finally, Wolfe Research raised Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Four analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Williams Companies currently has an average rating of “Buy” and a consensus target price of $82.94.

Williams Companies Stock Performance

Shares of WMB opened at $75.12 on Wednesday. The stock has a market capitalization of $91.76 billion, a P/E ratio of 32.95, a P/E/G ratio of 1.78 and a beta of 0.57. 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, Inc. has a 1 year low of $55.82 and a 1 year high of $80.07. The company’s fifty day moving average is $74.18 and its two-hundred day moving average is $70.52.

Williams Companies (NYSE:WMB) last issued its quarterly earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.10. The business 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 was down .6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, sell-side analysts predict that Williams Companies, Inc. will post 2.44 earnings per share for the current year.

Williams Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Friday, June 12th were given a $0.525 dividend. The ex-dividend date was Friday, June 12th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.8%. Williams Companies’s dividend payout ratio (DPR) is currently 92.11%.

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.