Catalyst Capital Advisors LLC Has $17.56 Million Position in Williams Companies, Inc. (The) $WMB

Catalyst Capital Advisors LLC lessened its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 5.1% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 241,306 shares of the pipeline company’s stock after selling 12,886 shares during the quarter. Catalyst Capital Advisors LLC’s holdings in Williams Companies were worth $17,562,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Main Street Group LTD bought a new position in shares of Williams Companies in the first quarter worth $26,000. Frazier Financial Advisors LLC lifted its stake in shares of Williams Companies by 59.4% in the 1st quarter. Frazier Financial Advisors LLC now owns 416 shares of the pipeline company’s stock valued at $30,000 after acquiring an additional 155 shares during the last quarter. Towne Trust Company N.A boosted its stake in shares of 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 in the last quarter. Motiv8 Investments LLC acquired a new stake in Williams Companies during the 4th quarter worth approximately $27,000. Finally, Clearstead Trust LLC lifted its holdings in shares of Williams Companies by 62.2% during the fourth quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock worth $29,000 after purchasing an additional 186 shares during the period. Institutional investors and hedge funds own 86.44% of the company’s stock.

Insiders Place Their Bets

In related news, CFO John Dean Porter sold 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $75.37, for a total value of $3,768,500.00. Following the transaction, the chief financial officer directly owned 196,567 shares in the company, valued at approximately $14,815,254.79. This represents a 20.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Larry C. Larsen sold 12,000 shares of the firm’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 transaction of $917,760.00. Following the completion of the sale, the chief operating officer directly owned 98,219 shares in the company, valued at $7,511,789.12. This represents a 10.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 68,500 shares of company stock worth $5,182,655 over the last three months. Company insiders own 0.47% of the company’s stock.

Analyst Upgrades and Downgrades

WMB has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. lifted their price objective on Williams Companies from $88.00 to $89.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 1st. Canadian Imperial Bank of Commerce increased their price objective on shares of Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a research report on Tuesday, May 26th. Wall Street Zen raised shares of Williams Companies from a “sell” rating to a “hold” rating in a research report on Saturday. UBS Group reiterated a “buy” rating on shares of Williams Companies in a research note on Tuesday. Finally, Morgan Stanley upped their target price on shares of Williams Companies from $98.00 to $99.00 and gave the stock an “overweight” rating in a research note on Tuesday. Four analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $83.56.

Williams Companies Stock Down 1.9%

Williams Companies stock opened at $73.34 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. Williams Companies, Inc. has a 1-year low of $55.82 and a 1-year high of $80.07. The firm has a market capitalization of $89.60 billion, a price-to-earnings ratio of 32.17, a P/E/G ratio of 1.83 and a beta of 0.57. The firm has a 50 day simple moving average of $74.37 and a 200 day simple moving average of $71.32.

Williams Companies (NYSE:WMB) last issued its quarterly earnings data 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 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 prior year, the firm posted $0.60 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, analysts predict that Williams Companies, Inc. will post 2.43 earnings per share for the current year.

Williams Companies Announces Dividend

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