Williams Companies, Inc. (The) $WMB Shares Bought by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. raised its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 15.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,093,848 shares of the pipeline company’s stock after purchasing an additional 145,441 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Williams Companies were worth $65,751,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Towne Trust Company N.A lifted its holdings 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 worth $26,000 after purchasing an additional 162 shares during the period. Motiv8 Investments LLC acquired a new position in Williams Companies in the 4th quarter valued at $27,000. Clearstead Trust LLC raised its position in Williams Companies by 62.2% during the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock worth $29,000 after buying an additional 186 shares during the last quarter. Kemnay Advisory Services Inc. purchased a new position in Williams Companies during the fourth quarter worth about $29,000. Finally, First Command Advisory Services Inc. raised its holdings in Williams Companies by 216.8% during the fourth quarter. First Command Advisory Services Inc. now owns 491 shares of the pipeline company’s stock worth $30,000 after purchasing an additional 336 shares in the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Royal Bank Of Canada lifted their price objective on Williams Companies from $82.00 to $83.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Truist Financial started coverage on Williams Companies in a research note on Tuesday, March 24th. They set a “buy” rating and a $84.00 target price for the company. Morgan Stanley raised their price target on Williams Companies from $90.00 to $98.00 and gave the company an “overweight” rating in a report on Wednesday, May 20th. Stifel Nicolaus lifted their price target on Williams Companies from $78.00 to $83.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Finally, UBS Group upped their price objective on Williams Companies from $89.00 to $91.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Four research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $82.40.

Williams Companies Stock Performance

Shares of WMB stock opened at $73.16 on Friday. The stock has a fifty day moving average price of $73.37 and a 200 day moving average price of $69.27. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.83. The stock has a market cap of $89.37 billion, a PE ratio of 32.09, a P/E/G ratio of 1.78 and a beta of 0.58. Williams Companies, Inc. has a 1 year low of $55.82 and a 1 year high of $80.07.

Williams Companies (NYSE:WMB) last posted its earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $3.28 billion. During the same quarter in the prior year, the company earned $0.60 earnings per share. Williams Companies’s revenue was down .6% compared to the same quarter last year. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Sell-side analysts forecast that Williams Companies, Inc. will post 2.44 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

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

Insider Buying and Selling at Williams Companies

In other Williams Companies news, COO Larry C. Larsen sold 12,000 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $76.48, for a total value of $917,760.00. Following the sale, the chief operating officer owned 98,219 shares of the company’s stock, valued at $7,511,789.12. This represents a 10.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of the 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 owned 287,159 shares in the company, valued at $21,924,589.65. This represents a 0.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 68,500 shares of company stock valued at $5,177,835. Insiders own 0.47% of the company’s stock.

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.