Brookstone Capital Management Has $2.85 Million Stock Position in Williams Companies, Inc. (The) $WMB

Brookstone Capital Management lifted its position in Williams Companies, Inc. (The) (NYSE:WMB) by 53.8% in the first quarter, Holdings Channel.com reports. The institutional investor owned 39,095 shares of the pipeline company’s stock after buying an additional 13,678 shares during the period. Brookstone Capital Management’s holdings in Williams Companies were worth $2,845,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Towne Trust Company N.A increased its stake in Williams Companies by 60.2% during the 4th 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 in the last quarter. Motiv8 Investments LLC bought a new position in shares of Williams Companies during the fourth quarter worth about $27,000. Clearstead Trust LLC boosted 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 acquiring an additional 186 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new stake in shares of Williams Companies in the fourth quarter valued at approximately $29,000. Finally, First Command Advisory Services Inc. lifted its position in shares of Williams Companies by 216.8% in 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. 86.44% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have issued reports on WMB shares. The Goldman Sachs Group upgraded shares of Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 price target on the stock in a research note on Monday, April 20th. UBS Group boosted their price target on Williams Companies from $89.00 to $91.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Stifel Nicolaus raised their price target on Williams Companies from $78.00 to $83.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Wolfe Research upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a report on Friday, March 27th. Four 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 company. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $82.40.

Insider Transactions at Williams Companies

In other Williams Companies news, CFO John Dean Porter sold 50,000 shares of the company’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $75.37, for a total value of $3,768,500.00. Following the completion of the transaction, the chief financial officer owned 196,567 shares of the company’s stock, valued at $14,815,254.79. This represents a 20.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s 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 transaction, the senior vice president owned 287,159 shares of the company’s stock, valued at approximately $21,924,589.65. This trade represents a 0.69% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 68,500 shares of company stock worth $5,177,835 in the last 90 days. 0.47% of the stock is currently owned by company insiders.

Williams Companies Stock Performance

Shares of NYSE:WMB opened at $75.90 on Thursday. The company’s 50 day simple moving average is $73.56 and its 200 day simple moving average is $69.62. The stock has a market capitalization of $92.71 billion, a price-to-earnings ratio of 33.29, a price-to-earnings-growth ratio of 1.85 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. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.83 and a quick ratio of 0.76.

Williams Companies (NYSE:WMB) last posted its quarterly 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. The company had revenue of $3.03 billion during 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%.Williams Companies’s revenue was down .6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.60 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, research analysts predict that Williams Companies, Inc. will post 2.44 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Friday, June 12th will be paid 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 of this dividend is 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.