Williams Companies, Inc. (The) $WMB is Ibex Wealth Advisors’ 6th Largest Position

Ibex Wealth Advisors grew its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 2.8% in the 1st quarter, HoldingsChannel.com reports. The fund owned 356,290 shares of the pipeline company’s stock after buying an additional 9,572 shares during the quarter. Williams Companies comprises about 2.4% of Ibex Wealth Advisors’ investment portfolio, making the stock its 6th largest holding. Ibex Wealth Advisors’ holdings in Williams Companies were worth $25,931,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of WMB. Towne Trust Company N.A grew 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 acquired a new stake in Williams Companies in the 4th quarter valued at about $27,000. Clearstead Trust LLC raised its position in Williams Companies by 62.2% in the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock valued at $29,000 after purchasing an additional 186 shares in the last quarter. Kemnay Advisory Services Inc. purchased a new position in shares of Williams Companies in the 4th quarter valued at about $29,000. Finally, First Command Advisory Services Inc. grew its position in shares of 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 buying an additional 336 shares in the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on WMB. Barclays raised their target price on shares of Williams Companies from $73.00 to $75.00 and gave the company an “equal weight” rating in a report on Wednesday. Wells Fargo & Company lifted their price objective on shares of Williams Companies from $80.00 to $89.00 and gave the stock an “overweight” rating in a research report on Friday, March 13th. Citigroup boosted their target price on shares of Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Morgan Stanley raised their price target on Williams Companies from $90.00 to $98.00 and gave the company an “overweight” rating in a research note on Wednesday, May 20th. Finally, Royal Bank Of Canada lifted their price target on Williams Companies from $82.00 to $83.00 and gave the stock an “outperform” rating in a report on Thursday, May 7th. Four research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $83.50.

Insider Transactions at Williams Companies

In related news, COO Larry C. Larsen sold 12,000 shares of the company’s stock in a transaction dated Thursday, May 14th. The stock was 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 of the company’s stock, valued at $7,511,789.12. This represents a 10.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO John Dean Porter sold 50,000 shares of the firm’s stock in a transaction that occurred on 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 transaction, the chief financial officer owned 196,567 shares in the company, valued at $14,815,254.79. This represents a 20.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 68,500 shares of company stock worth $5,182,655 over the last three months. 0.47% of the stock is currently owned by company insiders.

Williams Companies Trading Up 0.3%

Shares of Williams Companies stock opened at $75.49 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. The company has a fifty day simple moving average of $74.30 and a 200-day simple moving average of $70.76. The stock has a market cap of $92.21 billion, a price-to-earnings ratio of 33.11, a PEG ratio of 1.84 and a beta of 0.57. Williams Companies, Inc. has a 12-month low of $55.82 and a 12-month high of $80.07.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.63 by $0.10. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The firm had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same period last year, the business earned $0.60 EPS. Williams Companies’s revenue for the quarter was down .6% compared to the same quarter last year. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, equities analysts forecast that Williams Companies, Inc. will post 2.43 EPS for the current fiscal year.

Williams Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Friday, June 12th were issued a dividend of $0.525 per share. The ex-dividend date of this dividend was Friday, June 12th. This represents a $2.10 annualized dividend and a dividend yield of 2.8%. Williams Companies’s dividend payout ratio (DPR) 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.