Lido Advisors LLC boosted its position in Williams Companies, Inc. (The) (NYSE:WMB – Free Report) by 18.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 55,883 shares of the pipeline company’s stock after buying an additional 8,623 shares during the quarter. Lido Advisors LLC’s holdings in Williams Companies were worth $4,067,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also recently made changes to their positions in the company. Main Street Group LTD purchased a new stake in Williams Companies in the 1st quarter worth about $26,000. Frazier Financial Advisors LLC lifted its holdings in Williams Companies by 59.4% during the first quarter. Frazier Financial Advisors LLC now owns 416 shares of the pipeline company’s stock valued at $30,000 after purchasing an additional 155 shares during the last quarter. Towne Trust Company N.A lifted its holdings in 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 during the last quarter. Motiv8 Investments LLC bought a new position in Williams Companies during the fourth quarter worth about $27,000. Finally, Cornerstone Planning Group LLC increased its stake in shares of Williams Companies by 102.5% in the first quarter. Cornerstone Planning Group LLC now owns 480 shares of the pipeline company’s stock worth $37,000 after purchasing an additional 243 shares in the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.
Analysts Set New Price Targets
Several research firms recently commented on WMB. Canadian Imperial Bank of Commerce raised their price objective on shares of Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a report on Tuesday, May 26th. 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 report on Wednesday, May 6th. Royal Bank Of Canada increased their price objective on Williams Companies from $82.00 to $83.00 and gave the stock an “outperform” rating in a report on Thursday, May 7th. UBS Group restated a “buy” rating on shares of Williams Companies in a research note on Tuesday, July 14th. Finally, Citigroup lifted their target price on Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a report on Friday, May 8th. Four 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 stock. Based on data from MarketBeat.com, Williams Companies has a consensus rating of “Buy” and an average price target of $83.56.
Williams Companies Stock Down 1.7%
WMB stock opened at $73.96 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’s 50 day moving average is $74.19 and its 200 day moving average is $71.81. The stock has a market cap of $90.34 billion, a price-to-earnings ratio of 32.44, a price-to-earnings-growth ratio of 1.74 and a beta of 0.57. Williams Companies, Inc. has a 1-year low of $55.82 and a 1-year high of $80.07.
Williams Companies (NYSE:WMB – Get Free Report) last announced its earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.10. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The business had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $3.28 billion. During the same period last year, the firm posted $0.60 earnings per share. Williams Companies’s quarterly revenue was down .6% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Sell-side analysts predict that Williams Companies, Inc. will post 2.45 EPS for the current fiscal year.
Williams Companies Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Friday, June 12th were given a dividend of $0.525 per share. The ex-dividend date 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 92.11%.
Insider Activity at Williams Companies
In related news, SVP Glen G. Jasek sold 2,500 shares of the stock in a transaction on Friday, May 15th. The stock was sold at an average price of $78.15, for a total value of $195,375.00. Following the transaction, the senior vice president owned 54,101 shares of the company’s stock, valued at $4,227,993.15. This represents a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $74.16, for a total value of $148,320.00. Following the sale, the senior vice president directly owned 283,159 shares of the company’s stock, valued at approximately $20,999,071.44. This trade represents a 0.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 68,500 shares of company stock valued at $5,182,655. 0.47% of the stock is currently owned by insiders.
Williams Companies 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.
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