Bank of America Corp DE Sells 1,592,637 Shares of Williams Companies, Inc. (The) $WMB

Bank of America Corp DE reduced its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 3.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,461,236 shares of the pipeline company’s stock after selling 1,592,637 shares during the quarter. Bank of America Corp DE’s holdings in Williams Companies were worth $3,235,889,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Brighton Jones LLC grew its holdings in shares of Williams Companies by 40.9% during the fourth quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock worth $740,000 after purchasing an additional 3,969 shares during the last quarter. Sivia Capital Partners LLC raised its holdings in shares of Williams Companies by 5.5% in the second quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock valued at $291,000 after buying an additional 242 shares during the last quarter. Treasurer of the State of North Carolina lifted its position in Williams Companies by 2.1% during the 2nd quarter. Treasurer of the State of North Carolina now owns 568,928 shares of the pipeline company’s stock worth $35,734,000 after buying an additional 11,926 shares in the last quarter. Main Street Financial Solutions LLC lifted its position in Williams Companies by 3.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company’s stock worth $644,000 after buying an additional 296 shares in the last quarter. Finally, Ieq Capital LLC grew its holdings in Williams Companies by 160.1% during the 2nd quarter. Ieq Capital LLC now owns 165,035 shares of the pipeline company’s stock worth $10,366,000 after acquiring an additional 101,574 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on WMB shares. Canadian Imperial Bank of Commerce boosted their target price on shares of Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a research note on Tuesday, May 26th. Scotiabank raised their price target on shares of Williams Companies from $85.00 to $86.00 and gave the company a “sector outperform” rating in a report on Tuesday, May 12th. Jefferies Financial Group dropped their price objective on shares of Williams Companies from $87.00 to $85.00 and set a “buy” rating for the company in a research report on Wednesday, July 1st. Royal Bank Of Canada upped 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. Finally, Citigroup increased their price objective on Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Four equities 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’s stock. According to data from MarketBeat.com, Williams Companies currently has an average rating of “Buy” and a consensus price target of $83.56.

Insider Activity

In related news, SVP Glen G. Jasek sold 2,500 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $78.15, for a total transaction of $195,375.00. Following the completion of the transaction, the senior vice president owned 54,101 shares in the company, valued at approximately $4,227,993.15. The trade was a 4.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $74.16, for a total transaction of $148,320.00. Following the completion of the sale, the senior vice president directly owned 283,159 shares of the company’s stock, valued at $20,999,071.44. The trade was a 0.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 68,500 shares of company stock worth $5,182,655 over the last quarter. 0.47% of the stock is owned by insiders.

Williams Companies Trading Down 0.0%

NYSE WMB opened at $70.13 on Thursday. Williams Companies, Inc. has a 12 month low of $55.82 and a 12 month high of $80.07. The stock has a 50-day simple moving average of $73.71 and a 200 day simple moving average of $72.09. 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 market capitalization of $85.66 billion, a PE ratio of 30.76, a P/E/G ratio of 1.64 and a beta of 0.57.

Williams Companies (NYSE:WMB) last issued its earnings results 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 firm 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 company’s revenue was down .6% compared to the same quarter last year. During the same quarter last year, the business earned $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Research analysts forecast that Williams Companies, Inc. will post 2.45 EPS for the current year.

Williams Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Friday, September 11th will be given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Friday, September 11th. Williams Companies’s dividend payout ratio (DPR) is currently 92.11%.

Key Headlines Impacting Williams Companies

Here are the key news stories impacting Williams Companies this week:

• Positive Sentiment: Analysts have set an average price target of $83.56, above recent trading levels, suggesting potential upside as investor sentiment remains constructive. Analysts Set Williams Companies Price Target at $83.56
• Positive Sentiment: Williams declared a quarterly cash dividend of $0.525 per share, payable September 28 to shareholders of record September 11. The dividend equates to approximately $2.10 annually and a yield near 3%, reinforcing the stock’s appeal to income-focused investors. Williams Announces Quarterly Cash Dividend
• Positive Sentiment: Wall Street expects higher year-over-year revenue and earnings for the quarter scheduled to be reported August 3. Williams currently has an Earnings ESP of 7.95%, indicating that the most accurate analyst estimate is above the broader consensus and raising the possibility of an earnings beat. Williams Companies Draws Earnings Optimism
• Neutral Sentiment: Investors are evaluating whether Williams’ focus on natural-gas infrastructure and contracted cash flows can sustain long-term growth. Broader midstream-sector analysis highlights durable free-cash-flow generation, which supports dividends and potential buybacks. Midstream and MLPs Deliver Durable Free Cash Flow
• Negative Sentiment: After gaining approximately 257% over five years, Williams shares are viewed by some analysts as fully valued or expensive. The recent pullback has increased concern that much of the company’s success and future growth may already be reflected in the stock price, potentially limiting upside without strong earnings or guidance. Williams Stock Looks Fully Valued

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.