US Bancorp DE Trims Stock Position in Williams Companies, Inc. (The) $WMB

US Bancorp DE trimmed its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 1.8% in the 4th quarter, HoldingsChannel reports. The fund owned 385,059 shares of the pipeline company’s stock after selling 7,041 shares during the quarter. US Bancorp DE’s holdings in Williams Companies were worth $23,146,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Bogart Wealth LLC raised its position in Williams Companies by 0.5% in the fourth quarter. Bogart Wealth LLC now owns 127,149 shares of the pipeline company’s stock valued at $7,643,000 after purchasing an additional 643 shares during the period. Simplicity Wealth LLC grew its holdings in shares of Williams Companies by 25.2% during the 4th quarter. Simplicity Wealth LLC now owns 6,051 shares of the pipeline company’s stock worth $364,000 after purchasing an additional 1,219 shares during the period. Turning Point Benefit Group Inc. increased its position in shares of Williams Companies by 38.6% during the 4th quarter. Turning Point Benefit Group Inc. now owns 1,002 shares of the pipeline company’s stock worth $60,000 after purchasing an additional 279 shares during the last quarter. Interchange Capital Partners LLC increased its position in shares of Williams Companies by 25.3% during the 4th quarter. Interchange Capital Partners LLC now owns 9,247 shares of the pipeline company’s stock worth $556,000 after purchasing an additional 1,865 shares during the last quarter. Finally, Keybank National Association OH raised its holdings in Williams Companies by 6.0% in the 4th quarter. Keybank National Association OH now owns 35,044 shares of the pipeline company’s stock valued at $2,106,000 after buying an additional 1,972 shares during the period. Institutional investors and hedge funds own 86.44% of the company’s stock.

Insider Buying and Selling

In related news, SVP Todd J. Rinke sold 7,364 shares of the company’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $74.39, for a total transaction of $547,807.96. Following the sale, the senior vice president directly owned 26,055 shares in the company, valued at approximately $1,938,231.45. This represents a 22.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Payvand Fazel sold 2,898 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $73.15, for a total transaction of $211,988.70. Following the completion of the sale, the senior vice president directly owned 31,766 shares in the company, valued at approximately $2,323,682.90. This trade represents a 8.36% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 53,369 shares of company stock worth $3,912,512 over the last 90 days. 0.47% of the stock is currently owned by company insiders.

Williams Companies Stock Performance

Shares of WMB stock opened at $75.69 on Friday. The firm has a 50 day moving average of $73.14 and a two-hundred day moving average of $65.87. The stock has a market capitalization of $92.46 billion, a PE ratio of 35.37, a P/E/G ratio of 1.27 and a beta of 0.61. The company has a quick ratio of 0.48, a current ratio of 0.53 and a debt-to-equity ratio of 1.83. Williams Companies, Inc. has a 52 week low of $55.82 and a 52 week high of $76.87.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.02). The company had revenue of $3.20 billion for the quarter, compared to analysts’ expectations of $3.10 billion. Williams Companies had a return on equity of 17.32% and a net margin of 21.90%.During the same period in the prior year, the company posted $0.47 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, research analysts predict that Williams Companies, Inc. will post 2.42 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Friday, June 12th will be issued a dividend of $0.525 per share. The ex-dividend date is Friday, June 12th. This represents a $2.10 annualized dividend and a yield of 2.8%. Williams Companies’s dividend payout ratio is 98.13%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on WMB shares. Stifel Nicolaus upped their target price on shares of Williams Companies from $69.00 to $78.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Royal Bank Of Canada boosted their price target on shares of Williams Companies from $78.00 to $82.00 and gave the company an “outperform” rating in a research note on Monday, April 6th. Weiss Ratings restated a “buy (b)” rating on shares of Williams Companies in a report on Friday, March 27th. Scotiabank increased their price objective on shares of Williams Companies from $84.00 to $85.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, April 1st. Finally, Morgan Stanley lifted their target price on shares of Williams Companies from $83.00 to $90.00 and gave the company an “overweight” rating in a report on Monday, March 2nd. Four analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $78.60.

About Williams Companies

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.