TD Asset Management Inc Lowers Stock Holdings in Williams Companies, Inc. (The) $WMB

TD Asset Management Inc lowered its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 8.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 632,022 shares of the pipeline company’s stock after selling 59,774 shares during the quarter. TD Asset Management Inc’s holdings in Williams Companies were worth $37,991,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Great Diamond Partners LLC grew its holdings in shares of Williams Companies by 0.4% during the fourth quarter. Great Diamond Partners LLC now owns 34,870 shares of the pipeline company’s stock worth $2,096,000 after buying an additional 150 shares during the last quarter. TD Waterhouse Canada Inc. grew its holdings in shares of Williams Companies by 0.6% during the fourth quarter. TD Waterhouse Canada Inc. now owns 24,611 shares of the pipeline company’s stock worth $1,479,000 after buying an additional 158 shares during the last quarter. Towne Trust Company N.A grew its holdings in shares of Williams Companies by 60.2% during the fourth quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock worth $26,000 after buying an additional 162 shares during the last quarter. Courier Capital LLC grew its holdings in shares of Williams Companies by 0.3% during the fourth quarter. Courier Capital LLC now owns 47,466 shares of the pipeline company’s stock worth $2,853,000 after buying an additional 162 shares during the last quarter. Finally, Sierra Summit Advisors LLC grew its holdings in shares of Williams Companies by 0.5% during the fourth quarter. Sierra Summit Advisors LLC now owns 33,871 shares of the pipeline company’s stock worth $2,036,000 after buying an additional 175 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Insider Activity at Williams Companies

In other news, SVP Payvand Fazel sold 2,898 shares of Williams Companies 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies 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 sale, the senior vice president owned 287,159 shares of the company’s stock, valued at approximately $21,924,589.65. The trade was a 0.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 78,762 shares of company stock worth $5,937,632. 0.47% of the stock is currently owned by company insiders.

Williams Companies Price Performance

Shares of NYSE WMB opened at $72.00 on Friday. The firm has a market capitalization of $87.95 billion, a P/E ratio of 31.58, a PEG ratio of 1.76 and a beta of 0.58. Williams Companies, Inc. has a one year low of $55.82 and a one year high of $80.07. The company’s fifty day moving average is $73.55 and its two-hundred day moving average is $68.42. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.83.

Williams Companies (NYSE:WMB) last issued its 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. The company had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.28 billion. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The business’s revenue was down .6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.60 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Analysts forecast that Williams Companies, Inc. will post 2.44 EPS for the current fiscal year.

Williams Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Friday, June 12th will be given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Friday, June 12th. Williams Companies’s dividend payout ratio (DPR) is presently 92.11%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on WMB shares. Citigroup raised their price target on Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a report on Friday, March 27th. Morgan Stanley raised their price target on Williams Companies from $90.00 to $98.00 and gave the stock an “overweight” rating in a report on Wednesday, May 20th. Royal Bank Of Canada raised their price objective on shares of Williams Companies from $82.00 to $83.00 and gave the company an “outperform” rating in a research report on Thursday, May 7th. Finally, Truist Financial assumed coverage on shares of Williams Companies in a research report on Tuesday, March 24th. They issued a “buy” rating and a $84.00 price objective for the company. Four investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Williams Companies currently has a consensus rating of “Buy” and a consensus target price of $82.40.

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.