Kestra Private Wealth Services LLC Has $5.85 Million Stake in Williams Companies, Inc. (The) $WMB

Kestra Private Wealth Services LLC boosted its stake in Williams Companies, Inc. (The) (NYSE:WMBFree Report) by 19.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 97,395 shares of the pipeline company’s stock after purchasing an additional 15,862 shares during the period. Kestra Private Wealth Services LLC’s holdings in Williams Companies were worth $5,854,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. TD Waterhouse Canada Inc. increased its holdings in Williams Companies by 0.6% in the fourth quarter. TD Waterhouse Canada Inc. now owns 24,611 shares of the pipeline company’s stock valued at $1,479,000 after purchasing an additional 158 shares during the period. Towne Trust Company N.A increased its holdings in Williams Companies by 60.2% in 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 period. Courier Capital LLC increased its holdings in Williams Companies by 0.3% in the fourth quarter. Courier Capital LLC now owns 47,466 shares of the pipeline company’s stock valued at $2,853,000 after purchasing an additional 162 shares during the period. LRI Investments LLC increased its holdings in Williams Companies by 8.8% in the third quarter. LRI Investments LLC now owns 2,169 shares of the pipeline company’s stock valued at $137,000 after purchasing an additional 176 shares during the period. Finally, GHP Investment Advisors Inc. increased its holdings in Williams Companies by 23.3% in the fourth quarter. GHP Investment Advisors Inc. now owns 986 shares of the pipeline company’s stock valued at $59,000 after purchasing an additional 186 shares during the period. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on WMB. Wolfe Research upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. Truist Financial assumed coverage on Williams Companies in a report on Tuesday, March 24th. They issued a “buy” rating and a $84.00 price objective for the company. UBS Group upped their price target on shares of Williams Companies from $78.00 to $89.00 and gave the company a “buy” rating in a research report on Tuesday, February 17th. Morgan Stanley upped their price target on shares of Williams Companies from $83.00 to $90.00 and gave the company an “overweight” rating in a research report on Monday, March 2nd. Finally, Scotiabank upped their price target on shares of Williams Companies from $84.00 to $85.00 and gave the company a “sector outperform” rating in a research report on Wednesday, April 1st. Four analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Williams Companies presently has a consensus rating of “Buy” and an average target price of $78.60.

Read Our Latest Stock Analysis on Williams Companies

Williams Companies Stock Performance

Shares of WMB stock opened at $73.10 on Wednesday. The firm has a market cap of $89.29 billion, a price-to-earnings ratio of 34.16, a P/E/G ratio of 1.20 and a beta of 0.63. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.48 and a current ratio of 0.53. The firm’s 50-day simple moving average is $73.04 and its two-hundred day simple moving average is $65.74. Williams Companies, Inc. has a 52 week low of $55.82 and a 52 week high of $76.87.

Williams Companies (NYSE:WMBGet Free Report) last posted its earnings results on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.02). The business had revenue of $3.20 billion during 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 quarter in the previous year, the business earned $0.47 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, equities analysts forecast that Williams Companies, Inc. will post 2.41 earnings per share for the current year.

Williams Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Friday, June 12th will be paid a $0.525 dividend. The ex-dividend date is Friday, June 12th. This represents a $2.10 annualized dividend and a dividend yield of 2.9%. Williams Companies’s dividend payout ratio (DPR) is presently 98.13%.

Trending Headlines about Williams Companies

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

Insider Buying and Selling at Williams Companies

In other news, SVP Payvand Fazel sold 2,898 shares of Williams Companies stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $73.15, for a total value of $211,988.70. Following the completion of the transaction, the senior vice president owned 31,766 shares in the company, valued at $2,323,682.90. This trade represents a 8.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Mary A. Hausman sold 10,107 shares of Williams Companies stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $74.91, for a total transaction of $757,115.37. Following the completion of the transaction, the chief accounting officer owned 17,230 shares of the company’s stock, valued at $1,290,699.30. The trade was a 36.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 53,369 shares of company stock worth $3,912,512 over the last three months. Company insiders own 0.47% of the company’s stock.

Williams Companies Company Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding WMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Williams Companies, Inc. (The) (NYSE:WMBFree Report).

Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

Receive News & Ratings for Williams Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams Companies and related companies with MarketBeat.com's FREE daily email newsletter.