Tulsa Wealth Advisors INC Buys Shares of 22,952 Williams Companies, Inc. (The) $WMB

Tulsa Wealth Advisors INC purchased a new stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) during the fourth quarter, Holdings Channel reports. The fund purchased 22,952 shares of the pipeline company’s stock, valued at approximately $1,380,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank bought a new position in Williams Companies in the 4th quarter valued at approximately $747,749,000. BROOKFIELD Corp ON grew its holdings in Williams Companies by 190.3% during the 2nd quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock worth $755,490,000 after acquiring an additional 7,884,730 shares during the last quarter. Wellington Management Group LLP grew its holdings in Williams Companies by 15.9% during the 3rd quarter. Wellington Management Group LLP now owns 48,586,299 shares of the pipeline company’s stock worth $3,077,942,000 after acquiring an additional 6,668,950 shares during the last quarter. Clearbridge Investments LLC increased its position in Williams Companies by 21.3% in the 4th quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company’s stock valued at $1,281,875,000 after acquiring an additional 3,748,126 shares during the period. Finally, SG Americas Securities LLC raised its stake in shares of Williams Companies by 4,992.2% during the fourth quarter. SG Americas Securities LLC now owns 3,704,739 shares of the pipeline company’s stock valued at $222,692,000 after acquiring an additional 3,631,986 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, COO Larry C. Larsen sold 12,000 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $76.48, for a total value of $917,760.00. Following the completion of the sale, the chief operating officer directly owned 98,219 shares of the company’s stock, valued at $7,511,789.12. The trade was a 10.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $76.35, for a total transaction of $152,700.00. Following the completion of the transaction, the senior vice president directly 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 68,500 shares of company stock worth $5,177,835 in the last quarter. 0.47% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have recently commented on WMB shares. Jefferies Financial Group lifted their price target on shares of Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, April 10th. Royal Bank Of Canada increased their price target on Williams Companies from $82.00 to $83.00 and gave the stock an “outperform” rating in a report on Thursday, May 7th. Scotiabank increased their target price on shares of Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, May 12th. Wolfe Research raised Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. Finally, UBS Group increased their target price on Williams Companies from $89.00 to $91.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Four equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Williams Companies has a consensus rating of “Buy” and a consensus price target of $82.40.

Williams Companies Price Performance

Shares of NYSE WMB opened at $73.16 on Friday. The stock has a fifty day simple moving average of $73.37 and a two-hundred day simple moving average of $69.27. Williams Companies, Inc. has a 1-year low of $55.82 and a 1-year high of $80.07. The firm has a market cap of $89.37 billion, a price-to-earnings ratio of 32.09, a price-to-earnings-growth ratio of 1.78 and a beta of 0.58. The company has a current ratio of 0.83, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.10. The company had revenue of $3.03 billion during 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 firm’s quarterly revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Analysts anticipate that Williams Companies, Inc. will post 2.44 earnings per share for the current year.

Williams Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Shareholders 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 yield of 2.9%. The ex-dividend date is Friday, June 12th. Williams Companies’s dividend payout ratio (DPR) is presently 92.11%.

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.