Williams Companies, Inc. (The) $WMB Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC reduced its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 3.4% during the 4th quarter, Holdings Channel reports. The fund owned 2,273,211 shares of the pipeline company’s stock after selling 79,630 shares during the period. Hsbc Holdings PLC’s holdings in Williams Companies were worth $136,580,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Brighton Jones LLC boosted its stake in shares of Williams Companies by 40.9% during the 4th 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 position 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 raised its position in shares of Williams Companies by 2.1% in the second quarter. Treasurer of the State of North Carolina now owns 568,928 shares of the pipeline company’s stock valued at $35,734,000 after buying an additional 11,926 shares during the last quarter. Main Street Financial Solutions LLC lifted its stake in shares of Williams Companies by 3.0% during the second quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company’s stock valued at $644,000 after buying an additional 296 shares during the period. Finally, Ieq Capital LLC lifted its stake in shares of Williams Companies by 160.1% during the second quarter. Ieq Capital LLC now owns 165,035 shares of the pipeline company’s stock valued at $10,366,000 after buying an additional 101,574 shares during the period. Institutional investors and hedge funds own 86.44% of the company’s stock.

Analyst Upgrades and Downgrades

WMB has been the subject of several recent analyst reports. Wells Fargo & Company lifted their target price on shares of Williams Companies from $80.00 to $89.00 and gave the stock an “overweight” rating in a research note on Friday, March 13th. Scotiabank increased their price target on Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, May 12th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Williams Companies in a research report on Friday, March 27th. Truist Financial assumed coverage on Williams Companies in a research report on Tuesday, March 24th. They issued a “buy” rating and a $84.00 price objective for the company. Finally, Stifel Nicolaus increased their target price on Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. 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 company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $82.40.

Insider Transactions at Williams Companies

In related news, COO Larry C. Larsen sold 12,000 shares of Williams Companies stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $76.48, for a total value of $917,760.00. Following the transaction, the chief operating officer owned 98,219 shares in the company, valued at approximately $7,511,789.12. This trade represents a 10.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $76.35, for a total value of $152,700.00. Following the sale, the senior vice president directly owned 287,159 shares of the company’s stock, valued at approximately $21,924,589.65. This trade represents a 0.69% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 68,500 shares of company stock valued at $5,177,835. Corporate insiders own 0.47% of the company’s stock.

Williams Companies Price Performance

Williams Companies stock opened at $73.16 on Monday. Williams Companies, Inc. has a 1 year low of $55.82 and a 1 year high of $80.07. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.83. The firm has a 50 day moving average price of $73.37 and a 200 day moving average price of $69.33. The company has a market cap of $89.37 billion, a price-to-earnings ratio of 32.09, a PEG ratio of 1.78 and a beta of 0.58.

Williams Companies (NYSE:WMB) last posted its quarterly earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.10. The company had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $3.28 billion. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. Williams Companies’s revenue was down .6% on a year-over-year basis. During the same quarter last year, the firm posted $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Sell-side analysts predict that Williams Companies, Inc. will post 2.44 earnings per share for the current year.

Williams Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Friday, June 12th will be issued 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 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.