Williams Companies, Inc. (The) $WMB Shares Sold by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC decreased its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 6.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 279,287 shares of the pipeline company’s stock after selling 20,130 shares during the period. Chicago Partners Investment Group LLC’s holdings in Williams Companies were worth $19,857,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of WMB. Towne Trust Company N.A boosted its holdings in Williams Companies by 60.2% in the 4th quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock worth $26,000 after acquiring an additional 162 shares during the period. Motiv8 Investments LLC purchased a new stake in shares of Williams Companies during the fourth quarter valued at approximately $27,000. Clearstead Trust LLC raised its stake in shares of Williams Companies by 62.2% during the fourth quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock valued at $29,000 after purchasing an additional 186 shares during the period. Kemnay Advisory Services Inc. acquired a new position in shares of Williams Companies during the fourth quarter worth $29,000. Finally, First Command Advisory Services Inc. lifted its position in shares of Williams Companies by 216.8% during the fourth quarter. First Command Advisory Services Inc. now owns 491 shares of the pipeline company’s stock worth $30,000 after purchasing an additional 336 shares in the last quarter. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

WMB has been the subject of a number of recent analyst reports. Royal Bank Of Canada raised their price target on shares of Williams Companies from $82.00 to $83.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Canadian Imperial Bank of Commerce boosted their price objective on shares of Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a report on Tuesday, May 26th. Stifel Nicolaus raised their target price on Williams Companies from $78.00 to $83.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Morgan Stanley lifted their target price on Williams Companies from $90.00 to $98.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 20th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Williams Companies in a research note on Wednesday, June 24th. Four research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Williams Companies presently has an average rating of “Buy” and an average target price of $83.50.

Williams Companies Stock Performance

Shares of WMB opened at $75.02 on Monday. The business’s fifty day moving average price is $74.34 and its 200 day moving average price is $70.87. Williams Companies, Inc. has a 12-month low of $55.82 and a 12-month high of $80.07. The stock has a market capitalization of $91.64 billion, a PE ratio of 32.90, a price-to-earnings-growth ratio of 1.84 and a beta of 0.57. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.83 and a quick ratio of 0.76.

Williams Companies (NYSE:WMB) last released its 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 firm had revenue of $3.03 billion during 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 firm’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Equities research analysts forecast that Williams Companies, Inc. will post 2.44 EPS for the current year.

Williams Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Friday, June 12th were given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, June 12th. Williams Companies’s dividend payout ratio is currently 92.11%.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, COO Larry C. Larsen sold 12,000 shares of Williams Companies stock in a transaction that occurred 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 completion of the transaction, the chief operating officer directly owned 98,219 shares in the company, valued at $7,511,789.12. The trade was a 10.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $74.16, for a total value of $148,320.00. Following the transaction, the senior vice president directly owned 283,159 shares of the company’s stock, valued at $20,999,071.44. This trade represents a 0.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 68,500 shares of company stock worth $5,182,655 in the last ninety days. Insiders own 0.47% of the company’s stock.

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.