Midwest Trust Co Sells 10,290 Shares of Williams Companies, Inc. (The) $WMB

Midwest Trust Co cut its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 1.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 911,109 shares of the pipeline company’s stock after selling 10,290 shares during the quarter. Midwest Trust Co owned approximately 0.07% of Williams Companies worth $67,732,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in WMB. Apella Capital LLC increased its position in Williams Companies by 2.3% during the 2nd quarter. Apella Capital LLC now owns 5,988 shares of the pipeline company’s stock valued at $450,000 after purchasing an additional 134 shares during the period. Mirador Capital Partners LP lifted its position in shares of Williams Companies by 0.9% in the 2nd quarter. Mirador Capital Partners LP now owns 16,153 shares of the pipeline company’s stock worth $1,201,000 after purchasing an additional 140 shares during the period. Aletheian Wealth Advisors LLC lifted its position in shares of Williams Companies by 3.8% in the 2nd quarter. Aletheian Wealth Advisors LLC now owns 3,830 shares of the pipeline company’s stock worth $285,000 after purchasing an additional 140 shares during the period. Mill Creek Capital Advisors LLC boosted its stake in shares of Williams Companies by 2.4% during the fourth quarter. Mill Creek Capital Advisors LLC now owns 6,000 shares of the pipeline company’s stock valued at $361,000 after purchasing an additional 141 shares in the last quarter. Finally, Eagle Bay Advisors LLC increased its holdings in Williams Companies by 5.2% during the second quarter. Eagle Bay Advisors LLC now owns 2,986 shares of the pipeline company’s stock valued at $222,000 after buying an additional 148 shares during the period. 86.44% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently commented on WMB. TD Cowen boosted their price objective on shares of Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Wolfe Research upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. Scotiabank boosted their target price on shares of Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a report on Tuesday, May 12th. Wall Street Zen lowered shares of Williams Companies from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Finally, Citigroup raised their price target on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a report on Friday, May 8th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Williams Companies currently has an average rating of “Buy” and a consensus price target of $85.33.

Insider Buying and Selling at Williams Companies

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $70.65, for a total transaction of $141,300.00. Following the sale, the senior vice president owned 281,159 shares in the company, valued at approximately $19,863,883.35. The trade was a 0.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.47% of the company’s stock.

Williams Companies Stock Performance

Shares of WMB opened at $75.04 on Friday. Williams Companies, Inc. has a 12 month low of $55.82 and a 12 month high of $80.07. The stock has a fifty day moving average price of $73.27 and a 200-day moving average price of $72.90. The company has a current ratio of 0.48, a quick ratio of 0.43 and a debt-to-equity ratio of 1.83. The firm has a market cap of $91.79 billion, a PE ratio of 29.90, a P/E/G ratio of 1.77 and a beta of 0.58.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.50. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The firm had revenue of $3.05 billion during the quarter, compared to analysts’ expectations of $2.83 billion. During the same quarter last year, the firm earned $0.46 EPS. The business’s quarterly revenue was up 9.8% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Equities research analysts predict that Williams Companies, Inc. will post 2.43 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, September 11th will be issued a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, September 11th. Williams Companies’s dividend payout ratio (DPR) is currently 83.67%.

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.