Signet Private Wealth LLC Makes New Investment in Williams Companies, Inc. (The) $WMB

Signet Private Wealth LLC acquired a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 9,013 shares of the pipeline company’s stock, valued at approximately $542,000.

Several other large investors also recently bought and sold shares of the company. Sharpepoint LLC increased its stake in Williams Companies by 10.8% during the 4th quarter. Sharpepoint LLC now owns 31,667 shares of the pipeline company’s stock worth $1,904,000 after buying an additional 3,079 shares in the last quarter. Wellspring Financial Advisors LLC purchased a new stake in Williams Companies during the 4th quarter worth approximately $594,000. Illinois Municipal Retirement Fund increased its stake in Williams Companies by 233.5% during the 4th quarter. Illinois Municipal Retirement Fund now owns 55,713 shares of the pipeline company’s stock worth $3,349,000 after buying an additional 39,007 shares in the last quarter. J.Safra Asset Management Corp increased its stake in Williams Companies by 65.9% during the 4th quarter. J.Safra Asset Management Corp now owns 12,725 shares of the pipeline company’s stock worth $765,000 after buying an additional 5,056 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in Williams Companies by 17.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 991,833 shares of the pipeline company’s stock worth $59,619,000 after buying an additional 143,993 shares in the last quarter. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Williams Companies

In related news, CFO John Dean Porter sold 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $75.37, for a total value of $3,768,500.00. Following the transaction, the chief financial officer directly owned 196,567 shares in the company, valued at approximately $14,815,254.79. This represents a 20.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Glen G. Jasek sold 2,500 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $78.15, for a total value of $195,375.00. Following the completion of the transaction, the senior vice president owned 54,101 shares in the company, valued at $4,227,993.15. This represents a 4.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 71,398 shares of company stock valued at $5,389,824 in the last ninety days. 0.47% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research firms have commented on WMB. Morgan Stanley boosted their price objective on Williams Companies from $90.00 to $98.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 20th. Wolfe Research upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. TD Cowen upped their price target on Williams Companies from $81.00 to $87.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Wall Street Zen upgraded Williams Companies from a “sell” rating to a “hold” rating in a research report on Sunday, April 5th. Finally, Canadian Imperial Bank of Commerce upped their price target on Williams Companies from $83.00 to $85.00 and gave the company an “outperformer” rating in a research report on Tuesday, May 26th. Four analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $82.40.

Williams Companies Price Performance

WMB stock opened at $72.34 on Thursday. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.83 and a quick ratio of 0.76. The business has a 50 day simple moving average of $73.46 and a 200-day simple moving average of $68.75. The firm has a market capitalization of $88.37 billion, a PE ratio of 31.73, a price-to-earnings-growth ratio of 1.75 and a beta of 0.58. Williams Companies, Inc. has a 1 year low of $55.82 and a 1 year high of $80.07.

Williams Companies (NYSE:WMB) last posted its quarterly earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.10. The business had revenue of $3.03 billion during the quarter, compared to analyst estimates of $3.28 billion. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The business’s revenue was down .6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Equities research analysts anticipate that Williams Companies, Inc. will post 2.44 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Friday, June 12th will be issued a $0.525 dividend. The ex-dividend date is Friday, June 12th. This represents a $2.10 dividend on an annualized basis and a yield of 2.9%. Williams Companies’s dividend payout ratio is currently 92.11%.

About Williams Companies

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.