Transamerica Financial Advisors LLC Takes Position in Williams Companies, Inc. (The) $WMB

Transamerica Financial Advisors LLC purchased a new stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 70,503 shares of the pipeline company’s stock, valued at approximately $5,241,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Main Street Group LTD purchased a new stake in shares of Williams Companies during the first quarter worth about $26,000. Motiv8 Investments LLC purchased a new position in Williams Companies in the fourth quarter valued at about $27,000. Allied Private Wealth LLC purchased a new position in Williams Companies in the second quarter valued at about $28,000. Bayforest Capital Ltd acquired a new stake in Williams Companies during the 2nd quarter valued at approximately $28,000. Finally, Clearstead Trust LLC grew its stake in Williams Companies by 62.2% during the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock valued at $29,000 after purchasing an additional 186 shares in the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Williams Companies

In other news, SVP Terrance Lane Wilson sold 13,000 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $74.87, for a total transaction of $973,310.00. Following the completion of the transaction, the senior vice president directly owned 268,159 shares of the company’s stock, valued at approximately $20,077,064.33. This represents a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 17,000 shares of company stock worth $1,262,930 over the last three months. 0.47% of the stock is currently owned by corporate insiders.

Williams Companies Stock Up 4.6%

Shares of NYSE:WMB opened at $74.33 on Thursday. The stock has a market capitalization of $90.92 billion, a price-to-earnings ratio of 29.61, a price-to-earnings-growth ratio of 1.48 and a beta of 0.58. Williams Companies, Inc. has a 1-year low of $56.08 and a 1-year high of $80.07. The company’s fifty day moving average is $73.42 and its two-hundred day moving average is $73.28. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48.

Williams Companies (NYSE:WMB) last posted its quarterly earnings results on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, meeting the consensus estimate of $0.50. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The business had revenue of $3.05 billion during the quarter, compared to analyst estimates of $2.83 billion. During the same period in the previous year, the business posted $0.46 EPS. The company’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 analysts anticipate that Williams Companies, Inc. will post 2.45 EPS for the current year.

Williams Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, September 11th will be paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Friday, September 11th. Williams Companies’s payout ratio is presently 83.67%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on WMB shares. UBS Group reaffirmed a “buy” rating on shares of Williams Companies in a research report on Tuesday, July 14th. Barclays raised their price target on shares of Williams Companies from $73.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 8th. Royal Bank Of Canada upped their price target on shares of Williams Companies from $83.00 to $87.00 and gave the company an “outperform” rating in a report on Monday, August 10th. Wells Fargo & Company raised their price objective on shares of Williams Companies from $89.00 to $90.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Finally, Truist Financial boosted their target price on shares of Williams Companies from $84.00 to $88.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of $85.60.

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.