Hantz Financial Services Inc. lowered its holdings in Williams Companies, Inc. (The) (NYSE:WMB – Free Report) by 5.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 175,072 shares of the pipeline company’s stock after selling 9,506 shares during the period. Hantz Financial Services Inc.’s holdings in Williams Companies were worth $10,524,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Towne Trust Company N.A boosted its stake in Williams Companies by 60.2% in the fourth quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock worth $26,000 after purchasing an additional 162 shares in the last quarter. WHI TRUST Co LLC acquired a new position in Williams Companies in the fourth quarter worth $30,000. Entrust Financial LLC acquired a new position in Williams Companies in the fourth quarter worth $31,000. Financial Life Planners acquired a new position in Williams Companies in the third quarter worth $36,000. Finally, Turning Point Benefit Group Inc. acquired a new position in Williams Companies in the third quarter worth $46,000. Institutional investors and hedge funds own 86.44% of the company’s stock.
Insider Buying and Selling
In other Williams Companies news, CFO John Dean Porter sold 50,000 shares of the stock in a transaction dated 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 completion of the sale, the chief financial officer directly owned 196,567 shares in the company, valued at $14,815,254.79. This represents a 20.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Glen G. Jasek sold 2,500 shares of the stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $78.15, for a total value of $195,375.00. Following the completion of the sale, the senior vice president owned 54,101 shares of the company’s stock, valued at $4,227,993.15. This trade represents a 4.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 117,869 shares of company stock valued at $8,814,067. 0.47% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Analysis on Williams Companies
Williams Companies Trading Down 0.1%
NYSE:WMB opened at $78.41 on Monday. Williams Companies, Inc. has a 1-year low of $55.82 and a 1-year high of $80.07. The business’s 50-day moving average price is $73.64 and its two-hundred day moving average price is $67.51. The company has a current ratio of 0.83, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. The firm has a market capitalization of $95.78 billion, a price-to-earnings ratio of 34.39, a PEG ratio of 1.30 and a beta of 0.61.
Williams Companies (NYSE:WMB – Get Free Report) 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. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The firm had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same quarter in the prior year, the firm posted $0.60 earnings per share. The company’s quarterly revenue was down .6% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, equities analysts expect that Williams Companies, Inc. will post 2.43 earnings per share for the current year.
Williams Companies Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Friday, June 12th will be issued a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Friday, June 12th. Williams Companies’s dividend payout ratio is 92.11%.
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.
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