Centaurus Financial Inc. Acquires New Position in Williams Companies, Inc. (The) $WMB

Centaurus Financial Inc. acquired a new stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) in the 2nd quarter, HoldingsChannel reports. The firm acquired 11,691 shares of the pipeline company’s stock, valued at approximately $869,000.

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

Williams Companies Price Performance

Williams Companies stock opened at $73.75 on Friday. The stock has a 50-day moving average price of $73.46 and a two-hundred day moving average price of $73.33. Williams Companies, Inc. has a 12 month low of $56.08 and a 12 month high of $80.07. The company has a market capitalization of $90.21 billion, a PE ratio of 29.38, a P/E/G ratio of 1.54 and a beta of 0.58. The company has a current ratio of 0.48, a quick ratio of 0.43 and a debt-to-equity ratio of 1.83.

Williams Companies (NYSE:WMB) last released its quarterly earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, hitting the consensus estimate of $0.50. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The company had revenue of $3.05 billion for the quarter, compared to analysts’ expectations of $2.83 billion. During the same period in the previous year, the business posted $0.46 earnings per share. The business’s quarterly revenue was up 9.8% compared to the same quarter last year. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Analysts expect that Williams Companies, Inc. will post 2.45 EPS for the current year.

Williams Companies Dividend Announcement

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

Insiders Place Their Bets

In other Williams Companies news, SVP Terrance Lane Wilson sold 13,000 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $74.87, for a total value of $973,310.00. Following the completion of the transaction, the senior vice president directly owned 268,159 shares in the company, valued at approximately $20,077,064.33. This represents a 4.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last 90 days, insiders have sold 17,000 shares of company stock worth $1,262,930. Insiders own 0.47% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the company. TD Cowen boosted their target price on Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. JPMorgan Chase & Co. lifted their price target on shares of Williams Companies from $88.00 to $89.00 and gave the company an “overweight” rating in a report on Wednesday, July 1st. Barclays upped their price objective 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 increased their price objective on shares of Williams Companies from $83.00 to $87.00 and gave the company an “outperform” rating in a research note on Monday, August 10th. Finally, Stifel Nicolaus raised their target price on shares of Williams Companies from $78.00 to $83.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $85.60.

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.