Benjamin Edwards Inc. Sells 7,814 Shares of Williams Companies, Inc. (The) $WMB

Benjamin Edwards Inc. decreased its position in Williams Companies, Inc. (The) (NYSE:WMB) by 5.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 125,178 shares of the pipeline company’s stock after selling 7,814 shares during the period. Benjamin Edwards Inc.’s holdings in Williams Companies were worth $9,306,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Main Street Group LTD bought a new stake in shares of Williams Companies in the first quarter valued at about $26,000. Allied Private Wealth LLC acquired a new stake in shares of Williams Companies in the 2nd quarter valued at approximately $28,000. Bayforest Capital Ltd bought a new position in shares of Williams Companies in the 2nd quarter valued at about $28,000. Frazier Financial Advisors LLC increased its position in Williams Companies by 59.4% during the first quarter. Frazier Financial Advisors LLC now owns 416 shares of the pipeline company’s stock worth $30,000 after buying an additional 155 shares during the last quarter. Finally, Motiv8 Investments LLC acquired a new stake in Williams Companies during the 4th quarter valued at $27,000. Institutional investors own 86.44% of the company’s stock.

Williams Companies Stock Performance

NYSE:WMB opened at $73.75 on Monday. The company has a market cap of $90.21 billion, a price-to-earnings ratio of 29.38, a PEG ratio of 1.54 and a beta of 0.59. Williams Companies, Inc. has a fifty-two week low of $56.08 and a fifty-two week high of $80.07. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48. The stock has a fifty day moving average price of $73.46 and a 200-day moving average price of $73.37.

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 analysts’ consensus estimates of $0.50. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The business had revenue of $3.05 billion during the quarter, compared to the consensus estimate of $2.83 billion. During the same quarter in the previous year, the firm earned $0.46 earnings per share. Williams Companies’s revenue for the quarter 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. As a group, equities analysts anticipate that Williams Companies, Inc. will post 2.45 EPS for the current fiscal year.

Williams Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Investors 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 of this dividend is Friday, September 11th. Williams Companies’s dividend payout ratio (DPR) is 83.67%.

Analyst Upgrades and Downgrades

WMB has been the subject of several research analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Williams Companies in a report on Wednesday, June 24th. Scotiabank raised their price objective on shares of Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, May 12th. Barclays upped their target price on Williams Companies from $73.00 to $75.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 8th. JPMorgan Chase & Co. boosted their price target on Williams Companies from $88.00 to $89.00 and gave the company an “overweight” rating in a research note on Wednesday, July 1st. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $82.00 price objective on shares of Williams Companies in a research report on Tuesday, July 14th. Three investment 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 company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $85.60.

Insider Buying and Selling

In other Williams Companies news, SVP Terrance Lane Wilson sold 13,000 shares of the company’s stock in a transaction 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 sale, the senior vice president directly owned 268,159 shares in the company, valued at $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 is available at the SEC website. Insiders have sold 17,000 shares of company stock worth $1,262,930 in the last three months. 0.47% of the stock is owned by insiders.

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.