166,496 Shares in Williams Companies, Inc. (The) $WMB Acquired by Moran Wealth Management LLC

Moran Wealth Management LLC acquired a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 166,496 shares of the pipeline company’s stock, valued at approximately $12,118,000.

Several other large investors also recently added to or reduced their stakes in the company. Towne Trust Company N.A boosted its position in shares of 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 buying an additional 162 shares during the period. Motiv8 Investments LLC purchased a new position in shares of Williams Companies during the fourth quarter valued at $27,000. Clearstead Trust LLC raised its position in Williams Companies by 62.2% during the fourth quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock valued at $29,000 after buying an additional 186 shares during the period. Kemnay Advisory Services Inc. acquired a new position in Williams Companies during the fourth quarter valued at $29,000. Finally, WHI TRUST Co LLC purchased a new stake in Williams Companies in the 4th quarter worth about $30,000. 86.44% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Williams Companies

In other news, CFO John Dean Porter sold 50,000 shares of the stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $75.37, for a total transaction of $3,768,500.00. Following the transaction, the chief financial officer owned 196,567 shares in the company, valued at $14,815,254.79. This represents a 20.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Glen G. Jasek sold 2,500 shares of the firm’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $78.15, for a total transaction of $195,375.00. Following 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 position. The SEC filing for this sale provides additional information. Insiders have sold 68,500 shares of company stock valued at $5,182,655 over the last three months. 0.47% of the stock is owned by insiders.

Williams Companies Stock Performance

Shares of WMB stock opened at $73.09 on Friday. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.83 and a quick ratio of 0.76. Williams Companies, Inc. has a fifty-two week low of $55.82 and a fifty-two week high of $80.07. The stock’s 50-day moving average is $74.10 and its two-hundred day moving average is $70.23. The firm has a market cap of $89.28 billion, a P/E ratio of 32.06, a PEG ratio of 1.79 and a beta of 0.57.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm’s revenue was down .6% on a year-over-year basis. During the same period in the previous year, the company earned $0.60 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Analysts predict that Williams Companies, Inc. will post 2.44 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

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

Analysts Set New Price Targets

A number of brokerages have commented on WMB. Stifel Nicolaus raised their price objective on Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Truist Financial initiated coverage on shares of Williams Companies in a research report on Tuesday, March 24th. They issued a “buy” rating and a $84.00 price target for the company. Citigroup increased their price target on shares of Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. UBS Group raised their price target on shares of Williams Companies from $89.00 to $91.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Williams Companies from $88.00 to $89.00 and gave the company an “overweight” rating in a research report on Wednesday. Four equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $82.94.

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.