Diversify Advisory Services LLC Purchases Shares of 49,777 Williams Companies, Inc. (The) $WMB

Diversify Advisory Services LLC acquired a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB) in the 2nd quarter, HoldingsChannel reports. The fund acquired 49,777 shares of the pipeline company’s stock, valued at approximately $3,524,000.

Several other large investors also recently made changes to their positions in the business. Main Street Group LTD purchased a new position in shares of Williams Companies in the 1st quarter valued at $26,000. Motiv8 Investments LLC purchased a new stake in Williams Companies during the 4th quarter worth $27,000. Allied Private Wealth LLC purchased a new stake in Williams Companies during the 2nd quarter worth $28,000. Bayforest Capital Ltd acquired a new stake in Williams Companies in the 2nd quarter valued at $28,000. Finally, Clearstead Trust LLC increased its holdings in Williams Companies by 62.2% in 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. Institutional investors and hedge funds own 86.44% of the company’s stock.

Williams Companies Stock Performance

Williams Companies stock opened at $75.25 on Wednesday. Williams Companies, Inc. has a 12-month low of $55.82 and a 12-month high of $80.07. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.48 and a quick ratio of 0.43. The company has a market capitalization of $92.05 billion, a price-to-earnings ratio of 29.98, a price-to-earnings-growth ratio of 1.58 and a beta of 0.59. The firm’s fifty day moving average price is $73.38 and its 200 day moving average price is $73.07.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.50. The company had revenue of $3.05 billion during the quarter, compared to analysts’ expectations of $2.83 billion. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The firm’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. On average, research analysts forecast that Williams Companies, Inc. will post 2.43 EPS for the current fiscal year.

Williams Companies Announces Dividend

The firm also recently declared 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. The ex-dividend date is Friday, September 11th. This represents a $2.10 annualized dividend and a dividend yield of 2.8%. Williams Companies’s payout ratio is 83.67%.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Wolfe Research upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. TD Cowen increased their target price on Williams Companies from $81.00 to $87.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. UBS Group reiterated a “buy” rating on shares of Williams Companies in a report on Tuesday, July 14th. Canadian Imperial Bank of Commerce boosted their price target on Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a research report on Tuesday, May 26th. Finally, Morgan Stanley upped their price target on Williams Companies from $99.00 to $103.00 and gave the stock an “overweight” rating in a report on Tuesday. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $85.60.

Insider Buying and Selling

In related news, SVP Terrance Lane Wilson sold 13,000 shares of the stock in a transaction dated Friday, August 14th. The stock was 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 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 sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders sold a total of 17,000 shares of company stock valued at $1,262,930 over the last ninety days. Corporate insiders own 0.47% of the company’s stock.

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.