Harvest Investment Advisors LLC Buys New Position in Williams Companies, Inc. (The) $WMB

Harvest Investment Advisors LLC bought a new stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 38,360 shares of the pipeline company’s stock, valued at approximately $2,306,000. Williams Companies accounts for approximately 1.3% of Harvest Investment Advisors LLC’s investment portfolio, making the stock its 19th biggest holding.

Several other hedge funds have also recently added to or reduced their stakes in the business. Norges Bank bought a new stake in shares of Williams Companies during the fourth quarter valued at approximately $747,749,000. BROOKFIELD Corp ON increased its position in shares of Williams Companies by 190.3% during the second quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock valued at $755,490,000 after purchasing an additional 7,884,730 shares during the period. Wellington Management Group LLP increased its position in shares of Williams Companies by 15.9% during the third quarter. Wellington Management Group LLP now owns 48,586,299 shares of the pipeline company’s stock valued at $3,077,942,000 after purchasing an additional 6,668,950 shares during the period. Clearbridge Investments LLC raised its holdings in shares of Williams Companies by 21.3% in the 4th quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company’s stock worth $1,281,875,000 after buying an additional 3,748,126 shares in the last quarter. Finally, SG Americas Securities LLC raised its holdings in shares of Williams Companies by 4,992.2% in the 4th quarter. SG Americas Securities LLC now owns 3,704,739 shares of the pipeline company’s stock worth $222,692,000 after buying an additional 3,631,986 shares in the last quarter. Institutional investors own 86.44% of the company’s stock.

Analyst Upgrades and Downgrades

WMB has been the subject of a number of recent research reports. Citigroup increased their target price on Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Truist Financial initiated coverage on Williams Companies in a report on Tuesday, March 24th. They issued a “buy” rating and a $84.00 target price for the company. Stifel Nicolaus increased their target price on Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. The Goldman Sachs Group raised Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 target price for the company in a report on Monday, April 20th. Finally, Wells Fargo & Company increased their target price on Williams Companies from $80.00 to $89.00 and gave the stock an “overweight” rating in a report on Friday, March 13th. Four equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $82.40.

Williams Companies Stock Down 0.2%

Shares of WMB opened at $71.36 on Wednesday. The firm has a market capitalization of $87.17 billion, a price-to-earnings ratio of 31.30, a PEG ratio of 1.74 and a beta of 0.58. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.83. The business’s fifty day moving average price is $73.41 and its two-hundred day moving average price is $69.08. Williams Companies, Inc. has a 52 week low of $55.82 and a 52 week high of $80.07.

Williams Companies (NYSE:WMB) last posted its quarterly earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share (EPS) for the quarter, topping 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 business had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same period last year, the company earned $0.60 EPS. The firm’s 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, analysts predict that Williams Companies, Inc. will post 2.44 earnings per share for the current year.

Williams Companies Announces Dividend

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

Insiders Place Their Bets

In other Williams Companies news, SVP Glen G. Jasek sold 2,500 shares of Williams Companies 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 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 position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $76.35, for a total value of $152,700.00. Following the completion of the sale, the senior vice president directly owned 287,159 shares in the company, valued at $21,924,589.65. This represents a 0.69% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 68,500 shares of company stock valued at $5,177,835. Insiders own 0.47% of the company’s stock.

About Williams Companies

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.