Truist Financial Corp Acquires 50,001 Shares of Williams Companies, Inc. (The) $WMB

Truist Financial Corp lifted its stake in Williams Companies, Inc. (The) (NYSE:WMBFree Report) by 2.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,909,009 shares of the pipeline company’s stock after acquiring an additional 50,001 shares during the period. Truist Financial Corp’s holdings in Williams Companies were worth $114,751,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of WMB. Brighton Jones LLC boosted its holdings in Williams Companies by 40.9% in the 4th quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock valued at $740,000 after purchasing an additional 3,969 shares during the period. Sivia Capital Partners LLC grew its position in Williams Companies by 5.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock worth $291,000 after purchasing an additional 242 shares during the last quarter. Treasurer of the State of North Carolina increased its holdings in shares of Williams Companies by 2.1% during the 2nd quarter. Treasurer of the State of North Carolina now owns 568,928 shares of the pipeline company’s stock worth $35,734,000 after purchasing an additional 11,926 shares during the period. Main Street Financial Solutions LLC raised its position in shares of Williams Companies by 3.0% during the second quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company’s stock valued at $644,000 after buying an additional 296 shares during the last quarter. Finally, Ieq Capital LLC raised its position in shares of Williams Companies by 160.1% during the second quarter. Ieq Capital LLC now owns 165,035 shares of the pipeline company’s stock valued at $10,366,000 after buying an additional 101,574 shares during the last quarter. Institutional investors own 86.44% of the company’s stock.

Insiders Place Their Bets

In related news, CAO Mary A. Hausman sold 10,107 shares of the stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $74.91, for a total transaction of $757,115.37. Following the sale, the chief accounting officer directly owned 17,230 shares in the company, valued at $1,290,699.30. This represents a 36.97% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $76.35, for a total value of $152,700.00. Following the sale, the senior vice president directly owned 287,159 shares of the company’s stock, valued at $21,924,589.65. This represents a 0.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 53,369 shares of company stock valued at $3,932,432 in the last 90 days. Insiders own 0.47% of the company’s stock.

Key Headlines Impacting Williams Companies

Here are the key news stories impacting Williams Companies this week:

Williams Companies Stock Up 0.0%

WMB opened at $75.56 on Tuesday. The firm has a market cap of $92.30 billion, a price-to-earnings ratio of 35.31, a PEG ratio of 1.26 and a beta of 0.61. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.48 and a current ratio of 0.53. The firm’s 50-day simple moving average is $73.14 and its 200-day simple moving average is $65.91. Williams Companies, Inc. has a twelve month low of $55.82 and a twelve month high of $76.87.

Williams Companies (NYSE:WMBGet Free Report) last released its quarterly earnings results on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.10. The firm had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.28 billion. Williams Companies had a net margin of 21.90% and a return on equity of 17.32%. The company’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Equities research analysts anticipate that Williams Companies, Inc. will post 2.42 EPS for the current fiscal year.

Williams Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Friday, June 12th will be issued a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, June 12th. Williams Companies’s payout ratio is presently 98.13%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on WMB. Truist Financial assumed coverage on Williams Companies in a research report on Tuesday, March 24th. They set a “buy” rating and a $84.00 target price on the stock. The Goldman Sachs Group raised Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 price target for the company in a report on Monday, April 20th. Morgan Stanley raised their price objective on Williams Companies from $83.00 to $90.00 and gave the stock an “overweight” rating in a research report on Monday, March 2nd. Jefferies Financial Group lifted their price objective on Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, April 10th. Finally, Royal Bank Of Canada boosted their price objective on Williams Companies from $78.00 to $82.00 and gave the company an “outperform” rating in a research report on Monday, April 6th. Four equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $78.60.

View Our Latest Analysis on WMB

Williams Companies Profile

(Free Report)

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.

Featured Stories

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Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

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