Williams Companies, Inc. (The) $WMB Shares Sold by Annex Advisory Services LLC

Annex Advisory Services LLC reduced its position in Williams Companies, Inc. (The) (NYSE:WMB) by 9.6% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 129,078 shares of the pipeline company’s stock after selling 13,630 shares during the period. Annex Advisory Services LLC’s holdings in Williams Companies were worth $9,596,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC raised its position in shares of Williams Companies by 40.9% during the 4th quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock valued at $740,000 after acquiring an additional 3,969 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in Williams Companies by 5.5% during the second 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 boosted its holdings in Williams Companies by 2.1% in the second 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 boosted its holdings in Williams Companies by 3.0% in the second quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company’s stock worth $644,000 after purchasing an additional 296 shares during the period. Finally, Ieq Capital LLC increased its stake in 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 purchasing an additional 101,574 shares during the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Insider Activity at Williams Companies

In other Williams Companies news, COO Larry C. Larsen sold 12,000 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $76.48, for a total transaction of $917,760.00. Following the completion of the transaction, the chief operating officer directly owned 98,219 shares of the company’s stock, valued at $7,511,789.12. The trade was a 10.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $70.65, for a total transaction of $141,300.00. Following the completion of the transaction, the senior vice president owned 281,159 shares of the company’s stock, valued at approximately $19,863,883.35. This trade represents a 0.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 18,500 shares of company stock worth $1,402,755 in the last ninety days. 0.47% of the stock is owned by insiders.

Williams Companies Price Performance

Shares of WMB opened at $72.21 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 stock has a fifty day moving average price of $73.15 and a 200 day moving average price of $72.75. The company has a market cap of $88.33 billion, a P/E ratio of 28.77, a PEG ratio of 1.69 and a beta of 0.58.

Williams Companies (NYSE:WMB) last posted its earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share (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 company had revenue of $3.05 billion for the quarter, compared to analysts’ expectations of $2.83 billion. During the same period last year, the business posted $0.46 earnings per share. The firm’s quarterly revenue 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. On average, research analysts forecast that Williams Companies, Inc. will post 2.44 earnings per share for the current year.

Williams Companies Dividend Announcement

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 given a $0.525 dividend. The ex-dividend date is Friday, September 11th. This represents a $2.10 annualized dividend and a yield of 2.9%. Williams Companies’s dividend payout ratio (DPR) is currently 83.67%.

Analysts Set New Price Targets

WMB has been the topic of a number of research reports. Jefferies Financial Group dropped their target price on shares of Williams Companies from $87.00 to $85.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. Royal Bank Of Canada lifted their price target on shares of Williams Companies from $83.00 to $87.00 and gave the company an “outperform” rating in a report on Monday. Morgan Stanley boosted their price objective on shares of Williams Companies from $98.00 to $99.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Wall Street Zen lowered shares of Williams Companies from a “hold” rating to a “sell” rating in a research note on Saturday. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $82.00 target price on shares of Williams Companies in a report on Tuesday, July 14th. Four equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $83.88.

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.