Canada Post Corp Registered Pension Plan Has $3.18 Million Stock Position in Williams Companies, Inc. (The) $WMB

Canada Post Corp Registered Pension Plan boosted its position in Williams Companies, Inc. (The) (NYSE:WMBFree Report) by 14.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 52,843 shares of the pipeline company’s stock after purchasing an additional 6,480 shares during the period. Canada Post Corp Registered Pension Plan’s holdings in Williams Companies were worth $3,176,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. grew its position in Williams Companies by 3.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,540,556 shares of the pipeline company’s stock worth $287,644,000 after purchasing an additional 134,777 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its position in Williams Companies by 9.5% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 184,123 shares of the pipeline company’s stock worth $11,664,000 after purchasing an additional 16,027 shares during the period. Fort Washington Investment Advisors Inc. OH acquired a new stake in Williams Companies during the 4th quarter worth about $4,627,000. Compass Wealth Management LLC grew its position in Williams Companies by 75.9% during the 3rd quarter. Compass Wealth Management LLC now owns 125,290 shares of the pipeline company’s stock worth $7,937,000 after purchasing an additional 54,057 shares during the period. Finally, Atlantic Union Bankshares Corp grew its position in Williams Companies by 3,344.8% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 17,465 shares of the pipeline company’s stock worth $1,106,000 after purchasing an additional 16,958 shares during the period. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Williams Companies in a research report on Friday, March 27th. Royal Bank Of Canada raised their target price on Williams Companies from $82.00 to $83.00 and gave the company an “outperform” rating in a research report on Thursday, May 7th. Wolfe Research upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Wall Street Zen upgraded Williams Companies from a “sell” rating to a “hold” rating in a research report on Sunday, April 5th. Finally, UBS Group raised their target price on Williams Companies from $89.00 to $91.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Four analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $80.47.

View Our Latest Stock Report on WMB

Insider Transactions at Williams Companies

In related news, CFO John Dean Porter sold 50,000 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $75.37, for a total value of $3,768,500.00. Following the transaction, the chief financial officer directly owned 196,567 shares of the company’s stock, valued at approximately $14,815,254.79. This trade represents a 20.28% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Todd J. Rinke sold 7,364 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $74.39, for a total transaction of $547,807.96. Following the completion of the transaction, the senior vice president directly owned 26,055 shares in the company, valued at $1,938,231.45. This represents a 22.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 115,369 shares of company stock worth $8,618,692 in the last three months. 0.47% of the stock is owned by corporate insiders.

Trending Headlines about Williams Companies

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Williams Companies Price Performance

NYSE:WMB opened at $77.77 on Monday. Williams Companies, Inc. has a 52 week low of $55.82 and a 52 week high of $78.24. The company has a quick ratio of 0.76, a current ratio of 0.83 and a debt-to-equity ratio of 1.99. The stock has a market capitalization of $95.00 billion, a PE ratio of 34.11, a price-to-earnings-growth ratio of 1.32 and a beta of 0.61. The stock’s 50-day moving average price is $73.23 and its 200-day moving average price is $66.79.

Williams Companies (NYSE:WMBGet Free Report) last issued its quarterly earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share 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 23.39% and a return on equity of 18.34%. Williams Companies’s quarterly revenue was down .6% compared to the same quarter last year. During the same period last year, the company posted $0.60 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, equities analysts expect that Williams Companies, Inc. will post 2.37 EPS for the current fiscal year.

Williams Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Friday, June 12th will be paid a $0.525 dividend. The ex-dividend date of this dividend is Friday, June 12th. This represents a $2.10 dividend on an annualized basis and a yield of 2.7%. Williams Companies’s dividend payout ratio (DPR) is currently 92.11%.

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.

Further Reading

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

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