TD Private Client Wealth LLC Sells 22,045 Shares of Williams Companies, Inc. (The) $WMB

TD Private Client Wealth LLC decreased its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMBFree Report) by 90.7% in the fourth quarter, Holdings Channel reports. The firm owned 2,253 shares of the pipeline company’s stock after selling 22,045 shares during the quarter. TD Private Client Wealth LLC’s holdings in Williams Companies were worth $135,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. TD Waterhouse Canada Inc. lifted its stake in Williams Companies by 0.6% during the fourth quarter. TD Waterhouse Canada Inc. now owns 24,611 shares of the pipeline company’s stock worth $1,479,000 after purchasing an additional 158 shares during the period. Towne Trust Company N.A lifted its stake in Williams Companies by 60.2% during the fourth quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock worth $26,000 after purchasing an additional 162 shares during the period. Courier Capital LLC lifted its stake in Williams Companies by 0.3% during the fourth quarter. Courier Capital LLC now owns 47,466 shares of the pipeline company’s stock worth $2,853,000 after purchasing an additional 162 shares during the period. LRI Investments LLC lifted its stake in Williams Companies by 8.8% during the third quarter. LRI Investments LLC now owns 2,169 shares of the pipeline company’s stock worth $137,000 after purchasing an additional 176 shares during the period. Finally, Bryn Mawr Trust Advisors LLC lifted its stake in Williams Companies by 4.5% during the fourth quarter. Bryn Mawr Trust Advisors LLC now owns 4,264 shares of the pipeline company’s stock worth $256,000 after purchasing an additional 184 shares during the period. Institutional investors own 86.44% of the company’s stock.

Williams Companies Stock Performance

NYSE:WMB opened at $78.41 on Friday. Williams Companies, Inc. has a 1 year low of $55.82 and a 1 year high of $80.07. The firm has a 50 day moving average of $73.64 and a 200-day moving average of $67.45. The company has a current ratio of 0.83, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. The stock has a market capitalization of $95.78 billion, a P/E ratio of 34.39, a price-to-earnings-growth ratio of 1.30 and a beta of 0.61.

Williams Companies (NYSE:WMBGet Free Report) last posted its earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.10. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The company had revenue of $3.03 billion during the quarter, compared to analysts’ expectations of $3.28 billion. During the same quarter in the previous year, the company posted $0.60 earnings per share. Williams Companies’s quarterly revenue was down .6% compared to the same quarter last year. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, sell-side analysts anticipate that Williams Companies, Inc. will post 2.43 EPS for the current fiscal year.

Williams Companies Announces Dividend

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

Insider Buying and Selling

In other news, SVP Todd J. Rinke sold 7,364 shares of Williams Companies stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $74.39, for a total value of $547,807.96. Following the completion of the transaction, the senior vice president owned 26,055 shares in the company, valued at approximately $1,938,231.45. The trade was a 22.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO John Dean Porter sold 50,000 shares of Williams Companies stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $75.37, for a total transaction of $3,768,500.00. Following the completion of the transaction, the chief financial officer owned 196,567 shares of the company’s stock, valued at $14,815,254.79. This trade represents a 20.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 117,869 shares of company stock valued at $8,814,067 in the last ninety days. 0.47% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have commented on WMB. Morgan Stanley raised their price target on shares of Williams Companies from $90.00 to $98.00 and gave the stock an “overweight” rating in a research note on Wednesday. The Goldman Sachs Group upgraded shares of Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 price target for the company in a research note on Monday, April 20th. TD Cowen raised their price target on shares of Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Stifel Nicolaus raised their price target on shares of Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Williams Companies in a research note on Friday, March 27th. Four equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Williams Companies currently has an average rating of “Buy” and an average price target of $81.00.

Get Our Latest Stock Report on WMB

Williams Companies Company 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.

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

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