Campbell Newman Asset Management Inc. Has $41.70 Million Stock Holdings in Williams Companies, Inc. (The) $WMB

Campbell Newman Asset Management Inc. raised its holdings in Williams Companies, Inc. (The) (NYSE:WMBFree Report) by 64.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 572,943 shares of the pipeline company’s stock after buying an additional 224,487 shares during the quarter. Williams Companies accounts for 3.4% of Campbell Newman Asset Management Inc.’s investment portfolio, making the stock its 10th largest holding. Campbell Newman Asset Management Inc.’s holdings in Williams Companies were worth $41,699,000 as of its most recent SEC filing.

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

Williams Companies Price Performance

Shares of NYSE WMB opened at $73.16 on Monday. Williams Companies, Inc. has a fifty-two week low of $55.82 and a fifty-two week high of $80.07. The stock has a market cap of $89.37 billion, a price-to-earnings ratio of 32.09, a PEG ratio of 1.78 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 firm’s 50-day simple moving average is $73.37 and its 200 day simple moving average is $69.33.

Williams Companies (NYSE:WMBGet Free Report) last issued its quarterly earnings data on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.10. The firm had revenue of $3.03 billion during the quarter, compared to analyst estimates of $3.28 billion. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The company’s revenue for the quarter was down .6% on a year-over-year basis. During the same period in the previous year, the company posted $0.60 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, research analysts anticipate that Williams Companies, Inc. will post 2.44 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

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

Insider Buying and Selling

In other Williams Companies news, COO Larry C. Larsen sold 12,000 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $76.48, for a total transaction of $917,760.00. Following the transaction, the chief operating officer directly owned 98,219 shares in the company, valued at approximately $7,511,789.12. This trade represents a 10.89% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through 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 transaction, the senior vice president owned 287,159 shares in the company, valued at approximately $21,924,589.65. This trade represents a 0.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 68,500 shares of company stock worth $5,177,835 in the last ninety days. Corporate insiders own 0.47% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on WMB shares. UBS Group boosted 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. Morgan Stanley raised their price objective on Williams Companies from $90.00 to $98.00 and gave the company an “overweight” rating in a research note on Wednesday, May 20th. Stifel Nicolaus upped their target price on Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Canadian Imperial Bank of Commerce increased their target price on Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a report on Tuesday, May 26th. Finally, Citigroup lifted their price target on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Four 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’s stock. According to MarketBeat, Williams Companies presently has a consensus rating of “Buy” and an average price target of $82.40.

Check Out Our Latest Analysis on Williams Companies

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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