Severin Investments LLC Buys New Shares in Williams Companies, Inc. (The) $WMB

Severin Investments LLC purchased a new position in Williams Companies, Inc. (The) (NYSE:WMBFree Report) in the 1st quarter, Holdings Channel.com reports. The fund purchased 11,089 shares of the pipeline company’s stock, valued at approximately $807,000.

Several other institutional investors have also added to or reduced their stakes in WMB. Mill Creek Capital Advisors LLC grew its stake in shares of Williams Companies by 2.4% during the fourth quarter. Mill Creek Capital Advisors LLC now owns 6,000 shares of the pipeline company’s stock valued at $361,000 after buying an additional 141 shares during the last quarter. UMB Bank n.a. lifted its stake in shares of Williams Companies by 1.0% in the 4th quarter. UMB Bank n.a. now owns 15,309 shares of the pipeline company’s stock valued at $920,000 after acquiring an additional 148 shares during the last quarter. Parallel Advisors LLC lifted its stake in shares of Williams Companies by 1.2% in the 4th quarter. Parallel Advisors LLC now owns 12,646 shares of the pipeline company’s stock valued at $760,000 after acquiring an additional 149 shares during the last quarter. Great Diamond Partners LLC boosted its holdings in Williams Companies by 0.4% during the 4th quarter. Great Diamond Partners LLC now owns 34,870 shares of the pipeline company’s stock valued at $2,096,000 after acquiring an additional 150 shares during the period. Finally, Betterment LLC grew its position in Williams Companies by 3.3% during the 4th quarter. Betterment LLC now owns 4,766 shares of the pipeline company’s stock worth $286,000 after acquiring an additional 154 shares during the last quarter. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Williams Companies News Roundup

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

Williams Companies Stock Down 0.9%

Shares of NYSE:WMB opened at $74.39 on Wednesday. The stock’s 50-day moving average is $73.97 and its 200 day moving average is $70.03. The company has a market cap of $90.87 billion, a PE ratio of 32.63, a P/E/G ratio of 1.83 and a beta of 0.58. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.83 and a quick ratio of 0.76. Williams Companies, Inc. has a 1 year low of $55.82 and a 1 year high of $80.07.

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

Williams Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Friday, June 12th were paid a $0.525 dividend. The ex-dividend date of this dividend was Friday, June 12th. This represents a $2.10 dividend on an annualized basis and a yield of 2.8%. Williams Companies’s dividend payout ratio (DPR) is presently 92.11%.

Analysts Set New Price Targets

A number of equities analysts have commented on WMB shares. Stifel Nicolaus lifted their price target on Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. The Goldman Sachs Group raised Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 price objective for the company in a research note on Monday, April 20th. Wall Street Zen raised shares of Williams Companies from a “sell” rating to a “hold” rating in a research note on Sunday, April 5th. Royal Bank Of Canada lifted their target price on shares of Williams Companies from $82.00 to $83.00 and gave the stock an “outperform” rating in a research note on Thursday, May 7th. Finally, Morgan Stanley increased their price target on shares of Williams Companies from $90.00 to $98.00 and gave the company an “overweight” rating in a research report on Wednesday, May 20th. Four equities research 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 presently has a consensus rating of “Buy” and an average price target of $82.40.

Get Our Latest Stock Analysis on Williams Companies

Insiders Place Their Bets

In related news, CFO John Dean Porter sold 50,000 shares of Williams Companies stock in a transaction on 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 sale, the chief financial officer owned 196,567 shares in the company, valued at $14,815,254.79. The trade was a 20.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Glen G. Jasek sold 2,500 shares of the business’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $78.15, for a total transaction of $195,375.00. Following the transaction, the senior vice president directly owned 54,101 shares in the company, valued at approximately $4,227,993.15. The trade was a 4.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 66,500 shares of company stock worth $5,034,335. Insiders own 0.47% of the company’s stock.

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.

Recommended Stories

Want to see what other hedge funds are holding WMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Williams Companies, Inc. (The) (NYSE:WMBFree Report).

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

Receive News & Ratings for Williams Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams Companies and related companies with MarketBeat.com's FREE daily email newsletter.