Trivium Point Advisory LLC Acquires 143,127 Shares of Williams Companies, Inc. (The) $WMB

Trivium Point Advisory LLC raised its holdings in Williams Companies, Inc. (The) (NYSE:WMBFree Report) by 263.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 197,545 shares of the pipeline company’s stock after purchasing an additional 143,127 shares during the period. Williams Companies accounts for about 1.3% of Trivium Point Advisory LLC’s holdings, making the stock its 17th biggest position. Trivium Point Advisory LLC’s holdings in Williams Companies were worth $14,686,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Old West Investment Management LLC purchased a new stake in shares of Williams Companies during the 2nd quarter valued at approximately $572,000. Continuum Advisory LLC boosted its holdings in Williams Companies by 0.7% in the 2nd quarter. Continuum Advisory LLC now owns 56,508 shares of the pipeline company’s stock worth $4,201,000 after buying an additional 373 shares during the period. Argent Trust Co grew its stake in Williams Companies by 1.1% in the 2nd quarter. Argent Trust Co now owns 99,816 shares of the pipeline company’s stock valued at $7,420,000 after buying an additional 1,082 shares in the last quarter. Global Retirement Partners LLC bought a new stake in Williams Companies during the 2nd quarter valued at $4,787,000. Finally, SCS Capital Management LLC raised its holdings in Williams Companies by 17.3% during the 2nd quarter. SCS Capital Management LLC now owns 7,768 shares of the pipeline company’s stock valued at $577,000 after acquiring an additional 1,144 shares during the period. Institutional investors own 86.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on WMB. Canadian Imperial Bank of Commerce raised their price target on Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a report on Tuesday, May 26th. The Goldman Sachs Group reissued a “buy” rating and set a $82.00 price objective on shares of Williams Companies in a report on Tuesday, July 14th. Wells Fargo & Company raised their target price on Williams Companies from $89.00 to $90.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 5th. Morgan Stanley lifted their target price on Williams Companies from $98.00 to $99.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Finally, Wolfe Research upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Three 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 stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $85.33.

Get Our Latest Research Report on WMB

Williams Companies Stock Down 0.2%

Shares of NYSE WMB opened at $75.04 on Monday. The company has a current ratio of 0.48, a quick ratio of 0.43 and a debt-to-equity ratio of 1.83. The business has a 50-day moving average of $73.27 and a 200-day moving average of $72.96. The firm has a market capitalization of $91.79 billion, a price-to-earnings ratio of 29.90, a PEG ratio of 1.58 and a beta of 0.59. Williams Companies, Inc. has a 12 month low of $55.82 and a 12 month high of $80.07.

Williams Companies (NYSE:WMBGet Free Report) last announced its earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.50. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The business had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $2.83 billion. During the same period last year, the firm posted $0.46 earnings per share. Williams Companies’s quarterly revenue was up 9.8% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Sell-side analysts expect that Williams Companies, Inc. will post 2.43 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, September 11th will be issued a $0.525 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.8%. Williams Companies’s dividend payout ratio is presently 83.67%.

Insider Buying and Selling at Williams Companies

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $70.65, for a total transaction of $141,300.00. Following the sale, the senior vice president owned 281,159 shares in the company, valued at approximately $19,863,883.35. This trade represents a 0.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.47% of the company’s stock.

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.

Further Reading

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

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