Trivium Point Advisory LLC Acquires 10,424 Shares of Williams Companies, Inc. (The) $WMB

Trivium Point Advisory LLC lifted its holdings in Williams Companies, Inc. (The) (NYSE:WMBFree Report) by 6.3% in the 4th quarter, Holdings Channel reports. The firm owned 176,525 shares of the pipeline company’s stock after acquiring an additional 10,424 shares during the period. Williams Companies accounts for 1.1% of Trivium Point Advisory LLC’s portfolio, making the stock its 19th biggest holding. Trivium Point Advisory LLC’s holdings in Williams Companies were worth $10,611,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of WMB. BROOKFIELD Corp ON raised its position in Williams Companies by 190.3% in the 2nd quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock worth $755,490,000 after buying an additional 7,884,730 shares during the last quarter. Wellington Management Group LLP boosted its holdings in shares of Williams Companies by 15.9% during the 3rd quarter. Wellington Management Group LLP now owns 48,586,299 shares of the pipeline company’s stock valued at $3,077,942,000 after acquiring an additional 6,668,950 shares during the last quarter. SG Americas Securities LLC grew its stake in shares of Williams Companies by 4,992.2% in the fourth quarter. SG Americas Securities LLC now owns 3,704,739 shares of the pipeline company’s stock worth $222,692,000 after acquiring an additional 3,631,986 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Williams Companies by 30.4% in the third quarter. Dimensional Fund Advisors LP now owns 9,073,602 shares of the pipeline company’s stock worth $574,856,000 after purchasing an additional 2,116,526 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in Williams Companies by 27.4% in the third quarter. Ameriprise Financial Inc. now owns 7,753,924 shares of the pipeline company’s stock worth $491,225,000 after purchasing an additional 1,668,706 shares during the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on WMB. Royal Bank Of Canada boosted their target price on shares of Williams Companies from $78.00 to $82.00 and gave the company an “outperform” rating in a research note on Monday, April 6th. Zacks Research raised Williams Companies from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 4th. Morgan Stanley upped their price objective on Williams Companies from $83.00 to $90.00 and gave the company an “overweight” rating in a research report on Monday, March 2nd. Scotiabank raised their target price on Williams Companies from $84.00 to $85.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, April 1st. Finally, Citigroup boosted their price target on Williams Companies from $70.00 to $81.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Williams Companies currently has an average rating of “Moderate Buy” and an average price target of $77.47.

Get Our Latest Analysis on WMB

Insider Activity

In other Williams Companies news, SVP Payvand Fazel sold 2,898 shares of the firm’s stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $73.15, for a total transaction of $211,988.70. Following the sale, the senior vice president directly owned 31,766 shares of the company’s stock, valued at $2,323,682.90. This trade represents a 8.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Mary A. Hausman sold 10,107 shares of the business’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $74.91, for a total value of $757,115.37. Following the completion of the transaction, the chief accounting officer owned 17,230 shares in the company, valued at $1,290,699.30. The trade was a 36.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 53,369 shares of company stock worth $3,912,512 in the last quarter. Corporate insiders own 0.47% of the company’s stock.

Williams Companies Stock Up 0.2%

WMB stock opened at $70.88 on Friday. The business’s 50-day moving average price is $72.84 and its 200-day moving average price is $65.27. The stock has a market cap of $86.59 billion, a P/E ratio of 33.12, a PEG ratio of 1.19 and a beta of 0.63. The company has a quick ratio of 0.48, a current ratio of 0.53 and a debt-to-equity ratio of 1.83. Williams Companies, Inc. has a twelve month low of $55.56 and a twelve month high of $76.87.

Williams Companies (NYSE:WMBGet Free Report) last released its earnings results on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.02). Williams Companies had a return on equity of 17.32% and a net margin of 21.90%.The firm had revenue of $3.20 billion during the quarter, compared to analysts’ expectations of $3.10 billion. During the same period in the prior year, the company posted $0.47 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, equities research analysts forecast that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Friday, March 13th were given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Friday, March 13th. This is a positive change from Williams Companies’s previous quarterly dividend of $0.50. Williams Companies’s payout ratio is 98.13%.

About Williams Companies

(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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