Vise Technologies Inc. Acquires 15,191 Shares of Williams Companies, Inc. (The) $WMB

Vise Technologies Inc. raised its holdings in Williams Companies, Inc. (The) (NYSE:WMBFree Report) by 48.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 46,418 shares of the pipeline company’s stock after acquiring an additional 15,191 shares during the quarter. Vise Technologies Inc.’s holdings in Williams Companies were worth $2,790,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of WMB. Norges Bank bought a new position in Williams Companies in the fourth quarter valued at approximately $747,749,000. BROOKFIELD Corp ON boosted its stake in Williams Companies by 190.3% in the second quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock valued at $755,490,000 after acquiring an additional 7,884,730 shares during the last quarter. Wellington Management Group LLP boosted its stake in Williams Companies by 15.9% in the third 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 boosted its stake in 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 valued at $222,692,000 after acquiring an additional 3,631,986 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake 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 valued at $574,856,000 after acquiring an additional 2,116,526 shares during the last quarter. 86.44% of the stock is owned by institutional investors.

Insider Buying and Selling at Williams Companies

In related news, SVP Glen G. Jasek sold 2,500 shares of the firm’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 sale, the senior vice president directly owned 54,101 shares in the company, valued at $4,227,993.15. This trade represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $76.35, for a total transaction of $152,700.00. Following the sale, the senior vice president owned 287,159 shares in the company, valued at approximately $21,924,589.65. The trade was a 0.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 78,762 shares of company stock valued at $5,937,632 over the last quarter. 0.47% of the stock is currently owned by corporate insiders.

Williams Companies Trading Down 0.6%

WMB opened at $72.00 on Friday. The firm’s fifty day moving average is $73.55 and its two-hundred day moving average is $68.42. 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 has a market cap of $87.95 billion, a PE ratio of 31.58, a price-to-earnings-growth ratio of 1.76 and a beta of 0.58. Williams Companies, Inc. has a twelve month low of $55.82 and a twelve month high of $80.07.

Williams Companies (NYSE:WMBGet Free Report) last posted its earnings results 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 company had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.28 billion. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The business’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period last year, the business posted $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Equities research analysts anticipate that Williams Companies, Inc. will post 2.44 EPS for the current year.

Williams Companies Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Stifel Nicolaus raised their price objective on shares of Williams Companies from $78.00 to $83.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. TD Cowen raised their price objective on shares of Williams Companies from $81.00 to $87.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Truist Financial began coverage on shares of Williams Companies in a report on Tuesday, March 24th. They issued a “buy” rating and a $84.00 target price on the stock. Wells Fargo & Company increased their target price on shares of Williams Companies from $80.00 to $89.00 and gave the stock an “overweight” rating in a report on Friday, March 13th. Finally, UBS Group increased their target price on shares of Williams Companies from $89.00 to $91.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. 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 stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $82.40.

View Our Latest Stock Analysis on Williams Companies

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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