Havemeyer Place LP bought a new position in Williams Companies, Inc. (The) (NYSE:WMB – Free Report) during the fourth quarter, Holdings Channel reports. The fund bought 22,951 shares of the pipeline company’s stock, valued at approximately $1,380,000.
Other institutional investors and hedge funds have also modified their holdings of the company. Towne Trust Company N.A grew its holdings in shares of Williams Companies by 60.2% during the fourth quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock valued at $26,000 after buying an additional 162 shares in the last quarter. Clearstead Trust LLC lifted its position in shares of Williams Companies by 62.2% in the fourth quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock worth $29,000 after buying an additional 186 shares during the last quarter. First Command Advisory Services Inc. lifted its position in shares of Williams Companies by 216.8% in the fourth quarter. First Command Advisory Services Inc. now owns 491 shares of the pipeline company’s stock worth $30,000 after buying an additional 336 shares during the last quarter. WHI TRUST Co LLC acquired a new stake in shares of Williams Companies in the fourth quarter worth about $30,000. Finally, Entrust Financial LLC acquired a new position in shares of Williams Companies during the 4th quarter worth about $31,000. Hedge funds and other institutional investors own 86.44% of the company’s stock.
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 stock was sold at an average price of $78.15, for a total transaction of $195,375.00. Following the sale, the senior vice president owned 54,101 shares of the company’s stock, valued at approximately $4,227,993.15. This trade represents a 4.42% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 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 value of $152,700.00. Following the sale, the senior vice president directly owned 287,159 shares in the company, valued at $21,924,589.65. The trade was a 0.69% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 78,762 shares of company stock worth $5,937,632 in the last three months. 0.47% of the stock is owned by insiders.
Analyst Ratings Changes
Get Our Latest Stock Analysis on Williams Companies
Williams Companies Stock Up 0.1%
Shares of WMB opened at $72.00 on Monday. The firm has a market capitalization of $87.95 billion, a price-to-earnings ratio of 31.58, a PEG ratio of 1.76 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 business’s fifty day moving average price is $73.55 and its two-hundred day moving average price is $68.48. Williams Companies, Inc. has a 52 week low of $55.82 and a 52 week high of $80.07.
Williams Companies (NYSE:WMB – Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.10. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The firm had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same period last year, the company earned $0.60 EPS. The business’s quarterly revenue was down .6% compared to the same quarter last year. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, analysts predict that Williams Companies, Inc. will post 2.44 earnings per share for the current year.
Williams Companies Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Friday, June 12th will be given a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Friday, June 12th. Williams Companies’s dividend payout ratio (DPR) is currently 92.11%.
About Williams Companies
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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