Sit Investment Associates Inc. boosted its holdings in Williams Companies, Inc. (The) (NYSE:WMB – Free Report) by 16.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 417,479 shares of the pipeline company’s stock after buying an additional 58,193 shares during the quarter. Sit Investment Associates Inc.’s holdings in Williams Companies were worth $25,095,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently modified their holdings of the company. MidFirst Bank bought a new position in shares of Williams Companies in the fourth quarter worth approximately $6,963,000. Walser Wealth Management Company A Ltd Liability Co bought a new stake in Williams Companies during the fourth quarter valued at approximately $468,000. MV Capital Management Inc. bought a new stake in Williams Companies during the fourth quarter valued at approximately $65,000. Cambient Family Office LLC purchased a new position in Williams Companies in the 4th quarter worth approximately $342,000. Finally, Claris Financial LLC bought a new position in shares of Williams Companies in the 4th quarter worth $289,000. Hedge funds and other institutional investors own 86.44% of the company’s stock.
Insider Buying and Selling
In other Williams Companies news, COO Larry C. Larsen sold 12,000 shares of Williams Companies stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $76.48, for a total value of $917,760.00. Following the transaction, the chief operating officer directly owned 98,219 shares of the company’s stock, valued at $7,511,789.12. The trade was a 10.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Glen G. Jasek sold 2,500 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $78.15, for a total value of $195,375.00. Following the completion of the sale, the senior vice president owned 54,101 shares of the company’s stock, valued at $4,227,993.15. The trade was a 4.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 68,500 shares of company stock valued at $5,177,835 over the last quarter. Company insiders own 0.47% of the company’s stock.
Analyst Ratings Changes
Read Our Latest Stock Analysis on Williams Companies
Williams Companies Stock Performance
Williams Companies stock opened at $73.16 on Friday. The firm has a fifty day simple moving average of $73.37 and a two-hundred day simple moving average of $69.25. The company has a quick ratio of 0.76, a current ratio of 0.83 and a debt-to-equity ratio of 1.99. Williams Companies, Inc. has a twelve month low of $55.82 and a twelve month high of $80.07. The company has a market capitalization of $89.37 billion, a PE ratio of 32.09, a P/E/G ratio of 1.74 and a beta of 0.58.
Williams Companies (NYSE:WMB – Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The pipeline company reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.10. The firm had revenue of $3.03 billion for 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 company’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period last year, the firm earned $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Research analysts expect that Williams Companies, Inc. will post 2.44 EPS for the current year.
Williams Companies Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Friday, June 12th will be given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, June 12th. Williams Companies’s dividend payout ratio (DPR) is presently 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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