Militia Capital Management LLC acquired a new stake in shares of Williams Companies, Inc. (The) (NYSE:WMB – Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 38,389 shares of the pipeline company’s stock, valued at approximately $2,794,000.
A number of other large investors also recently modified their holdings of WMB. Main Street Group LTD bought a new position in Williams Companies in the 1st quarter worth $26,000. Frazier Financial Advisors LLC raised its holdings in Williams Companies by 59.4% during the first quarter. Frazier Financial Advisors LLC now owns 416 shares of the pipeline company’s stock valued at $30,000 after acquiring an additional 155 shares during the period. Towne Trust Company N.A raised its holdings in 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 acquiring an additional 162 shares during the period. Motiv8 Investments LLC purchased a new position in shares of Williams Companies in the fourth quarter valued at about $27,000. Finally, Cornerstone Planning Group LLC boosted its stake in shares of Williams Companies by 102.5% in the first quarter. Cornerstone Planning Group LLC now owns 480 shares of the pipeline company’s stock worth $37,000 after acquiring an additional 243 shares during the period. Hedge funds and other institutional investors own 86.44% of the company’s stock.
Insider Transactions at Williams Companies
In related news, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $74.16, for a total value of $148,320.00. Following the sale, the senior vice president owned 283,159 shares in the company, valued at approximately $20,999,071.44. The trade was a 0.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO John Dean Porter sold 50,000 shares of the company’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $75.37, for a total transaction of $3,768,500.00. Following the sale, the chief financial officer directly owned 196,567 shares in the company, valued at approximately $14,815,254.79. The trade was a 20.28% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 68,500 shares of company stock valued at $5,182,655 over the last 90 days. Insiders own 0.47% of the company’s stock.
Williams Companies Stock Up 1.6%
Williams Companies (NYSE:WMB – Get Free Report) last posted its earnings results on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, topping 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 company had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $3.28 billion. During the same period in the previous year, the business earned $0.60 earnings per share. The firm’s revenue for the quarter was down .6% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Analysts forecast that Williams Companies, Inc. will post 2.44 earnings per share for the current fiscal year.
Williams Companies Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Friday, June 12th were issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, June 12th. Williams Companies’s dividend payout ratio is 92.11%.
Analyst Ratings Changes
Several research firms recently issued reports on WMB. Wolfe Research upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Jefferies Financial Group lowered their price target on Williams Companies from $87.00 to $85.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. Stifel Nicolaus upped their price target on Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Canadian Imperial Bank of Commerce increased their price objective on shares of Williams Companies from $83.00 to $85.00 and gave the company an “outperformer” rating in a report on Tuesday, May 26th. Finally, UBS Group reiterated a “buy” rating on shares of Williams Companies in a research report on Tuesday, July 14th. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $83.56.
Get Our Latest Research Report on WMB
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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