Revolve Wealth Partners LLC Has $972,000 Stock Position in Williams Companies, Inc. (The) $WMB

Revolve Wealth Partners LLC increased its stake in shares of Williams Companies, Inc. (The) (NYSE:WMBFree Report) by 332.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,069 shares of the pipeline company’s stock after purchasing an additional 10,050 shares during the period. Revolve Wealth Partners LLC’s holdings in Williams Companies were worth $972,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Brighton Jones LLC boosted its holdings in Williams Companies by 40.9% during the fourth quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock worth $740,000 after buying an additional 3,969 shares during the last quarter. Sivia Capital Partners LLC increased its stake in shares of Williams Companies by 5.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock valued at $291,000 after acquiring an additional 242 shares during the last quarter. Treasurer of the State of North Carolina increased its stake in shares of Williams Companies by 2.1% in the 2nd quarter. Treasurer of the State of North Carolina now owns 568,928 shares of the pipeline company’s stock valued at $35,734,000 after acquiring an additional 11,926 shares during the last quarter. Main Street Financial Solutions LLC raised its position in shares of Williams Companies by 3.0% in the 2nd quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company’s stock valued at $644,000 after acquiring an additional 296 shares during the period. Finally, Ieq Capital LLC raised its position in shares of Williams Companies by 160.1% in the 2nd quarter. Ieq Capital LLC now owns 165,035 shares of the pipeline company’s stock valued at $10,366,000 after acquiring an additional 101,574 shares during the period. Institutional investors own 86.44% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on WMB. Barclays boosted their price objective on shares of Williams Companies from $73.00 to $75.00 and gave the company an “equal weight” rating in a report on Wednesday, July 8th. Scotiabank increased their target price on shares of Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a report on Tuesday, May 12th. Morgan Stanley lifted their price target on shares of Williams Companies from $98.00 to $99.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. JPMorgan Chase & Co. upped their price objective on shares of Williams Companies from $88.00 to $89.00 and gave the company an “overweight” rating in a research report on Wednesday, July 1st. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Williams Companies in a research note on Wednesday, June 24th. Four equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $83.88.

Get Our Latest Stock Report on WMB

Insider Activity

In related news, COO Larry C. Larsen sold 12,000 shares of the stock in a transaction 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 sale, the chief operating officer owned 98,219 shares in the company, valued at approximately $7,511,789.12. This represents a 10.89% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $70.65, for a total value of $141,300.00. Following the sale, the senior vice president directly owned 281,159 shares of the company’s stock, valued at $19,863,883.35. This represents a 0.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 18,500 shares of company stock valued at $1,402,755 over the last three months. Insiders own 0.47% of the company’s stock.

Williams Companies Stock Up 1.8%

Williams Companies stock opened at $71.70 on Tuesday. The firm has a market capitalization of $87.70 billion, a PE ratio of 28.57, a P/E/G ratio of 1.76 and a beta of 0.59. The company’s 50-day moving average is $73.13 and its 200-day moving average is $72.69. Williams Companies, Inc. has a fifty-two week low of $55.82 and a fifty-two week high of $80.07. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.48 and a quick ratio of 0.43.

Williams Companies (NYSE:WMBGet Free Report) last issued its earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.50. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The business had revenue of $3.05 billion during the quarter, compared to the consensus estimate of $2.83 billion. During the same period last year, the business posted $0.46 EPS. Williams Companies’s revenue was up 9.8% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Sell-side analysts anticipate that Williams Companies, Inc. will post 2.3 earnings per share for the current year.

Williams Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, September 11th will be given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, September 11th. Williams Companies’s dividend payout ratio (DPR) is presently 83.67%.

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.

See Also

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Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

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