Shrier Wealth Management LLC Acquires New Stake in Williams Companies, Inc. (The) $WMB

Shrier Wealth Management LLC bought a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 71,092 shares of the pipeline company’s stock, valued at approximately $4,273,000. Williams Companies makes up approximately 1.7% of Shrier Wealth Management LLC’s portfolio, making the stock its 13th largest position.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. BROOKFIELD Corp ON increased its holdings in Williams Companies by 190.3% during the 2nd quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock worth $755,490,000 after purchasing an additional 7,884,730 shares during the period. Wellington Management Group LLP raised its position in Williams Companies by 15.9% in the 3rd quarter. Wellington Management Group LLP now owns 48,586,299 shares of the pipeline company’s stock valued at $3,077,942,000 after purchasing an additional 6,668,950 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of Williams Companies by 4,992.2% in the 4th quarter. SG Americas Securities LLC now owns 3,704,739 shares of the pipeline company’s stock valued at $222,692,000 after buying an additional 3,631,986 shares during the period. Invesco Ltd. boosted its stake in shares of Williams Companies by 27.3% in the 2nd quarter. Invesco Ltd. now owns 14,417,821 shares of the pipeline company’s stock valued at $905,583,000 after buying an additional 3,089,390 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of Williams Companies by 30.4% during the third quarter. Dimensional Fund Advisors LP now owns 9,073,602 shares of the pipeline company’s stock worth $574,856,000 after buying an additional 2,116,526 shares in the last quarter. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Williams Companies Stock Up 0.4%

WMB stock opened at $72.73 on Wednesday. The stock has a market cap of $88.85 billion, a P/E ratio of 33.99, a PEG ratio of 1.25 and a beta of 0.63. The company has a current ratio of 0.53, a quick ratio of 0.48 and a debt-to-equity ratio of 1.83. Williams Companies, Inc. has a twelve month low of $51.58 and a twelve month high of $76.87. The company’s 50 day moving average is $71.36 and its two-hundred day moving average is $64.37.

Williams Companies (NYSE:WMB) last issued its earnings results on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.02). The company had revenue of $3.20 billion during the quarter, compared to analyst estimates of $3.10 billion. Williams Companies had a net margin of 21.90% and a return on equity of 17.32%. During the same quarter in the previous year, the company posted $0.47 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Research analysts expect that Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 30th. Shareholders of record on Friday, March 13th were paid a $0.525 dividend. This is a boost from Williams Companies’s previous quarterly dividend of $0.50. This represents a $2.10 annualized dividend and a yield of 2.9%. The ex-dividend date was Friday, March 13th. Williams Companies’s payout ratio is currently 98.13%.

Insider Transactions at Williams Companies

In related news, SVP Terrance Lane Wilson sold 27,000 shares of the company’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $72.92, for a total value of $1,968,840.00. Following the completion of the sale, the senior vice president directly owned 293,159 shares of the company’s stock, valued at $21,377,154.28. This represents a 8.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Todd J. Rinke sold 7,364 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $74.39, for a total value of $547,807.96. Following the transaction, the senior vice president owned 26,055 shares in the company, valued at $1,938,231.45. This represents a 22.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 51,369 shares of company stock worth $3,769,012. 0.47% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Truist Financial initiated coverage on shares of Williams Companies in a research note on Tuesday, March 24th. They set a “buy” rating and a $84.00 target price on the stock. UBS Group boosted their price target on shares of Williams Companies from $78.00 to $89.00 and gave the stock a “buy” rating in a report on Tuesday, February 17th. Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a research report on Friday. Royal Bank Of Canada raised their price objective on shares of Williams Companies from $75.00 to $78.00 and gave the company an “outperform” rating in a report on Wednesday, February 11th. Finally, Stifel Nicolaus lifted their price objective on shares of Williams Companies from $69.00 to $78.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Three analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $77.00.

Williams Companies Profile

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.