Brasada Capital Management LP Has $11.86 Million Position in Williams Companies, Inc. (The) $WMB

Brasada Capital Management LP lowered its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 6.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 195,178 shares of the pipeline company’s stock after selling 13,268 shares during the quarter. Williams Companies accounts for about 2.0% of Brasada Capital Management LP’s portfolio, making the stock its 10th largest position. Brasada Capital Management LP’s holdings in Williams Companies were worth $11,864,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of WMB. Towne Trust Company N.A lifted its position 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 purchasing an additional 162 shares during the last quarter. Clearstead Trust LLC lifted its position in Williams Companies by 62.2% during the fourth quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock valued at $29,000 after purchasing an additional 186 shares during the last quarter. WHI TRUST Co LLC bought a new position in Williams Companies during the fourth quarter valued at $30,000. First Command Advisory Services Inc. lifted its position in Williams Companies by 216.8% during the fourth quarter. First Command Advisory Services Inc. now owns 491 shares of the pipeline company’s stock valued at $30,000 after purchasing an additional 336 shares during the last quarter. Finally, Commonwealth Retirement Investments LLC bought a new position in Williams Companies during the fourth quarter valued at $30,000. Institutional investors own 86.44% of the company’s stock.

Insider Activity

In other news, CFO John Dean Porter sold 50,000 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $75.37, for a total value of $3,768,500.00. Following the completion of the sale, the chief financial officer owned 196,567 shares in the company, valued at approximately $14,815,254.79. This trade represents a 20.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Larry C. Larsen sold 12,000 shares of Williams Companies stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $76.48, for a total transaction of $917,760.00. Following the sale, the chief operating officer 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 68,500 shares of company stock worth $5,177,835 over the last 90 days. Insiders own 0.47% of the company’s stock.

Analyst Upgrades and Downgrades

WMB has been the subject of several research reports. The Goldman Sachs Group upgraded shares of Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 price objective for the company in a research report on Monday, April 20th. Scotiabank increased their price objective on shares of Williams Companies from $85.00 to $86.00 and gave the company a “sector outperform” rating in a research report on Tuesday, May 12th. Jefferies Financial Group increased their price objective on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a research report on Friday, April 10th. TD Cowen increased their price objective on shares of Williams Companies from $81.00 to $87.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Finally, UBS Group raised their target price on shares of Williams Companies from $89.00 to $91.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Four equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Williams Companies has an average rating of “Buy” and an average target price of $82.40.

Williams Companies Price Performance

Williams Companies stock opened at $71.92 on Friday. The firm has a 50-day moving average price of $73.44 and a 200-day moving average price of $68.85. The firm has a market capitalization of $87.86 billion, a PE ratio of 31.54, a price-to-earnings-growth ratio of 1.76 and a beta of 0.58. The company has a current ratio of 0.83, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. Williams Companies, Inc. has a 12-month low of $55.82 and a 12-month high of $80.07.

Williams Companies (NYSE:WMB) last released its earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.10. The firm had revenue of $3.03 billion during the quarter, compared to analyst estimates of $3.28 billion. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The business’s revenue was down .6% on a year-over-year basis. During the same quarter last year, the business earned $0.60 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, equities research analysts forecast that Williams Companies, Inc. will post 2.44 EPS for the current year.

Williams Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Friday, June 12th will be issued 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 92.11%.

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.