R.M.SINCERBEAUX Capital Management LLC Has $15.42 Million Holdings in Williams Companies, Inc. (The) $WMB

R.M.SINCERBEAUX Capital Management LLC reduced its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 10.9% in the fourth quarter, Holdings Channel reports. The fund owned 256,523 shares of the pipeline company’s stock after selling 31,360 shares during the quarter. Williams Companies accounts for about 8.6% of R.M.SINCERBEAUX Capital Management LLC’s portfolio, making the stock its 3rd largest position. R.M.SINCERBEAUX Capital Management LLC’s holdings in Williams Companies were worth $15,420,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of WMB. Norges Bank bought a new position in shares of Williams Companies during the 4th quarter valued at approximately $747,749,000. BROOKFIELD Corp ON boosted its holdings in Williams Companies by 190.3% in the 2nd quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock worth $755,490,000 after buying an additional 7,884,730 shares during the period. Wellington Management Group LLP boosted its holdings 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 worth $3,077,942,000 after buying an additional 6,668,950 shares during the period. Clearbridge Investments LLC boosted its holdings in Williams Companies by 21.3% in the 4th quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company’s stock worth $1,281,875,000 after buying an additional 3,748,126 shares during the period. Finally, SG Americas Securities LLC boosted its holdings in 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 worth $222,692,000 after buying an additional 3,631,986 shares during the period. 86.44% of the stock is owned by institutional investors.

Williams Companies Stock Performance

NYSE WMB opened at $71.43 on Tuesday. Williams Companies, Inc. has a 1 year low of $55.82 and a 1 year high of $80.07. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.83 and a quick ratio of 0.76. The stock has a market capitalization of $87.26 billion, a PE ratio of 31.33, a P/E/G ratio of 1.76 and a beta of 0.58. The company’s 50 day simple moving average is $73.42 and its two-hundred day simple moving average is $69.00.

Williams Companies (NYSE:WMB) last posted 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. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The business had revenue of $3.03 billion for the quarter, compared to analysts’ expectations of $3.28 billion. During the same period in the prior year, the company posted $0.60 EPS. The business’s revenue for the quarter was down .6% compared to the same quarter last year. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Analysts predict that Williams Companies, Inc. will post 2.44 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Friday, June 12th will be paid a $0.525 dividend. The ex-dividend date is Friday, June 12th. This represents a $2.10 annualized dividend and a yield of 2.9%. Williams Companies’s dividend payout ratio is currently 92.11%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Wall Street Zen raised shares of Williams Companies from a “sell” rating to a “hold” rating in a report on Sunday, April 5th. Morgan Stanley raised their price objective on shares of Williams Companies from $90.00 to $98.00 and gave the stock an “overweight” rating in a report on Wednesday, May 20th. Stifel Nicolaus raised their price objective on shares of Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. UBS Group raised their price objective 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. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Williams Companies in a report on Friday, March 27th. Four investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $82.40.

Insider Activity at Williams Companies

In other news, CFO John Dean Porter sold 50,000 shares of the firm’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 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 filing with the SEC, which can be accessed through this link. Also, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $76.35, for a total transaction of $152,700.00. Following the sale, the senior vice president owned 287,159 shares in the company, valued at approximately $21,924,589.65. This trade represents a 0.69% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 68,500 shares of company stock worth $5,177,835. Corporate insiders own 0.47% of the company’s stock.

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.