HORAN Wealth LLC Raises Stake in Williams Companies, Inc. (The) $WMB

HORAN Wealth LLC grew its position in Williams Companies, Inc. (The) (NYSE:WMB) by 100.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 194,418 shares of the pipeline company’s stock after purchasing an additional 97,625 shares during the quarter. Williams Companies makes up about 1.3% of HORAN Wealth LLC’s investment portfolio, making the stock its 15th largest holding. HORAN Wealth LLC’s holdings in Williams Companies were worth $13,978,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of WMB. Vanguard Group Inc. raised its position in shares of Williams Companies by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 133,963,343 shares of the pipeline company’s stock valued at $8,052,537,000 after purchasing an additional 883,245 shares during the period. State Street Corp increased its stake in Williams Companies by 1.9% in the 4th quarter. State Street Corp now owns 67,981,106 shares of the pipeline company’s stock worth $4,086,344,000 after buying an additional 1,296,991 shares in the last quarter. Bank of America Corp DE raised its holdings in Williams Companies by 4.8% during the fourth quarter. Bank of America Corp DE now owns 46,053,873 shares of the pipeline company’s stock valued at $2,768,298,000 after acquiring an additional 2,100,164 shares during the period. Morgan Stanley raised its holdings in Williams Companies by 11.0% during the fourth quarter. Morgan Stanley now owns 33,572,067 shares of the pipeline company’s stock valued at $2,018,017,000 after acquiring an additional 3,314,851 shares during the period. Finally, Clearbridge Investments LLC lifted its position in shares of Williams Companies by 21.3% in the fourth quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company’s stock valued at $1,281,875,000 after acquiring an additional 3,748,126 shares in the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

WMB has been the subject of several research analyst reports. Wall Street Zen upgraded Williams Companies from a “sell” rating to a “hold” rating in a research report on Saturday. The Goldman Sachs Group reissued a “buy” rating and issued a $82.00 price target on shares of Williams Companies in a report on Tuesday, July 14th. Scotiabank upped their price target on Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, May 12th. Morgan Stanley increased their price objective on shares of Williams Companies from $98.00 to $99.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Finally, Stifel Nicolaus lifted their price objective on shares of Williams Companies from $78.00 to $83.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Four equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $83.56.

Williams Companies Stock Performance

NYSE:WMB opened at $74.16 on Tuesday. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.83 and a quick ratio of 0.76. Williams Companies, Inc. has a 1 year low of $55.82 and a 1 year high of $80.07. The stock’s 50 day simple moving average is $74.37 and its two-hundred day simple moving average is $71.50. The company has a market cap of $90.59 billion, a price-to-earnings ratio of 32.52, a PEG ratio of 1.80 and a beta of 0.57.

Williams Companies (NYSE:WMB) last posted its earnings results on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, beating 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 firm had revenue of $3.03 billion during the quarter, compared to the consensus estimate of $3.28 billion. During the same period in the prior year, the company earned $0.60 EPS. The company’s quarterly revenue was down .6% compared to the same quarter last year. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, equities analysts anticipate that Williams Companies, Inc. will post 2.43 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Friday, June 12th were given a dividend of $0.525 per share. The ex-dividend date was Friday, June 12th. This represents a $2.10 annualized dividend and a yield of 2.8%. Williams Companies’s dividend payout ratio (DPR) is 92.11%.

Insider Buying and Selling at Williams Companies

In other news, CFO John Dean Porter sold 50,000 shares of the business’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 sale, the chief financial officer directly owned 196,567 shares in the company, valued at $14,815,254.79. The trade was a 20.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $74.16, for a total transaction of $148,320.00. Following the sale, the senior vice president owned 283,159 shares in the company, valued at $20,999,071.44. This represents a 0.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 68,500 shares of company stock valued at $5,182,655. Corporate insiders own 0.47% of the company’s stock.

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.