Williams Companies, Inc. (The) $WMB Shares Sold by HUB Investment Partners LLC

HUB Investment Partners LLC decreased its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 42.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 123,394 shares of the pipeline company’s stock after selling 90,721 shares during the period. HUB Investment Partners LLC’s holdings in Williams Companies were worth $7,817,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Williams Companies by 1.5% in the second quarter. Vanguard Group Inc. now owns 133,075,340 shares of the pipeline company’s stock valued at $8,358,462,000 after purchasing an additional 1,912,156 shares during the period. Invesco Ltd. lifted its position in Williams Companies by 27.3% during the second quarter. Invesco Ltd. now owns 14,417,821 shares of the pipeline company’s stock worth $905,583,000 after buying an additional 3,089,390 shares during the period. Norges Bank acquired a new stake in Williams Companies in the 2nd quarter worth about $765,164,000. BROOKFIELD Corp ON grew 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 valued at $755,490,000 after buying an additional 7,884,730 shares during the period. Finally, Legal & General Group Plc increased its stake in shares of Williams Companies by 9.9% during the 2nd quarter. Legal & General Group Plc now owns 10,056,234 shares of the pipeline company’s stock valued at $631,632,000 after acquiring an additional 903,457 shares during the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Tudor Pickering raised shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. Jefferies Financial Group increased their price target on shares of Williams Companies from $78.00 to $81.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. UBS Group boosted their price objective on shares of Williams Companies from $78.00 to $89.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. Royal Bank Of Canada upped their price objective on Williams Companies from $75.00 to $78.00 and gave the stock an “outperform” rating in a report on Wednesday, February 11th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Williams Companies in a research report on Monday, December 29th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $75.86.

Insider Activity

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $75.24, for a total value of $150,480.00. Following the completion of the sale, the senior vice president owned 291,159 shares of the company’s stock, valued at $21,906,803.16. This trade represents a 0.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Mary A. Hausman sold 10,107 shares of Williams Companies stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $74.91, for a total transaction of $757,115.37. Following the sale, the chief accounting officer owned 17,230 shares in the company, valued at $1,290,699.30. This represents a 36.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 43,107 shares of company stock worth $3,133,015. Company insiders own 0.44% of the company’s stock.

Williams Companies Price Performance

Williams Companies stock opened at $74.16 on Friday. The firm has a fifty day moving average of $66.94 and a 200-day moving average of $62.40. Williams Companies, Inc. has a 52-week low of $51.58 and a 52-week high of $76.87. The company has a quick ratio of 0.48, a current ratio of 0.53 and a debt-to-equity ratio of 1.83. The firm has a market capitalization of $90.59 billion, a P/E ratio of 34.65, a PEG ratio of 1.28 and a beta of 0.63.

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

Williams Companies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, March 13th will be paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.8%. This is an increase from Williams Companies’s previous quarterly dividend of $0.50. The ex-dividend date is Friday, March 13th. Williams Companies’s payout ratio is 93.46%.

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.