Heritage Wealth Advisors Raises Stock Position in Williams Companies, Inc. (The) $WMB

Heritage Wealth Advisors boosted its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 2.0% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 435,083 shares of the pipeline company’s stock after acquiring an additional 8,574 shares during the period. Williams Companies comprises about 1.2% of Heritage Wealth Advisors’ holdings, making the stock its 25th biggest holding. Heritage Wealth Advisors’ holdings in Williams Companies were worth $27,563,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its holdings in shares of Williams Companies by 3.1% during the third quarter. Envestnet Asset Management Inc. now owns 4,540,556 shares of the pipeline company’s stock worth $287,644,000 after buying an additional 134,777 shares in the last quarter. World Investment Advisors lifted its stake in shares of Williams Companies by 185.6% in the third quarter. World Investment Advisors now owns 43,069 shares of the pipeline company’s stock worth $2,728,000 after buying an additional 27,987 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in Williams Companies by 9.5% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 184,123 shares of the pipeline company’s stock worth $11,664,000 after acquiring an additional 16,027 shares during the last quarter. Compass Wealth Management LLC boosted its position in Williams Companies by 75.9% during the third quarter. Compass Wealth Management LLC now owns 125,290 shares of the pipeline company’s stock worth $7,937,000 after acquiring an additional 54,057 shares during the last quarter. Finally, Atlantic Union Bankshares Corp grew its stake in Williams Companies by 3,344.8% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 17,465 shares of the pipeline company’s stock valued at $1,106,000 after acquiring an additional 16,958 shares in the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, CAO Mary A. Hausman sold 10,107 shares of the firm’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $74.91, for a total transaction of $757,115.37. Following the completion of the sale, the chief accounting officer owned 17,230 shares of the company’s stock, valued at $1,290,699.30. This trade represents a 36.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction 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 in the company, valued at $21,906,803.16. This represents a 0.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 43,107 shares of company stock valued at $3,133,015. 0.44% of the stock is owned by insiders.

Williams Companies Price Performance

Shares of WMB stock opened at $74.16 on Friday. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.53 and a quick ratio of 0.48. The company has a market capitalization of $90.59 billion, a PE ratio of 34.65, a price-to-earnings-growth ratio of 1.27 and a beta of 0.63. The firm’s 50-day moving average is $66.94 and its two-hundred day moving average is $62.44. Williams Companies, Inc. has a 12 month low of $51.58 and a 12 month high of $76.87.

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

Williams Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, March 13th will be given a $0.525 dividend. The ex-dividend date is Friday, March 13th. This is a positive change from Williams Companies’s previous quarterly dividend of $0.50. This represents a $2.10 annualized dividend and a yield of 2.8%. Williams Companies’s dividend payout ratio (DPR) is currently 93.46%.

Wall Street Analyst Weigh In

A number of analysts have commented on WMB shares. Zacks Research upgraded shares of Williams Companies from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 4th. Royal Bank Of Canada boosted their target price on Williams Companies from $75.00 to $78.00 and gave the stock an “outperform” rating in a report on Wednesday, February 11th. Wall Street Zen upgraded Williams Companies from a “sell” rating to a “hold” rating in a research report on Saturday. Morgan Stanley increased their price target on Williams Companies from $83.00 to $90.00 and gave the company an “overweight” rating in a report on Monday, March 2nd. Finally, UBS Group lifted their price objective on Williams Companies from $78.00 to $89.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, Williams Companies presently has a consensus rating of “Moderate Buy” and an average target price of $75.86.

Williams Companies Company 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.