Westfield Capital Management Co. LP Purchases 30,112 Shares of Williams Companies, Inc. (The) $WMB

Westfield Capital Management Co. LP boosted its position in Williams Companies, Inc. (The) (NYSE:WMB) by 15.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 231,177 shares of the pipeline company’s stock after purchasing an additional 30,112 shares during the period. Westfield Capital Management Co. LP’s holdings in Williams Companies were worth $13,896,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Towne Trust Company N.A lifted its stake in Williams Companies by 60.2% in the fourth quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock worth $26,000 after purchasing an additional 162 shares during the last quarter. Clearstead Trust LLC lifted its stake in Williams Companies by 62.2% in the fourth quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock worth $29,000 after purchasing an additional 186 shares during the last quarter. WHI TRUST Co LLC bought a new stake in Williams Companies in the fourth quarter worth about $30,000. Entrust Financial LLC bought a new stake in Williams Companies in the fourth quarter worth about $31,000. Finally, Financial Life Planners bought a new stake in Williams Companies in the third quarter worth about $36,000. Institutional investors own 86.44% of the company’s stock.

Analyst Ratings Changes

WMB has been the subject of several analyst reports. Royal Bank Of Canada raised their price objective on shares of Williams Companies from $82.00 to $83.00 and gave the stock an “outperform” rating in a research note on Thursday, May 7th. Wall Street Zen raised shares of Williams Companies from a “sell” rating to a “hold” rating in a research note on Sunday, April 5th. Wells Fargo & Company boosted their price target on Williams Companies from $80.00 to $89.00 and gave the company an “overweight” rating in a report on Friday, March 13th. Morgan Stanley boosted their price target on Williams Companies from $90.00 to $98.00 and gave the company an “overweight” rating in a report on Wednesday, May 20th. Finally, Truist Financial initiated coverage on Williams Companies in a research note on Tuesday, March 24th. They issued a “buy” rating and a $84.00 price objective on the stock. Four 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’s stock. According to MarketBeat.com, Williams Companies presently has a consensus rating of “Buy” and a consensus price target of $82.40.

Insider Buying and Selling

In related news, CFO John Dean Porter sold 50,000 shares of the business’s stock in a transaction that occurred on 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 transaction, the chief financial officer owned 196,567 shares of the company’s stock, valued at $14,815,254.79. The trade was a 20.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Glen G. Jasek sold 2,500 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $78.15, for a total transaction of $195,375.00. Following the completion of the transaction, the senior vice president directly owned 54,101 shares of the company’s stock, valued at $4,227,993.15. This trade represents a 4.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 78,762 shares of company stock valued at $5,937,632 over the last ninety days. Company insiders own 0.47% of the company’s stock.

Williams Companies Stock Down 0.6%

Shares of NYSE:WMB opened at $72.00 on Friday. Williams Companies, Inc. has a 52-week low of $55.82 and a 52-week high of $80.07. The stock has a market cap of $87.95 billion, a P/E ratio of 31.58, a price-to-earnings-growth ratio of 1.77 and a beta of 0.58. The business’s 50 day moving average is $73.55 and its 200 day moving average is $68.42. The company has a quick ratio of 0.76, a current ratio of 0.83 and a debt-to-equity ratio of 1.99.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data 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 return on equity of 18.34% and a net margin of 23.39%.The company had revenue of $3.03 billion for the quarter, compared to analysts’ expectations of $3.28 billion. During the same quarter in the prior year, the firm earned $0.60 earnings per share. Williams Companies’s 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. Sell-side analysts predict that Williams Companies, Inc. will post 2.44 EPS for the current year.

Williams Companies Dividend Announcement

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

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.