Williams Companies, Inc. (The) $WMB Shares Bought by Oddo BHF Asset Management Sas

Oddo BHF Asset Management Sas raised its position in Williams Companies, Inc. (The) (NYSE:WMB) by 30.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 115,434 shares of the pipeline company’s stock after acquiring an additional 26,663 shares during the quarter. Oddo BHF Asset Management Sas’ holdings in Williams Companies were worth $6,939,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in Williams Companies by 0.7% in 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 acquiring an additional 883,245 shares in the last quarter. State Street Corp boosted its stake in shares of Williams Companies by 1.9% in the 4th quarter. State Street Corp now owns 67,981,106 shares of the pipeline company’s stock valued at $4,086,344,000 after buying an additional 1,296,991 shares during the period. Wellington Management Group LLP lifted its stake in Williams Companies by 15.9% during the third quarter. Wellington Management Group LLP now owns 48,586,299 shares of the pipeline company’s stock worth $3,077,942,000 after purchasing an additional 6,668,950 shares during the last quarter. Morgan Stanley lifted its stake in Williams Companies by 11.0% during the fourth quarter. Morgan Stanley now owns 33,572,067 shares of the pipeline company’s stock worth $2,018,017,000 after purchasing an additional 3,314,851 shares during the last quarter. Finally, Clearbridge Investments LLC lifted its stake in Williams Companies by 21.3% during the fourth quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company’s stock worth $1,281,875,000 after purchasing an additional 3,748,126 shares during the last quarter. 86.44% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $76.35, for a total value of $152,700.00. Following the transaction, the senior vice president owned 287,159 shares of the company’s stock, valued at approximately $21,924,589.65. The trade was a 0.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Larry C. Larsen sold 12,000 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $76.48, for a total value of $917,760.00. Following the completion of the transaction, the chief operating officer directly owned 98,219 shares in the company, valued at approximately $7,511,789.12. The trade was a 10.89% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 68,500 shares of company stock worth $5,177,835. 0.47% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts have commented on WMB shares. Morgan Stanley lifted their price target on Williams Companies from $90.00 to $98.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 20th. Canadian Imperial Bank of Commerce lifted their price target on Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a research report on Tuesday, May 26th. Stifel Nicolaus lifted their price target on Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Wells Fargo & Company lifted their price target on Williams Companies from $80.00 to $89.00 and gave the stock an “overweight” rating in a research report on Friday, March 13th. Finally, Truist Financial started coverage on Williams Companies in a research report on Tuesday, March 24th. They set a “buy” rating and a $84.00 price target on the stock. Four equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $82.40.

Williams Companies Trading Down 0.9%

NYSE:WMB opened at $71.43 on Tuesday. The firm has a market cap of $87.26 billion, a P/E ratio of 31.33, a PEG ratio of 1.76 and a beta of 0.58. The company has a current ratio of 0.83, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. The stock’s 50 day simple moving average is $73.42 and its 200-day simple moving average is $69.00. Williams Companies, Inc. has a 12-month low of $55.82 and a 12-month high of $80.07.

Williams Companies (NYSE:WMB) last released its earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.10. The business had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.28 billion. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The company’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Equities analysts anticipate that Williams Companies, Inc. will post 2.44 EPS for the current year.

Williams Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Friday, June 12th will be issued 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 dividend yield of 2.9%. Williams Companies’s payout ratio is presently 92.11%.

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.