Williams Companies, Inc. (The) $WMB Shares Sold by Nicholas Hoffman & Company LLC.

Nicholas Hoffman & Company LLC. cut its position in Williams Companies, Inc. (The) (NYSE:WMB) by 72.1% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,839 shares of the pipeline company’s stock after selling 9,939 shares during the quarter. Nicholas Hoffman & Company LLC.’s holdings in Williams Companies were worth $279,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Towne Trust Company N.A increased its position in Williams Companies by 60.2% during the fourth quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock worth $26,000 after buying an additional 162 shares during the period. Motiv8 Investments LLC acquired a new stake in shares of Williams Companies in the fourth quarter valued at approximately $27,000. Clearstead Trust LLC grew its position in shares of Williams Companies by 62.2% during the fourth quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock worth $29,000 after acquiring an additional 186 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new position in shares of Williams Companies in the 4th quarter valued at $29,000. Finally, WHI TRUST Co LLC acquired a new position in shares of Williams Companies in the 4th quarter valued at $30,000. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Wall Street Analyst Weigh In

WMB has been the subject of a number of recent research reports. Wells Fargo & Company increased their price target on shares of Williams Companies from $80.00 to $89.00 and gave the stock an “overweight” rating in a research note on Friday, March 13th. Morgan Stanley upped their price objective on Williams Companies from $90.00 to $98.00 and gave the company an “overweight” rating in a research note on Wednesday, May 20th. Wolfe Research raised Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. UBS Group boosted their target price on Williams Companies from $89.00 to $91.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Finally, Jefferies Financial Group cut their price target on Williams Companies from $87.00 to $85.00 and set a “buy” rating for the company in a research note on Wednesday, July 1st. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $83.50.

Insider Activity at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $74.16, for a total value of $148,320.00. Following the completion of the transaction, the senior vice president directly owned 283,159 shares of the company’s stock, valued at approximately $20,999,071.44. This trade represents a 0.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Glen G. Jasek sold 2,500 shares of Williams Companies stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $78.15, for a total transaction of $195,375.00. Following the sale, the senior vice president owned 54,101 shares of the company’s stock, valued at approximately $4,227,993.15. The trade was a 4.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 68,500 shares of company stock worth $5,182,655 over the last three months. 0.47% of the stock is currently owned by company insiders.

Williams Companies Stock Up 0.2%

Williams Companies stock opened at $75.25 on Thursday. 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 company has a market cap of $91.92 billion, a PE ratio of 33.00, a price-to-earnings-growth ratio of 1.84 and a beta of 0.57. The stock’s 50 day moving average price is $74.25 and its 200 day moving average price is $70.63.

Williams Companies (NYSE:WMB) last released 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 firm had revenue of $3.03 billion during the quarter, compared to analysts’ expectations of $3.28 billion. During the same quarter in the prior year, the business posted $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. On average, sell-side analysts predict that Williams Companies, Inc. will post 2.43 EPS for the current fiscal year.

Williams Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Friday, June 12th were issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Friday, June 12th. Williams Companies’s dividend payout ratio (DPR) is currently 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.