Dakota Wealth Management Has $1.20 Million Stake in Williams Companies, Inc. (The) $WMB

Dakota Wealth Management reduced its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 76.0% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 19,002 shares of the pipeline company’s stock after selling 60,169 shares during the period. Dakota Wealth Management’s holdings in Williams Companies were worth $1,204,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its position in shares of Williams Companies by 3.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,540,556 shares of the pipeline company’s stock valued at $287,644,000 after purchasing an additional 134,777 shares in the last quarter. World Investment Advisors boosted its stake in Williams Companies by 185.6% during the third quarter. World Investment Advisors now owns 43,069 shares of the pipeline company’s stock valued at $2,728,000 after buying an additional 27,987 shares during the period. Mirae Asset Global Investments Co. Ltd. grew 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 buying an additional 16,027 shares in the last quarter. Compass Wealth Management LLC increased its stake in Williams Companies by 75.9% in the 3rd 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 increased its stake in Williams Companies by 3,344.8% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 17,465 shares of the pipeline company’s stock worth $1,106,000 after acquiring an additional 16,958 shares during the last quarter. Institutional investors own 86.44% of the company’s stock.

Insiders Place Their Bets

In other Williams Companies news, SVP Terrance Lane Wilson sold 27,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $72.92, for a total value of $1,968,840.00. Following the completion of the sale, the senior vice president owned 293,159 shares in the company, valued at approximately $21,377,154.28. The trade was a 8.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders sold a total of 31,000 shares of company stock valued at $2,225,420 in the last ninety days. Insiders own 0.44% of the company’s stock.

Williams Companies Price Performance

WMB stock opened at $74.01 on Thursday. The firm has a market cap of $90.38 billion, a P/E ratio of 34.59, a P/E/G ratio of 1.31 and a beta of 0.65. The firm’s fifty day moving average is $64.70 and its 200 day moving average is $61.57. Williams Companies, Inc. has a 52 week low of $51.58 and a 52 week high of $74.09. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.48 and a current ratio of 0.53.

Williams Companies (NYSE:WMB) last posted its quarterly earnings results on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.02). The business had revenue of $3.20 billion for 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 quarter in the previous year, the company earned $0.47 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Research analysts predict that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Increases Dividend

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

Wall Street Analyst Weigh In

Several research analysts have recently commented on WMB shares. TD Cowen boosted their price objective on Williams Companies from $69.00 to $70.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Tudor Pickering raised shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 1st. UBS Group raised their price objective on shares of Williams Companies from $78.00 to $89.00 and gave the company a “buy” rating in a research report on Tuesday, February 17th. Stifel Nicolaus upped their target price on shares of Williams Companies from $69.00 to $78.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Williams Companies in a research report on Monday, December 29th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Williams Companies presently has an average rating of “Moderate Buy” and an average price target of $75.36.

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.