Calamos Advisors LLC Trims Stock Holdings in Williams Companies, Inc. (The) $WMB

Calamos Advisors LLC lowered its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 1.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 567,209 shares of the pipeline company’s stock after selling 8,818 shares during the period. Calamos Advisors LLC’s holdings in Williams Companies were worth $34,095,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WMB. BROOKFIELD Corp ON raised its stake in Williams Companies by 190.3% during the second quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock valued at $755,490,000 after buying an additional 7,884,730 shares in the last quarter. Wellington Management Group LLP raised 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 valued at $3,077,942,000 after buying an additional 6,668,950 shares in the last quarter. SG Americas Securities LLC raised its stake in Williams Companies by 4,992.2% during the fourth quarter. SG Americas Securities LLC now owns 3,704,739 shares of the pipeline company’s stock valued at $222,692,000 after buying an additional 3,631,986 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Williams Companies by 30.4% during the third quarter. Dimensional Fund Advisors LP now owns 9,073,602 shares of the pipeline company’s stock valued at $574,856,000 after buying an additional 2,116,526 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in Williams Companies by 27.4% during the third quarter. Ameriprise Financial Inc. now owns 7,753,924 shares of the pipeline company’s stock valued at $491,225,000 after buying an additional 1,668,706 shares in the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Insider Buying and Selling

In other news, SVP Todd J. Rinke sold 7,364 shares of the stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $74.39, for a total transaction of $547,807.96. Following the sale, the senior vice president directly owned 26,055 shares in the company, valued at approximately $1,938,231.45. This represents a 22.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Payvand Fazel sold 2,898 shares of the stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $73.15, for a total value of $211,988.70. Following the completion of the transaction, the senior vice president directly owned 31,766 shares of the company’s stock, valued at $2,323,682.90. This trade represents a 8.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 53,369 shares of company stock valued at $3,912,512 over the last quarter. Company insiders own 0.47% of the company’s stock.

Analyst Ratings Changes

WMB has been the topic of several research reports. Stifel Nicolaus upped their price objective on Williams Companies from $69.00 to $78.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Weiss Ratings restated a “buy (b)” rating on shares of Williams Companies in a research note on Friday, March 27th. UBS Group upped their price objective on Williams Companies from $78.00 to $89.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. Royal Bank Of Canada upped their price objective on Williams Companies from $78.00 to $82.00 and gave the company an “outperform” rating in a research note on Monday, April 6th. Finally, Wells Fargo & Company upped their price objective on Williams Companies from $80.00 to $89.00 and gave the company an “overweight” rating in a research note on Friday, March 13th. Four investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $78.60.

Williams Companies Stock Up 0.7%

Shares of Williams Companies stock opened at $72.15 on Friday. The company has a current ratio of 0.53, a quick ratio of 0.48 and a debt-to-equity ratio of 1.83. The business’s 50 day simple moving average is $73.03 and its 200-day simple moving average is $65.58. The stock has a market capitalization of $88.13 billion, a price-to-earnings ratio of 33.71, a PEG ratio of 1.20 and a beta of 0.63. Williams Companies, Inc. has a twelve month low of $55.82 and a twelve month high of $76.87.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.02). The company had revenue of $3.20 billion for the quarter, compared to analyst estimates of $3.10 billion. Williams Companies had a return on equity of 17.32% and a net margin of 21.90%.During the same quarter in the previous year, the company posted $0.47 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Equities research analysts forecast that Williams Companies, Inc. will post 2.41 earnings per share for the current year.

Williams Companies Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Friday, March 13th were given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Friday, March 13th. This is a positive change from Williams Companies’s previous quarterly dividend of $0.50. Williams Companies’s payout ratio is currently 98.13%.

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.