Acumen Wealth Advisors LLC Has $828,000 Stake in Williams Companies, Inc. (The) $WMB

Acumen Wealth Advisors LLC raised its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 622.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,378 shares of the pipeline company’s stock after acquiring an additional 9,804 shares during the period. Acumen Wealth Advisors LLC’s holdings in Williams Companies were worth $828,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in WMB. Norges Bank acquired a new position in shares of Williams Companies during the 4th quarter worth about $747,749,000. BROOKFIELD Corp ON grew its holdings in Williams Companies by 190.3% in the 2nd 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 during the last quarter. Clearbridge Investments LLC grew its holdings in Williams Companies by 21.3% in the 4th quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company’s stock valued at $1,281,875,000 after buying an additional 3,748,126 shares during the last quarter. SG Americas Securities LLC increased its position in Williams Companies by 4,992.2% in the 4th quarter. SG Americas Securities LLC now owns 3,704,739 shares of the pipeline company’s stock worth $222,692,000 after buying an additional 3,631,986 shares during the period. Finally, Victory Capital Management Inc. increased its position in Williams Companies by 295.7% in the 4th quarter. Victory Capital Management Inc. now owns 4,446,915 shares of the pipeline company’s stock worth $268,723,000 after buying an additional 3,323,012 shares during the period. 86.44% of the stock is owned by institutional investors and hedge funds.

Williams Companies Stock Performance

WMB opened at $73.39 on Wednesday. The stock’s 50 day simple moving average is $74.34 and its 200-day simple moving average is $71.59. 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 has a market cap of $89.65 billion, a PE ratio of 32.19, a P/E/G ratio of 1.74 and a beta of 0.57. Williams Companies, Inc. has a 1 year low of $55.82 and a 1 year high of $80.07.

Williams Companies (NYSE:WMB) last issued its earnings results on Monday, May 4th. The pipeline company reported $0.73 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 period last year, the business earned $0.60 earnings per share. Williams Companies’s quarterly 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 forecast that Williams Companies, Inc. will post 2.44 EPS for the current year.

Williams Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Friday, June 12th were issued 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 of this dividend was Friday, June 12th. Williams Companies’s dividend payout ratio (DPR) is presently 92.11%.

Insider Buying and Selling at Williams Companies

In related news, SVP Glen G. Jasek sold 2,500 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $78.15, for a total value of $195,375.00. Following the sale, the senior vice president owned 54,101 shares of the company’s stock, valued at $4,227,993.15. The trade was a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO Larry C. Larsen sold 12,000 shares of the stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $76.48, for a total transaction of $917,760.00. Following the completion of the transaction, the chief operating officer directly owned 98,219 shares of the company’s stock, valued at $7,511,789.12. This trade represents a 10.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 68,500 shares of company stock valued at $5,182,655 in the last 90 days. Insiders own 0.47% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on WMB shares. UBS Group reissued a “buy” rating on shares of Williams Companies in a research report on Tuesday, July 14th. Royal Bank Of Canada boosted their target price on shares of Williams Companies from $82.00 to $83.00 and gave the stock an “outperform” rating in a research report on Thursday, May 7th. Scotiabank upped their target price on shares of Williams Companies from $85.00 to $86.00 and gave the company a “sector outperform” rating in a research note on Tuesday, May 12th. JPMorgan Chase & Co. increased their price target on shares of Williams Companies from $88.00 to $89.00 and gave the company an “overweight” rating in a report on Wednesday, July 1st. Finally, Citigroup raised their price target on shares of Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Four equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $83.56.

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.