Williams Companies, Inc. (The) $WMB Shares Bought by Colonial Trust Advisors

Colonial Trust Advisors grew its position in Williams Companies, Inc. (The) (NYSE:WMB) by 210.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,761 shares of the pipeline company’s stock after purchasing an additional 20,867 shares during the quarter. Colonial Trust Advisors’ holdings in Williams Companies were worth $1,949,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its position in shares of Williams Companies by 3.1% in 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 during the last quarter. World Investment Advisors increased its stake in Williams Companies by 185.6% during the 3rd quarter. World Investment Advisors now owns 43,069 shares of the pipeline company’s stock valued at $2,728,000 after purchasing an additional 27,987 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Williams Companies by 9.5% in 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 during the last quarter. Compass Wealth Management LLC lifted its stake in shares of Williams Companies by 75.9% during the third quarter. Compass Wealth Management LLC now owns 125,290 shares of the pipeline company’s stock worth $7,937,000 after buying an additional 54,057 shares during the period. Finally, Atlantic Union Bankshares Corp grew its holdings in shares of Williams Companies by 3,344.8% during the third quarter. Atlantic Union Bankshares Corp now owns 17,465 shares of the pipeline company’s stock valued at $1,106,000 after buying an additional 16,958 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Williams Companies Stock Up 0.7%

Shares of WMB opened at $73.47 on Wednesday. Williams Companies, Inc. has a 52 week low of $51.58 and a 52 week high of $73.87. The company has a quick ratio of 0.48, a current ratio of 0.53 and a debt-to-equity ratio of 1.83. The company has a market capitalization of $89.73 billion, a price-to-earnings ratio of 34.33, a PEG ratio of 1.30 and a beta of 0.65. The stock’s 50-day moving average price is $64.40 and its 200-day moving average price is $61.48.

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 the consensus estimate of $0.57 by ($0.02). Williams Companies had a net margin of 21.90% and a return on equity of 17.32%. The company had revenue of $3.20 billion for the quarter, compared to analysts’ expectations of $3.10 billion. During the same quarter in the prior year, the business posted $0.47 earnings per share. 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 2.08 EPS for the current year.

Williams Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, March 13th will be paid a $0.525 dividend. The ex-dividend date is Friday, March 13th. This represents a $2.10 annualized dividend and a dividend yield of 2.9%. This is an increase from Williams Companies’s previous quarterly dividend of $0.50. Williams Companies’s dividend payout ratio (DPR) is presently 93.46%.

Insider Transactions at Williams Companies

In related news, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $66.39, for a total transaction of $132,780.00. Following the sale, the senior vice president owned 293,545 shares in the company, valued at approximately $19,488,452.55. This trade represents a 0.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on WMB shares. Wells Fargo & Company raised their target price on Williams Companies from $71.00 to $80.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. BMO Capital Markets dropped their price target on Williams Companies from $72.00 to $70.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 5th. Scotiabank upgraded Williams Companies from a “sector perform” rating to a “sector outperform” rating and raised their price objective for the stock from $66.00 to $84.00 in a research note on Friday, February 13th. Zacks Research raised Williams Companies from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 4th. Finally, Royal Bank Of Canada increased their price target on shares of Williams Companies from $75.00 to $78.00 and gave the stock an “outperform” rating in a report on Wednesday, February 11th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $75.36.

Williams Companies Company 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.