APG Asset Management N.V. Sells 19,700 Shares of Williams Companies, Inc. (The) $WMB

APG Asset Management N.V. lessened its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 3.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 596,806 shares of the pipeline company’s stock after selling 19,700 shares during the quarter. APG Asset Management N.V.’s holdings in Williams Companies were worth $37,808,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in WMB. Hartford Funds Management Co LLC acquired a new position in Williams Companies in the second quarter worth about $29,000. Atlantic Union Bankshares Corp bought a new stake in shares of Williams Companies in the 2nd quarter valued at approximately $32,000. Salomon & Ludwin LLC acquired a new position in shares of Williams Companies in the 3rd quarter worth approximately $35,000. Legacy Investment Solutions LLC acquired a new position in shares of Williams Companies in the 2nd quarter worth approximately $35,000. Finally, Aspect Partners LLC lifted its position in shares of Williams Companies by 81.3% during the 2nd quarter. Aspect Partners LLC now owns 582 shares of the pipeline company’s stock worth $37,000 after buying an additional 261 shares during the period. Institutional investors and hedge funds own 86.44% of the company’s stock.

Insider Activity

In related news, CAO Mary A. Hausman sold 10,107 shares of the stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $74.91, for a total value of $757,115.37. Following the sale, the chief accounting officer directly owned 17,230 shares in the company, valued at $1,290,699.30. This trade represents a 36.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Terrance Lane Wilson sold 27,000 shares of Williams Companies stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $72.92, for a total transaction of $1,968,840.00. Following the transaction, the senior vice president directly owned 293,159 shares in the company, valued at $21,377,154.28. The trade was a 8.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 41,107 shares of company stock worth $2,982,535 in the last three months. Insiders own 0.44% of the company’s stock.

Williams Companies Stock Down 0.0%

Shares of NYSE:WMB opened at $74.75 on Monday. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.53 and a quick ratio of 0.48. The stock has a market cap of $91.31 billion, a price-to-earnings ratio of 34.93, a P/E/G ratio of 1.33 and a beta of 0.63. The company has a 50 day moving average of $65.35 and a 200-day moving average of $61.83. Williams Companies, Inc. has a one year low of $51.58 and a one year high of $75.59.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.02). The business had revenue of $3.20 billion during the quarter, compared to the consensus estimate of $3.10 billion. Williams Companies had a net margin of 21.90% and a return on equity of 17.32%. During the same period in the previous 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 forecast that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Increases Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on WMB. Weiss Ratings reiterated a “buy (b)” rating on shares of Williams Companies in a research report on Monday, December 29th. Royal Bank Of Canada increased their target price on shares of Williams Companies from $75.00 to $78.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 11th. Tudor Pickering raised shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Monday, December 1st. Stifel Nicolaus upped their price objective on shares of Williams Companies from $69.00 to $78.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Finally, Citigroup raised their price objective on shares of Williams Companies from $70.00 to $81.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Williams Companies currently has a consensus rating of “Moderate Buy” and an average 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.