Everhart Financial Group Inc. Has $1.87 Million Stake in Williams Companies, Inc. (The) $WMB

Everhart Financial Group Inc. boosted its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 51.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 31,022 shares of the pipeline company’s stock after acquiring an additional 10,504 shares during the quarter. Everhart Financial Group Inc.’s holdings in Williams Companies were worth $1,865,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. LRI Investments LLC raised its holdings in shares of Williams Companies by 8.8% during the 3rd quarter. LRI Investments LLC now owns 2,169 shares of the pipeline company’s stock valued at $137,000 after purchasing an additional 176 shares in the last quarter. Patten & Patten Inc. TN boosted its holdings in Williams Companies by 1.7% in the third quarter. Patten & Patten Inc. TN now owns 11,087 shares of the pipeline company’s stock worth $702,000 after purchasing an additional 187 shares in the last quarter. Chesley Taft & Associates LLC increased its position in Williams Companies by 1.9% during the third quarter. Chesley Taft & Associates LLC now owns 10,420 shares of the pipeline company’s stock worth $660,000 after buying an additional 199 shares during the last quarter. Gentry Private Wealth LLC increased its position in Williams Companies by 2.1% during the third quarter. Gentry Private Wealth LLC now owns 9,578 shares of the pipeline company’s stock worth $607,000 after buying an additional 199 shares during the last quarter. Finally, Tradewinds Capital Management LLC raised its holdings in Williams Companies by 9.0% during the third quarter. Tradewinds Capital Management LLC now owns 2,425 shares of the pipeline company’s stock valued at $154,000 after buying an additional 200 shares in the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Williams Companies Stock Performance

NYSE WMB opened at $72.44 on Friday. Williams Companies, Inc. has a twelve month low of $51.58 and a twelve month high of $76.87. 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 stock has a market cap of $88.48 billion, a P/E ratio of 33.85, a PEG ratio of 1.27 and a beta of 0.63. The company’s 50-day simple moving average is $69.57 and its 200 day simple moving average is $63.52.

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). 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 during the quarter, compared to the consensus estimate of $3.10 billion. During the same quarter last year, the company earned $0.47 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, research analysts forecast that Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Increases Dividend

The business also recently announced 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 a boost from Williams Companies’s previous quarterly dividend of $0.50. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, March 13th. Williams Companies’s payout ratio is presently 98.13%.

Analyst Ratings Changes

Several research firms recently weighed in on WMB. Jefferies Financial Group boosted their target price on Williams Companies from $78.00 to $81.00 and gave the stock a “buy” rating in a report on Tuesday, February 17th. Stifel Nicolaus boosted 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. Wall Street Zen raised shares of Williams Companies from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Morgan Stanley raised their target price on shares of Williams Companies from $83.00 to $90.00 and gave the company an “overweight” rating in a research note on Monday, March 2nd. Finally, Tudor Pickering upgraded shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Monday, December 1st. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $76.50.

Insider Activity at Williams Companies

In other Williams Companies news, SVP Payvand Fazel sold 2,898 shares of the business’s stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $73.15, for a total transaction of $211,988.70. Following the completion of the sale, the senior vice president directly owned 31,766 shares of the company’s stock, valued at approximately $2,323,682.90. The trade was a 8.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, 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 transaction of $1,968,840.00. Following the sale, the senior vice president directly owned 293,159 shares of the company’s stock, valued at approximately $21,377,154.28. This trade represents a 8.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 51,369 shares of company stock valued at $3,769,012. Insiders own 0.44% of the company’s stock.

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.