Park Avenue Securities LLC Purchases 11,234 Shares of Williams Companies, Inc. (The) $WMB

Park Avenue Securities LLC grew its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 16.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 80,721 shares of the pipeline company’s stock after purchasing an additional 11,234 shares during the quarter. Park Avenue Securities LLC’s holdings in Williams Companies were worth $4,852,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Norges Bank purchased a new position in shares of Williams Companies in the second quarter worth approximately $765,164,000. BROOKFIELD Corp ON increased its holdings 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 during the last quarter. Wellington Management Group LLP raised its position in Williams Companies by 15.9% in the third quarter. Wellington Management Group LLP now owns 48,586,299 shares of the pipeline company’s stock worth $3,077,942,000 after acquiring an additional 6,668,950 shares during the period. Invesco Ltd. raised its position in Williams Companies by 27.3% in the second quarter. Invesco Ltd. now owns 14,417,821 shares of the pipeline company’s stock worth $905,583,000 after acquiring an additional 3,089,390 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Williams Companies by 30.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 9,073,602 shares of the pipeline company’s stock worth $574,856,000 after acquiring an additional 2,116,526 shares during the last quarter. Institutional investors own 86.44% of the company’s stock.

Williams Companies Stock Performance

WMB opened at $72.44 on Friday. The company has a 50 day simple moving average of $69.57 and a two-hundred day simple moving average of $63.57. 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 firm has a market cap of $88.48 billion, a P/E ratio of 33.85, a PEG ratio of 1.24 and a beta of 0.63. Williams Companies, Inc. has a 1-year low of $51.58 and a 1-year high of $76.87.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data on Tuesday, February 10th. The pipeline company reported $0.55 EPS 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 firm had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.10 billion. During the same quarter in the previous year, the business earned $0.47 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Equities analysts forecast that Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Friday, March 13th will be issued a dividend of $0.525 per share. 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 2.9%. The ex-dividend date of this dividend is Friday, March 13th. Williams Companies’s payout ratio is 98.13%.

Insiders Place Their Bets

In related news, SVP Todd J. Rinke sold 7,364 shares of Williams Companies 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 owned 26,055 shares of the company’s stock, valued at approximately $1,938,231.45. This trade 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 this link. Also, SVP Payvand Fazel sold 2,898 shares of the business’s 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 in the company, valued at approximately $2,323,682.90. This represents a 8.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 51,369 shares of company stock valued at $3,769,012 over the last three months. Insiders own 0.44% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on WMB shares. Jefferies Financial Group boosted their price objective on shares of Williams Companies from $78.00 to $81.00 and gave the company a “buy” rating in a research report on Tuesday, February 17th. Royal Bank Of Canada lifted their target price on Williams Companies from $75.00 to $78.00 and gave the company an “outperform” rating in a research report on Wednesday, February 11th. Tudor Pickering raised Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Monday, December 1st. Weiss Ratings restated a “buy (b)” rating on shares of Williams Companies in a research report on Monday, December 29th. Finally, Citigroup raised their price objective on Williams Companies from $70.00 to $81.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $76.50.

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.