Williams Companies, Inc. (The) $WMB Shares Sold by HUB Investment Partners LLC

HUB Investment Partners LLC cut its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 42.4% in the 3rd quarter, Holdings Channel reports. The fund owned 123,394 shares of the pipeline company’s stock after selling 90,721 shares during the period. HUB Investment Partners LLC’s holdings in Williams Companies were worth $7,817,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of WMB. Hartford Funds Management Co LLC acquired a new position in shares of Williams Companies in the second quarter worth about $29,000. Atlantic Union Bankshares Corp acquired a new stake in Williams Companies during the 2nd quarter valued at approximately $32,000. Salomon & Ludwin LLC purchased a new stake in Williams Companies during the 3rd quarter worth approximately $35,000. Legacy Investment Solutions LLC purchased a new stake in Williams Companies during the 2nd quarter worth approximately $35,000. Finally, Aspect Partners LLC raised its position in shares of Williams Companies by 81.3% in the 2nd quarter. Aspect Partners LLC now owns 582 shares of the pipeline company’s stock valued at $37,000 after purchasing an additional 261 shares in the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CAO Mary A. Hausman sold 10,107 shares of the firm’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $74.91, for a total transaction of $757,115.37. Following the transaction, the chief accounting officer directly owned 17,230 shares of the company’s stock, valued at approximately $1,290,699.30. This trade represents a 36.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Terrance Lane Wilson sold 27,000 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $72.92, for a total transaction of $1,968,840.00. Following the completion of the transaction, the senior vice president owned 293,159 shares of the company’s stock, valued at $21,377,154.28. This represents a 8.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 43,107 shares of company stock valued at $3,133,015 over the last three months. Corporate insiders own 0.44% of the company’s stock.

Williams Companies Trading Down 0.8%

NYSE:WMB opened at $74.16 on Friday. The firm has a market capitalization of $90.59 billion, a P/E ratio of 34.65, a P/E/G ratio of 1.28 and a beta of 0.63. The business has a 50 day simple moving average of $66.94 and a 200 day simple moving average of $62.40. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.53 and a quick ratio of 0.48. Williams Companies, Inc. has a 12-month low of $51.58 and a 12-month high of $76.87.

Williams Companies (NYSE:WMB) last issued its 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). The company had revenue of $3.20 billion during the quarter, compared to analyst estimates of $3.10 billion. Williams Companies had a return on equity of 17.32% and a net margin of 21.90%.During the same period in the prior year, the business earned $0.47 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Equities research 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. Shareholders of record on Friday, March 13th will be given a $0.525 dividend. This is a positive change from Williams Companies’s previous quarterly dividend of $0.50. The ex-dividend date is Friday, March 13th. This represents a $2.10 annualized dividend and a yield of 2.8%. Williams Companies’s payout ratio is currently 93.46%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on WMB shares. Morgan Stanley raised their price target on shares of Williams Companies from $83.00 to $90.00 and gave the stock an “overweight” rating in a research report on Monday, March 2nd. UBS Group upped their price target on shares of Williams Companies from $78.00 to $89.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Wells Fargo & Company raised their price objective on shares of Williams Companies from $71.00 to $80.00 and gave the stock an “overweight” rating in a report on Wednesday, February 11th. Tudor Pickering raised shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. Finally, Royal Bank Of Canada upped their target price on shares of Williams Companies from $75.00 to $78.00 and gave the company an “outperform” rating in a research note on Wednesday, February 11th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $75.86.

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.