Spirit of America Management Corp NY Sells 16,900 Shares of Williams Companies, Inc. (The) $WMB

Spirit of America Management Corp NY lessened its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 10.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 146,632 shares of the pipeline company’s stock after selling 16,900 shares during the period. Williams Companies makes up about 1.9% of Spirit of America Management Corp NY’s portfolio, making the stock its 5th biggest holding. Spirit of America Management Corp NY’s holdings in Williams Companies were worth $8,814,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Brighton Jones LLC boosted its holdings in Williams Companies by 40.9% in the fourth quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock worth $740,000 after acquiring an additional 3,969 shares in the last quarter. Sivia Capital Partners LLC grew its stake in shares of Williams Companies by 5.5% during the second quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock worth $291,000 after acquiring an additional 242 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Williams Companies by 13.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 65,233 shares of the pipeline company’s stock valued at $4,097,000 after acquiring an additional 7,635 shares in the last quarter. Scotia Capital Inc. increased its holdings in shares of Williams Companies by 2.3% during the second quarter. Scotia Capital Inc. now owns 28,854 shares of the pipeline company’s stock valued at $1,812,000 after acquiring an additional 652 shares in the last quarter. Finally, Loomis Sayles & Co. L P raised its position in shares of Williams Companies by 27.5% in the 2nd quarter. Loomis Sayles & Co. L P now owns 140,646 shares of the pipeline company’s stock valued at $8,834,000 after purchasing an additional 30,373 shares during the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Williams Companies Price Performance

Shares of NYSE WMB opened at $72.45 on Tuesday. Williams Companies, Inc. has a 52 week low of $51.58 and a 52 week high of $76.87. The business’s 50 day moving average price is $71.13 and its 200 day moving average price is $64.28. 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 firm has a market cap of $88.50 billion, a P/E ratio of 33.85, a P/E/G ratio of 1.27 and a beta of 0.63.

Williams Companies (NYSE:WMB) last posted its quarterly earnings results 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). Williams Companies had a return on equity of 17.32% and a net margin of 21.90%.The business had revenue of $3.20 billion for the quarter, compared to analysts’ expectations of $3.10 billion. During the same period 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 expect that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Friday, March 13th were issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 2.9%. This is a boost from Williams Companies’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Friday, March 13th. Williams Companies’s dividend payout ratio is 98.13%.

Analyst Ratings Changes

Several analysts have weighed in on WMB shares. Wells Fargo & Company boosted their target price on shares of Williams Companies from $80.00 to $89.00 and gave the stock an “overweight” rating in a research report on Friday, March 13th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Williams Companies in a report on Friday. Citigroup lifted their price objective on shares of Williams Companies from $70.00 to $81.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Stifel Nicolaus boosted their price objective on shares of Williams Companies from $69.00 to $78.00 and gave the company a “buy” rating in a report on Friday, February 13th. Finally, Tudor Pickering raised Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. Three investment 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.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $77.00.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, SVP Payvand Fazel sold 2,898 shares of the 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 sale, the senior vice president directly owned 31,766 shares of the company’s stock, valued at approximately $2,323,682.90. This trade represents a 8.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Mary A. Hausman sold 10,107 shares of Williams Companies stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $74.91, for a total value of $757,115.37. Following the transaction, the chief accounting officer owned 17,230 shares of the company’s stock, valued at $1,290,699.30. The trade was a 36.97% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 51,369 shares of company stock worth $3,769,012. 0.47% of the stock is currently owned by company insiders.

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.