SageGuard Financial Group LLC Acquires Shares of 8,440 Williams Companies, Inc. (The) $WMB

SageGuard Financial Group LLC acquired a new stake in Williams Companies, Inc. (The) (NYSE:WMB) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 8,440 shares of the pipeline company’s stock, valued at approximately $507,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. boosted its stake in shares of Williams Companies by 3.1% in the third quarter. Envestnet Asset Management Inc. now owns 4,540,556 shares of the pipeline company’s stock worth $287,644,000 after acquiring an additional 134,777 shares during the last quarter. World Investment Advisors boosted its stake in shares of Williams Companies by 185.6% in the third quarter. World Investment Advisors now owns 43,069 shares of the pipeline company’s stock worth $2,728,000 after acquiring an additional 27,987 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Williams Companies by 9.5% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 184,123 shares of the pipeline company’s stock worth $11,664,000 after acquiring an additional 16,027 shares during the last quarter. Compass Wealth Management LLC boosted its stake in shares of Williams Companies by 75.9% in the third quarter. Compass Wealth Management LLC now owns 125,290 shares of the pipeline company’s stock worth $7,937,000 after acquiring an additional 54,057 shares during the last quarter. Finally, Atlantic Union Bankshares Corp boosted its stake in shares of Williams Companies by 3,344.8% in the third quarter. Atlantic Union Bankshares Corp now owns 17,465 shares of the pipeline company’s stock worth $1,106,000 after acquiring an additional 16,958 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Insider Buying and Selling

In other Williams Companies news, SVP Payvand Fazel sold 2,898 shares of Williams Companies stock in a transaction 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 sale, the senior vice president owned 31,766 shares in the company, valued at $2,323,682.90. The trade was a 8.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Terrance Lane Wilson sold 27,000 shares of Williams Companies stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $72.92, for a total value of $1,968,840.00. Following the completion of the sale, the senior vice president owned 293,159 shares in the company, valued at $21,377,154.28. This represents a 8.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 53,369 shares of company stock worth $3,912,512. 0.47% of the stock is owned by corporate insiders.

Williams Companies Stock Performance

Shares of Williams Companies stock opened at $70.92 on Tuesday. Williams Companies, Inc. has a one year low of $55.56 and a one year high of $76.87. The company has a market cap of $86.63 billion, a price-to-earnings ratio of 33.14, a PEG ratio of 1.20 and a beta of 0.63. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.48 and a current ratio of 0.53. The business’s 50 day moving average price is $72.99 and its 200 day moving average price is $65.40.

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 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 company had revenue of $3.20 billion for the quarter, compared to analysts’ expectations of $3.10 billion. During the same quarter in the previous year, the business posted $0.47 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, research analysts predict that Williams Companies, Inc. will post 2.4 EPS for the current year.

Williams Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Friday, March 13th were given a dividend of $0.525 per share. The ex-dividend date was Friday, March 13th. This is a positive change from Williams Companies’s previous quarterly dividend of $0.50. This represents a $2.10 dividend on an annualized basis and a yield of 3.0%. Williams Companies’s dividend payout ratio (DPR) is 98.13%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Truist Financial assumed coverage on Williams Companies in a research note on Tuesday, March 24th. They issued a “buy” rating and a $84.00 price target on the stock. Morgan Stanley lifted their price target on Williams Companies from $83.00 to $90.00 and gave the stock an “overweight” rating in a research note on Monday, March 2nd. Citigroup lifted their price target on Williams Companies from $70.00 to $81.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Scotiabank lifted their price target on Williams Companies from $84.00 to $85.00 and gave the stock a “sector outperform” rating in a research note on Wednesday, April 1st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Williams Companies in a research report on Friday, March 27th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $78.60.

Williams Companies 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.