Phoenix Financial Ltd. Has $3.13 Million Position in Williams Companies, Inc. (The) $WMB

Phoenix Financial Ltd. lowered its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMBFree Report) by 15.2% during the fourth quarter, HoldingsChannel reports. The firm owned 52,113 shares of the pipeline company’s stock after selling 9,305 shares during the quarter. Phoenix Financial Ltd.’s holdings in Williams Companies were worth $3,133,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Vanguard Group Inc. raised its position in shares of Williams Companies by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 133,963,343 shares of the pipeline company’s stock worth $8,052,537,000 after purchasing an additional 883,245 shares during the period. Wellington Management Group LLP raised its position in shares of Williams Companies by 15.9% during 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 purchasing an additional 6,668,950 shares during the period. Invesco Ltd. raised its position in shares of Williams Companies by 1.1% during the third quarter. Invesco Ltd. now owns 14,575,898 shares of the pipeline company’s stock worth $923,383,000 after purchasing an additional 158,077 shares during the period. BROOKFIELD Corp ON raised its position in shares of Williams Companies by 190.3% during the second quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock worth $755,490,000 after purchasing an additional 7,884,730 shares during the period. Finally, Amundi raised its position in shares of Williams Companies by 5.3% during the third quarter. Amundi now owns 9,600,016 shares of the pipeline company’s stock worth $610,369,000 after purchasing an additional 481,082 shares during the period. Institutional investors and hedge funds own 86.44% of the company’s stock.

Williams Companies Stock Up 0.1%

Shares of Williams Companies stock opened at $77.77 on Friday. The business’s 50 day simple moving average is $73.23 and its 200 day simple moving average is $66.73. Williams Companies, Inc. has a 52-week low of $55.82 and a 52-week high of $78.24. The firm has a market cap of $95.00 billion, a PE ratio of 34.11, a P/E/G ratio of 1.32 and a beta of 0.61. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.83.

Williams Companies (NYSE:WMBGet Free Report) last announced its earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.10. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The business had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same quarter last year, the firm earned $0.60 EPS. Williams Companies’s revenue for the quarter was down .6% compared to the same quarter last year. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, analysts predict that Williams Companies, Inc. will post 2.37 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Friday, June 12th will be given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Friday, June 12th. Williams Companies’s dividend payout ratio (DPR) is currently 92.11%.

Key Headlines Impacting Williams Companies

Here are the key news stories impacting Williams Companies this week:

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on WMB shares. Wells Fargo & Company raised their price target on Williams Companies from $80.00 to $89.00 and gave the stock an “overweight” rating in a research report on Friday, March 13th. Truist Financial started coverage on Williams Companies in a research report on Tuesday, March 24th. They set a “buy” rating and a $84.00 price target on the stock. UBS Group raised their price target on Williams Companies from $89.00 to $91.00 and gave the stock a “buy” rating in a research report on Tuesday. TD Cowen lifted their target price on Williams Companies from $81.00 to $87.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Finally, Morgan Stanley lifted their target price on Williams Companies from $83.00 to $90.00 and gave the company an “overweight” rating in a research report on Monday, March 2nd. Four analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $80.47.

View Our Latest Research Report on Williams Companies

Insider Transactions at Williams Companies

In other Williams Companies news, COO Larry C. Larsen sold 12,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $76.48, for a total value of $917,760.00. Following the completion of the transaction, the chief operating officer directly owned 98,219 shares in the company, valued at $7,511,789.12. This trade represents a 10.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Terrance Lane Wilson sold 27,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the senior vice president owned 293,159 shares of the company’s stock, valued at approximately $21,377,154.28. This represents a 8.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 115,369 shares of company stock valued at $8,618,692. 0.47% of the stock is owned by insiders.

Williams Companies Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

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