WCG Wealth Advisors LLC Boosts Holdings in Williams Companies, Inc. (The) $WMB

WCG Wealth Advisors LLC boosted its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 100.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 53,969 shares of the pipeline company’s stock after purchasing an additional 27,020 shares during the quarter. WCG Wealth Advisors LLC’s holdings in Williams Companies were worth $3,244,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. raised its position in Williams Companies by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 133,963,343 shares of the pipeline company’s stock valued at $8,052,537,000 after acquiring an additional 883,245 shares in the last quarter. Wellington Management Group LLP raised its stake in Williams Companies by 15.9% in the 3rd quarter. Wellington Management Group LLP now owns 48,586,299 shares of the pipeline company’s stock valued at $3,077,942,000 after purchasing an additional 6,668,950 shares during the last quarter. Invesco Ltd. grew its holdings 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 buying an additional 158,077 shares in the last quarter. Norges Bank purchased a new stake in Williams Companies during the 4th quarter valued at about $747,749,000. Finally, BROOKFIELD Corp ON raised its holdings in Williams Companies by 190.3% in the 2nd quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock valued at $755,490,000 after acquiring an additional 7,884,730 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Todd J. Rinke sold 7,364 shares of the stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $74.39, for a total transaction of $547,807.96. Following the completion of the sale, the senior vice president owned 26,055 shares in the company, valued at $1,938,231.45. This represents a 22.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO John Dean Porter sold 50,000 shares of the stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $75.37, for a total value of $3,768,500.00. Following the sale, the chief financial officer directly owned 196,567 shares of the company’s stock, valued at $14,815,254.79. The trade was a 20.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 78,762 shares of company stock worth $5,937,632. Corporate insiders own 0.47% of the company’s stock.

Williams Companies Stock Performance

NYSE:WMB opened at $72.28 on Friday. The firm has a market capitalization of $88.30 billion, a PE ratio of 31.70, a price-to-earnings-growth ratio of 1.75 and a beta of 0.58. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.83 and a quick ratio of 0.76. The business’s fifty day moving average price is $73.59 and its 200 day moving average price is $68.39. Williams Companies, Inc. has a 12 month low of $55.82 and a 12 month high of $80.07.

Williams Companies (NYSE:WMB) last posted its earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.10. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The firm had revenue of $3.03 billion during the quarter, compared to analysts’ expectations of $3.28 billion. During the same quarter in the previous year, the business earned $0.60 earnings per share. The firm’s revenue 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, sell-side analysts anticipate that Williams Companies, Inc. will post 2.44 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Friday, June 12th will be paid a $0.525 dividend. The ex-dividend date is Friday, June 12th. This represents a $2.10 dividend on an annualized basis and a yield of 2.9%. Williams Companies’s payout ratio is currently 92.11%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Wells Fargo & Company boosted their target price on Williams Companies from $80.00 to $89.00 and gave the stock an “overweight” rating in a report on Friday, March 13th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Williams Companies in a report on Friday, March 27th. Morgan Stanley raised their target price on Williams Companies from $90.00 to $98.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 20th. Truist Financial began coverage on Williams Companies in a report on Tuesday, March 24th. They set a “buy” rating and a $84.00 price target on the stock. Finally, UBS Group raised their price objective on shares of Williams Companies from $89.00 to $91.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Four equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $82.40.

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.