Pacer Advisors Inc. Has $11.76 Million Stock Holdings in Williams Companies, Inc. (The) $WMB

Pacer Advisors Inc. trimmed its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 48.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 195,641 shares of the pipeline company’s stock after selling 187,555 shares during the quarter. Pacer Advisors Inc.’s holdings in Williams Companies were worth $11,760,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in WMB. Norges Bank bought a new stake in Williams Companies in the fourth quarter valued at $747,749,000. BROOKFIELD Corp ON lifted its holdings 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 valued at $755,490,000 after acquiring an additional 7,884,730 shares during the period. Wellington Management Group LLP lifted its holdings 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 valued at $3,077,942,000 after acquiring an additional 6,668,950 shares during the period. Clearbridge Investments LLC boosted its stake in shares of Williams Companies by 21.3% in the 4th quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company’s stock valued at $1,281,875,000 after purchasing an additional 3,748,126 shares in the last quarter. Finally, SG Americas Securities LLC boosted its stake in shares of Williams Companies by 4,992.2% in the 4th quarter. SG Americas Securities LLC now owns 3,704,739 shares of the pipeline company’s stock valued at $222,692,000 after purchasing an additional 3,631,986 shares in the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Williams Companies Stock Performance

Williams Companies stock opened at $73.16 on Friday. The stock has a 50-day simple moving average of $73.37 and a 200 day simple moving average of $69.27. The company has a quick ratio of 0.76, a current ratio of 0.83 and a debt-to-equity ratio of 1.99. Williams Companies, Inc. has a 12-month low of $55.82 and a 12-month high of $80.07. The stock has a market capitalization of $89.37 billion, a price-to-earnings ratio of 32.09, a P/E/G ratio of 1.78 and a beta of 0.58.

Williams Companies (NYSE:WMB) last issued its quarterly earnings data on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.10. The firm had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.28 billion. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The company’s revenue was down .6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.60 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, research analysts anticipate that Williams Companies, Inc. will post 2.44 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Friday, June 12th will be paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, June 12th. Williams Companies’s dividend payout ratio is 92.11%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Wells Fargo & Company upped their target price on shares of Williams Companies from $80.00 to $89.00 and gave the stock an “overweight” rating in a report on Friday, March 13th. Jefferies Financial Group boosted their price target on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a research report on Friday, April 10th. The Goldman Sachs Group raised shares of Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 price objective on the stock in a research note on Monday, April 20th. Scotiabank raised their price objective on shares of Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a report on Tuesday, May 12th. Finally, Wall Street Zen upgraded shares of Williams Companies from a “sell” rating to a “hold” rating in a research note on Sunday, April 5th. Four research 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 stock currently has a consensus rating of “Buy” and an average price target of $82.40.

Insider Activity at Williams Companies

In related news, COO Larry C. Larsen sold 12,000 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The shares were 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 owned 98,219 shares in the company, valued at $7,511,789.12. The trade was a 10.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction on Friday, May 1st. The shares were sold at an average price of $76.35, for a total value of $152,700.00. Following the completion of the transaction, the senior vice president owned 287,159 shares in the company, valued at $21,924,589.65. The trade was a 0.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 68,500 shares of company stock worth $5,177,835. 0.47% of the stock is currently owned by company insiders.

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.