Williams Companies, Inc. (The) $WMB Shares Sold by Del Sette Capital Management LLC

Del Sette Capital Management LLC decreased its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 88.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,344 shares of the pipeline company’s stock after selling 48,865 shares during the quarter. Del Sette Capital Management LLC’s holdings in Williams Companies were worth $402,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in WMB. Vanguard Group Inc. boosted its holdings in Williams Companies by 1.5% in the second quarter. Vanguard Group Inc. now owns 133,075,340 shares of the pipeline company’s stock worth $8,358,462,000 after acquiring an additional 1,912,156 shares in the last quarter. Wellington Management Group LLP increased 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 in the last quarter. Invesco Ltd. raised its position in shares of Williams Companies by 1.1% in the 3rd quarter. Invesco Ltd. now owns 14,575,898 shares of the pipeline company’s stock valued at $923,383,000 after purchasing an additional 158,077 shares during the last quarter. Norges Bank purchased a new position in shares of Williams Companies in the 2nd quarter valued at approximately $765,164,000. Finally, BROOKFIELD Corp ON boosted its stake 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 worth $755,490,000 after purchasing an additional 7,884,730 shares in the last quarter. 86.44% of the stock is owned by institutional investors and hedge funds.

Williams Companies Price Performance

Williams Companies stock opened at $73.68 on Wednesday. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.48 and a current ratio of 0.53. Williams Companies, Inc. has a 1 year low of $51.58 and a 1 year high of $76.87. The stock has a market capitalization of $90.00 billion, a P/E ratio of 34.43, a P/E/G ratio of 1.27 and a beta of 0.63. The company’s fifty day moving average price is $68.83 and its 200 day moving average price is $63.28.

Williams Companies (NYSE:WMB) last released its earnings results on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.02). Williams Companies had a net margin of 21.90% and a return on equity of 17.32%. The firm had revenue of $3.20 billion during the quarter, compared to analysts’ expectations of $3.10 billion. During the same quarter last year, the business earned $0.47 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, equities research analysts anticipate that Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Friday, March 13th will be paid a $0.525 dividend. This is a positive change from Williams Companies’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend is Friday, March 13th. This represents a $2.10 dividend on an annualized basis and a yield of 2.9%. Williams Companies’s dividend payout ratio is 98.13%.

Analyst Ratings Changes

A number of research analysts have issued reports on WMB shares. Wells Fargo & Company raised their price target 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. Tudor Pickering upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 1st. Stifel Nicolaus lifted their target price on Williams Companies from $69.00 to $78.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Citigroup upped their target price on Williams Companies from $70.00 to $81.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Finally, Morgan Stanley raised their price target on shares of Williams Companies from $83.00 to $90.00 and gave the stock an “overweight” rating in a research report on Monday, March 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Williams Companies has an average rating of “Moderate Buy” and an average target price of $76.50.

Insider Buying and Selling at Williams Companies

In other news, CAO Mary A. Hausman sold 10,107 shares of the company’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $74.91, for a total value of $757,115.37. Following the completion of the sale, the chief accounting officer directly owned 17,230 shares in the company, valued at $1,290,699.30. This represents a 36.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Todd J. Rinke sold 7,364 shares of Williams Companies stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $74.39, for a total value of $547,807.96. Following the transaction, the senior vice president owned 26,055 shares in the company, valued at approximately $1,938,231.45. The trade was a 22.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 51,369 shares of company stock valued at $3,769,012. Company insiders own 0.44% of the company’s stock.

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.