Harrison Street Private Wealth LLC Makes New Investment in Williams Companies, Inc. (The) $WMB

Harrison Street Private Wealth LLC bought a new position in Williams Companies, Inc. (The) (NYSE:WMBFree Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 65,110 shares of the pipeline company’s stock, valued at approximately $4,739,000. Williams Companies accounts for 6.3% of Harrison Street Private Wealth LLC’s portfolio, making the stock its 4th largest position.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Mill Creek Capital Advisors LLC boosted its position in shares of Williams Companies by 2.4% during the 4th quarter. Mill Creek Capital Advisors LLC now owns 6,000 shares of the pipeline company’s stock worth $361,000 after purchasing an additional 141 shares in the last quarter. UMB Bank n.a. boosted its holdings in Williams Companies by 1.0% during the fourth quarter. UMB Bank n.a. now owns 15,309 shares of the pipeline company’s stock worth $920,000 after buying an additional 148 shares in the last quarter. Parallel Advisors LLC boosted its holdings in Williams Companies by 1.2% during the fourth quarter. Parallel Advisors LLC now owns 12,646 shares of the pipeline company’s stock worth $760,000 after buying an additional 149 shares in the last quarter. Great Diamond Partners LLC grew its position in Williams Companies by 0.4% during the fourth quarter. Great Diamond Partners LLC now owns 34,870 shares of the pipeline company’s stock worth $2,096,000 after buying an additional 150 shares during the period. Finally, Betterment LLC grew its position in Williams Companies by 3.3% during the fourth quarter. Betterment LLC now owns 4,766 shares of the pipeline company’s stock worth $286,000 after buying an additional 154 shares during the period. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Williams Companies Stock Up 0.4%

Shares of NYSE WMB opened at $73.09 on Friday. Williams Companies, Inc. has a 12-month low of $55.82 and a 12-month high of $80.07. The company has a market capitalization of $89.28 billion, a PE ratio of 32.06, a price-to-earnings-growth ratio of 1.78 and a beta of 0.57. 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 firm’s 50-day moving average is $74.06 and its two-hundred day moving average is $70.21.

Williams Companies (NYSE:WMBGet Free Report) last issued its quarterly earnings data on Monday, May 4th. The pipeline company reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.10. The business had revenue of $3.03 billion during the quarter, compared to analysts’ expectations 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 period last year, the company posted $0.60 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Equities analysts anticipate that Williams Companies, Inc. will post 2.44 EPS for the current fiscal year.

Williams Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Friday, June 12th were issued a $0.525 dividend. The ex-dividend date was Friday, June 12th. This represents a $2.10 annualized dividend and a yield of 2.9%. Williams Companies’s payout ratio is 92.11%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on WMB. Scotiabank lifted their price target on shares of Williams Companies from $85.00 to $86.00 and gave the company a “sector outperform” rating in a research report on Tuesday, May 12th. Jefferies Financial Group lowered their price target on Williams Companies from $87.00 to $85.00 and set a “buy” rating on the stock in a report on Wednesday. UBS Group lifted their price objective on Williams Companies from $89.00 to $91.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Canadian Imperial Bank of Commerce boosted their target price on Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a research report on Tuesday, May 26th. Finally, Truist Financial began coverage on Williams Companies in a report on Tuesday, March 24th. They issued a “buy” rating and a $84.00 target price on the stock. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $82.94.

Read Our Latest Report on WMB

Williams Companies News Roundup

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

  • Positive Sentiment: JPMorgan raised its price target on Williams Companies to $89 from $88 and reiterated an overweight rating, signaling continued upside confidence in the stock. JPMorgan raises WMB price target
  • Positive Sentiment: The company announced the appointment of two experienced independent directors, Billy Helms and Robb Turner, which may be viewed as a governance and strategic strength ahead of a potentially large acquisition. Williams appoints new board members
  • Positive Sentiment: Williams was highlighted in a dividend-focused article as a “super-safe” income stock, reinforcing its appeal to investors looking for reliable cash flow and yield. Williams dividend stock mention
  • Neutral Sentiment: Jefferies trimmed its price target to $85 from $87, but maintained a buy rating, suggesting the firm still sees meaningful upside even with slightly less aggressive expectations. Jefferies lowers WMB price target
  • Neutral Sentiment: Williams is reportedly nearing a roughly $5.5 billion acquisition tied to shale basin assets, which could support longer-term growth but also adds execution and integration risk. Williams acquisition report
  • Negative Sentiment: SVP Terrance Lane Wilson sold 2,000 shares, a small insider sale that can sometimes be interpreted as a mild cautionary signal, though the transaction was limited in size relative to his holdings. WMB insider sale filing

Insiders Place Their Bets

In other news, SVP Glen G. Jasek sold 2,500 shares of Williams Companies stock in a transaction on Friday, May 15th. The stock was sold at an average price of $78.15, for a total value of $195,375.00. Following the completion of the sale, the senior vice president owned 54,101 shares of the company’s stock, valued at $4,227,993.15. The trade was a 4.42% decrease in their ownership of the stock. 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 company’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $75.37, for a total value of $3,768,500.00. Following the completion of the transaction, the chief financial officer 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. In the last quarter, insiders sold 68,500 shares of company stock worth $5,182,655. 0.47% of the stock is owned by company insiders.

About Williams Companies

(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.

See Also

Want to see what other hedge funds are holding WMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Williams Companies, Inc. (The) (NYSE:WMBFree Report).

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

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